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1 day ago · Sumner Redstone used National Amusements, his family’s movie theater chain, to build a vast media empire that included CBS and Viacom, which have merged and separated a number of times over the ...
1 day ago · After being spun off from the network in 1971 due to the now-defunct fin-syn rules, Viacom reunited with CBS after 28 years apart in 1999. After splitting the company in two in 2005 as (New) Viacom and CBS Corporation respectively, both reunited as ViacomCBS in 2019 and renamed Paramount Global in 2022 .
1 day ago · Most recently, the companies re-joined forces in 2019, undoing the split consummated in 2006. The company, ViacomCBS, changed its name to Paramount Global in 2022. Under Sumner Redstone’s leadership, Viacom became one of the nation’s media titans, home to pay TV channels MTV and Comedy Central and movie studio Paramount Pictures.
1 day ago · Sumner Redstone used National Amusements, his family’s movie theater chain, to build a vast media empire that included CBS and Viacom, which have merged and separated a number of times over the years. Most recently, the companies re-joined forces in 2019, undoing the split consummated in 2006.
14 hours ago · Fast forward to 2019, and the script flipped yet again, with Viacom re-merging with CBS to form ViacomCBS, demonstrating the conglomerate’s commitment to consolidating its power in the face of ever-intensifying competition. This rollercoaster of mergers and splits is a potent reminder that in the business world, the only constant is change.
5 days ago · After a planned merger failed to materialize in June, Shari Redstone’s National Amusements aka Viacom, the company that owns Paramount and CBS, are reportedly back to negotiating a merger deal with David Ellison’s Skydance.
4 days ago · FAMILY Feud has twisted an answer to a Fourth of July-themed prompt and left fans in total shock. The Family Feud Instagram account shared a clip from its Fourth of July episode, which featured a question centered around the holiday's most famous foods.
