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ViacomCBS

ViacomCBS Inc. is an American diversified multinational mass media and entertainment conglomerate corporation formed through the merger of the second incarnation of CBS Corporation and the second incarnation of Viacom on December 4, 2019 (which were split from the original incarnation of Viacom in 2006) and headquartered at the One Astor Plaza complex in Midtown Manhattan, New York City, United States. The company operates over 170 networks and reaches approximately 700 million subscribers in approximately 180 countries, as of 2019.

ViacomCBS Inc.
ViacomCBS headquarters at One Astor Plaza in New York City
TypePublic
ISINUS92556H2067
IndustryMass media
Entertainment
Predecessors
FoundedDecember 4, 2019; 23 months ago (2019-12-04)
FounderShari Redstone
HeadquartersOne Astor Plaza,,
U.S.
Area served
Worldwide
Key people
RevenueUS$25.29 billion (2020)
US$4.14 billion (2020)
US$2.42 billion (2020)
Total assets US$52.66 billion (2020)
Total equity US$15.37 billion (2020)
Owners
Number of employees
22,109
Divisions
Subsidiaries
Websitewww.viacomcbs.com

The company's main properties include the Paramount Pictures film and television studio, the CBS Entertainment Group (consisting of the CBS television network, television stations, and other CBS-branded assets), domestic networks (consisting of U.S.-based cable television networks including but not limited to MTV, Nickelodeon, BET, Comedy Central, and Showtime), and the company's streaming services (including Paramount+ and Pluto TV). ViacomCBS also has a dedicated international division that manages international versions of its networks, as well as region-specific assets like Telefe in Argentina and a 30% stake in the Rainbow S.p.A. studio in Italy.

Contents

original Viacom logo
CBS Corporation logo
spun-off Viacom logo

In 1952, CBS formed CBS Television Film Sales, a division which handled syndication rights for CBS's library of network owned television series. This division was renamed CBS Films in 1958, and again renamed CBS Enterprises Inc. in January 1968, and finally renamed Viacom (an acronym of Video & Audio Communications) in 1970. In 1971, this syndication division was spun off amid new FCC rules forbidding television networks from owning syndication companies. (The rules were abolished completely in 1993.) In 1985, Viacom purchased MTV Networks & Showtime/The Movie Channel Inc. from Warner Communications and American Express. In 1986, Viacom was acquired by its present owner, theater operator company National Amusements. In 1994, Viacom acquired Paramount Communications. In 1999, Viacom made its biggest acquisition to date by announcing plans to merge with its former parent CBS Corporation (the renamed Westinghouse Electric Corporation, which had merged with CBS in 1995). The merger was completed in 2000, resulting in CBS reuniting with its former syndication division. On January 3, 2006, Viacom was split into two companies: CBS Corporation, the former's corporate successor and the spun-off Viacom company.

Further information: 2019 merger of CBS and Viacom

Formation

On September 29, 2016, National Amusements, the parent company of CBS Corporation and Viacom, wrote to Viacom and CBS encouraging the two companies to merge back into one company. On December 12, the deal was called off.

On January 12, 2018, CNBC reported that Viacom had re-entered talks to merge back into CBS Corporation, after the merger of AT&T-Time Warner and Disney's proposed acquisition of most of 21st Century Fox's assets were announced. Viacom and CBS also faced heavy competition from companies such as Netflix and Amazon. Shortly afterward, it was reported that the combined company could be a suitor for acquiring the film studio Lionsgate. Viacom and Lionsgate were both interested in acquiring The Weinstein Company. Following the Weinstein effect, Viacom was listed as one of 22 potential buyers that were interested in acquiring TWC. They lost the bid, and on March 1, 2018, it was announced that Maria Contreras-Sweet would acquire all of TWC's assets for $500 million. Lantern Capital would later acquire the studio.

On March 30, 2018, CBS made an all-stock offer slightly below Viacom's market value, insisting that its existing leadership, including long-time chairman and CEO Les Moonves, oversee the re-combined company. Viacom rejected the offer as too low, requesting a $2.8 billion increase and that Bob Bakish be maintained as president and COO under Moonves. These conflicts had resulted from Shari Redstone seeking more control over CBS and its leadership.

Eventually, on May 14, 2018, CBS Corporation sued its and Viacom's parent company National Amusements and accused Redstone of abusing her voting power in the company and forcing a merger that was not supported by it or Viacom. CBS also accused Redstone of discouraging Verizon Communications from acquiring it, which could have been beneficial to its shareholders.

On May 23, 2018, Les Moonves explained that he considered the Viacom channels to be an "albatross," and while he favored more content for CBS All Access, he believed that there were better deals for CBS than the Viacom deal, such as Metro-Goldwyn-Mayer, Lionsgate, or Sony Pictures. Moonves also considered Bakish a threat because he did not want an ally of Shari Redstone as a board member of the combined company.

