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- National Amusements is also an equal partner in the online ticketing service MovieTickets.com and is the parent company of both Viacom and CBS Corporation. National Amusements, directly and through subsidiaries, holds approximately 79.8% of the Class A (voting) common stock of Viacom Inc., constituting 10% of the overall equity of Viacom.
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In March 2005, due to Viacom's declining stock price, National Amusements announced that it would split its media subsidiary into two companies that would remain under its control, which was completed on December 31.
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 (NYSE).
Feb 2, 2024 · Skydance Media is exploring an all-cash deal to acquire National Amusements, the company that owns the bulk of Paramount Global voting stock, as part of a deal to merge Skydance and Paramount...
5 days ago · It was formed in 2019 through the merger of Viacom and CBS and is a subsidiary of National Amusements, Inc. Originally known as ViacomCBS, the company was renamed Paramount Global in 2022. Its primary holdings are in film and television (including streaming services).
- The Editors of Encyclopaedia Britannica
Jul 7, 2024 · The all-stock deal to merge Skydance into Paramount will value Ellison’s studio at $4.75 billion. National Amusements is a regional movie theater chain; however, Sumner Redstone turned it...
The company was founded in 1914 and is headquartered in New York, New York. Paramount Global is a subsidiary of National Amusements, Inc. www.paramount.com
Oct 28, 2019 · The $30 billion merger of CBS Corp and Viacom has been approved by their parent company National Amusements, the latest step toward the proposed combination.
