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December 4, 2019. Resulting entity. ViacomCBS (now Paramount Global) 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 ...
Paramount Global (also known simply as Paramount) is an American multinational mass media and entertainment conglomerate controlled by National Amusements and headquartered at One Astor Plaza in Times Square, Midtown Manhattan. The company was formed on December 4, 2019, as ViacomCBS through the merger of the second incarnations of CBS ...
Sumner Murray Redstone (né Rothstein; May 27, 1923 – August 11, 2020) was an American billionaire businessman and media magnate.He was the founder and chairman of the second incarnation of Viacom, chairman of CBS Corporation (both companies merged in 2019, a year before Redstone's death), and the majority owner and chairman of the National Amusements theater chain.
The new-model Paramount is also pouring money into content at a rate that neither Viacom nor CBS Corp. was able to do on its own prior to the re-merger of the Redstone media empire in late 2019 ...
Paramount International Networks ( PIN) [ 1] is the international division of the Paramount Media Networks subsidiary of Paramount Global that oversees the production, broadcasting and promotion of its brands outside of the United States. These brands include Paramount Network, Comedy Central, MTV, Nickelodeon and BET, [ 2] as well as CBS ...
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The first of these services, CBSN New York, launched on December 13, 2018, with Los Angeles following in June 2019. [53] Eleven other markets launched, most recently CBS News Miami in January 2022. [54] CBS and Viacom then merged for the second time, forming ViacomCBS (now Paramount Global), on December 4, 2019. [55]
ViacomCBS announced a deal to sell L.A.’s CBS Studio Center to two investment firms for $1.85 billion, the latest in a series of real-estate divestitures for the company. The media conglomerate ...