On September 9, 2018, Les Moonves exited CBS following multiple accusations of sexual assault. National Amusements agreed to not propose a CBS-Viacom merger for at least two years after the date of the settlement.

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. The talks had started following rumors of CBS acquiring Starz from Lionsgate. Reports said that CBS and Viacom reportedly set August 8 as an informal deadline for reaching an agreement to recombine the two media companies. CBS announced to acquire Viacom as part of the re-merger deal for up to $15.4 billion.

On August 2, 2019, it was reported that CBS and Viacom agreed to merge back into one entity, with both companies agreeing on the management team for the merger. Bob Bakish would serve as CEO of the combined company with the president and acting CEO of CBS, Joseph Ianniello, overseeing CBS-branded assets. On August 7, 2019, CBS and Viacom separately reported their quarterly earnings as the talks about the re-merger continued.

Operations

On August 13, 2019, CBS and Viacom officially announced their merger; the combined company was to be named ViacomCBS, with Shari Redstone serving as chair. Upon the merger agreement, Viacom and CBS jointly announced that the transaction is expected to close by the end of 2019, pending regulatory and shareholder approvals. The merger required approval by the Federal Trade Commission.

On October 28, 2019, the merger was approved by National Amusements, which then announced the deal would close in early December; the recombined company trades its shares on Nasdaq under the symbols "VIAC" and "VIACA" after CBS Corporation delisted its shares on the New York Stock Exchange.

On November 25, 2019, Viacom and CBS announced the merger would close on December 4 and begin trading on NASDAQ on next day. On December 4, 2019, Bakish confirmed that the ViacomCBS merger had closed.

On December 10, 2019, days after the merger, Bakish announced that ViacomCBS would look to divest Black Rock, the building that held CBS's headquarters since 1964. He stated, "Black Rock is not an asset we need to own and we believe that money would be put to better use elsewhere." On December 20, 2019, ViacomCBS agreed to acquire a 49% minority stake in film studio Miramax from beIN Media Group for $379 million. As part of the purchase, Paramount Pictures reached a long-term deal for exclusive distribution rights to its library, and first-look agreements to co-develop new film and television projects based on Miramax-owned properties.

On March 2, 2020, executive vice president Dana McClintock announced that he would depart the company after 27 years in CBS Communications. On March 4, the company announced plans to potentially sell its Simon & Schuster publishing unit, with Bakish arguing that it lacked a "significant connection for our broader business.”

On June 19, 2020, Jaime Ondarza, formerly the senior vice president of Turner Broadcasting South Europe and Africa, became the new head of ViacomCBS Networks International for France, Spain, Italy, the Middle East, Greece, and Turkey.

On August 4, 2020, ViacomCBS announced that the company's connected video advertising platform, EyeQ, is set to launch in fall 2020.

On September 14, 2020, ViacomCBS announced an agreement to sell the CBSi owned CNET Media Group to Red Ventures for $500 million. The deal included the eponymous CNET tech site, as well as ZDNet, GameSpot, the TV Guide digital assets, Metacritic, and Chowhound. The deal closed on October 30, 2020.

On November 17, 2020, various news outlets had reported that companies such as Vivendi, Bertelsmann's Penguin Random House and News Corp's HarperCollins had considered acquiring Simon & Schuster for as much as $1.7 billion. ViacomCBS had expected the bids to be placed before November 26. On November 25, 2020, Penguin Random House agreed to purchase Simon & Schuster for $2.175 billion, pending regulatory approval. On August 16, 2021, ViacomCBS announced that they had agreed to sell the CBS Building to the real estate investment and management firm Harbor Group International for $760 million, leasing the space back under a short-term lease. On September 28, 2021, ViacomCBS announced that they had agreed to partner with software and data firm VideoAmp. On October 28, 2021, ViacomCBS announced that they had agreed to acquire a majority stake in the Spanish-language content producer TeleColombia & Estudios TeleMexico.

ViacomCBS International Inc.
FormerlyViacom International, Inc. (1971–2021)
TypeDivision
Founded1971; 50 years ago (1971)
Headquarters,
United States
ParentViacomCBS

ViacomCBS International Inc. (formerly known as Viacom International, Inc.) is the subsidiary responsible called for copyrights and trademarks associated with its corporate websites and cable networks, specifically its Domestic Media Networks division, and is the division which licenses the product rights for their various properties. Before 1986, Viacom International was the parent company of Viacom, and the old CBS television show catalogs. Before the merger with CBS Corporation in 1999, it also acted as the first Viacom's licensee company for Viacom's owned television stations; for instance, New Britain, Connecticut station WVIT, currently an NBC owned-and-operated station for the Hartford market owned by Viacom from 1978 until 1997, took their call letters from Viacom International. Since the second merger between Viacom and CBS in 2019, this subsidiary has been renamed in 2020.

