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National Amusements, Inc
- Viacom (now known as Paramount) is owned by National Amusements, Inc. which is an American privately owned theater company with a controlling stake in both Viacom and CBS Corporation. Sumner Redstone founded the company and still holds his position as Chairman Emeritus of both companies.
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Viacom (1952–2005)
Paramount Television
- Paramount Network Television
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Feb 16, 2022 · NEW YORK, Feb. 15, 2022 /PRNewswire/ -- ViacomCBS today announced that the global media company will become Paramount Global (referred to as " Paramount "), effective February 16, bringing together its leading portfolio of premium entertainment properties under a new parent company name.
In 1987, Viacom was acquired by theater operator company National Amusements. [14] Meanwhile, Paramount Pictures was acquired by Gulf and Western Industries in 1966, which then re-branded itself as Paramount Communications in 1989. [15] . Viacom then purchased Paramount Communications in 1994.
Feb 16, 2022 · Here's a brief history of Paramount, Viacom and CBS, as well as an explanation of exactly who owns who in 2022, as well as Paramount's own rationale for changing its name.
Aug 13, 2019 · Existing CBS shareholders will own 61% of the combined company, while existing Viacom shareholders will own about 39%. Viacom shareholders will receive .59625 shares of CBS stock for every...
- meg.james@latimes.com
- Senior Entertainment Writer
Aug 13, 2019 · By Claire Atkinson. After three years of negotiations, CBS and Viacom are coming together to form a $30 billion company, controlled by Shari Redstone and cementing her status as possibly the most...
Feb 16, 2022 · By Jon Lafayette. ( Broadcasting & Cable ) last updated 16 February 2022. Re-brand comes two years after merger of Viacom with CBS. ViacomCBS is changing its name to Paramount, the name of its legendary studio and the streaming service the company is betting its future on. The new name was announced Tuesday during the company’s event for analysts.
Aug 13, 2019 · NEW YORK -- (BUSINESS WIRE)--Aug. 13, 2019-- CBS Corp. (NYSE: CBS.A, CBS) and Viacom (NASDAQ: VIA, VIAB), two of the world’s leading entertainment companies, today announced they have entered into a definitive agreement to combine in an all-stock merger, creating a combined company with more than $28 billion in revenue.
