Paramount Media Networks
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Paramount Media Networks
Paramount Media Networks (founded as MTV Networks in 1984 and known under this name until 2011; thereafter known as Viacom Media Networks until 2019; then known as ViacomCBS Domestic Media Networks until 2022) is an American mass media division of Paramount Global that oversees the operations of many of its television channels and online brands. Its related international division is Paramount International Networks. The division's original namesake, MTV, is managed through a subsidiary called Paramount Media Networks#MTV Entertainment Group, MTV Entertainment Group. History Pre-launch: Warner Communications joint venture (1977–1984) Warner Cable Communications was formed on December 1, 1977, by Time Warner Cable, Warner Cable, itself a division of WarnerMedia, Warner Communications, to launch QUBE, an interactive cable television network. Seeing the potential in the creation of new cable networks, Warner Cable divested QUBE's biggest brands, Star Channel, Pinwheel and S ...
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Division (business)
A division, sometimes called a business sector or business unit (segment), is one of the parts into which a business, organization or company is divided. Overview Divisions are distinct parts of a business. If these divisions are all part of the same company, then that company is legally responsible for all of the obligations and debts of the divisions. In the banking industry, an example would be East West Bancorp and its primary subsidiary, East West Bank. Legal responsibility Subsidiaries are separate, distinct legal entities for the purposes of tax A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or n ...ation, regulation and Legal liability, liability. For this reason, they differ from divisions, which are businesses fully integrated within the main company, and not legally ...
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Paramount Network
Paramount Network is an American basic cable television channel owned by the MTV Entertainment Group unit of Paramount Media Networks. The network's headquarters are located at the Paramount Pictures studio lot in Los Angeles. The channel was originally founded by a partnership between radio station WSM (AM), WSM and Westinghouse Broadcasting as The Nashville Network (TNN) and began broadcasting on March 7, 1983. It initially featured programming catering towards the culture of the Southern United States, including country music, variety shows, outdoors programming, and motor racing coverage (such as NASCAR). TNN was purchased by the Gaylord Entertainment Company in 1983. After Gaylord bought Country Music Television, CMT in 1991, TNN's music programming was shifted to CMT, leaving TNN to focus on entertainment and lifestyle programming. In 1995, TNN and CMT were acquired by Westinghouse, which was in turn acquired by Viacom (1952–2006), Viacom in 1999. Under Viacom ownership, ...
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MTV Networks Logo
MTV (Originally an initialism of Music Television) is an American cable channel that launched on August 1, 1981. Based in New York City, it serves as the flagship property of the MTV Entertainment Group, part of Paramount Media Networks, a division of Paramount Global. The channel originally aired music videos and related programming as guided by television personalities known as VJ (media personality), video jockeys, or VJs. In the years since its inception, it significantly toned down its focus on music in favor of original reality programming for teenagers and young adults. Since early 2020, MTV has devoted most of its programming schedule to a single program, ''Ridiculousness (TV series), Ridiculousness'', which in June 2020 aired "for 113 hours out of the network’s entire 168-hour lineup". MTV has spawned numerous List of MTV channels, sister channels in the United States and affiliated channels internationally, some of which have since gone independent. Approximately ...
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