History

Viacom International Inc. was founded in 1971, Viacom International renamed as CBS Operations, Inc. in 2006. second Viacom International Inc was founded in 2005. The company's line of business includes the dissemination of visual and textual television programs on a subscription or fee basis. Viacom International Inc. is a subsidiary of Viacom. It is the holding company for copyrights and trademarks associated with Viacom's corporate websites and its cable networks, specifically Viacom Media Networks, and is the division which licenses the product rights for their various properties. This subsidiary was also credited as Viacom International, Inc. before it was renamed in 2020 as ViacomCBS International, Inc. ever since the second merger between Viacom and CBS in 2019 began briefly.

Board of directors

Senior Management

  • Robert Bakish, President and chief executive officer of ViacomCBS
    • Raffaele Annecchino, ViacomCBS Networks International
    • Alex Berkett, Executive Vice President, Corporate Development and Strategy
    • George Cheeks, President and CEO, CBS and Chief Content Officer, News and Sports, Paramount+
    • Naveen Chopra, Executive Vice President, Chief Financial Officer
      • Anthony DiClemente, Executive Vice President, Investor Relations
      • Katherine Gill-Charest, Executive Vice President, Controller and Chief Accounting Officer
      • Richard M. Jones, Executive Vice President, General Tax Counsel and Chief Veteran Officer
      • Phil Wiser, Executive Vice President, Chief Technology Officer
    • Dan Cohen, President, ViacomCBS Global Distribution
    • Christa A. D'Alimonte, Executive Vice President, General Counsel and Secretary
    • Brian Robbins, chairman and CEO, Paramount Pictures; President and CEO, Nickelodeon Group and Chief Content Officer, Kids & Family, Paramount+
    • Bruce Gillmer, President, Music, Music Talent, Programming and Events, ViacomCBS Domestic Media Networks and Chief Content Officer, Music, Paramount+
    • Ray Hopkins, President, U.S. Networks Distribution
    • Pam Kaufman, President of ViacomCBS Consumer Products
    • DeDe Lea, Executive Vice President, Global Public Policy and Government Relations
    • Chris McCarthy, President and CEO, MTV Entertainment Group and Chief Content Officer, Unscripted Entertainment and Adult Animation, Paramount+
    • David Nevins, chairman and CEO, Showtime Networks and Chief Content Officer, Scripted Originals, Paramount+
    • Julia Phelps, Executive Vice President, Chief Communications and Corporate Marketing Officer
    • Nancy Phillips, Executive Vice President, Chief People Officer
    • Jo Ann Ross, President and Chief Advertising Revenue Officer, ViacomCBS Domestic Advertising Sales
    • Tom Ryan, President and CEO, ViacomCBS Streaming
    • Marva Smalls, Executive Vice President, Global Head of Inclusion, ViacomCBS and Executive Vice President, Public Affairs, Kids & Family Entertainment Brands, ViacomCBS Domestic Media Networks
    • Jose Tolosa, Executive Vice President, Chief Transformation Officer
For a more comprehensive list, see List of assets owned by ViacomCBS.

ViacomCBS comprises five major units:

Other assets owned by ViacomCBS include the Paramount Pictures film and television studio, book publisher Simon & Schuster, multi-genre online video conference VidCon, mixed martial arts promoter Bellator, and media and entertainment company Awesomeness. As of November 2019, Awesomeness is overseen by its co-founder Brian Robbins, an executive for ViacomCBS Domestic. The company also has an undisclosed stake in FuboTV, acquired in 2020.

