[17][18] The merger closed in early December 2019. In 1987, Viacom bought MTV Networks, which owned MTV and Nickelodeon. 4Channel was originally known as VH1 MegaHits before being discontinued in July 2005 to facilitate Logo launch. Its headquarters are in New York, London, Warsaw, and Buenos Aires, and manages the following brands: MTV, VH1, Nickelodeon, Comedy Central, Channel 5, Network 10, Telefe and Colors. The company ran a virtual world system, Virtual MTV, in the late 2000s. In the fall of 2012, media analysts began to report that ratings among some of Viacom's leading brands in the U.S were experiencing declines in viewership. The second Viacom comprised Viacom Media Networks and Paramount Pictures, through which it operated approximately 170 networks and reached approximately 700 million subscribers in approximately 160 countries and growing. It also owns the popular web-based TV website Hulu. 7Channel was created by Warner-Amex Satellite Entertainment originally tested as Pinwheel until 1979 when it was officially launched as Nickelodeon. [10][11], In October 2018, Kevin Kay was announced to be leaving his position as head of the Entertainment Group. Viacom owns networks like MTV, Nickelodeon, Comedy Central, and Paramount Pictures, and CBS owns popular shows like Big Bang Theory, NCIS, and Survivor. ", "Viacom Unveils Five-Point Turnaround Plan (MESA)", "Viacom outlines five point turnaround plan", "Viacom Restructure: CMT, TV Land Moved to Kevin Kay's Global Entertainment Group", "Spike President On Channel's Rebranding As The Paramount Network", "Spike To Change Name & Become The Paramount Network In Viacom Rebranding", "Kevin Kay Exits Paramount Network as Viacom Reorganizes Cable Channels", "Viacom Acquires Free Streaming Platform Pluto TV for $340 Million", "Viacom Announces Completion of Pluto TV Acquisition", "Viacom Launching 14 Free Channels on Pluto TV, Sets Broad Digital Originals Slate", "Viacom will debut 15 channels on Pluto TV to bolster its upfront pitch", "Viacom, CBS Set to Merge in Early December", "Viacom-CBS Merger Now Expected to Close in 'Early December, "ViacomCBS shakes up its content leadership teams following merger", Viacom and CBS Announce Content and Digital Leadership, "ViacomCBS Shuffles Oversight of Pop TV, Bellator MMA Amid Post-Merger Restructuring (EXCLUSIVE)", "Smithsonian sells its stake in... the Smithsonian Channel", "Virtual MTV Launches Alpha of Browser-Based Experience", "MTV acquires Harmonix for USD $175 million", "A Glimpse Into Harmonix's Punk-Rock Design Process", "Exclusive: Titan Gaming Takes Xfire Off Viacom's Hands", "MTV Latin America Confirms Rock Band Thirty Seconds to Mars to Perform at MTV World Stage Mexico". 93-year-old media mogul Sumner Redstone's trust owns 80% of movie theater company National Amusements, which owns 80% of the voting rights in both Viacom and CBS. The media landscape used to be straightforward. [23] In October 2020, the Entertainment & Youth Group was renamed MTV Entertainment Group. National Amusements has an 80% voting majority and also owns the major company Viacom, the company behind Paramount Pictures, Comedy Central, MTV, Nickelodeon, BET, CMT, and VH1. Showtime Networks Inc. is an American entertainment company that oversees the company's premium cable television channels, including its flagship service Showtime. The two companies used to … In the 1980s, more than fifty companies owned the majority of television and radio stations and networks. Garfield was created by cartoonist, Jim Davis.. Who owns Garfield?. ViacomCBS Domestic Media Networks[1] (formerly known as MTV Networks and Viacom Media Networks) is an American mass media division of ViacomCBS that oversees the operations of many of its television channels and Internet brands. CBS Corporation and Time Warner each own 50% of the network. Ltd. is one of India's fastest growing entertainment networks and a house of iconic brands that offers multi-platform, multi-generational and multicultural brand experiences 5Channel originally owned by CBS, became part of MTV Networks when CBS merged with Viacom. Now things are up for grabs: Netflix buys stuff from the studios, but it’s making its own stuff, too, and it’s selling it directly to consumers. Listing of all companies (past and present) owned by ViacomCBS, a subsidiary of National Amusements. CBS News, owned by the CBS Corporation, is in turn owned by National Amusements. ViacomCBS International was founded in 1976 as Viacom International Inc. 18Channel was originally known as "Star Channel" until it was bought by Warner-Amex Satellite Entertainment before becoming "The Movie Channel" in 1979. and Time Warner's The Comedy Channel merged. These were MTV, Comedy Central, Nickelodeon, Nick Jr., BET, and Paramount Pictures. We have a global reach of more than 4.3 billion subscribers across more than 180 countries. In August 2019, Viacom announced that it would re-merge with CBS Corporation, reuniting the two entities under the new name ViacomCBS. 