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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.
In 1987, Viacom was acquired by theater operator company National Amusements. Meanwhile, Paramount Pictures was acquired by Gulf and Western Industries in 1966, which then re-branded itself as Paramount Communications in 1989. Viacom then purchased Paramount Communications in 1994.
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...
Dec 4, 2019 · NEW YORK--(BUSINESS WIRE)--Dec. 4, 2019-- ViacomCBS Inc. (Nasdaq: VIACA, VIAC) (“ViacomCBS”) today announced the completion of the merger between CBS Corporation and Viacom Inc. The combined company, which is renamed ViacomCBS, creates a premium content powerhouse with global scale, including leadership positions in markets across the U.S ...
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
Feb 2, 2024 · Jan. 10, 2024. The Paramount saga has also raised questions about how one of entertainment’s oldest institutions — owner of coveted properties including “Star Trek,” “60 Minutes,” “Top Gun” and...
Feb 15, 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.
