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2000 – CBS acquired by Viacom [8] 2005 – Viacom is split into two companies in January, with a new Viacom being spun off of the old Viacom company, and the old Viacom being renamed as CBS Corporation, thus reviving Westinghouse's last name prior to sale, and reversing the 2000 Viacom-CBS merger [52] [53]
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.
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 ...
The tension level in CBS and Viacom merger discussions has spiked dramatically during the past 48 hours as the sides stake out their positions on the valuation of Viacom and management plans for ...
Showbiz stocks firmed Thursday despite a sharp spike in unemployment claims last week and ahead of a speech where President-elect Joe Biden will unveil hefty new government spending to help the ...
The Westinghouse Electric and Manufacturing Company entered broadcasting with the November 2, 1920, sign-on of KDKA radio in Pittsburgh. [5] The oldest surviving licensed commercial radio station in the United States, KDKA was an outgrowth of experimental station 8XK, a 75-watt station that was located in the Pittsburgh suburb of Wilkinsburg, and founded in 1916 by Westinghouse assistant chief ...
ViacomCBS stock dropped nearly 9.1% Tuesday, as investors exited positions on news that the media conglomerate will sell up to $3.45 billion in stock as part of funding streaming content. The ...
Westinghouse Electrique France is located in Orsay and Manosque near Marseille (engineering development). As of 2014, about 400 employees are part of Westinghouse in France. Westinghouse owns a nuclear fuel fabrication plant at Västerås, Sweden which has provided nuclear fuel for Russian VVER-1000 nuclear reactors.