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 Finally, TimeWarner is the first company on our list that also acts as an Internet service provider. Write for us- Business finance management, Fashion & News Guest Posts, 15 Weird Hobbies Thatll Make You Better at joseph fry, The 10 Scariest Things About abbreviation for industry. Lets know the depth of the topic- Who Owns Viacom? The problem with home images is that some people are just lazy and dont care about the things that are important to them. [63] Viacom and Lionsgate were both interested in acquiring The Weinstein Company in the wake of sexual abuse allegations against Harvey Weinstein. Since Shari is now well and truly in charge, she can apply her business plan in different ways. 1 Channel created by Warner-Amex Satellite Entertainment prior to 1984. But Sony is so much more than an electronics company. Viacom's domestic networks are owned by various family members. [22] At the end of the year, Time Warner Cable (along with partner Bright House Networks) and Viacom's MTV Networks could not come to terms for the renewal of any Viacom channel beyond the end of year. Why Your Companys Online Reputation Is Important [Infographic], Page Speed & Core Web Vitals Optimization, Channel Partner Sales Pipeline Management, Media Conglomerate #1: National Amusements, Total Value of Medias Big 6: $430 Billion, 30 Traits and Habits of Successful People [INFOGRAPHIC], Why Wellness Programs Are Important to Businesses, Whats Your Leadership Style? Viacom Inc. had its headquarters located at One Astor Plaza in Midtown Manhattan, New York City, and was the worlds ninth-largest media company in terms of revenue generated. The MTV Entertainment Group section of ViacomCBS Domestic Media Networks owns the Paramount Network, an American basic cable television channel. [83] The complaint contended that almost 160,000 unauthorized clips of Viacom's programming were made available on YouTube and that these clips had collectively been viewed more than 1.5billion times. If that happens, ATandT will acquire everything below and more. [35] On February 16, 2022, ViacomCBS was renamed as Paramount Global, and ViacomCBS Domestic Media Networks was renamed Paramount Media Networks.[36]. Last, Sony has a portfolio of investments, much like other media companies on this list. The involvement of Shari Redstone, the owner of National Amusements, instigated conflict between the two companies which led to CBS Corporation suing National Amusements for abusing her power in the company and forcing both CBS and Viacom to make a deal they werent in the favour of. [90] An appeal was begun, but the week before the parties were to appear in the 2nd U.S. National Amusements has a modest collection of print publishers, but theyre pretty well-known. 21Channel was originally a division of Warner Communications and the original owner of MTV, and launched on January 1, 1985, in the former space of Turner's short-lived Cable Music Channel. [35], On January 22, 2014, Viacom established a marketing division, Viacom Velocity.[36]. On December 19, 2007, Viacom signed a five-year, $500million contract with Microsoft that included content sharing and advertisement. 4 Channel was originally known as VH1 MegaHits before being discontinued in July 2005 to facilitate Logo launch. The spin-off was structured so that CBS Corporation would be the legal successor to the first Viacom, with the second Viacom being an entirely separated company.[4][5][6][7][8]. 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. 3Created as VH1 Country prior to Viacom/CBS merger. VIA is one of the largest multinational media conglomerates in the world. Viacom National Amusements has controlling interests in CBS and Viacom. To be clear, media in this context does not refer just to news outlets it refers to any medium that controls the distribution of information. Viacom announced its intention to appeal the ruling. Showtime Networks Inc. is a subsidiary of Paramount Media Networks that oversees the company's premium cable television channels, including its flagship service Showtime. With a hand in television, film, music, and print, Murdoch is perhaps the most successful Australian entrepreneur to build an international empire. 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. Black Entertainment Television is an African-American-focused cable television station in the United States. On top of its incredible TV and movies, TimeWarner also controls several big-name print assets, includingTIME(obviously). The company has a hand in just about every medium in the world from childrens cinema to sports. We connect with billions of peoplethrough our studios, networks, streaming services, live events, merchandise, and more. 12Channel originally owned by the first incarnation of Viacom, and earlier with former partner Warner-Amex, and later became part of CBS Corporation following Viacom's split in 2006. CMT is the number one destination for country music and lifestyle programming, with an unrivaled blend of content that represents the various interests of its audience. [75][76] CBS announced to acquire Viacom as part of the re-merger deal for up to $15.4billion. [87], On April 5, 2012, the ruling was overturned by the United States Court of Appeals for the Second Circuit. Controlling stock in the company is owned by a private company called National Amusements. [18] On April 24, Viacom obtained Xfire. The entire staff at WebFX has been phenomenal. Last, TimeWarners HBO