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The second Viacom was the world's ninth-largest media company in terms of revenue and headquartered at One Astor Plaza in Midtown Manhattan, New York City . Viacom would announce its second merger with CBS Corporation on August 13, 2019.
- December 31, 2005; 17 years ago
- Public
The second Viacom was the world's ninth-largest media company in terms of revenue and headquartered at One Astor Plaza in Midtown Manhattan, New York City. Viacom would announce its second merger with CBS Corporation on August 13, 2019.
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.
- US$15.4 billion
- CBS Corporation
- Merger
- Viacom
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The company was formed on December 4, 2019, as ViacomCBS Inc. through the merger of the second incarnations of CBS Corporation and Viacom (which were split from the original Viacom on December 31, 2005). The company took its current name on February 16, 2022, the day after its Q4 earnings presentation.
- ViacomCBS Inc. (2019–2022)
- Paramount
- December 4, 2019; 3 years ago
- Public
Mar 23, 2024 · This article is about the 2005-2019 incarnation of Viacom. For the original incarnation, see Viacom Productions. For other uses, see Viacom (disambiguation).
Nov 26, 2019 · The all-stock deal is structured as an acquisition of Viacom by CBS. After closing, CBS shareholders will own approximately 61 percent of the new company, and owners of Viacom will hold about 39 ...
Aug 13, 2019 · Popular on Variety. The Viacom acquisition came nearly five years after Westinghouse paid $5.4 billion for CBS in 1995. In acquiring CBS, Redstone touted the ability to advertise and...
