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Viacom (2005–2019) The second incarnation of Viacom Inc. ( / ˈvaɪəkɒm / VY-ə-kom or / ˈviːəkɒm / VEE-ə-kom; a portmanteau of Video & Audio Communications), was an American multinational mass media and entertainment conglomerate with interests primarily in film and television. It was established on December 31, 2005, as one of two ...
- December 31, 2005; 17 years ago
- Public
The second incarnation of Viacom Inc., was an American multinational mass media and entertainment conglomerate with interests primarily in film and television. It was established on December 31, 2005, as one of two companies which succeeded the original Viacom, alongside the second 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 ...
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The second logo for ViacomCBS Domestic Media Networks. Paramount Media Networks [1] (founded as MTV Networks in 1984 [2] 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 ...
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.
- US$15.4 billion
- CBS Corporation
- Merger
- Viacom
The second incarnation of Viacom was established on December 31, 2005, after the original incarnation was split into two companies: one which retained the original Viacom name, and another one which was the original Viacom and was reincorporated into CBS Corporation. On December 4, 2019, Viacom and CBS remerged into ViacomCBS .
Dec 4, 2019 · ViacomCBS Class A and Class B shares will begin trading on the Nasdaq Global Select Market on December 5, 2019 under the ticker symbols “VIACA” and “VIAC”, respectively. As previously announced, as a result of the merger, each Viacom Class A share and Viacom Class B share converted into 0.59625 of a Class A share and Class B share of ViacomCBS, respectively.
Aug 13, 2019 · The Viacom acquisition came nearly five years after Westinghouse paid $5.4 billion for CBS in 1995. In acquiring CBS, Redstone touted the ability to advertise and cross-promote Paramount and ...
