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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 ...
The complaint stated that over 150,000 unauthorized clips of Viacom's programming, including episodes of many popular television shows, had been made available on YouTube, and that these clips had collectively been viewed 1.5 billion times. [6] Viacom claimed that YouTube had infringed on its copyrights by performing (via Internet transmission ...
[48] [49] As part of the re-merger deal, CBS acquired Viacom for up to $15.4 billion. [50] On August 13, 2019, CBS and Viacom agreed to merge into a new entity known as ViacomCBS (now Paramount Global), with Viacom CEO Bob Bakish as president and CEO of the new company and CBS CEO Ianniello as chairman and CEO of CBS and oversee CBS-branded ...
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 ...
Philippe Pierre Dauman [3] (born March 1, 1954) is an American businessman who served as president, CEO and chairman of Viacom from September 2006 until May 20, 2016. Dauman was a longtime associate of the company's chairman Sumner Redstone. Dauman served from 1994 to 2000 as a member of Viacom's executive committee and as executive vice ...
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 ...
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.
It acquired CNET in 2020 from Viacom CBS. That acquisition was the last in a series of purchases, including Lonely Planet, Bankrate and Allconnect, over a four-year period ending in 2020. The ...