CBS Corporation

CBS Corporation
	Logo used from 2005 to 2019
	Headquarters at the CBS Building in New York City
Company type	Public
Traded as	NYSE: CBS.A (Class A); NYSE: CBS (Class B non voting);
Industry	Mass media
Predecessors	The first incarnation of Viacom;
Founded	December 31, 2005; 18 years ago
Defunct	December 4, 2019; 4 years ago
Fate	Merged with the second incarnation of Viacom
Successor	Paramount Global
Headquarters	CBS Building, New York City, U.S.;
Area served	Worldwide, with main operations in the United States and Australia
Key people	Strauss Zelnick; (interim chairman); Joseph Ianniello; (president and acting CEO);
Products	Movie production, TV production, broadcasting, cable television, record label, publishing, Internet
Revenue	US$ 14.514 billion (2018)
Operating income	US$ 2.768 billion (2018)
Net income	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
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;

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.

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]

Notes

↑ The Viacom-CBS split was structured in such a way that the first Viacom changed its name to CBS Corporation, while the second Viacom was an entirely spun-off company. For this reason, the rechristened CBS Corporation was actually the same company (Viacom) that was founded in 1986. The 1986 Viacom, in turn, was the successor to a previous company also known as Viacom and founded in 1971.

References

↑ "CBS Corporation Announces Launch Of CBS Experiences (CBSX), A New Live And Experiential Events Division". PR Newswire. Cision. June 12, 2018. Retrieved May 30, 2019.
↑ "US SEC: Form 10-K CBS Corporation". U.S. Securities and Exchange Commission. Retrieved February 25, 2018.
↑ Shivdas, Sanjana (December 4, 2019). "CBS, Viacom complete merger in a win for Shari Redstone". Reuters. Retrieved February 11, 2020.

[2] The Viacom-CBS split was structured in such a way that the first Viacom changed its name to CBS Corporation, while the second Viacom was an entirely spun-off company. For this reason, the rechristened CBS Corporation was actually the same company (Viacom) that was founded in 1986. The 1986 Viacom, in turn, was the successor to a previous company also known as Viacom and founded in 1971.

[1] "CBS Corporation Announces Launch Of CBS Experiences (CBSX), A New Live And Experiential Events Division". PR Newswire. Cision. June 12, 2018. Retrieved May 30, 2019.

[10-K_2017-3] "US SEC: Form 10-K CBS Corporation". U.S. Securities and Exchange Commission. Retrieved February 25, 2018.

[4] Shivdas, Sanjana (December 4, 2019). "CBS, Viacom complete merger in a win for Shari Redstone". Reuters. Retrieved February 11, 2020.

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