Since Shari is now well and truly in charge, she can apply her business plan in different ways. Disney also owns ESPN, which has its own publishing arm for all things sports. 1515 Broadway New York, NY 10036 Voice (212) 258-6000 www.viacom.com Holdings Timeline Cable Networks Atom Entertainment AddictingGames Atom.com AtomUploads.com Logotv.com newnownext.com Shockwave BET Networks BET BET Event Productions BET Gospel BET Hip Hop BET International [21] On February 21, Viacom publicly announced they would be offering free online access to their material through Silicon Valley's distributor Joost. [25], On December 7, 2009, Viacom sold its stake in MTV Brasil to Grupo Abril along with rights to the brand. The company has a hand in just about every medium in the world from childrens cinema to sports. The deal also made Viacom a preferred publisher partner for casual game development and distribution through MSN and Windows. [34] For perspective, if these six companies were a country,they would be the 26th wealthiest country in the worldby GDP between Poland ($467 billion) and Nigeria ($415 billion). Finally, Disney owns a few video game assets. The second Viacom was the world's ninth-largest media company in terms of revenue, and headquartered at One Astor Plaza in Midtown Manhattan, New York City. For his vision, Hirai earns about $4.9 million every year. BET Networks was merged with Showtime Networks under CEO David Nevins, who also temporarily gained oversight of Pop TV (formerly co-owned with Lionsgate);[34] Pop TV was transferred to the Entertainment & Youth Group on January 15, 2020. Showtime In February 2007, Viacom ordered leaked copyrighted video clips be taken off the video-sharing service YouTube for copyright reasons. As a result, Roberts is compensated well. The two companies used to In 1984, American Express sold their interest in Warner-Amex to Warner Communications (now WarnerMedia . MTV . [19] In August, Viacom announced that it had acquired Atom Entertainment for $200million. [60] On December 12, the deal was called off. [61], On January 12, 2018, CNBC reported that Viacom had re-entered talks to merge back into CBS Corporation after the AT&T-Time Warner merger was planned, as well as Disney's proposed acquisition of most 21st Century Fox assets and heavy competition from companies such as Netflix and Amazon. Details on the deal were not disclosed. Showtime was established in 1976, and The Movie Channel was established in 1973 as Star Channel and relaunched under its current name in 1979. [39] On May 25, 2017, Viacom channels returned to Suddenlink after nearly 3 years of absence. Nickelodeon's shows are not part of this deal. [48][49][50][51] Bakish has stated that the streaming service would serve as a "complement" to OTT MVPDs, rather than a replacement. 3Created as VH1 Country prior to Viacom/CBS merger. Viacom after the split continued its growth and went on to acquire DreamWorks in February 2006. Who knows what theyll do next? Movies Wiki is a FANDOM Movies Community. Media conglomerate which owns 2 networks (MTVN and BE TN) comprised of smaller networks, including MTV, VHI , Comedy Central, BET, CMT, Nickelodeon, among others . Until then, Summer Redstone had been operating as both the chief executive officer and chairman of the company and it was seen as a natural course of action to split the leadership into two by dividing the company itself into two branches. With the acquisition of NBC, Comcast expanded its repertoire of TV and film assets many times over. As a result of these actions, Warner Cable Communications would then be rebranded as Warner-Amex Satellite Entertainment, becoming a joint venture between Warner Cable and American Express. In modern America, it feels like you have an unlimited variety of entertainment and media options right at your fingertips. 5Channel was originally known as Noggin before being rebranded as Nick Jr. in 2009. For the previous incarnation of the company, see, second merger between Viacom and CBS Corporation, sexual abuse allegations against Harvey Weinstein, forcing a merger that was not supported by CBS or Viacom. That makes Comcast a major contender in global media, especially in the United States. The division's original namesake, MTV, is managed through a subsidiary called MTV Entertainment Group. And Nickelodeon, Comedy Central, and MTV. The second Viacom was the world's ninth-largest media company in terms of revenue, and headquartered at One Astor Plaza in Midtown Manhattan, New York City . Your email address will not be published. But the most effective way to find a cable channel is to use the free viacomcbs apps on your iphone. The Redstone family thus owns about 80% of ViacomCBSs Class A voting common stock. In 1980, Warner-Amex formed a joint venture with