branch achieved global renown with its runaway fantasy dramaGame of Thrones, an adaptation of George R. R. MartinsA Song of Ice and Fire. Let us know onTwitterorFacebook! Viacom's studio had numerous assets that comprised a 30% stake of ownership in the Rainbow S.p.A. animation studio, MTV Films, Nickelodeon Animation Studio, and Paramount Pictures. The company owns various mass media enterprises such as movie. Viacom Media Networks, formerly known as MTV Networks, is an American mass media division of Viacom that oversees the operations of many of its television channels and Internet brands. Viacom after the split continued its growth and went on to acquire DreamWorks in February 2006. [81] On October 29, 2019, National Amusements approved the re-merger deal and expected to close the deal in early December with the recombined company trading its shares on Nasdaq under the symbols "VIAC" and "VIACA". The division is split into three regional units: Former brands include TMF and VIVA which, along with digital properties Nitrome Limited, Shockwave, Addicting Games, Atom Films and Xfire, have either since merged with other networks, were shut down, or were sold off. [55][56] Two days later on July 27, Viacom officially acquired the company for $25million. After the departure of Mel Karmazin in 2004,[15] Sumner Redstone, who served as chairman and chief executive officer, decided to split the offices of president and chief operating officer between Moonves and Freston. You may not be involved in a multi-billion dollar enterprise, but you still control your companys publications. [41] The two subsequently collaborated on the creation of Rock Band. 15Previously owned by CBS Corporation, and before 2019, half of the share was owned by Lionsgate. With that in mind, lets take a look at each of The Big 6, who control them, and what they own. As the head of TimeWarner, hes responsible for all of the following companies. As with our other companies, Sonys investments give it control over more areas of the media industry without attempting risky projects themselves. Bakish previously headed the company's international business as President and CEO of Viacom International Media Networks (VIMN) since 2007. [43][44][45], In November 2017, Viacom announced the opening of a new digital content division named Viacom Digital Studios. fox news owner rupert murdoch chairman and ceo of global media holding company news corporation, the world's second-largest media conglomerate and its successors news 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. Unless youre directly involved in business and / or entertainment, youve probably never heard of National Amusements before. 12 Channel originally owned by the first incarnation of Viacom, and earlier with former partner Warner-Amex, and later became part of CBS Corporation following Viacom's split in 2006. In 2016, the leadership of the company changed with the appointment of Bob Bakish as acting CEO. 18Channel was originally known as "Star Channel" until it was bought by Warner-Amex Satellite Entertainment before becoming "The Movie Channel" in 1979. The only way theyll disappear is if theyre bought by another megalithic company or run out of business by a major market shakeup that leaves themnotime to adapt. 9Channel was originally known as MTV Hits before being rebranded as NickMusic on September 9, 2016. However, finance experts can guess at Sumner Redstones overall net worth. In December 2019, the stake Viacom had in MTV Brasil was sold to Grupo Abril for an undisclosed sum. But while it mayseem like you have limitless options, most of the media you consume is owned by one of six companies. The second Viacom operated Viacom Media Networks, through which it controlled approximately 170 networks and reached approximately 700million subscribers in approximately 160 countries. Its related international division is Paramount International Networks. For his vision, Hirai earns about $4.9 million every year. The second incarnation of Viacom Inc. (/vakm/ VY--kom or /vikm/ VEE--kom; a portmanteau of Video & Audio Communications) was an American multinational mass media conglomerate with interests primarily in film and television, which was formed on December 31, 2005, as a spin-off of the original Viacom (founded by Ralph Baruch in 1952 as CBS Television Film Sales). WebFX did everything they said they would do and did it on time! In December 2007, a five-year content sharing and advertisement contract was signed between Vicoma and Microsoft for $500 million. Viacom owns Paramount Pictures and pay TV channels such as Comedy Central, MTV and BET, while CBS has a broadcast network, television stations, Showtime and a stake in The CW over-the-air network. [30], On December 1, 2011, the company stopped trading on the New York Stock Exchange (NYSE) and began listing its securities on Nasdaq instead. MTV Networks was renamed Viacom Media Networks in 2011. 19Channel was originally known as VH1 Smooth before being relaunched as VH1 Classic Rock on August 1, 1999. Through Viacom Media Networks, Viacom Inc. controlled about 170 networks and catered to 700 million subscribers around the globe, reaching 160 countries. The company owns movie theaters throughout the world about 950 total but it owns much more than just movie theaters. [48][49][50][51] Bakish has stated that the streaming service would serve as a "complement" to OTT MVPDs, rather than a replacement. 