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Background. The second incarnation of Viacom was established on December 31, 2005, after the original incarnation was split into two companies: one which retained the original Viacom name, and another one which was the original Viacom and was reincorporated into CBS Corporation.

SHOW ALL QUESTIONS The second incarnation of Viacom Inc. ( / ˈvaɪəkɒm / VY-ə-kom or / ˈviːəkɒm / VEE-ə-kom; a portmanteau of Video & Audio Communications) was an American multinational mass media and entertainment conglomerate with interests primarily in film and television.

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.

Logo of the spun-off Viacom (2005–2019), introduced on December 31, 2005. The existing Viacom would become the second CBS Corporation as it was headed by Moonves and kept CBS, Simon & Schuster, and Paramount Network Television (now known as CBS Studios), among other assets; while MTV Networks, BET Networks, and Paramount Pictures would spin ...

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.

Culture. History. Resources. About. WE ARE A LEADING. GLOBAL MEDIA COMPANY. WHAT WE DO. Paramount delivers premium content to audiences across platforms worldwide. We connect with billions of people—through our studios, networks, streaming services, live events, merchandise, and more.