CBS Corporation (also known as CBS Entertainment in production) was an American mass media corporation focused on broadcasting, publishing, and television production. Until 2005, the company was known as Viacom. A new company, keeping the Viacom name, was spun off from CBS.
 Logo used from 2005 to 2019 | |
 Headquarters at the CBS Building in New York City | |
| Company type | Public |
|---|---|
| Industry | Mass media |
| Predecessors | |
| Founded | December 31, 2005 |
| Defunct | December 4, 2019 |
| Fate | Merged with the second incarnation of Viacom |
| Successor | Paramount Global |
| Headquarters |
|
Area served | Worldwide, with main operations in the United States and Australia |
Key people |
|
| Products | Movie production, TV production, broadcasting, cable television, record label, publishing, Internet |
| Revenue |  US$ 14.514 billion (2018) |
 US$ 2.768 billion (2018) | |
| US$ 1.960 billion (2018) | |
| Total assets | US$ 21.86 billion (2018) |
| Total equity | US$ 2.80 billion (2018) |
| Owner | National Amusements (80% voting power) |
Number of employees | ~12,700 (2017) |
| Divisions | CBS Entertainment CBS Cable Networks CBS Publishing CBS Local Media CBS Experiences[1] |
| Subsidiaries | CBS CBS Interactive CBS Records CBS Sports Network CBS Television Distribution CBS Television Studios Showtime Networks Simon & Schuster Digital assets of TV Guide The CW (jv; with WB 50%) Pop TV |
| Website | www.cbscorporation.com (archived Dec 4, 2019) |
| Footnotes / references [note 1][2] | |
In 2019, CBS Corporation and Viacom were merged together. This created ViacomCBS, a combination of the two companies. The merger was finished on December 4, 2019.[3]
Notes
change- ↑ The Viacom-CBS split was structured in such a way that the first Viacom changed its name to CBS Corporation, while the second Viacom was an entirely spun-off company. For this reason, the rechristened CBS Corporation was actually the same company (Viacom) that was founded in 1986. The 1986 Viacom, in turn, was the successor to a previous company also known as Viacom and founded in 1971.
References
change- ↑ "CBS Corporation Announces Launch Of CBS Experiences (CBSX), A New Live And Experiential Events Division". PR Newswire. Cision. June 12, 2018. Retrieved May 30, 2019.
- ↑ "US SEC: Form 10-K CBS Corporation". U.S. Securities and Exchange Commission. Retrieved February 25, 2018.
- ↑ Shivdas, Sanjana (December 4, 2019). "CBS, Viacom complete merger in a win for Shari Redstone". Reuters. Retrieved February 11, 2020.