6Created as VH1 Country prior to Viacom/CBS merger. 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. The all-stock transaction is worth nearly $12 billion, which was the market capitalization of Viacom, the media company that owns MTV, Comedy Central, … Viacom President and CEO Bob M. Bakish will become the new CEO of ViacomCBS. So that 6th company is now Comcast. [19][20] Announced on November 11, 2019, as part of the re-merger, the Media Networks division was renamed ViacomCBS Domestic Media Networks, and reorganized. 16Established by Viacom's Showtime Networks in 1992, and later became part of CBS Corporation following Viacom's split in 2006. Select a media company below to begin. The company owns various mass media enterprises such as movie studios, television channels, music labels, and even a theme park. After closing, CBS shareholders will own approximately 61 percent of the new company, and owners of … Paramount Pictures Corporation (Filmed Entertainment), CBS Entertainment Group (TV Entertainment), Consumer Products, Recreation and Live Events, CBS Studios International and MTV Networks International/Viacom International Media Networks, also owned by CBS Studios and CBS Television Distribution, Learn how and when to remove these template messages, Learn how and when to remove this template message, List of broadcast stations owned by CBS Radio, "Sarah Babineau & Keith Cox Promoted To Top Creative Posts At ViacomCBS' Entertainment & Youth Unit, Jonas Larsen Exits", "Viacom, Hungry For Hits, Gobbles Garfield", "Viacom Acquires VidCon, Boosting Live Event and Digital Businesses", "ViacomCBS Networks International Acquires Israeli Producer and Pay-TV Firm Ananey", "Viacom International Media Networks Buys Majority Stake in Brazil's Porta dos Fundos", "CBS to launch UK channels with Chellomedia", "Straffi's Rainbow: Europe's Largest Animation House Has Growing Pains", "Red Ventures Announces Closing of Acquisition of CNET Media Group", "Blue Ant Media Announces Global Networks Division To Be Led By Ward Platt In Newly Created Role CEO, Global Networks & Kids", "ViacomCBS to Sell Simon & Schuster to Penguin Random House for $2.175 Billion", "Global Publishing Leaders 2016: Simon & Schuster", "Media Companies Join to Extend the Brands of YouTube Stars", "Review aggregator site GameRankings is shutting down", https://en.wikipedia.org/w/index.php?title=List_of_assets_owned_by_ViacomCBS&oldid=1000636743, Short description is different from Wikidata, Articles needing additional references from August 2017, All articles needing additional references, Wikipedia articles that are excessively detailed from August 2017, All articles that are excessively detailed, Wikipedia articles with style issues from August 2017, Articles with multiple maintenance issues, Creative Commons Attribution-ShareAlike License, 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, Paramount Worldwide Television Licensing & Distribution, CBS Educational and Professional Publishing – sold to, CBS Outdoor International – sold to Platinum Equity in 2013, Multi Channel Network – 24.99% stake held by Ten Network Holdings sold to. InsideView Company Profile: Showtime Networks, Inc. CMT was transferred from the Entertainment Group to the Music Group under president Chris McCarthy, with his exit. Since Disney won a bidding war for 21st Century Fox, why can't Comcast buy Viacom (except for the 50% of Paramount Pictures) from National Amusements instead? InterStar Releasing (51% controlling stake), Viacom Music – music publisher affiliated with BMI, Simon451 – speculative fiction and fantasy imprint, DreamWorks Distribution, LLC – theatrical distribution arm of DreamWorks Pictures and DreamWorks Animation, DW Funding LLC – library holder of live-action DreamWorks films, Melange Pictures, LLC – library holder of, Wilshire Court Productions – made-for-TV movie division; library sold to CBS Corporation in 2006, George Cheeks (CEO, CBS Entertainment Group), This page was last edited on 16 January 2021, at 00:43. It is a subsidiary of ViacomCBS Domestic Media Networks. His daughter, Shari Redstone, has effectively controlled Viacom … Who Owns Mainstream Media Newspapers? The company was established in 1983 as Showtime/The Movie Channel, Inc. after Viacom and Warner-Amex Satellite Entertainment (now ViacomCBS Domestic Media Networks) merged their premium channels, Showtime and The Movie Channel respectively, into one division. In 1985, Warner sold its half-interest to Viacom, making the company a wholly owned subsidiary of Viacom. In terms of websites, Viacom owns, of course, Nick.com. In 1988, the company was renamed Showtime Networks Inc.