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Feb 16, 2022 · In March of 1994, Viacom bought 61.7 million shares in Paramount to take control of the company, in a deal valued at between $9.5 billion and $10.1 billion by Variety at the time. It beat out home ...
December 4, 2019. Resulting entity. ViacomCBS (now Paramount Global) 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 ...
Feb 15, 2022 · CBS and Viacom merged to become ViacomCBS in 2019, something of a reunion for the two companies, which had split in 2006. The streaming service CBS All Access was rebranded as Paramount+ last year.
Feb 15, 2022 · The rebranding comes two years after Redstone formed ViacomCBS by reuniting her late father’s Viacom media company with legendary broadcasting company CBS. Since then, executives have worked to ...
- meg.james@latimes.com
- Senior Entertainment Writer
Feb 20, 2020 · In 2019, our domestic streaming and digital video business – which includes subscription revenue and digital video advertising – delivered approximately $1.6B billion in revenue, which we expect to grow between 35 to 40 percent this year. Of course, the opportunity is much, much larger. Our go-forward streaming strategy is rooted in the ...
Feb 16, 2022 · ViacomCBS changes corporate name to Paramount 00:21. ViacomCBS announced Tuesday that the company will become known as Paramount. "Effective February 16, we'll be bringing together our leading ...
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Feb 16, 2022 · What Happened: The Wall Street Journal reported the name change was announced during the company’s Feb. 15 investor presentation. “It is who we are, and it is who we are destined to be ...
