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Fiktiv USA - ViacomCBS

Feb 17th, 2021 (edited)
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  1. ViacomCBS Inc. is an American diversified multinational mass media conglomerate and formed through the merger of the second incarnation of CBS Corporation and the second incarnation of Viacom on December 4, 2019, which were split from the first incarnation of Viacom in 2006.
  2.  
  3. The company's main assets include the Paramount Pictures film and television studio, CBS Entertainment Group (consisting of the CBS television network, television stations, and other CBS-branded assets), domestic networks (consisting of U.S.-based basic and premium-tier cable television networks including MTV, Nickelodeon, BET, Comedy Central, and Showtime), international networks (consisting of international versions of domestic ViacomCBS networks as well as region-specific networks), the Pluto TV ad-supported television streaming service, and the Simon & Schuster book publisher.
  4.  
  5. Headquartered at One Astor Plaza in Midtown Manhattan, New York City, the company operates over 170 networks and reaches approximately 700 million subscribers in approximately 160 countries, as of 2020.
  6.  
  7. In 1952, CBS formed CBS Television Film Sales, a division which handled syndication rights for CBS's library of television series. This division was renamed CBS Films in 1958, and again renamed CBS Enterprises Inc. in January 1968, and finally renamed Viacom in 1970. In 1971, this syndication division was spun off amid new FCC rules forbidding television networks from owning syndication companies. (The rules were abolished completely in 1993.) In 1985, Viacom purchased MTV Networks & Showtime/The Movie Channel Inc. from Warner Communications and American Express. In 1986, Viacom was acquired by its present owner, theater operator company National Amusements. In 1994, Viacom acquired Paramount Communications. In 1999, Viacom made its biggest acquisition to date by announcing plans to merge with its former parent CBS Corporation (the renamed Westinghouse Electric Corporation, which had merged with CBS in 1995). The merger was completed in 2000, resulting in CBS reuniting with its former syndication division. On January 3, 2006, Viacom was split into two companies: CBS Corporation, the former's corporate successor and the spun-off Viacom company.
  8.  
  9. On September 29, 2016, National Amusements, the parent company of CBS Corporation and Viacom, wrote to Viacom and CBS encouraging the two companies to merge back into one company. On December 12, the deal was called off.
  10.  
  11. On January 12, 2018, CNBC reported that Viacom had re-entered talks to merge back into CBS Corporation, after the merger of AT&T-Time Warner and The Walt Disney Company's proposed acquisition of most of the 21st Century Fox's assets were announced. Viacom and CBS also faced heavy competition from companies such as Netflix and Amazon. Shortly afterward, it was reported that the combined company could be a suitor for acquiring the film studio Lionsgate. Viacom and Lionsgate were both interested in acquiring The Weinstein Company. Following the Weinstein effect, Viacom was listed as one of 22 potential buyers that were interested in acquiring TWC. They lost the bid, and on March 1, 2018, it was announced that Maria Contreras-Sweet would acquire all of TWC's assets for $500 million. Lantern Capital would later acquire the studio.
  12.  
  13. On March 30, 2018, CBS made an all-stock offer slightly below Viacom's market value, insisting that its existing leadership, including long-time chairman and CEO Les Moonves, oversee the re-combined company. Viacom rejected the offer as too low, requesting a $2.8 billion increase and that Bob Bakish be maintained as president and COO under Moonves. These conflicts had resulted from Shari Redstone seeking more control over CBS and its leadership.
  14.  
  15. Eventually, on May 14, 2018, CBS Corporation sued its and Viacom's parent company National Amusements and accused Redstone of abusing her voting power in the company and forcing a merger that was not supported by it or Viacom. CBS also accused Redstone of discouraging Verizon Communications from acquiring it, which could have been beneficial to its shareholders.
  16.  
  17. On May 23, 2018, Les Moonves explained that he considered the Viacom channels to be an "albatross," and while he favored more content for CBS All Access, he believed that there were better deals for CBS than the Viacom deal, such as Metro-Goldwyn-Mayer, Lionsgate, or Sony Pictures. Moonves also considered Bakish a threat because he did not want an ally of Shari Redstone as a board member of the combined company.
  18.  
  19. On September 9, 2018, Les Moonves exited CBS following multiple accusations of sexual assault. National Amusements agreed to make no proposal of a CBS-Viacom merger for at least two years after the date of the settlement.