[35], On March 1, 1994, a partnership between Showtime Networks and Home Box Office, Inc. (parent of HBO and Cinemax) implemented a cooperative content advisory system that was initially unveiled across Showtime, The Movie Channel and the HBO properties that would provide specific content information for pay-cable subscribers to determine the suitability of a program for children. Viacom owns Paramount Pictures, BET, Nickelodeon, … The character became part of Viacom/Nickelodeon in August 2019, after Viacom acquired the rights to Paws, Inc – the company that owns comic book characters, Garfield and U.S. Labels are assigned to each program at the discretion of the participating service. The Cox Media Group Division today owns the Journal-Constitution and six other daily newspapers, more than a dozen non-daily publications, 14 broadcast television stations, one … 11Channel was originally known as The N before being rebranded as TeenNick in 2009. Viacom also owns a host of radio stations, some popular amusement parks of the world, the popular publishers Simon and Schuster and yes, even the Madison Square Garden. Controlling stock in the company is owned by a private company called National Amusements. Revenue at Viacom's cable networks rose 16.5% last year, though this is likely to slow. Sumner Redstone, who built National Amusements into a media empire, died Tuesday at 97. Colors Bangla; Colors Gujarati; Colors Infinity; Colors Marathi; Colors Super; Colors Rishtey; Colors Cineplex; Viacom 18 Studios; The Indian Film Company; Voot; Rainbow S.r.l. MTV, VH1, CMT and Logo were reorganized into the "Entertainment & Youth Group",[21] with the addition of Comedy Central, Paramount Network, Smithsonian Channel, and TV Land. Acres (aka Orson’s Farm). [5][6][7][8] 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. It is a subsidiary responsible for copyrights and trademarks associated with its corporate websites and its cable networks, specifically the Domestic Media Networks division, and the division which licenses the product rights for Both CBS and Viacom (see below) are owned by multi-billionaire Sumner “content is king” Redstone, through his holding company, National Amusements. The joint dates back to 1991, when HA! That means a gadzillionaire controls everything that you will read or see on TV. Other parts of the media industry are growing more quickly. In January 2006, the remnants of Warner-Amex Satellite Entertainment (MTV Networks and Showtime Networks) were separated following Viacom's split into two entities: CBS Corporation, which took retained Showtime Networks (Showtime, The Movie Channel, and Flix), and a spun-off company under the Viacom name, which took ownership of Paramount Pictures and MTV Networks. 17Channel was formerly Showtime Beyond from 1998 and was discontinued on July 15, 2020. From their web site: ABOUT VIACOM . CBS owns 50% of The CW, publishing company Simon & Schuster, Inc., Pop TV cable channel, and Showtime Networks. Garfield is owned by Viacom – the parent company of Nickelodeon. In 2001, Viacom purchased Washington-based Black Entertainment Television, and integrated it into MTV Networks, which later separated BET from MTV to a new group BET Networks. Reuters owns the AP and Rothschilds own Reuters. The company ran a virtual world system, Virtual MTV, in the late 2000s. 8Channel was originally known as Noggin before being rebranded as Nick Jr. in 2009. GE’s media holding includes television networks NBC and Telemundo, 27 television stations in the United States and many cable TV networks, including the History Channel, A&E, and Sci Fi Channel. Viacom is an independent business. CBS News, owned by the CBS Corporation, is in turn owned by National Amusements. [3][4] MTV, Comedy Central and Nickelodeon were of most concern to investors as the three account for roughly 50% of Viacom's operating profit, estimated David Bank of RBC Capital Markets. 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. 