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Split Of CBS Corporation And Viacom
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 Broadcasting Corporation, Viacom Outdoor, and Paramount Television, and an entirely new Viacom which held Paramount Pictures, Nickelodeon, Nick Jr., Noggin, Nicktoons, TEENick, Music Television, Black Entertainment Television, Video Hits One, Country Music Television, and later DreamWorks, respectively. It was first announced in March 2005. The companies were controlled under National Amusements' control because of a stagnating stock price. They would later re-merge into ViacomCBS, later Paramount Global. Background In 1952, CBS formed CBS Television Film Sales, a division which ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Viacom (1990) Logo
Viacom, an abbreviation of Video and Audio Communications, may refer to: * Viacom (1952–2005), a former American media conglomerate * Viacom (2005–2019), a former company spun off from the original Viacom * Viacom18, a joint venture between Paramount Global and TV18 in India until 2024 ** Viacom18 Studios, the film subsidiary of Viacom18 See also * CBS (other) * Paramount (other) * Paramount Global Paramount Global (Trade name, d/b/a Paramount) is an American multinational mass media and entertainment Conglomerate (company), conglomerate controlled by National Amusements and Headquarters, headquartered at One Astor Plaza in Times Square, ..., an American media conglomerate known as ViacomCBS until 2022 {{Disambiguation Paramount Global ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Viacom (2005–2019)
The second incarnation of Viacom Inc. ( or ; a portmanteau of Video & Audio Communications) was an American multinational mass media and entertainment conglomerate with interests primarily in film and television. It was split from the original Viacom on December 31, 2005 alongside the second incarnation of CBS Corporation. The controlling shareholder of both companies was National Amusements, a theater company headed by businessman Sumner Redstone. The split was structured so that the original Viacom changed its name to CBS Corporation and spun out its cable and film interests as a new Viacom. The second Viacom operated Viacom Media Networks, through which it controlled approximately 170 networks and reached approximately 700 million subscribers in approximately 160 countries. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Spin-off
A corporate spin-off, also known as a spin-out, starburst or hive-off, is a type of corporate action where a company "splits off" a section as a separate business or creates a second incarnation, even if the first is still active. It is distinct from a sell-off, where a company sells a section to another company or firm in exchange for cash or securities. Characteristics Spin-offs are divisions of companies or organizations that then become independent businesses with assets, employees, intellectual property, technology, or existing products that are taken from the parent company. Shareholders of the parent company receive equivalent shares in the new company in order to compensate for the loss of equity in the original Capital stock, stocks. However, shareholders may then buy and sell stocks from either company independently; this potentially makes investment in the companies more attractive, as potential share purchasers can invest narrowly in the portion of the business they t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Viacom (1952–2006)
Viacom, an abbreviation of Video and Audio Communications, may refer to: * Viacom (1952–2005), a former American media conglomerate * Viacom (2005–2019), a former company spun off from the original Viacom * Viacom18, a joint venture between Paramount Global and TV18 in India until 2024 ** Viacom18 Studios, the film subsidiary of Viacom18 See also * CBS (other) * Paramount (other) * Paramount Global Paramount Global (Trade name, d/b/a Paramount) is an American multinational mass media and entertainment Conglomerate (company), conglomerate controlled by National Amusements and Headquarters, headquartered at One Astor Plaza in Times Square, ..., an American media conglomerate known as ViacomCBS until 2022 {{Disambiguation Paramount Global ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paramount Global
Paramount Global (Trade name, d/b/a Paramount) is an American multinational mass media and entertainment Conglomerate (company), conglomerate controlled by National Amusements and Headquarters, headquartered at One Astor Plaza in Times Square, Midtown Manhattan. The company was formed on December 4, 2019, as ViacomCBS through the 2019 merger of CBS and Viacom, merger of the second incarnations of CBS Corporation and Viacom (2005–2019), Viacom (which were split from the Viacom (1952–2005), original Viacom on December 31, 2005). The company took its current name on February 16, 2022. Paramount's main properties include the namesake Paramount Pictures Corporation, the List of assets owned by Paramount Global#CBS Entertainment, CBS Entertainment Group (consisting of the CBS and partially owned The CW television networks and CBS News and Stations, television stations, BET Media Group (which oversees BET and its sister channels), and other CBS-branded assets), Paramount Media Net ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2019 Merger Of CBS And Viacom
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. Both companies were owned by the theater company National Amusements, which remains the owner of the merged entity. Background The first incarnation of Viacom was created in 1952 as the television syndication division of CBS; it was spun off in 1971. In 1999, Viacom acquired its former parent, then named CBS Corporation (formerly Westinghouse Electric). On December 31, 2005, the first Viacom was spun off into two entities, the second incarnations of CBS Corporation and Viacom. History Early discussions of a merger (September 2016–September 2018) Efforts to re-merge the two conglomerates began on September 29, 2016, when National Amuse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Amusements
