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Robert Marc Bakish (/ ˈ b æ k ɪ ʃ / BACK-ish; [1] born December 14, 1963 [2]) is an American business executive.He became the president and CEO of Paramount Global on December 4, 2019, formerly holding the same position at Viacom before the merger with CBS Corporation.
Avid Technology, Inc. is a global technology company headquartered in Burlington, Massachusetts, and was founded in August 1987 by Bill Warner. [2] [3] It develops software, SaaS, and hardware products used in media and entertainment.
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.
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]
The new-model Paramount is also pouring money into content at a rate that neither Viacom nor CBS Corp. was able to do on its own prior to the re-merger of the Redstone media empire in late 2019 ...
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 ...
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.
In February 2011, Viacom purchased a 30% ownership stake in the Italian animation studio Rainbow S.p.A. for 62 million euros (US$83 million). [12] Since then, the studio has collaborated with ViacomCBS' other company, Nickelodeon, on multiple shows, including Winx Club and Club 57. [13] Paramount Global sold its 30% stake in the studio in 2023.