CBS Corporation
American mass media company (2005–2019)
(Redirected from CBS Home Entertainment)
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.
Company type | Public |
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Industry | Mass media |
Predecessors | |
Founded | December 31, 2005 |
Defunct | December 4, 2019 |
Fate | Merged with the second incarnation of Viacom |
Successor | Paramount Global |
Headquarters |
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Area served | Worldwide, with main operations in the United States and Australia |
Key people |
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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.