CBS Corporation
American mass media company (2005–2019) / From Wikipedia, the free encyclopedia
This article is about the media conglomerate in operation from 2005 to 2019. For the original CBS Corporation that operated from 1997 to 2000, see Westinghouse Electric Corporation. For the media conglomerate that acquired the first incarnation in 2000 and ceased operations in 2005, see Viacom (1952–2005).
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.
Quick Facts Company type, Traded as ...
Company type | Public |
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Industry | Mass media |
Predecessors |
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Founded | December 31, 2005; 18 years ago (2005-12-31) |
Defunct | December 4, 2019; 4 years ago (2019-12-04) |
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] |
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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]