2019 merger of CBS and Viacom

2019 merger of CBS and Viacom

CBS Corporation logo before the merger
Viacom logo before the merger
ViacomCBS logo used from the merger until 2022
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.