  20.  
  21. On May 30, 2019, CNBC reported that CBS Corporation and Viacom would explore merger discussions in mid-June 2019. CBS's board of directors was revamped with people who were open to merging; the re-merger was made possible with the resignation of Moonves, who had opposed all merger attempts. The talks had started following rumors of CBS acquiring Starz from Lionsgate. Reports said that CBS and Viacom reportedly set August 8 as an informal deadline for reaching an agreement to recombine the two media companies. CBS announced to acquire Viacom as part of the re-merger deal for up to $15.4 billion.
  22.  
  23. On August 2, 2019, it was reported that CBS and Viacom agreed to merge back into one entity which would be named CBSViacom. Both companies came to an agreement on the management team for the merger, with Bob Bakish serving as CEO of the combined company with president and acting CEO of CBS, Joseph Ianniello, overseeing CBS-branded assets. On August 7, 2019, CBS and Viacom separately reported their quarterly earnings as the talks about the re-merger continued.
  24.  
  25. On August 13, 2019, CBS and Viacom officially announced their merger; the combined company was to be named ViacomCBS, with Shari Redstone serving as chair. Upon the merger agreement, Viacom and CBS jointly announced that the transaction is expected to close by the end of 2019, pending regulatory and shareholder approvals. The merger required approval by the Federal Trade Commission.
  26.  
  27. On October 28, 2019, the merger was approved by National Amusements, which then announced the deal would close in early December; the recombined company will trade its shares on NASDAQ under the symbols "VIAC" and "VIACA" after CBS Corporation delist its shares on the New York Stock Exchange.
  28.  
  29. On November 25, 2019, Viacom and CBS announced the merger would close on December 4 and begin trading on NASDAQ on next day. On December 4, 2019, Bakish confirmed that the ViacomCBS merger had closed.
  30.  
  31. On December 10, 2019, Bakish announced that ViacomCBS would look to divest Black Rock, the building that held CBS's headquarters since 1964. He stated, "Black Rock is not an asset we need to own and we believe that money would be put to better use elsewhere." On December 20, 2019, ViacomCBS agreed to acquire a 49% minority stake in film studio Miramax from beIN Media Group for $379 million. As part of the purchase, Paramount Pictures reached a long-term deal for exclusive distribution rights to its library, and first-look agreements to co-develop new film and television projects based on Miramax-owned properties.
  32.  
  33. On March 2, 2020, executive vice president Dana McClintock announced that he would depart the company after 27 years in CBS Communications. On March 4, the company announced plans to potentially sell its Simon & Schuster publishing unit, with Bakish arguing that it lacked a "significant connection for our broader business.”
  34.  
  35. On June 19, 2020, Jaime Ondarza, formerly the senior vice president of Turner Broadcasting South Europe and Africa, became the new head of ViacomCBS Networks International for France, Spain, Italy, the Middle East, Greece and Turkey.
  36.  
  37. On August 4, 2020, ViacomCBS announced that the connected video advertising platform EyeQ is set to launch in this fall.
  38.  
  39. On September 14, 2020, ViacomCBS announced an agreement to sell CNET Media Group to Red Ventures for $500 million. The deal will include the eponymous CNET tech site, as well as ZDNet, GameSpot, the TV Guide digital assets, Metacritic, and Chowhound. The deal was closed on October 30, 2020.
  40.  
  41. On November 17, 2020, Vivendi, Penguin Random House and HarperCollins had considered acquiring Simon & Schuster for as much as $1.7 billion. ViacomCBS expected the bids to be placed before Thanksgiving 2020 (November 26). On November 25, 2020, Penguin Random House agreed to purchase Simon & Schuster for $2.175 billion, pending regulatory approval.
  42.  
  43. List of assets owned by ViacomCBS:
  44. Paramount Pictures Corporation (Filmed Entertainment)
  45. Paramount Pictures
  46. Paramount Home Entertainment
  47. Paramount Pictures International
  48. Paramount Studio Group – physical studio and post production
  49. - The Studios at Paramount – production facilities & lot
  50. - Paramount on Location – production support facilities throughout North America including New York, Vancouver, and Atlanta
  51. - Worldwide Technical Operations – archives, restoration and preservation programs, the mastering and distribution fulfillment services, on-lot post production facilities management
  52. Paramount Licensing, Inc.
  53. Paramount Parks & Resorts – licensing and design for parks and resorts
  54. Paramount Digital Entertainment
  55. Paramount Animation
  56. Paramount Players
  57. - BET Films
  58. - Comedy Central Films
  59. - MTV Films
  60. - Nickelodeon Movies
  61. Paramount Television Studios
  62. Miramax (49%, co-owned with beIN Media Group)
  63. United International Pictures (50%, co-owned with NBCUniversal via Universal Pictures)
  64.  
