![]() CBS Corporation logo before the merger | |
![]() Viacom logo before the merger | |
![]() ViacomCBS logo used from the merger until 2020 | |
Initiator | CBS Corporation |
---|---|
Target | Viacom |
Type | Merger |
Cost | US$15.4 billion |
Initiated | August 13, 2019 |
Completed | December 4, 2019 |
Resulting entity | ViacomCBS (now Paramount Global) |
The 2019 merger of CBS Corporation and Viacom was announced on August 13, 2019, and was completed on December 4, 2019. The merger of equals reunited CBS Corporation and Viacom into a single company known as ViacomCBS (today known as Paramount Global) after their separation from the first incarnation of Viacom on December 31, 2005. Both companies were owned by the theater company National Amusements, which remains the owner of the merged entity.
© MMXXIII Rich X Search. We shall prevail. All rights reserved. Rich X Search