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Redstone family
- The Redstone family, through its Massachusetts-based investment vehicle, National Amusements Inc., controls nearly 80% of the voting shares of the two companies. The family firm already has approved the all-stock transaction. Existing CBS shareholders will own 61% of the combined company, while existing Viacom shareholders will own about 39%.
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Feb 16, 2022 · The company announced a name change at a recent investor's call, leading many to wonder about who owns who between Viacom, CBS and Paramount.
CBS Entertainment Group consists of CBS-branded assets including the CBS television network, CBS News and Stations, CBS Sports, CBS Studios, CBS Media Ventures, and Big Ticket Television. It also has a 12.5% ownership stake in The CW Television Network .
- ViacomCBS Inc. (2019–2022)
- Paramount
- December 4, 2019; 3 years ago
- Public
Aug 13, 2019 · Viacom owns Paramount Pictures, a variety of cable TV channels including as MTV and Comedy Central, Channel Five TV in the U.K., and Argentina's Telefe TV network.
History. Pre-launch: Warner Communications joint venture (1977–1984) Launch as MTV Networks, Viacom gets full ownership (1984–2011) Expansion (2011–2019) Reintroduction and re-merger with CBS (2019–present) Channels list. Current channels. Former channels and blocks. Notes. Other properties. Internet. Gaming. Units. MTV Entertainment Group.
Feb 15, 2022 · Driven by iconic studios, networks and streaming services, its portfolio of consumer brands includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+, Pluto TV and Simon & Schuster, among others.
Dec 4, 2019 · Holders of CBS Class A shares and CBS Class B shares will continue to own their existing shares, which are now shares of ViacomCBS. ViacomCBS will have an attractive growth outlook, be positioned to deliver beneficial cost and revenue synergies and generate substantial free cash flow.
Aug 13, 2019 · After years of on-again, off-again merger talks, broadcast giant CBS Corp. and its corporate sibling Viacom Inc. on Tuesday finally agreed to reunite in a nearly $12-billion deal that will...