  65. CBS Entertainment Group (TV Entertainment)
  66. CBS Television Network
  67. CBS News
  68. - CBSN
  69. - CBS Telenoticias
  70. - CBS Radio News
  71. CBS Sports
  72. - CBS Sports Network
  73. - CBS Sports HQ
  74. - CBS Sports Radio
  75. The CW (50%, with WarnerMedia's Warner Bros. division)
  76. - The CW Plus
  77. - The CW Daytime
  78. - CW Seed
  79. Decades (50%, with Weigel Broadcasting)
  80. CBS Studios
  81. - Big Ticket Television
  82. - CBS Media Ventures
  83. CBS Media Ventures Media Sales
  84. Dabl
  85. - CBS Eye Animation Productions
  86. Late Night Cartoons, Inc.
  87. - CBS Productions – produces The Thanksgiving Day Parade on CBS
  88. CBS Home Entertainment
  89. CBS Interactive
  90. - CBS.com
  91. - StarTrek.com (also owned by CBS Studios and CBS Television Distribution)
  92. - CBS Interactive Advanced Media
  93. - CBSNews.com
  94. CBS MoneyWatch
  95. - CBS Sports Digital
  96. CBSSports.com
  97. 247Sports.com
  98. MaxPreps
  99. Scout.com
  100. - Last.fm
  101. - Watch! Magazine
  102. - CBS Television Stations
  103. KCBS-TV 2 / KCAL-TV 9 Los Angeles
  104. KOVR 13 / KMAX-TV 31 Sacramento – Stockton – Modesto, California
  105. KPIX-TV 5 / KBCW 44 San Francisco – Oakland – San Jose, California
  106. KCNC-TV 4 Denver, Colorado
  107. WFOR-TV 4 / WBFS-TV 33 Miami–Fort Lauderdale, Florida
  108. WTOG 44 St. Petersburg – Tampa, Florida
  109. WUPA 69 Atlanta
  110. WBBM-TV 2 Chicago
  111. WBXI-CD 47 Indianapolis
  112. WJZ-TV 13 Baltimore
  113. WBZ-TV 4 / WSBK-TV 38 Boston
  114. WWJ-TV 62 / WKBD-TV 50 Detroit / Windsor, Ontario
  115. WCCO-TV 4 / KCCW-TV 12 Minneapolis–Saint Paul — Walker, Minnesota
  116. WCBS-TV 2 / WLNY-TV 55 Riverhead – New York City
  117. KYW-TV 3 / WPSG 57 Philadelphia
  118. KDKA-TV 2 / WPCW 19 Jeannette – Pittsburgh, Pennsylvania
  119. KTVT 11 / KTXA 21 Fort Worth – Dallas
  120. KSTW 11 Tacoma – Seattle
  121. Fave TV
  122. - CBS Local Digital Media
  123. - CBS Local
  124. CBSN New York
  125. CBSN Los Angeles
  126. CBSN Boston
  127. CBSN Bay Area
  128. CBSN Minnesota
  129. CBSN Philly
  130. CBSN Denver
  131. CBSN Pittsburgh
  132. CBSN Chicago
  133. CBSN Dallas–Ft. Worth
  134. CBSN Sacramento
  135. CBSN Baltimore
  136. CBSN Miami
  137. - CBS Local Sports
  138. CBS Films (producing content for CBS All Access)
  139. CBS Vision
  140.  
  141. Cable Networks
  142. Domestic Media Networks
  143. BET
  144. BET Gospel
  145. BET Her
  146. BET Hip-Hop
  147. BET Jams
  148. BET Soul
  149. - Showtime Networks
  150. Showtime
  151. Showtime 2
  152. Showcase
  153. SHO×BET
  154. Showtime Extreme
  155. Showtime Family Zone
  156. Showtime Next
  157. Showtime Women
  158. The Movie Channel
  159. The Movie Channel Xtra
  160. Flix
  161. Showtime Documentary Films
  162. Showtime PPV
  163. Showtime Digital, Inc.
  164.  
