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2005
- Viacom was split into the second incarnations of CBS Corporation and Viacom — both remained under National Amusements ownership — in 2005; the split was structured with the second CBS Corporation being the original Viacom's legal successor, and the second Viacom being an entirely new company.
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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.
- December 31, 2005; 17 years ago
- Public
Aug 13, 2019 · Aug. 13, 2019, 11:12 AM PDT. 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 ...
Dec 4, 2019 · Dec. 4, 2019 5 AM PT. Long known as the squabbling siblings of media, CBS Corp. and Viacom Inc. are poised to finally reunite after 13 years apart. The much-anticipated corporate union, which...
- meg.james@latimes.com
- Senior Entertainment Writer
Dec 4, 2019 · December 04, 2019 04:35 PM Eastern Standard Time. NEW YORK-- ( BUSINESS WIRE )--ViacomCBS Inc. (Nasdaq: VIACA, VIAC) (“ViacomCBS”) today announced the completion of the merger between CBS...
Aug 12, 2019 · On Tuesday, the media companies CBS and Viacom finally announced that they are merging. It’s the move their owner Shari Redstone has been trying to make for years.
The split was approved by Viacom's board on June 14, 2005, [46] and took effect on December 31. [4] The second iterations of CBS Corporation and Viacom began trading on January 3, 2006. [47] Logo of ViacomCBS (2019–2022), introduced on December 4, 2019.
Nov 26, 2019 · Now that CBS's merger with its long-lost corporate sibling Viacom is slated to close December 4, it seemed as good a time as any to review the screwy history of this deal and look at the...