3Originally TNN from 1983 to 2003 (as The Nashville Network until 1997; as The National Network until 2003) and was known as Spike until January 2018. [25] It formerly owned Neopets, Atom Entertainment, RateMyProfessors.com, and other web properties before shutting them down or selling them to other companies in the 2000s and 2010s. As a leading global entertainment content company, we know what our viewers want and proudly deliver it across the globe through television, motion pictures and a wide range of digital media. American cable television division of ViacomCBS, MTV Networks Begins after Warner-Amex (1985–1987), Viacom splits CBS and spun-off Viacom (2006–2019), Viacom re-merged with CBS to become ViacomCBS (2019–present), Learn how and when to remove this template message, "Viacom-CBS Merger Done Creating Larger TV Company", "BUSINESS PEOPLE ; A Chief Is Named By MTV Networks", "MTV has big ratings issue, analyst warns", "Viacom CEO Supports Paramount And Non-Core Networks – But For How Long? Know something we don't about Who Owns What? In 2017, Viacom announced a five-point restructuring plan, in which the company would pour most of its resources behind six "flagship brands". In 2005, the company announced plans of looking into splitting into two publicly traded companies under the continuing ownership of National Amusements because of a stagnating stock price. GE does not own NBC (or Comcast or any media) anymore. Now, only six conglomerates control most of the broadcast media in the United States: CBS Corporation, Comcast, Time Warner, 21st Century Fox (formerly News Corporation), Viacom, and The Walt Disney Company. CJR's guide to what the major media companies own.. Interview: Viacom International Media Networks President and CEO Dave Lynn discusses marketing U.S. shows abroad, whether digital is killing television, and how … [26] The two subsequently collaborated on the creation of Rock Band. In late 2019, Viacom merged with CBS Corporation to form ViacomCBS. Launched in 1995, the website mainly serves as an online portal for Nickelodeon content, offering online … Both CBS and Viacom (see below) are owned by multi-billionaire Sumner “content is king” Redstone, through his holding company National Amusements. Horror Channel (joint venture with AMC Networks International UK) Viacom 18 (49%; co-owned with TV18) Viacom 18 US; Viacom 18 Media Colors. These are the 6 media companies that exist today. It formerly owned Neopets, Atom Entertainment, RateMyProfessors.com, and other web properties before shutting them down or selling them to other companies in the 2000s and 2010s. Showtime was established in 1976, and The Movie Channel was established in 1973 as Star Channel, and relaunched under its current name in 1979. After the departure of Mel Karmazin in 2004, Redstone, who served as chairman and chief executive officer, decided to split the offices of president and chief operating officer between Moonves and Freston. ViacomCBS is a publicly traded company, owned by shareholders. Through its Domestic Media Networks division, ViacomCBS also owns internet properties, such as MTV News and AwesomenessTV. Executive Kent Alterman would take charge of Paramount Network and TV Land to go with his current leadership of Comedy Central and Bellator MMA. Viacom acquired MTV Networks in 1987. Through its Domestic Media Networks division, ViacomCBS also owns internet properties, such as MTV News and AwesomenessTV. Viacom Founded : 2006 Founder : Sumner Redstone CEO : Philippe Dauman Industry : Media Sector : Public Country : USA Website : Viacom.com CBS and Viacom got together again in 1999 thanks to Media Mogul Sumner Redstone. CBS Consumer Products — Licensing and merchandising unit focused on the United States market, founded in 2009. In 2000, following Viacom's acquisition of CBS Corporation, The Nashville Network and CMT, the two channels owned by CBS by that time, became part of MTV Networks, with The Nashville Network becoming The National Network. 9Channel was originally known as MTV Hits before being rebranded as NickMusic on September 9, 2016. Viacom bought CBS in 1999 for $36.5 billion, in a deal that CNN at the time predicted would "bring the network … On February 1, 2016, the channel was rebranded as MTV Live. [31], In 2011, Viacom established a in-house studio known as 345 Games, which is dedicated primarily to developing games based on Comedy Central and MTV properties.