Paramount, Inc.

ViacomCBS, Inc. is an American multinational mass media conglomerate with interests primarily in film commercial broadcasting, publishing, and television production, which was formed as a merger between the second incarnation of Viacom and CBS Corporation, the two companies that succeeded the original Viacom, on December 25, 2019. It operates approximately 170 networks and reaches approximately 700 million subscribers in approximately 160 countries.

The company's main assets include the Paramount Pictures film studio, CBS Television (consisting of the CBS broadcast network, a 50% interest in The CW network and other CBS-branded properties including television studios and broadcast TV stations), ViacomCBS Entertainment (consisting of cable networks; MTV, Nickelodeon, BET, ect., international networks and digital media), Showtime Networks (consisting of premium-tier cable networks including the namesake Showtime network) and ViacomCBS Products and Experiences (consisting of publishing company Simon & Schuster and the company's consumer products, licensing and recreational assets including Bellator MMA and Kickboxing). In addition, it owns Australian broadcasting company Ten Network Holdings.

The company is currently the world's sixth largest media company in terms of revenue, and is headquartered at One Astor Plaza in Midtown Manhattan, New York City.

Background
The original Viacom was created in 1952 as the television syndication division of CBS, and was spun off in 1971. In 1999, Viacom acquired its former parent, by this time also named CBS Corporation (formerly Westinghouse Electric). In January 2006, Viacom was spun off into two entities, CBS Corporation and the present-day Viacom.

Key personnel

 * Shari Redstone, Chairwoman
 * Robert Bakish, President and CEO
 * Joseph Ianniello, President, CBS Television
 * Bruce Gillmer, President, ViacomCBS Entertainment
 * Jim Gianopulos, President and CEO, Paramount Pictures