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On May 15, 2008, CBS Interactive agreed to buy CNET Networks for $1.8 billion, with the deal due to close in the third quarter of 2008. [19] On July 2 CBS acquired CNET and put it under CBS Interactive. [20] On February 14, 2013, CBS acquired a minority stake in AXS TV in exchange for programming and marketing. [21]
In 1974, CBS dropped its original full name and became known simply as CBS, Inc. The Westinghouse Electric Corporation acquired the network in 1994, renaming its legal name to the current CBS Broadcasting Inc. two years later, and in 1997 adopted the name of the company it had acquired to become CBS Corporation.
The world's second oldest broadcasting network, CBS Television Network (formerly CBS Corporation) was acquired by Viacom Inc. in 2000. The network provides television programs (including such hits as Survivor, 60 Minutes, and Everybody Loves Raymond ) to more than 200 affiliate stations in the United States, including 20 stations owned by Viacom.
The first incarnation of Viacom was created in 1952 as the television syndication division of CBS; it was spun off in 1971.In 1999, Viacom acquired its former parent, then named CBS Corporation (formerly Westinghouse Electric).
Apr 26, 2000 · In November 1995, Westinghouse Electric Corporation acquired CBS, Inc., but the name of the entire company was changed in November 1997 to simply CBS. The same year, the company sold off its ...
- CBS News
Jun 26, 2013 · In 1995, Westinghouse Electric Corporation, an American manufacturing company, merged with the CBS television network and formed CBS Corporation. In 1999, Viacom acquired its former parent CBS Corporation. In January 2006, Viacom was split into two entities: CBS Corporation, the former’s corporate successor and the spun-off Viacom company.
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Aug 13, 2019 · The third time's a charm for Viacom and CBS as the companies' boards approve a $12-billion deal to combine the two businesses, ... DirecTV to acquire Dish Network, Sling TV for $1. Sept. 30, 2024.
