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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 .

CBS Corporation, 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 Broadcasters, Inc.

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.

Viacom and CBS completed their $44 billion merger Thursday morning, creating a radio, television and film powerhouse to rival conglomerates Time Warner Inc. and Walt Disney Co.

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 Corp. is buying Viacom in an all-stock transaction that values Viacom at its current stock market capitalization of around $12 billion, the companies announced Tuesday. The market value of CBS ...

Updated on: February 16, 2022 / 7:50 AM EST / CBS News. ViacomCBS announced Tuesday that the company will become known as Paramount. "Effective February 16, we'll be bringing together our leading ...