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Website. www.viacom.com (archived Dec 3, 2019) The second phase of Viacom Inc. ( / ˈvaɪəkɒm / VY-ə-kom or / ˈviːəkɒm / VEE-ə-kom; a portmanteau of Video & Audio Communications), was an American multinational mass media and entertainment conglomerate with interests primarily in film and television.
This article is about the 2005-2019 incarnation of Viacom. For the original incarnation, see Viacom Productions. For other uses, see Viacom (disambiguation).
The second phase of Viacom Inc., was an American multinational mass media and entertainment conglomerate with interests primarily in film and television. It was established on December 31, 2005, as one of two companies which succeeded the original Viacom, alongside the second CBS Corporation.
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 from the first incarnation of Viacom on December 31, 2005.
Jun 20, 2024 · $6.74 bil. Annual revenue: $30.07 bil. Earnings per share (prev. year): $1.06. Sector: Technology. Industry: Media Conglomerates. CEO: Robert M. Bakish. Headquarters: New York City. Viacom, American communications and media conglomerate that was once one of the largest in the United States.
As part of the re-merger deal, CBS acquired Viacom for up to $15.4 billion. On August 13, 2019, CBS and Viacom agreed to merge into a new entity known as ViacomCBS (now Paramount Global), with Viacom CEO Bob Bakish as president and CEO of the new company and CBS CEO Ianniello as chairman and CEO of CBS and oversee CBS-branded assets. Shari ...
MTV Networks, BET Networks, Paramount Television Studios. For the "original" Viacom, active 1971–2005, see Paramount Global. Viacom was one of the worlds largest media and entertainment corporations only behind The Walt Disney Company, WarnerMedia and 21st Century Fox .
