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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 1987, Viacom was acquired by theater operator company National Amusements. [16] Meanwhile, Paramount Pictures was acquired by Gulf and Western Industries in 1966, which then re-branded itself as Paramount Communications in 1989. [17] Viacom then purchased Paramount Communications in 1994.
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.
9 Ιουλ 2024 · Learn how Viacom, a giant in the entertainment industry, is owned by National Amusements, Inc., a privately held theater company. Discover how Viacom grew through strategic acquisitions, mergers, and splits, and how institutional investors also play a role in its ownership.
4 ημέρες πριν · Paramount Global is a media and entertainment conglomerate formed in 2019 by the merger of Viacom and CBS. It is a subsidiary of National Amusements and owns film and TV studios, streaming services, and cable channels.
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.
15 Φεβ 2022 · Shari Redstone teamed up with her father six years ago to thwart an attempt by former Viacom Chief Executive Philippe Dauman to sell a 49% stake in the Paramount movie studio to Chinese investors.