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ViacomCBS
ViacomCBS Language Watch Edit ViacomCBS Inc is an American diversified multinational mass media and entertainment conglomerate corporation formed through the merger of the second incarnation of CBS Corporation and the second incarnation of Viacom on December 4 2019 4 which were split from the original incarnation of Viacom in 2006 and headquartered at the One Astor Plaza complex in Midtown Manhattan New York City United States The company operates over 170 networks and reaches approximately 700 million subscribers in approximately 180 countries as of 2019 5 ViacomCBS Inc ViacomCBS headquarters at One Astor Plaza in New York CityTypePublicTraded asNasdaq VIACA Class A Nasdaq VIAC Class B S amp P 500 component VIAC Russell 1000 componentsISINUS92556H2067IndustryMass media EntertainmentPredecessorsCBS Line Westinghouse Electric Corporation CBS Corporation 1997 2000 2006 2019 Viacom Line Viacom 1952 2006 2005 2019 Paramount Line Gulf and Western Industries Paramount CommunicationsFoundedDecember 4 2019 23 months ago 2019 12 04 FounderShari RedstoneHeadquartersOne Astor Plaza Manhattan New York City U S Area servedWorldwideKey peopleShari Redstone Chairwoman 1 Robert Bakish President and CEO RevenueUS 25 29 billion 2020 Operating incomeUS 4 14 billion 2020 Net incomeUS 2 42 billion 2020 Total assetsUS 52 66 billion 2020 Total equityUS 15 37 billion 2020 OwnersNational Amusements 80 voting power Shari Redstone 20 voting power 2 Number of employees22 109 3 DivisionsParamount Pictures CBS Entertainment Group ViacomCBS Domestic Media Networks ViacomCBS Networks International ViacomCBS Streaming ViacomCBS Global Distribution ViacomCBS Consumer ProductsSubsidiariesBellator MMA Simon amp Schuster VidCon Westinghouse LicensingWebsitewww wbr viacomcbs wbr com The company s main properties include the Paramount Pictures film and television studio the CBS Entertainment Group consisting of the CBS television network television stations and other CBS branded assets domestic networks consisting of U S based cable television networks including but not limited to MTV Nickelodeon BET Comedy Central and Showtime and the company s streaming services including Paramount and Pluto TV ViacomCBS also has a dedicated international division that manages international versions of its networks as well as region specific assets like Telefe in Argentina and a 30 stake in the Rainbow S p A studio in Italy 6 Contents 1 Background 2 History 2 1 Formation 2 2 Operations 3 ViacomCBS International Inc 3 1 History 4 Leadership 4 1 Board of directors 4 2 Senior Management 5 Company units 6 References 7 External linksBackground EditMain articles Viacom 1952 2006 CBS Corporation and Viacom 2005 2019 original Viacom logo CBS Corporation logo spun off Viacom logo In 1952 CBS formed CBS Television Film Sales a division which handled syndication rights for CBS s library of network owned television series This division was renamed CBS Films in 1958 and again renamed CBS Enterprises Inc in January 1968 and finally renamed Viacom an acronym of Video amp Audio Communications in 1970 In 1971 this syndication division was spun off amid new FCC rules forbidding television networks from owning syndication companies The rules were abolished completely in 1993 7 In 1985 Viacom purchased MTV Networks amp Showtime The Movie Channel Inc from Warner Communications and American Express 8 In 1986 Viacom was acquired by its present owner theater operator company National Amusements In 1994 Viacom acquired Paramount Communications In 1999 Viacom made its biggest acquisition to date by announcing plans to merge with its former parent CBS Corporation the renamed Westinghouse Electric Corporation which had merged with CBS in 1995 The merger was completed in 2000 resulting in CBS reuniting with its former syndication division On January 3 2006 Viacom was split into two companies CBS Corporation the former s corporate successor and the spun off Viacom company 9 History EditFurther information 2019 merger of CBS and Viacom Formation Edit On September 29 2016 National Amusements the parent company of CBS Corporation and Viacom wrote to Viacom and CBS encouraging the two companies to merge back into one company 10 On December 12 the deal was called off 11 On January 12 2018 CNBC reported that Viacom had re entered talks to merge back into CBS Corporation after the merger of AT amp T Time Warner and Disney s proposed acquisition of most of 21st Century Fox s assets were announced Viacom and CBS also faced heavy competition from companies such as Netflix and Amazon 12 Shortly afterward it was reported that the combined company could be a suitor for acquiring the film studio Lionsgate 13 Viacom and Lionsgate were both interested in acquiring The Weinstein Company 14 Following the Weinstein effect Viacom was listed as one of 22 potential buyers that were interested in acquiring TWC 14 They lost the bid and on March 1 2018 it was announced that Maria Contreras Sweet would acquire all of TWC s assets for 500 million 