In March 2005, the first Viacom announced plans of exploring the option of splitting the company into two publicly traded companies because of a stagnating stock price  and the rivalry between Les Moonves and Tom Freston, longtime heads of CBS and MTV Networks, respectively.
2005 2006–2019 On December 31, 2005, the first iteration of Viacom (launched in 1971) was broken up into two companies, both under National Amusements: the second iterations of Viacom and CBS Corporation, a move which was completed on January 3, 2006.
2005-2019. On New Year's Eve 2005 (December 31st), the first Viacom split into two companies: the second Viacom and CBS Corporation. The split was conducted with the first Viacom spun off its cable networks and its film subsidiary Paramount Pictures to the other company and renaming itself as CBS Corporation. The second merger between Viacom ...
The 2nd incarnation of Viacom Inc. was a mass multimedia conglomerate that emerged in 2005 and ended in 2019. This version of Viacom is a spin-off of the original. The separation of the original Viacom in December 2005 caused the company to split into two entities: Viacom and CBS Corporation both of which are owned by National Amusements.
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The second merger between Viacom and CBS Corporation, creating the combined company ViacomCBS (now Paramount Global), was announced on August 13, 2019; the merger was completed on December 4, 2019. Community content is available under CC-BY-SA unless otherwise noted.
The second Viacom operated Viacom Media Networks, through which it controlled approximately 170 networks and reached approximately 700 million subscribers in approximately 160 countries. Viacom's studio assets included Paramount Pictures, MTV Films, and Nickelodeon Animation Studio, as well as a 30% ownership stake in the Rainbow S.p.A. animation studio. CBS Corporation retained the over-the ...
Viacom (1952–2006) Gulf+Western Paramount Communications Warner-Amex Satellite Entertainment Founded December 31, 2005; 14 years ago Founder (s) Sumner Redstone Headquarters One Astor Plaza, Manhattan, New York City, New York, U.S. Area served Worldwide Key people Sumner Redstone (chairman emeritus) Thomas J. May (chairman)
Logo of ViacomCBS (2020–2022), introduced on December 4, 2019 On August 13, 2019, CBS and Viacom officially announced their re-merger deal; the combined company would be called ViacomCBS, with Bob Bakish as president and CEO and Shari Redstone as the chairwoman of the new company.    On December 4, 2019, the deal was completed.