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. ViacomCBS has already bought the MTV networks from Viacom. [5], On August 27, 1985, Warner sold 31% of MTV Networks to Viacom, with Warner also selling 19% of its Showtime/The Movie Channel, Inc. joint to Viacom as well. All indications were that the whole of DreamWorksboth live-comedy film and television studios, albeit not the DreamWorks archive (which was sold to a group led by George Soros in March 2006) nor the animated unit (which was not part of the deal)would remain owned by Viacom, even though CBS acquired Paramount's television studio. Nickelodeon Nickelodeon, typically known as Nick, is a youngsters' TV slot laid out in the United States. The most well-known is Simon and Schuster, which National Amusements acquired when it purchased Viacom in 1999. But it also applies here. So this doesnt seem all that surprising. TimeWarner doesnt own a lot in music, but they have enough to ensure musical support for their other properties. Spike TV started to air Bellator in 2013, after the rights to the UFC (Ultimate Fighting Championship) library ended in 2012. CBS gained profit and success under Moonves while Viacoms owned networks soon lost popularity as the culture changed with the changing times. Bakish would become president and CEO of ViacomCBS with Ianniello serving as chairman and CEO of CBS, where he would oversee the CBS-branded assets. Formerly known as TVGN, TV Guide Network, and TV Guide Channel. Reset Use our free tool to get your score calculated in under 60 seconds. None of the Redstones publish their salaries. [21] During the same month, it was announced that Spike would be relaunched as Paramount Network in 2018, aligning with the namesake film studio and being positioned as Viacom's main general entertainment outlet. [41] In December 2016, the Viacom board appointed Bob Bakish as acting CEO. These are a list of channels that are owned and operated by Viacom Media Networks. When it comes to television and film, theres a good chance youre watching something owned by the Disney company even if it doesnt have Disneys name. Theyre the ones who get all the money from Viacom and CBS, so its like theyre both owners of the company now. The largest media conglomerates in the United States are AT&T, Comcast, The Walt Disney Company, National Amusements (which also owns CBS, Viacom Inc., and Fox Corporation), Sony, and Hearst Communications. [19] In August, Viacom announced that it had acquired Atom Entertainment for $200million. The company owns hundreds of national, regional, and local newspapers around the world. It was reported that these conflicts had resulted from Shari Redstone seeking more control over CBS and its leadership. Kaz Hirai started work at Sony Music Entertainment Japan in 1984, and hes been with the company ever since. The latter currently retains control of the over-the-air broadcasting, TV production, subscription pay television, and publishing assets, which were previously owned by the original Viacom. ViacomCBS isnt the only international media conglomerate that operates on a global scale: Viacom is one of the largest media companies in the world, owning a whopping 80 percent of the global media market. In 2003, MTV Networks assumed full ownership of Comedy Central from AOL Time Warner. Their music arms work in both support for their television and film production branches, but they also publish music from artists. [17][18][19][20] In February 2017, cable channels CMT and TV Land were moved from the Kids and Family Group to the Global Entertainment Group under Kevin Kay, joining up with Spike TV. The whole process was very easy! [77], On August 2, 2019, it was reported that CBS and Viacom agreed to merge back into one entity. Sumner Redstone had in his control over eighty percent of National Amusements Inc.s voting interest. This is a smart move because it allows any cable operator to get into the bidding war for cable television channels and, in turn, to get the most popular channels. His published salary is $44.9 million. It can also allow the cable operators to get a lot of money for a cable channel rather than paying a pittance for a cable channel that is not as popular. Still, thats only a portion of what NA owns. The most well-known is Simon and Schuster, which National Amusements acquired when it purchased Viacom in 1999. Other publishing companies owned by Viacom include Pocket Books, Scribner, and The Free Press. In March 2018, CBS made an official proposal for the re-merger and strongly suggested that CBSs CEO Les Moionves oversee the re-merged entity. On the business front, the split would be more appealing to investors as it would provide options for alternative investments options. The change has been deemed permanent. He (technically) oversees all of the following companies. 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. He makes $32.5 million per year. The company ran a virtual world system, Virtual MTV, in the late 2000s. CMT was transferred from the Entertainment Group to the Music Group under president Chris McCarthy, with his exit. TimeWarner owns an incredible amount of television and film properties. The second merger between Viacom and CBS Corporation, creating the combined company ViacomCBS (now Paramount Global), was announced on August 13, 2019; the merger was completed on December 4, 2019.[11][12][13]. [33] Viacom and DirecTV reached an agreement on July 20 to return the interrupted programming. 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. 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