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The Paramount Television Network was a venture by American film corporation Paramount Pictures to organize a television network in the late 1940s. The company built television stations KTLA in Los Angeles and WBBM-TV in Chicago; it also invested US$400,000 in the DuMont Television Network, which operated stations WABD (now WNYW) in New York City, WTTG in Washington, D.C., and WDTV (now KDKA-TV ...
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.
Most notable among the acquisitions were film studio Paramount Pictures in 1966, [1] television studio Desilu Productions in 1967, arcade and later videogame manufacturer Sega in 1969, book publisher Simon & Schuster in 1975, and a number of music labels including Dot Records (a subsidiary of Paramount at the time of purchase).
On March 4, 2013, then-president and then-CEO of Viacom Philippe Dauman announced that Paramount opted to produce a television series based on one of their films. The show would allow Paramount to “get back, with very little investment, into the television production business.” [8] Hours later, Paramount chairman/CEO Brad Grey announced that the studio was co-producing a CBS television ...
Redstone has been hesitant to break up the company, with Paramount's studio business viewed as its most attractive asset amid a declining linear television ecosystem. "If Paramount would entertain ...
The Paramount Television Network, Inc. was a venture by American film corporation Paramount Pictures to organize a television network in the late 1940s. The company-built television stations KTLA in Los Angeles and WBKB in Chicago; it also invested $400,000 in the DuMont Television Network, which operated stations WABD in New York City, WTTG in Washington, D.C., and WDTV in Pittsburgh.
United Paramount Theaters was renamed ABC Theaters in 1965 and was sold to businessman Henry Plitt in 1977. The movie theater chain was renamed Plitt Theaters. In 1985, Cineplex Odeon Corporation merged with Plitt. In later years, Paramount's TV division would develop a strong relationship with ABC, providing many hit series to the network.
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 ...