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The deal closed in 2001, with BET Holdings' networks becoming part of MTV Networks; but was eventually placed under BET Networks. In 2005, Robert Johnson retired as CEO, and was replaced with Debra L. Lee. Around the same time, Viacom was looking into splitting into two entities following multiple issues surrounding the company.
Today (also called The Today Show) is an American morning television show that airs weekdays from 7:00 a.m. to 11:00 a.m. on NBC.The program debuted on January 14, 1952. It was the first of its genre on American television and in the world, and after 73 years of broadcasting it is fifth on the list of longest-running American television serie
In some markets, the network would not arrive at all until as late as the early 2010s and Viacom considered it compulsory in retransmission consent negotiations to carry the BET-branded networks with Viacom Media Networks, due to some providers claiming that there was an overall lack of demand for the channel, or excused their lack of interest ...
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, Simon and Schuster, Infinity ...
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 ...
Also, Microsoft purchased a large amount of advertising on Viacom owned broadcasts and online networks. Finally, Microsoft would also collaborate on promotions and sponsorships for MTV and BET award shows, two Viacom-owned cable networks. On December 4, 2008, Viacom announced layoffs of 850 personnel, or 7% of their workforce. [23]
Two weeks later on August 26, Viacom acquired Warner Communications and Warner-Amex's combined 50% ownership interest in Showtime/The Movie Channel, Inc. as well as full ownership of the Warner-Amex and public shareholder interests in MTV Networks for $671.7 million, giving Viacom exclusive ownership of both networks and once again making it ...
CBS Corporation was an American multinational media company with interests primarily in commercial broadcasting, publishing, and television production.It was split from Viacom on December 31, 2005, alongside an entirely new Viacom; both CBS Corporation and the second Viacom were controlled by National Amusements, a theater company owned by billionaire Sumner Redstone.