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In 1952, CBS formed CBS Television Film Sales, a division which handled syndication rights for CBS's library of network-owned television series.This division was renamed CBS Films in 1958, again renamed CBS Enterprises in January 1968, and finally renamed Viacom (an acronym of Video and Audio Communications) in 1970. In 1971, this syndication division was spun off amid new FCC rules forbidding ...
13 Αυγ 2019 · It’s been nearly 20 years since Viacom and CBS first announced their intent to merge, in a $35 billion deal that was billed at the time as the biggest ever in showbiz.
Viacom was split into the second incarnations of CBS Corporation and Viacom — both remained under National Amusements ownership — in 2005; [4] the split was structured with the second CBS Corporation being the original Viacom's legal successor, and the second Viacom being an entirely new company.
19 Αυγ 2019 · Viacom, through Paramount, owns the rights to the Star Trek film franchise, which has been held apart from the TV show for years because of corporate jockeying; the two can now coexist again.
26 Νοε 2019 · The Federal Communications Commission forced CBS in 1970 to spin off the company that became Viacom after ruling that television networks couldn't have financial stakes in shows they aired.
26 Οκτ 2024 · In 1999 Viacom announced that it would acquire CBS Corporation; the merger was completed the following year. Viacom purchased Black Entertainment Television (BET) in 2001. However, a complicated split of Viacom and CBS took place in 2006, with Viacom retaining only MTV, BET, and Paramount Pictures.
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.