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Viacom (1952–2005) The original incarnation of Viacom Inc. [a] (derived from "Video & Audio Communications") was an American mass media and entertainment conglomerate based in New York City. It began as CBS Television Film Sales, the broadcast syndication division of the CBS television network in 1952; it was renamed CBS Films in 1958 ...
Viacom (2005–2019) The second incarnation of Viacom Inc. ( / ˈvaɪəkɒm / VY-ə-kom or / ˈviːəkɒm / VEE-ə-kom; a portmanteau of Video & Audio Communications), 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 ...
- December 31, 2005; 17 years ago
- Public
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Mar 28, 2024 · New York City. Viacom, American communications and media conglomerate that was once one of the largest in the United States. It owned radio and television stations and cable television programming services and systems. The company underwent various mergers, notably forming ViacomCBS (later Paramount Global) with CBS Corporation in 2019.
The first incarnation of Viacom was created in 1952 as the television syndication division of CBS; it was spun off in 1971. In 1999, Viacom acquired its former parent, then named CBS Corporation (formerly Westinghouse Electric). On December 31, 2005, the first Viacom was spun off into two entities, the second incarnations of CBS Corporation and ...
- US$15.4 billion
- CBS Corporation
- Merger
- Viacom
1971: Formally made a separate company, Viacom becomes one of the largest cable firms in the United States. 1973: Fragmentation in the cable industry inhibits growth. 1976: Company establishes Showtime movie network to compete with Home Box Office (HBO). 1981: Company invests $65 million in cable infrastructure.
The original incarnation of Viacom Inc. was an American mass media and entertainment conglomerate based in New York City. It began as CBS Television Film Sales, the broadcast syndication division of the CBS television network in 1952; it was renamed CBS Films in 1958, renamed CBS Enterprises in 1968, renamed Viacom in 1970, and spun off into its own company in 1971. Viacom was a distributor of ...
Aug 19, 2019 · Viacom (originally named CBS Films) was created as a syndication company by CBS in 1952 and spun off in 1971 because of a now-defunct law barring networks from owning syndicators. It grew so large ...
