Paramount Global
As of November 2018, CBS Corporation ranked 197th on the Fortune 500 list of the largest United States corporations by revenue. CBS Corp. sold Television City to Los Angeles real estate investment company Hackman Capital Partners for $750 million in a deal finalized in mid-December 2018.
CBS Corporation - Wikipedia
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As of November 2018, CBS Corporation ranked 197th on the Fortune 500 list of the largest United States corporations by revenue. CBS Corp. sold Television City to Los Angeles real estate investment company Hackman Capital Partners for $750 million in a deal finalized in mid-December 2018.
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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 ...
In 1974, CBS dropped its original full name and became known simply as CBS, Inc. The Westinghouse Electric Corporation acquired the network in 1994, renaming its legal name to the current CBS Broadcasting Inc. two years later, and in 1997 adopted the name of the company it had acquired to become CBS Corporation.
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.
Updated on: February 16, 2022 / 7:50 AM / CBS News. ViacomCBS announced Tuesday that the company will become known as Paramount. "Effective February 16, we'll be bringing together our leading ...
CBS. New York, New York. About CBS. CBS Corp. operates as a mass media company, which creates and distributes content across a variety of platforms to audiences around the world.
CBS Corporation. In 1990, Westinghouse experienced a financial catastrophe when the corporation lost over one billion dollars due to bad high-risk, high-fee, high-interest loans made by its Westinghouse Credit Corporation lending arm.
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 changed its name to Paramount Global on February 16, 2022, the day after its Q4 earnings presentation.
Viacom and CBS Corp. are again joining forces to bolster their positions in a rapidly changing industry that's pushing other media companies to bulk up. The two first merged in 1999 and broke ...