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In 1951, Paramount bought a stake in International Telemeter, an experimental pay TV service which operated with a coin inserted into a box. The service began operating in Palm Springs, California on November 27, 1953, but due to pressure from the FCC, the service ended on May 15, 1954.
Gulf and Western Industries, Inc. (stylized as Gulf+Western) was an American conglomerate. The company originally focused on manufacturing and resource extraction, but it began purchasing a number of entertainment companies beginning in 1966 and continuing through the 1970s. Most notable among the acquisitions were film studio Paramount ...
Paramount Global (also known simply as Paramount) is an American multinational mass media and entertainment conglomerate controlled by National Amusements and headquartered at One Astor Plaza in Times Square, Midtown Manhattan. The company was formed on December 4, 2019, as ViacomCBS through the merger of the second incarnations of CBS ...
In addition, Paramount will add $1.5 billion in primary capital to its balance sheet. The second phase will see an all-stock merger between Skydance Media and Paramount, valued at $4.75 billion. Equity holders in Skydance will get 317 million Class B shares, with a market value of $15 per share.
Charles Bluhdorn. Charles George Bluhdorn (born Karl Georg Blühdorn; September 20, 1926 – February 19, 1983) was an Austrian-born American industrialist. He built his fortune in auto parts and commodities such as zinc, and following a 1966 acquisition became CEO, chairman and president of the Hollywood movie studio Paramount Pictures.
RTL CBS Extreme – renamed Blue Ant Extreme. Orion Pictures - other stake acquired by Viacom in 1986, subsequently it sold to Metromedia in 1987; currently owned by Amazon (through Amazon MGM Studios). Rainbow S.p.A. – 30% stake purchased by Viacom in 2011 re-acquired by Iginio Straffi in 2023. Gruppo Iven S.p.A.
Acquirer Target company Date of sale Price of sale References Young Broadcasting: KCAL-TV: May 14, 1996 385,000,000 [42]Rural Press: Farm Progress: July 1, 1997
Paramount+ (formerly CBS All Access until 2021) is an American subscription video on-demand over-the-top streaming service owned by Paramount Global.The service's content is drawn primarily from the libraries of CBS Media Ventures, CBS Studios, Paramount Media Networks (formerly Viacom Media Networks and ViacomCBS Domestic Media Networks), and Paramount Pictures, while also including original ...