15 16 Lantern Capital would later acquire the studio On March 30 2018 CBS made an all stock offer slightly below Viacom s market value insisting that its existing leadership including long time chairman and CEO Les Moonves oversee the re combined company Viacom rejected the offer as too low requesting a 2 8 billion increase and that Bob Bakish be maintained as president and COO under Moonves These conflicts had resulted from Shari Redstone seeking more control over CBS and its leadership 17 18 Eventually on May 14 2018 CBS Corporation sued its and Viacom s parent company National Amusements and accused Redstone of abusing her voting power in the company and forcing a merger that was not supported by it or Viacom 19 20 CBS also accused Redstone of discouraging Verizon Communications from acquiring it which could have been beneficial to its shareholders 21 On May 23 2018 Les Moonves explained that he considered the Viacom channels to be an albatross and while he favored more content for CBS All Access he believed that there were better deals for CBS than the Viacom deal such as Metro Goldwyn Mayer Lionsgate or Sony Pictures Moonves also considered Bakish a threat because he did not want an ally of Shari Redstone as a board member of the combined company 22 On September 9 2018 Les Moonves exited CBS following multiple accusations of sexual assault National Amusements agreed to not propose a CBS Viacom merger for at least two years after the date of the settlement 23 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 The talks had started following rumors of CBS acquiring Starz from Lionsgate 24 Reports said that CBS and Viacom reportedly set August 8 as an informal deadline for reaching an agreement to recombine the two media companies 25 26 CBS announced to acquire Viacom as part of the re merger deal for up to 15 4 billion 27 On August 2 2019 it was reported that CBS and Viacom agreed to merge back into one entity with both companies agreeing on the management team for the merger Bob Bakish would serve as CEO of the combined company with the president and acting CEO of CBS Joseph Ianniello overseeing CBS branded assets 28 On August 7 2019 CBS and Viacom separately reported their quarterly earnings as the talks about the re merger continued 29 30 Operations Edit On August 13 2019 CBS and Viacom officially announced their merger the combined company was to be named ViacomCBS with Shari Redstone serving as chair 31 32 33 Upon the merger agreement Viacom and CBS jointly announced that the transaction is expected to close by the end of 2019 pending regulatory and shareholder approvals 33 The merger required approval by the Federal Trade Commission 33 On October 28 2019 the merger was approved by National Amusements which then announced the deal would close in early December the recombined company trades its shares on Nasdaq under the symbols VIAC and VIACA after CBS Corporation delisted its shares on the New York Stock Exchange 34 35 On November 25 2019 Viacom and CBS announced the merger would close on December 4 and begin trading on NASDAQ on next day 36 37 On December 4 2019 Bakish confirmed that the ViacomCBS merger had closed 38 On December 10 2019 days after the merger Bakish announced that ViacomCBS would look to divest Black Rock the building that held CBS s headquarters since 1964 He stated Black Rock is not an asset we need to own and we believe that money would be put to better use elsewhere 39 On December 20 2019 ViacomCBS agreed to acquire a 49 minority stake in film studio Miramax from beIN Media Group for 379 million As part of the purchase Paramount Pictures reached a long term deal for exclusive distribution rights to its library and first look agreements to co develop new film and television projects based on Miramax owned properties 40 On March 2 2020 executive vice president Dana McClintock announced that he would depart the company after 27 years in CBS Communications 41 On March 4 the company announced plans to potentially sell its Simon amp Schuster publishing unit with Bakish arguing that it lacked a significant connection for our broader business 42 On June 19 2020 Jaime Ondarza formerly the senior vice president of Turner Broadcasting South Europe and Africa became the new head of ViacomCBS Networks International for France Spain Italy the Middle East Greece and Turkey 43 On August 4 2020 ViacomCBS announced that the company s connected video advertising platform EyeQ is set to launch in fall 2020 44 On September 14 2020 ViacomCBS announced an agreement to sell the CBSi owned CNET Media Group to Red Ventures for 500 million The deal included the eponymous CNET tech site as well as ZDNet GameSpot the TV Guide digital assets Metacritic and Chowhound 45 46 The deal closed on October 30 2020 47 On November 17 2020 various news outlets had reported that companies such as Vivendi Bertelsmann s Penguin Random House and News Corp s HarperCollins had considered acquiring Simon amp Schuster for as much as 1 7 billion ViacomCBS had expected the bids to be placed before November 26 48 On