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December 4, 2019
- The company was formed on December 4, 2019, as ViacomCBS through the merger of the second incarnations of CBS Corporation and Viacom (which were split from the original Viacom on December 31, 2005).
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On November 25, 2019, Viacom and CBS announced that the merger would close on December 4, and its shares began to trading on NASDAQ on December 5. The merger officially closed on December 4, 2019. Affected assets. CBS Television Studios – renamed to CBS Studios.
This division was renamed CBS Films in 1958, again renamed CBS Enterprises in January 1968, and finally renamed Viacom (an acronym of Video and Audio Communications) in 1970. In 1971, this syndication division was spun off amid new FCC rules forbidding television networks from owning syndication companies (these rules were eventually abolished ...
Following the December 4, 2019 merger of CBS and Viacom to create ViacomCBS, CBS Studios International and Viacom International Studios merged and rebranded to ViacomCBS Global Distribution Group. On February 16, 2022, ViacomCBS rebranded as Paramount Global , rebranding the division likewise to its current name and restoring the "Paramount ...
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.
May 18, 2023 · That name replaces the ViacomCBS International Studio (VIS) brand that the company had kept following the 2019 merger of Viacom and CBS. The operation is set to have a closer relationship...
5 days ago · CBS thus became a subsidiary of Viacom. However, in 2006 Viacom and CBS split into two distinct companies, though both remained under the control of National Amusements. Paramount Pictures continued to be part of Viacom. In 2019 CBS and Viacom once again merged and assumed the name ViacomCBS.
- The Editors of Encyclopaedia Britannica
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.
