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Early years. In March 2005, the first Viacom announced plans of exploring the option of splitting the company into two publicly traded companies because of a stagnating stock price [14] and the rivalry between Les Moonves and Tom Freston, longtime heads of CBS and MTV Networks, respectively.
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.
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 operations of many of its television channels and online...
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.
Background. 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.
Viacom (2005-2019) The 2nd incarnation of Viacom Inc. was a mass multimedia conglomerate that emerged in 2005 and ended in 2019. This version of Viacom is a spin-off of the original. The separation of the original Viacom in December 2005 caused the company to split into two entities: Viacom and CBS Corporation both of which are owned by ...
Dec 4, 2019 · Dec 4, 2019 1:36pm PT. CBS and Viacom Complete Merger: ‘It’s Been a Long and Winding Road to Get Here’. By Cynthia Littleton. Andy Kropa/Invision/AP/Shutterstock/Matt Baron/ CBS Corp. and...
