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The 2019 merger of CBS Corporation and Viacom was announced on August 13, 2019, and was completed on December 4, 2019. The merger of equals reunited CBS Corporation and Viacom into a single company known as ViacomCBS (today known as Paramount Global) after their separation from the first incarnation of Viacom on December 31, 2005.
In 2008, Nickelodeon became a 24-hour channel. Since then the Network as expanded. Most of its channels are available exclusively on DStv. BET Africa (Exclusive to DStv) BET 2 (Replaced BET International on DStv in April 2015 but closed before the end of the year) BET International (Available to all Digital TV services except DStv)
Paramount Pictures, CBS, and Viacom each had a history of being associated with one another through a series of various corporate mergers and splits. [10] Paramount Pictures was founded in 1912 as the Famous Players Film Company. [11]
ViacomCBS will change its corporate name to Paramount as of Feb. 16, calling the move an effort to adopt “an iconic global name” to reflect the conglomerate’s increasingly worldwide focus.
The new-model Paramount is also pouring money into content at a rate that neither Viacom nor CBS Corp. was able to do on its own prior to the re-merger of the Redstone media empire in late 2019 ...
Paramount Networks Southern Europe, Middle East, and Africa (SWEMEA), which serves France, French-speaking Switzerland, Italy, Spain, Portugal, the Middle East and Africa. Paramount Networks Italia, a division that was founded in 2011 in order for Viacom to purchase a 30% ownership stake in the Rainbow S.p.A. animation studio. [4]
On December 31, 2005, American mass media company Viacom split into two companies: the second CBS Corporation, its successor (the first being a short lived rename of Westinghouse Electric) which held the namesake flagship channel CBS, CBS News, CBS Sports, Showtime Networks, UPN (merged with The WB to form the CW, co-owned by Time Warner), Smithsonian Channel, Channel 10, PopTV, Simon and ...
Under Sumner Redstone’s leadership, Viacom became one of the nation’s media titans, home to pay TV channels MTV and Comedy Central and movie studio Paramount Pictures.