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CBS is swapping the stations and US$170 million in cash for 7.59 million shares of CBS common stock held by Liberty Media. On February 26, 2007, CBS began investing in Electric Sheep, which is a virtual world content developer. CBS hired Electric Sheep to develop some projects, including the creation of "The L-Word in Second Life".
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]
Nick on CBS/Nick Jr. on CBS (2000–06) Showtime Beyond (1999–2020), became SHO×BET focusing on African-American actors in film. MTVX, became MTV Jams in 2002, focusing on hip-hop music, rebranding under the BET banner in October 2015. VH1 21 (moved under the BET Media Group) VH1 MegaHits, became Logo TV in 2005, focusing on cultural LBGT ...
CBS Broadcasting Inc., commonly shortened to CBS (an abbreviation of its original name, Columbia Broadcasting System), is an American commercial broadcast television and radio network serving as the flagship property of the CBS Entertainment Group division of Paramount Global and is one of the company's three flagship subsidiaries, along with namesake Paramount Pictures and MTV.
The original phase of Viacom Inc. [a] (derived from "Video & Audio Communications") was an American mass media and entertainment conglomerate based in New York City.It began as CBS Television Film Sales, the broadcast syndication division of the CBS television network in 1952; it was renamed CBS Films in 1958, renamed CBS Enterprises in 1968, renamed Viacom in 1970, and spun off into its own ...
The CBS Records logo used outside of the United States. In 1961, CBS ended its arrangement with Philips Records and formed its own international organization, CBS Records International, in 1962. This subsidiary label released Columbia recordings outside the US and Canada on the CBS label (until 1964 marketed by Philips in Britain). [53]
CBS Studios, Inc. is an American television production company which is a subsidiary of the CBS Entertainment Group unit of Paramount Global. It was formed on January 17, 2006, by CBS Corporation as CBS Paramount (Network) Television , as a renaming of the original incarnation of the Paramount Television studio.
In 1966, CBS Records was made a separate subsidiary of the Columbia Broadcasting System. [141] CBS sold the CBS Records Group to Sony on November 17, 1987, initiating a Japanese buying spree of American companies, including MCA, Pebble Beach Co., Rockefeller Center, and even the Empire State Building, which continued