November 25 2020 Penguin Random House agreed to purchase Simon amp Schuster for 2 175 billion pending regulatory approval 49 On August 16 2021 ViacomCBS announced that they had agreed to sell the CBS Building to the real estate investment and management firm Harbor Group International for 760 million leasing the space back under a short term lease 50 On September 28 2021 ViacomCBS announced that they had agreed to partner with software and data firm VideoAmp 51 On October 28 2021 ViacomCBS announced that they had agreed to acquire a majority stake in the Spanish language content producer TeleColombia amp Estudios TeleMexico 52 ViacomCBS International Inc EditViacomCBS International Inc FormerlyViacom International Inc 1971 2021 TypeDivisionFounded1971 50 years ago 1971 HeadquartersNew York City New York United StatesParentViacomCBS ViacomCBS International Inc formerly known as Viacom International Inc is the subsidiary responsible called for copyrights and trademarks associated with its corporate websites and cable networks specifically its Domestic Media Networks division and is the division which licenses the product rights for their various properties Before 1986 Viacom International was the parent company of Viacom and the old CBS television show catalogs Before the merger with CBS Corporation in 1999 it also acted as the first Viacom s licensee company for Viacom s owned television stations for instance New Britain Connecticut station WVIT currently an NBC owned and operated station for the Hartford market owned by Viacom from 1978 until 1997 took their call letters from Viacom International Since the second merger between Viacom and CBS in 2019 this subsidiary has been renamed in 2020 History Edit Viacom International Inc was founded in 1971 Viacom International renamed as CBS Operations Inc in 2006 second Viacom International Inc was founded in 2005 The company s line of business includes the dissemination of visual and textual television programs on a subscription or fee basis Viacom International Inc is a subsidiary of Viacom It is the holding company for copyrights and trademarks associated with Viacom s corporate websites and its cable networks specifically Viacom Media Networks and is the division which licenses the product rights for their various properties This subsidiary was also credited as Viacom International Inc before it was renamed in 2020 as ViacomCBS International Inc ever since the second merger between Viacom and CBS in 2019 began briefly Leadership EditBoard of directors Edit Shari Redstone Non Executive Chair Robert Bakish President and chief executive officer Candace Beinecke Barbara M Byrne Linda M Griego Robert N Klieger Judith McHale Ronald L Nelson Charles E Phillips Jr Susan Schuman Nicole Seligman Frederick O TerrellSenior Management Edit Robert Bakish President and chief executive officer of ViacomCBS Raffaele Annecchino ViacomCBS Networks International Alex Berkett Executive Vice President Corporate Development and Strategy George Cheeks President and CEO CBS and Chief Content Officer News and Sports Paramount Naveen Chopra Executive Vice President Chief Financial Officer Anthony DiClemente Executive Vice President Investor Relations Katherine Gill Charest Executive Vice President Controller and Chief Accounting Officer Richard M Jones Executive Vice President General Tax Counsel and Chief Veteran Officer Phil Wiser Executive Vice President Chief Technology Officer Dan Cohen President ViacomCBS Global Distribution Christa A D Alimonte Executive Vice President General Counsel and Secretary Brian Robbins chairman and CEO Paramount Pictures President and CEO Nickelodeon Group and Chief Content Officer Kids amp Family Paramount Bruce Gillmer President Music Music Talent Programming and Events ViacomCBS Domestic Media Networks and Chief Content Officer Music Paramount Ray Hopkins President U S Networks Distribution Pam Kaufman President of ViacomCBS Consumer Products DeDe Lea Executive Vice President Global Public Policy and Government Relations Chris McCarthy President and CEO MTV Entertainment Group and Chief Content Officer Unscripted Entertainment and Adult Animation Paramount David Nevins chairman and CEO Showtime Networks and Chief Content Officer Scripted Originals Paramount Scott M Mills President BET Networks Julia Phelps Executive Vice President Chief Communications and Corporate Marketing Officer Nancy Phillips Executive Vice President Chief People Officer Jo Ann Ross President and Chief Advertising Revenue Officer ViacomCBS Domestic Advertising Sales Tom Ryan President and CEO ViacomCBS Streaming Marva Smalls Executive Vice President Global Head of Inclusion ViacomCBS and Executive Vice President Public Affairs Kids amp Family Entertainment Brands ViacomCBS Domestic Media Networks Jose Tolosa Executive Vice President Chief Transformation OfficerCompany units EditFor a more comprehensive list see List of assets owned by ViacomCBS ViacomCBS comprises five major units CBS Entertainment Group consists of CBS branded assets including the CBS television network CBS