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Paramount Media Networks is the division of Paramount Global that oversees the operations of its television channels and online brands. The division was originally founded as MTV Networks in 1984, named after the MTV cable network. [1] It would be known under this name until 2011; when it would be thereafter known as Viacom Media Networks until ...
The second Viacom operated Viacom Media Networks, through which it controlled approximately 170 networks and reached approximately 700 million subscribers in approximately 160 countries. [9] Viacom's studio assets included Paramount Pictures , MTV Films , and Nickelodeon Animation Studio , as well as a 30% ownership stake in the Rainbow S.p.A ...
1.1 Paramount Communications (1989–1994) and Viacom Inc. and ... for CBS's library of network-owned ... Media Networks encompasses the pay television ...
Paramount Network launched in the UK on July 4, 2018, it is operated by the Viacom-owned network Channel 5. [118] It is the second Paramount-branded property in that market; its domestic version of Comedy Central launched as the Paramount Channel in 1995, then was Paramount Comedy from 1997 until 2009, when it took the Comedy Central name.
The company was established in 1983 as Showtime/The Movie Channel, Inc. after Viacom and Warner-Amex Satellite Entertainment (now Paramount Media Networks) merged their premium channels, Showtime and The Movie Channel respectively, into one division.
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.
Viacom's share acquisition 2018–2019 The company also owns Viacom18 Studios . On 31 January 2018, TV18 announced its acquisition of Viacom's majority in the joint venture, taking operational control and leaving Viacom with a minority interest. [ 7 ]
Paramount Television Studios, formerly the second incarnation of Paramount Television, was the television arm of American film studio Paramount Pictures, a division of Paramount Global, founded on March 4, 2013, by its predecessor, Viacom, following an emerging vigorous business with the technological expansion of television via streaming services. [3]