National Amusements, Inc. is an American privately owned movie theater operator and mass media holding company incorporated in Maryland and based in Norwood, Massachusetts. The company owned 69 theaters and 667 screens throughout the United States, the United Kingdom, and Latin America under several brands, such as Showcase Cinemas, Multiplex Cinemas, and Cinema de Lux. It was the controlling shareholder of Paramount Global. National Amusements was founded by Michael Redstone, and later passed to his son Sumner Redstone. After his 2020 death, the company was passed to a trust led by his daughter Shari Redstone. After nearly 90 years of control by the Redstone family, in July 2024, David Ellison's Skydance Media announced its intent to acquire National Amusements and perform a three-way merger between it, Skydance Media and Paramount Global to form "Paramount Skydance Corporation." History The company was founded by Michael Redstone in 1936 in the Boston suburb of Dedh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
DreamWorks Pictures
DreamWorks Pictures (also known as DreamWorks SKG and commonly referred to as DreamWorks) is an American film studio and Film distribution, distribution label of Amblin Partners. It was originally founded on October 12, 1994, as a live-action and animation film studio by Steven Spielberg, Jeffrey Katzenberg, and David Geffen (which together form the SKG of DreamWorks SKG), of which they owned 72%. The studio formerly distributed its own and third-party films. It has produced or distributed more than ten films with box-office grosses of more than $100 million each. DreamWorks Pictures was sold to Viacom (1952–2006), Viacom, parent of Paramount Pictures in February 2006 (this version is now named DW Studios). In 2008, DreamWorks announced its intention to end its partnership with Paramount and made a deal to produce films with India's Reliance Anil Dhirubhai Ambani Group, re-creating DreamWorks Pictures as an independent entity. The following year, DreamWorks entered into a dist ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CMT (American TV Channel)
Country Music Television, often abbreviated to CMT, is an American pay TV network that launched on March 5, 1983. It is currently owned by Paramount Global through the MTV Entertainment Group unit of its networks division. CMT was the first nationally available channel devoted to country music and country music videos, with its programming also including concerts, specials, and biographies of country music stars. Over time, the network's programming expanded to incorporate original lifestyle and reality programming, and acquired sitcoms. , CMT is available to approximately 56,000,000 pay television households in the United States; down from its 2011 peak of 93,000,000 households. The channel's headquarters are located in One Astor Plaza in New York City, and has additional offices in Nashville, Tennessee. History Early years (1983–1997) CMTV, an initialism for Country Music Television, was founded by Glenn D. Daniels, the owner of Video World Productions in Henderson ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TEENick
TEENick was an American programming block aimed at adolescents between the ages of 13 and 18 that aired on the American children's cable network, Nickelodeon. It launched on March 4, 2001, and initially aired on Sunday nights from 6-9 p.m. ET/PT before expanding to Saturday nights from 8-10 p.m. ET/PT in 2005, replacing the ''SNICK'' block that had been broadcast on the channel since 1992. It was originally hosted by Nick Cannon, and then later hosted by Jason Everhart (aka "J Boogie"). On February 1, 2009, the TEENick block was silently closed following a decision to use the Nickelodeon name to brand all of the channel's daytime programming. The similarly-named TeenNick channel launched on September 28 of that year. The channel's name was originally spelled as "TEENick" like its predecessor when it was first announced in early 2009, and the block's original host, Nick Cannon, was named the network's "chairman." History TEENick was announced on February 13, 2001 by Cyma Zar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nicktoons (American TV Channel)
Nicktoons (formerly Nicktoons TV and Nicktoons Network, currently on air as NickSpongeBob) is an American pay television television channel, channel and sister service to Nickelodeon. It was launched in 2002, and is named after Nicktoons, which is the brand used for Nick’s original animated programming. Both Nicktoons and Nickelodeon are owned by the Paramount Media Networks division of Paramount Global through the Nickelodeon Group. The channel is geared towards children aged 7 to 11. , Nicktoons is available to approximately 43,000,000 pay television households in the United States, down from its 2013 peak of 69,000,000 households. History Nicktoons was launched as a standalone channel on May 1, 2002, as Nicktoons TV, part of the digital cable-exclusive MTV Digital Suite, in order to entice cable operators to pick up the network and give them a marketing advantage over satellite services. However, by early 2004, Nickelodeon management changed course and offered it to D ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Noggin (brand)
Noggin is an American edutainment brand that was first introduced on February 2, 1999. Co-founded by MTV Networks (now Paramount Media Networks; owners of Nickelodeon) and Sesame Workshop, it started out as a cable television channel (which was later discontinued on September 28, 2009) and a website, both centered around the concepts of imagination, creativity, and education. From 2015 to 2024, Noggin was a over-the-top media service, streaming service aimed at preschoolers. In Noggin's first three years, it was mainly aimed at pre-teens and teenagers. One of Noggin's goals was to disprove the idea "that educational programming is not entertaining enough to attract pre-teens and young adults." It only aired preschool shows in the morning and devoted the rest of its schedule to tween and teen shows. In April 2002, Noggin extended its preschool block to last for 12 hours, airing from 6 a.m. to 6 p.m. daily, and the teen block ran from 6 p.m. to 6 a.m. The teen block was given a new ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