[32]. Update 7/8/08: A&E is co-owned by The Hearst Corporation and ABC, which in turn is owned by Disney. Viacom controls over 160 networks that reach … Among Viacom’s many media holdings on cable television are VH1 and MTV. CBS Corporation retained the over-the-air broadcasting, television production, pay television subscription service, and publishing assets, which were previously owned … 10Channel was originally known as Nicktoons TV until 2003 when it was rebranded as Nicktoons which was rebranded again as Nicktoons Network in 2005 and finally rebranded yet again as Nicktoons once more in 2009. Viacom is taking steps toward offering advertisers guarantees for the social media impact it can give them. 2Channel started as Ha!, merged with HBO's The Comedy Channel the following year, became fully owned by Viacom in 2003. Viacom18 Media Pvt. 15Previously owned by CBS Corporation, and prior to 2019, half of the share owned by Lionsgate. Image: ©Paws, Inc/Viacom. This led to Viacom becoming a mass media company rather than simply a distribution company. With the cable communications alone, Viacom reaches out to as many as 170 networks in … Who owns the media. Who created Garfield?. The all-stock deal is structured as an acquisition of Viacom by CBS. [36] A revised system—centered around ten content codes of two to three letters in length—was implemented across the Showtime Networks and Home Box Office services on June 10, 1994.[37]. Its related international division is ViacomCBS Networks International. Redstone was set to retire in the near future, and a split would be a creative solution to the matter of replacing him. Viacom connects with our diverse audiences everywhere they are. Viacom is one of America’s largest media conglomerates. Channel 5 is wholly owned by Viacom International Media Networks, a division of Viacom Inc. Viacom International Media Networks is comprised of many of the world’s most popular multimedia entertainment brands, including MTV, Nickelodeon, Comedy Central, BET, Paramount Channel, VH1, VIVA, COLORS and Tr3s: MTV, Musicá y Mas. There used to be 88. Viacom. Viacom International Media Networks The Americas, a unit of Viacom Inc. (NYSE: VIA, VIA.B), owns and operates the company's portfolio of entertainment brands, which include MTV, VH1, Nickelodeon and their respective properties in Spanish speaking … In 1984, American Express sold their interest in Warner-Amex to Warner Communications (now WarnerMedia) making Warner the new half-owner of Showtime/TMC. [28], In 2010, Harmonix was divested to an investment firm to become an independent studio,[29][30] and Xfire was sold. Viacom International Media Networks (VIMN) has announced Chris Rose as the new vice president of International Animation Production & Development for Nickelodeon. 20Channel was originally known as Music: High Definition (MHD) before being rebranded as Palladia on September 1, 2008. 13Channel was originally co-owned by CBS Corporation through Showtime Networks and the Smithsonian Institution until November 7, 2019, when the Institution sold its equity interest to Showtime.[24]. We have a global reach of more than 4.3 billion subscribers across more than 180 countries. Tribune Broadcasting (which previously owned a 25% stake on The WB) and CBS Corporation will contribute its stations as new network affiliates. National Amusements has an 80% voting majority and also owns the major company Viacom, the company behind Paramount Pictures, Comedy Central, MTV, Nickelodeon, BET, CMT, and VH1. The internal rivalry between Les Moonves and Tom Freston, longtime heads of CBS and MTV Networks respectively, and the controversy of Super Bowl XXXVIII halftime show, which resulted in MTV being banned from producing any more Super Bowl halftime shows, were also seen as factors. In 2006, Viacom acquired Harmonix, a video game studio oriented towards music video games and the original developer of the Guitar Hero franchise, for $175 million. The following is a list of major assets that are owned by ViacomCBS. The development of the system—inspired by the advisory ratings featured in Showtime and The Movie Channel's respective program guides and those distributed by other participating premium cable services—was in response to concerns from parents and advocacy groups about violent content on television, allowing the Showtime Networks and other services to assign individual ratings corresponding to the objectionable content depicted in specific programs (and categorized based on violence, profanity, sexuality or miscellaneous mature material). Our brands are #1 in key U.S. target demos, including total audience, kids, adults, African-Americans and Hispanics. The all-stock transaction is worth nearly $12 billion, which was the market capitalization of Viacom, the media company that owns MTV, Comedy Central, … [27] That year, Viacom also acquired the gaming-oriented communications platform Xfire. MTV Networks was renamed Viacom Media Networks in 2011. In 2003, Comedy Central became part of MTV Networks after Viacom's acquisition of the remaining shares of the latter from Time Warner. These 6 all get their news from Reuters and the Associated Press. Through a history of mergers and acquisitions, these companies have … 19Channel was originally known as VH1 Smooth before being relaunched as VH1 Classic Rock on August 1, 1999. The split was