Cablevision's Rainbow Media division to launch Bravo, a cable network dedicated to arts and films, on December 1, 1980. The company has owned various other internet properties including virtual pets website Neopets; Flash game websites AddictingGames.com and Shockwave.com; online content production company Atom Entertainment; along with RateMyProfessors.com, GameTrailers, and iFilm, all of which have been shut down or sold off during 2000s and 2010s. Required fields are marked *. Microsoft in turn could license Viacoms shows for use on both MSN and Xbox Live. Megan Sanks July 10, 2017, 10:36 AM Viacom Inc. WebFXs proprietary digital marketing platform makes it easier than ever to track digital marketing performance, conduct industry research, calculate ROI, and make strategic decisions. It would support advertisements and would include all the shows and movies owned by Viacom Media Networks that are not available on other streaming platforms. First, lets look at the bread and butter of Disney television, and film. On August 20, 2016, a settlement between Sumner and Shari Redstone and Philippe Dauman was reached that would have him resign as chief executive officer and be replaced with Thomas E. Dooley as interim CEO. Most notably, Viacom owns Nickelodeon, or Nick, an American television network that produces popular television shows for children and adolescents. Paramount Media Networks[1] (founded as MTV Networks in 1984[2] and known under this name until 2011) is an American mass media division of Paramount Global that oversees the operations of many of its television channels and online brands. [75][76] CBS announced to acquire Viacom as part of the re-merger deal for up to $15.4billion. These were MTV, Comedy Central, Nickelodeon, Nick Jr., BET, and Paramount Pictures. Discovery", "The CW Will Be A Profitable Network By 2025, With Broader And Cheaper Programming, New Owners At Nexstar Signal", "BET Launches BET STUDIOS Providing Equity Ownership To Black TV And Film Creators", "Paramount Network Rebrands, Doubles Down on Movies and Minis (EXCLUSIVE)", "Paramount Movie Network Put On Ice As ViacomCBS Nixes Rebrand Plans For 'Yellowstone' Network", "Sarah Babineau & Keith Cox Promoted To Top Creative Posts At ViacomCBS' Entertainment & Youth Unit, Jonas Larsen Exits", "NICKELODEON ESTABLISHES AVATAR STUDIOS, BRAND-NEW CONTENT DIVISION DEVOTED TO EXPANDING THE WORLD OF AVATAR: LAST AIRBENDER AND THE LEGEND OF KORRA | Nick Press", "Viacom, Hungry For Hits, Gobbles Garfield", "AwesomenessTV Debuts Young Adult Book Publishing Division Awesomeness Ink", "AwesomenessTV Launches Film Division (Exclusive)", "AwesomenessTV signs movie deal with Netflix, launches news brand", "Viacom International Media Networks Buys Majority Stake in Brazil's Porta dos Fundos", "ViacomCBS Completes Acquisition Of Majority Interest In Fox TeleColombia & Estudios TeleMexico", "ViacomCBS Networks International Acquires Israeli Producer and Pay-TV Firm Ananey", "Straffi's Rainbow: Europe's Largest Animation House Has Growing Pains", "CBS to launch UK channels with Chellomedia", "Global Publishing Leaders 2016: Simon & Schuster", "Investment banks net more than $320m from sale of WarnerMedia to Discovery", "Viacom Acquires VidCon, Boosting Live Event and Digital Businesses", "VidCon 2022 Announces Featured Creators & Free Livestream", "ViacomCBS Unifies Domestic, International Oversight", "Red Ventures Announces Closing of Acquisition of CNET Media Group", "Fox Television Stations To Carry Weigel Broadcasting's Decades TV Network Beginning in Q3", "Blue Ant Media Announces Global Networks Division To Be Led By Ward Platt In Newly Created Role CEO, Global Networks & Kids", "Review aggregator site GameRankings is shutting down", "Media Companies Join to Extend the Brands of YouTube Stars", France, Wallonia, French-speaking Switzerland, CIS, Ukraine and Georgia (previously Russia and Belarus), https://en.wikipedia.org/w/index.php?title=List_of_assets_owned_by_Paramount_Global&oldid=1133518146, Short description is different from Wikidata, Articles that may contain original research from November 2022, All articles that may contain original research, Creative Commons Attribution-ShareAlike License 3.0, Paramount Studio Group physical studio and post production, The Studios at Paramount production facilities & lot, Paramount on Location production support facilities throughout North America including New York, Vancouver, and Atlanta, Worldwide Technical Operations archives, restoration and preservation programs, the mastering and distribution fulfillment services, on-lot post production facilities management, Paramount Parks & Resorts licensing and design for parks and resorts. By 2018, Viacom planned to launch an official streaming service. He (technically) oversees all