CBS Corporation

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CBS Corporation
Public
Traded asClass A NYSECBS.A
Class B NYSECBS
S&P 500 Component (CBS)
IndustryMass media
Predecessor
FoundedMay 3, 1971 (as Viacom International (Viacom Productions)) January 3, 2006 (2006-01-03)[N 1] (as CBS Corporation)
Headquarters
CBS Building, Manhattan, New York City
,
United States
Area served
United States
Key people
Sumner Redstone
(Executive Chairman)
Joseph Ianniello
(President and CEO)
ProductsTelevision, radio, publishing, broadcasting, movies and online services
Revenue
  • Increase US$ 15.284 billion (2013) [1]
  • Increase US$ 14.089 billion (2012) [1]
  • Increase US$ 3.259 billion (2013) [1]
  • Increase US$ 2.983 billion (2012) [1]
  • Increase US$ 1.879 billion (2013) [1]
  • Increase US$ 1.574 billion (2012) [1]
Total assets
  • Decrease US$ 26.387 billion (2013) [2]
  • Increase US$ 26.466 billion (2012) [1]
Total equity
  • Decrease US$ 9.966 billion (2013) [2]
  • Increase US$ 10.213 billion (2012) [1]
Number of employees
20,915 (2011)[3]
Parent National Amusements, Inc. (79%)
Divisions
Subsidiaries
Websitewww.cbscorporation.com

CBS Corporation is 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.

Notes[change | change source]

  1. The Viacom-CBS split was structured in such a way that the existing company (Viacom) changed its name to CBS Corporation, while the new Viacom is actually a newly founded spin-off company. For this reason, the newly rechristened CBS Corporation is 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[change | change source]

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 "CBS CORP 2013 Annual Report Form (10-K)" (XBRL). United States Securities and Exchange Commission. February 14, 2014.
  2. 2.0 2.1 "CBS CORP 2014 Q1 Quarterly Report Form (10-Q)" (XBRL). United States Securities and Exchange Commission. May 8, 2014.
  3. "2010 Form 10-K, CBS Corporation". United States Securities and Exchange Commission.