approved by Viacom's board on June 14, 2005. The Cox Media Group Division today owns the Journal-Constitution and six other daily newspapers, more than a dozen non-daily publications, 14 broadcast television stations, one … 1Channel was created by Warner-Amex Satellite Entertainment originally tested as Sight on Sound until 1981 when it was officially launched as MTV. It owns the CBS and UPN broadcast networks, Simon & Schuster publishing, Paramount Studios, and more than 200 radio and television stations, including many in major markets. Will relaunch as Paramount Movie Network in 2021. Viacom currently operates about 170 networks… 14Channel was originally a block on Nick at Nite. [9] 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. BET Networks was merged with Showtime Networks under CEO David Nevins, who also temporarily gained oversight of Pop TV;[22] Pop TV was transferred to the Entertainment & Youth Group on January 15, 2020. [12], In 2019, after acquiring the free streaming service Pluto TV, Viacom would launch several channels on the service branded after its Media Networks and company-owned IP.[13][14][15][16]. ViacomCBS Networks International is the sibling division of Domestic Media Networks. SNI, along with CBS, The CW (formerly UPN), Viacom Outdoor, Spelling Television, CBS Television Studios (formerly CBS Productions, Paramount Television and CBS Paramount Television), CBS Television Distribution (formerly Paramount Domestic Television, CBS Paramount Domestic Television and KingWorld), CBS Studios International (formerly CBS Paramount International Television), Simon & Schuster and other entities became part of CBS Corporation when CBS officially split from Viacom in December 2005, but it eventually re-merged with CBS to transform into the new ViacomCBS in early December 2019. The company was founded in 1985 by Warner Communications and American Express after those two companies decided to divest the basic cable assets of Warner-Amex Satellite Entertainment, renaming it as MTV Networks, Inc.[2] Warner-Amex had originally created and owned Nickelodeon, MTV, VH1 and The Movie Channel. Drop us a line at [email protected]. The network is the result of a merger of The WB (a Warner Bros. holding) and UPN (a CBS Corporation holding). Massive corporations dominate the U.S. media landscape. Formerly known as TVGN, and TV Guide Network. Our brands are #1 in key U.S. target demos, including total audience, kids, adults, African-Americans and Hispanics. 1985 also saw the pay-per-view service Viewer's Choice become part of the operation; it merged with rival PPV service Home Premiere Television in 1988, and Viacom ceded control to the cable companies that owned HPT (Viacom still held a stake until the 1990s). Variety June 7, 2001 25 memorable moments in Showtime's 25-year history, "Cable Leaders to Develop Violence Ratings", "Premium Cable Channels Adopt Content Labels", https://en.wikipedia.org/w/index.php?title=ViacomCBS_Domestic_Media_Networks&oldid=1000701397, Cable network groups in the United States, Broadcasting companies of the United States, Articles that may contain original research from March 2020, All articles that may contain original research, Short description is different from Wikidata, Articles needing additional references from November 2019, All articles needing additional references, Creative Commons Attribution-ShareAlike License, Viacom is spun off from CBS as a separate company, Showtime/The Movie Channel, Inc. (1983–1988), Chris McCarthy (President; MTV Entertainment Group), ViacomCBS Networks Southern Europe, Middle East and Africa, George Cheeks (CEO, CBS Entertainment Group), This page was last edited on 16 January 2021, at 08:09. Viacom bought MTV Networks, which in turn is owned by CBS became... 1987, Viacom bought MTV Networks, which owned MTV and Nickelodeon 1991. Entertainment Group rose 16.5 % last year, became part of MTV Networks when CBS merged with Viacom Hits being... Together again in 1999 thanks to Media Mogul Sumner redstone [ 23 ] in October 2020 the! To 2019, Viacom bought MTV Networks was renamed Viacom Media Networks division, ViacomCBS also the! Express sold their interest in Warner-Amex to Warner communications ( now WarnerMedia ) making Warner the new president. It would re-merge with CBS Corporation, is in turn owned by Lionsgate the... Companies own renamed MTV Entertainment Group to the matter of replacing him August 2019, bought. Companies own 2016, the channel was rebranded as Nick Jr. in 2009 Definition ( MHD ) before rebranded. A global reach of more than 4.3 billion subscribers across more than 180 countries started... 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