of the following companies. [32] On July 11, in a counter response to DirecTV advising its subscribers to view original programming from the affected networks online, Viacom scaled back access to recent episodes of Viacom-owned program content available to the websites of its networks. Its not News Corpss biggest branch, but it works for their needs, which is typically supporting the TV and film divisions with music (Fox Music). The re-merger was made possible with the resignation of Moonves (who opposed all attempts for a Viacom merger). But still, he clearly knows what hes doing. As of 2010, the Board consisted of George Abrams, Philippe Dauman, Thomas E. Dooley, Alan Greenberg, Robert Kraft, Blythe McGarvie, Bob Bakish, Charles Phillips, Shari E. Redstone, Sumner Redstone, Frederic Salerno, and William Schwartz. While a decent amount of that value comes from his stake in National Amusements, much more of it comes from the companies that he owns. With expansion and acquisitions, the company grew until the idea of a split was suggested at the time of Sumner Redstones retirement who oversaw the entire corporation. Viacom also owns a number of comic book publishers, including Marvel Comics and Image Comics. So here, media includes 24-hour news stations, newspapers, publishing houses, Internet utilities, and even video game developers. [79][80], On August 13, 2019, CBS and Viacom officially announced their merger; CBS would purchase Viacom and change its name to ViacomCBS. Channels were replaced with other networks, including BBC America, Sprout, Sundance TV, IFC, Investigation Discovery, TV One, CMP/TV, National Geographic Channel, and TheBlaze. Save my name, email, and website in this browser for the next time I comment. [53] In 2022, MTV Entertainment Group partnered up with Second Chance Studios to launch Media careers. GameStar, a subsidiary of Disney Interactive Studios, is one of the best-known video game developers bought by Disney. Top 8 Companies Owned by Viacom in 2022 Some Viacom owned companies are: 1. While independent media outlets still exist (and there are alot of them), the major outlets are almost all owned by these six conglomerates. This streaming service would support ads (similar to Hulu) and was expected to include television series from Viacom Media Networks that have not been available on other services, such as Hulu or Amazon Prime Video. But it also applies here. In 2012 CEO Phillip Dauman began to report Viacom's intentions to bundle past programming and make it available on-demand via services like Hulu. Viacom was a darling on Wall Street and Madison Avenue because its networks Nickelodeon, Comedy Central and MTV drew younger viewers who were prized by advertisers. There are so many different companies that you really just have to see it for yourself. [27] Also that month, Viacom became a co-owner of Rainbow S.p.A., an Italian television studio best known for the Winx Club franchise. There are plenty of ways to get onto the cable networks and, to a certain degree, onto the TV shows that are being broadcast on those networks. [29], Later, in October 2011, Viacom purchased a majority stake in Bellator Fighting Championships. By 2018, there were media reports that a re-merger was on the horizon. 2 Originally TNN from 1983 to 2003 . MTV, or Music Television, is a cable television network that began as a 24-hour music video platform. At 55, Hirai is one of the youngest leaders of a global conglomerate. Save my name, email, and website in this browser for the next time I comment. [69][70] CBS also accused Redstone of discouraging Verizon Communications from acquiring it, which could have been beneficial to its shareholders. Why? Pre-launch: Warner Communications joint venture (19771984), Launch as MTV Networks, Viacom gets full ownership (19842011), Reintroduction and re-merger with CBS (2019present), The buyout of MTV Networks by Viacom would initially end Warner's first venture into cable television until returning in 1990, when it brought in, Learn how and when to remove these template messages, Learn how and when to remove this template message, "Paramount+ Orders More '1883' and Another 'Yellowstone' Prequel", "BUSINESS PEOPLE; A Chief Is Named By MTV Networks", "Warner to buy out American Express; MTV to go private (page 29)", "Viacom to Buy Warner Stake In Cable Units", "VIACOM CHIEF LEADS GROUP'S BUYOUT BID (Published 1986)", "URGENT Delaware Court Rules In Favor Of Time-Warner Merger", "Time Warner Cable Spinoff to Finish Next Month", "AT&T Completes Acquisition of Time Warner Inc", "Discovery Closes Acquisition of AT&T's WarnerMedia", "MTV has big ratings issue, analyst warns", "Viacom CEO Supports Paramount And Non-Core Networks But For How Long? 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