News CBS Sports CBS Studios CBS Media Ventures Big Ticket Television and CBS Television Stations The unit also has a 50 interest in The CW television network joint venture co owned by AT amp T subsidiary WarnerMedia through its Warner Bros division 53 Domestic Media Networks encompasses the pay television channels owned by ViacomCBS in the United States such as MTV Nickelodeon Showtime BET Comedy Central TV Land Paramount Network Logo CMT Pop TV Smithsonian Channel VH1 The Movie Channel and Flix ViacomCBS Domestic also controls production facilities for the channels listed above including Nickelodeon Animation Studio International Networks encompasses certain international versions of the company s domestic channels as well as region specific networks such as Channel 5 in the United Kingdom Network 10 in Australia Telefe in Argentina and Chilevision in Chile ViacomCBS International also owns a third 54 of the Rainbow S r l television studio in Italy as well as a 49 stake in the Viacom 18 joint venture with TV18 55 This unit also includes all CBS branded channels across Europe which are co owned with AMC Networks International Streaming Group focused on the global over the top streaming services and Internet properties This division encompasses Paramount Pluto TV CBSN CBS Sports HQ BET and Noggin Global Distribution Group focuses on the global distribution of all programs produced by all ViacomCBS production studios The division consists of ViacomCBS International Studios Other assets owned by ViacomCBS include the Paramount Pictures film and television studio book publisher Simon amp Schuster multi genre online video conference VidCon mixed martial arts promoter Bellator and media and entertainment company Awesomeness As of November 2019 Awesomeness is overseen by its co founder Brian Robbins an executive for ViacomCBS Domestic 56 The company also has an undisclosed stake in FuboTV acquired in 2020 57 References Edit SEC Filing ViacomCBS Inc ViacomCBS Sherman Alex August 12 2020 Sumner Redstone handed a media empire to his daughter Shari who now controls its fate CNBC Shari owns the other 20 through a separate trust ViacomCBS VIAC Retrieved February 26 2021 CBS and Viacom Reveal December Merger Date November 25 2019 ViacomCBS Company Profile Vault com Vault Retrieved March 30 2021 Roxborough Scott Brzeski Patrick May 24 2021 Why Local Language Adaptations Are the Next Round of Remakes The Hollywood Reporter ViacomCBS counts Argentina s Telefe and producer Iginio Straffi s Italian TV shingle Rainbow in which it has a 30 percent stake among its global assets D Croteau W Hoynes 2006 The Business of Media Corporate Media and the Public Interest Thousand Oaks California Pine Forge Press pp 100 101 Fabrikant Geraldine September 17 1986 VIACOM CHIEF LEADS GROUP S BUYOUT BID Published 1986 The New York Times ISSN 0362 4331 Retrieved January 23 2021 In November 1985 Viacom acquired MTV for 326 million in cash and warrants One third of MTV was publicly owned the rest was owned by Warner Communications and the American Express Company At the same time Viacom bought the 50 percent of Showtime the pay television service that it did not already own for 184 million CBS And Viacom Complete Merger www cbsnews com Retrieved March 30 2021 Szalai George September 29 2016 National Amusements Proposes Viacom CBS Reunion Cites Substantial Synergies The Hollywood Reporter Retrieved October 13 2016 Shari Redstone withdraws CBS Viacom merger proposal CNBC December 12 2016 Retrieved December 17 2016 Wang Christine January 12 2018 Viacom CBS shares surge after report Shari Redstone pursuing merge of companies CNBC Retrieved January 12 2018 Busch Anita Chmielewski Anita January 17 2019 Lionsgate Ripe For Takeover As Amazon Verizon and CBS Viacom Emerge As Potential Suitors Deadline Hollywood Retrieved January 19 2018 a b Weinstein Co Talking to 22 Buyers 300 Million Expected Price Bob Weinstein Must Exit The Wrap October 26 2017 Retrieved October 26 2017 Ryan Faughnder March 1 2018 Former Obama administration official has reached a deal to buy Weinstein Co assets Los Angeles Times Retrieved March 2 2018 Chmielewski Dawn March 2 2018 TWC Board New York AG Confirm Maria Contreras Sweet Group Has Acquired Weinstein Company Assets Deadline Hollywood Retrieved March 2 2018 Moonves vs Redstone Inside the Poisonous War for Control of CBS and Viacom The Hollywood Reporter Retrieved April 11 2018 Littleton Cynthia April 11 2018 Could CBS Viacom Strife Cause Leslie Moonves to Walk Away Variety Retrieved April 11 2018 CBS Sues Redstones Firm in Escalation of Longstanding Fight Bloomberg L P May 14 2018 Retrieved May 14 2018 Chmielewski Dawn C May 14 2018 National Amusements Fires Back at CBS Suit Says It s Outraged By Allegations Deadline Hollywood Retrieved May 14 2018 Chmielewski Dawn C May 14 2018 Verizon Expressed Interest in Acquiring CBS Before Viacom Talks Heated Up Deadline Hollywood Retrieved May 26 2018 Bond Paul May 23 2018 Behind Leslie Moonves Crusade to Save CBS From Viacom The Hollywood Reporter Retrieved May 26 2018 Parker