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It was the world's eighth largest entertainment company in terms of revenue and headquartered at the CBS Building in Midtown Manhattan, New York City. [4] CBS Corporation announced on August 13, 2019, that it would merge with Viacom for the second time to form ViacomCBS (now known as Paramount Global ). [5]
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CBS Corporation, formerly (1928–74) Columbia Broadcasting System and (1974–97) CBS Inc., major American mass-media company that operates the CBS national television network and that includes the Simon & Schuster publishing groups and the Showtime cable network, among other holdings. The company was incorporated in 1927 as United Independent ...
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CBS Mornings Deals: Get a weather alert radio for 31% off
CBS News on MSN.com9 hours agoThe Sidekick is a rechargeable weather alert radio that features solar-powered charging and...
Rupert Murdoch stepping down as chairman of News Corp. and Fox
CBS News on MSN.com2 days agoRupert Murdoch, longtime chairman of News Corp. and Fox, will become its emeritus chairman, the...
CBS Broadcasting Inc., commonly shortened to CBS (the abbreviation of its former legal name Columbia Broadcasting System ), is an American commercial broadcast television and radio network, serving as the flagship property of the CBS Entertainment Group division of Paramount Global .
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.
On May 30, 2019, CNBC reported that CBS Corporation and Viacom would explore merger discussions in mid-June 2019. CBS's board of directors was revamped with people who were open to merging; the re-merger was made possible with the resignation of Moonves, who had opposed all merger attempts.
CBS Corp. operates as a mass media company, which creates and distributes content across a variety of platforms to audiences around the world. It operates its business through following segments ...
ViacomCBS announced Tuesday that the company will become known as Paramount. "Effective February 16, we'll be bringing together our leading portfolio of premium entertainment properties under a ...
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