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On August 13, 2019, CBS and Viacom officially announced their merger; CBS would purchase Viacom and change its name to ViacomCBS (now Paramount Global). Bakish would become president and CEO of ViacomCBS with Ianniello serving as chairman and CEO of CBS, where he would oversee the CBS-branded assets.
In 1999, Viacom made its biggest acquisition to date by announcing plans to merge with its former parent CBS Corporation (the renamed Westinghouse Electric Corporation, which had merged with CBS in 1995). The merger was completed in 2000, resulting in CBS reuniting with its former syndication division.
9 Ιουλ 2024 · National Amusements, Inc., owned by the Redstone family, is the primary driving force behind Viacom, holding the majority of voting shares and significantly influencing its strategic directions.
26 Οκτ 2024 · In 1987 Viacom became a wholly owned subsidiary of the National Amusements Inc. movie theatre chain. It continued to expand, acquiring more radio and television stations, adding cable channels and franchises, and producing films for Showtime and several popular television series for the networks.
16 Φεβ 2022 · Here's a brief history of Paramount, Viacom and CBS, as well as an explanation of exactly who owns who in 2022, as well as Paramount's own rationale for changing its name.
On December 31, 2005, the remnants of MTV Networks and Showtime Networks were separated following Viacom's split into two entities: CBS Corporation, which retained CBS, UPN, Simon & Schuster and Showtime Networks (Showtime, The Movie Channel, and Flix), and a spun-off company under the Viacom name, which took ownership of Paramount Pictures ...
4 ημέρες πριν · It was formed in 2019 through the merger of Viacom and CBS and is a subsidiary of National Amusements, Inc. Originally known as ViacomCBS, the company was renamed Paramount Global in 2022. Its primary holdings are in film and television (including streaming services).