Ryan September 9 2018 Leslie Moonves Exits CBS After Being Accused of Sex Crimes Violence by More Women The Hollywood Reporter James Meg May 30 2019 CBS and Viacom merger negotiations expected to resume Los Angeles Times Retrieved June 2 2019 Munson Ben July 16 2019 CBS Viacom set early August deadline for re merger agreement report FierceVideo Retrieved July 20 2019 Littleton Synthia July 19 2019 CBS Viacom Boards Wrestle With Post Merger Management Decisions Ending COO Role EXCLUSIVE Variety Retrieved July 20 2019 How a Merged CBS Viacom Could Try to Compete with Hollywood Giants The Hollywood Reporter July 19 2019 Retrieved August 7 2019 CBS plan to acquire Viacom for up to 15 4 billion could be announced Aug 8 giving its controlling shareholder the ability to leverage IP like Star Trek across film and TV to better compete with Disney Netflix and the rest CBS Viacom Reach Tentative Deal on Team to Lead Combined Company The Wall Street Journal Retrieved August 3 2019 Lafayette Jon August 7 2019 CBS Viacom Deal Won t Make Deadline Broadcasting Cable Bouma Luke August 7 2019 CBS amp Viacom s Merger Announcement is Reportedly Delayed as Talks Continue Cord Cutters News Gasparino Charles Moynihan Lydia August 13 2019 CBS Viacom agree to merge forming a 28B entertainment firm Fox Business Retrieved August 13 2019 Szalai George Bond Paul Vlessing Etan August 13 2019 CBS Viacom Strike Deal to Recombine The Hollywood Reporter Retrieved August 15 2019 a b c CBS and Viacom To Combine PDF CBS August 12 2019 Steinberg Brian October 28 2019 Viacom CBS Set to Merge in Early December Variety Retrieved October 28 2019 Weprin Alex October 29 2019 Viacom CBS Merger Now Expected to Close in Early December Billboard Retrieved October 29 2019 CBS Corporation and Viacom Inc Announce Expected Closing Date of Merger businesswire com November 25 2019 Retrieved November 26 2019 CBS and Viacom Reveal December Merger Date Mark Your Calendars November 25 2019 Weprin Alex December 4 2019 Bob Bakish s Memo to ViacomCBS Staff Merger A Historic Moment The Hollywood Reporter Retrieved December 4 2019 Weprin Alex CBS Historic New York Headquarters to Be Sold The Hollywood Reporter Retrieved December 10 2019 Szalai Georg December 20 2019 ViacomCBS to acquire 49 percent stake in Miramax for 375 million The Hollywood Reporter Retrieved December 20 2019 Patten Dominic March 2 2020 CBS Communications Chief Dana McClintock To Exit This Summer After 27 Years At Company Deadline Retrieved March 3 2020 Baysinger Tim March 4 2020 ViacomCBS to Sell Publisher Simon and Schuster TheWrap Retrieved July 14 2020 ViacomCBS hires former Turner exec Jaime Ondarza for Europe role TBI Vision June 19 2020 Retrieved June 24 2020 Hayes Dade August 4 2020 ViacomCBS Sets Launch Of EyeQ A Comprehensive Offering For Advertisers Deadline Hollywood Retrieved August 4 2020 Hayes September 14 2020 Red Ventures acquires CNET Media Group from ViacomCBS for 500M techcrunch com Retrieved September 14 2020 Mullin Benjamin September 14 2020 WSJ News Exclusive ViacomCBS to Sell CNET to Red Ventures for 500 Million Wall Street Journal ISSN 0099 9660 Retrieved September 15 2020 Red Ventures Announces Closing of Acquisition of CNET Media Group PR Newswire October 30 2020 Retrieved November 6 2020 Goldsmith Jill November 17 2020 Simon amp Schuster Bids Due by Thanksgiving News Corp Bertelsmann Vivendi Contenders for ViacomCBS Publisher Deadline Retrieved November 28 2020 Whitten Sarah November 25 2020 ViacomCBS Sells Simon amp Schuster to Penguin Random House for 2 billion CNBC Retrieved November 28 2020 Goldsmith Jill August 16 2021 ViacomCBS Sells Black Rock Building In Midtown Manhattan To Harbor Group For 760 Million Deadline Hollywood Hayes Dade September 28 2021 ViacomCBS Teams With VideoAmp To Explore Alternative TV Ad Currency Deadline Hollywood Goldsmith Jill October 28 2021 ViacomCBS Buys Majority Stake In Spanish Content Producer Fox TeleColombia amp Estudios TeleMexico Deadline Hollywood CW Network LLC profile Bloomberg BusinessWeek Bloomberg L P Archived from the original on March 8 2016 Retrieved September 27 2012 Le Societa italiane del gruppo Viacom PDF Viacom International Media Networks July 29 2014 Archived from the original PDF on December 7 2019 TV18 to increase stake to 51 in Viacom18 the JV with Viacom Inc Viacom18 January 31 2018 Archived from the original on July 13 2019 Retrieved January 31 2018 James Meg November 10 2019 Viacom reorganizes creative team in advance of CBS merger Los Angeles Times How ViacomCBS Has Sharpened Its Focus on Streaming Via Deals Hollywood Reporter www hollywoodreporter com Retrieved January 7 2021 External links EditWikimedia Commons has media related to ViacomCBS Official website Business data for ViacomCBS Class A Google FinanceYahoo FinanceBloombergReutersSEC filings Business data for ViacomCBS Class B Google FinanceYahoo FinanceBloombergReutersSEC filings Retrieved from https en wikipedia org w index php title ViacomCBS amp oldid 1052691201, wikipedia, wiki, book,

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