  165. MTV Entertainment Group
  166. Comedy Central
  167. - Comedy Central Now
  168. - Comedy Central Productions
  169. - Comedy Central Records
  170. CMT
  171. - CMT Canada (10%)
  172. - CMT Music
  173. Logo
  174. MTV
  175. MTV2
  176. MTV Classic
  177. MTV Live
  178. MTVU
  179. Tr3s
  180. MTV Studios
  181. - MTV Documentary Films
  182. - MTV Animation
  183. - SnowGlobe Music Festival
  184. Paramount Network
  185. Pop TV
  186. Smithsonian Channel
  187. - United Kingdom
  188. - Canada (6.67% minority stake; joint venture with Blue Ant Media)
  189. TV Land
  190. VH1
  191.  
  192. Kids and Family Group
  193. Nickelodeon
  194. - Nick at Nite
  195. Nick Jr.
  196. Nicktoons
  197. TeenNick
  198. NickMusic
  199. Nick.com
  200. Noggin
  201. Nickelodeon Records
  202. - Nickelodeon Animation Studio
  203. - Nickelodeon Digital
  204. - Nickelodeon Movies
  205. Nickelodeon Velocity
  206. Paws, Inc.
  207. AwesomenessTV
  208.  
  209. ViacomCBS Ad Solutions
  210. ViacomCBS Velocity
  211. WhoSay
  212.  
  213. Consumer Products, Recreation and Live Events
  214. Bellator MMA
  215. - Bellator Kickboxing
  216. ViacomCBS Digital Studios
  217. - ViacomCBS Digital Studios International
  218. ViacomCBS Consumer Products
  219. Viacom International
  220. VidCon
  221.  
  222. International Networks
  223. - Comedy Central Extra
  224. - Super!
  225. - Game One
  226. - J-One
  227. Ananey Communications
  228. - Ego
  229. - The Food Channel
  230. - The Travel Channel
  231. - The Good Life Channel
  232. - Health Channel
  233. - Nutz Productions
  234. - Shamaim Productions
  235. - Mars Interactive
  236. - Post Office Post Production & Creative
  237. - Porta dos Fundos (51%)
  238. - CBS Action (Poland; joint venture with AMC Networks International)
  239. - CBS Drama (joint venture with AMC Networks International UK)
  240. - CBS Europa (Poland; joint venture with AMC Networks International)
  241. - CBS Justice (joint venture with AMC Networks International UK)
  242. - CBS Reality (joint venture with AMC Networks International)
  243. - Horror Channel (joint venture with AMC Networks International UK)
  244. Viacom 18 (49%; co-owned with TV18)
  245. - Viacom 18 US
  246. - Viacom 18 Media
  247. - Colors
  248. - Colors Infinity
  249. - Colors Rishtey
  250. - Colors Cineplex
  251. - Colors Marathi
  252. - Colors Kannada
  253. - Colors Super
  254. - Colors Kannada Cinema
  255. - Colors Bangla
  256. - Colors Bangla Cinema
  257. - Colors Odia
  258. - Colors Gujarati
  259. - Colors Gujarati Cinema
  260. - Colors Tamil
  261. Viacom18 Studios
  262. - The Indian Film Company
  263. - Voot
  264. Rainbow S.r.l. (30%)
  265. - Colorado Film (60%)
  266. - Bardel Entertainment
  267. - Rainbow CGI
  268. - Witty Toys
  269. - Tridimensional S.r.l.
  270.  
  271. Global Distribution Group
  272. ViacomCBS Global Distribution
  273. Paramount Worldwide Television Licensing & Distribution
  274. ViacomCBS International Studios
  275. - ViacomCBS International Studios UK
  276.  
  277. Streaming Group
  278. BET+
  279. Paramount+ (launching in 2021)
  280. Philo (minority stake; co-owned with A+E Networks, AMC Networks, and Discovery, Inc.)
  281. Pluto TV
  282. Pluto TV Europe GmbH
  283.  
  284. Other assets
  285. CBS Broadcast Center
  286. CBS Building
  287. CBS Experiences
  288. CBS Operations Inc.
  289. CBS Sporting Club
  290. CBS Stages Canada
  291. CBS Studio Center
  292. CBS VFX
  293. Ed Sullivan Theater
  294. Westinghouse Licensing Corporation
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