Viacom Wikipedia. Viacom Inc. Public. Traded as. Industry. Mass media. Predecessors. Viacom originalGulfWestern. Paramount Communications. Founded. December 3. Founder. Sumner Redstone. Headquarters. One Astor Plaza, Manhattan, New York City, New York, U. S. Columbia Square, Hollywood, California, U. S. Area served. Worldwide. Key people. Sumner RedstoneChairman EmeritusThomas J. The MerchandiseDriven show, otherwise known as the halfhour toy commercial, is not merely a television show or other work with a line of toys licensed. South Park The Fractured But Whole Mysterion Vinyl Figure Kidrobot South Park Vinyl Figures From the creators of South Park and the sequel to 2014s award. MayChairmanRobert BakishPresident and CEOProducts. Cable television, broadcasting, radio, publishing, movies, and web portals. Revenue US1. 2. 4. Get in the fighting spirit with our list of the best Dragon Ball Z video games. Its time to rank them all from worst to best. How To Watch Open Season 3 Movie. UgBCIgBQw/hqdefault.jpg' alt='Whole Nicktoons Movie Online ' title='Whole Nicktoons Movie Online ' />US2. Profit US1. 4. 38 billion 2. Total assets US2. Total equity US4. Owner. National Amusements 8. Number of employees. Divisions. Viacom Media Networks. Viacom International Media Networks. Subsidiaries. Bellator MMABET Networks. Defy Media 7Paramount Pictures. Rainbow S. r. l. 3. Viacom 1. 8 5. 0Viacom International. MTVNickelodeon. Websitewww. Viacom Inc. VY kom is an American multinationalmedia conglomerate with interests primarily in cinema and cable television. It is currently the worlds sixth largest broadcasting and cable company in terms of revenuebehind Comcast, The Walt Disney Company, Time Warner, 2. Century Fox and CBS Corporation. Voting control of Viacom is held by National Amusements, Inc., a privately owned theater company controlled by the billionaire Sumner Redstone. Redstone also holds via National Amusements a controlling stake in CBS Corporation. The current incarnation of Viacom was created on December 3. Viacom, which was renamed as CBS Corporation after the spin off. CBS Corporation currently retains control of the over the air broadcasting, TV production, subscription pay television with Showtime Networks and publishing assets with Simon Schuster, which were previously owned by the original Viacom. Predecessor firms of the original Viacom included GulfWestern which later became Paramount Communications and Westinghouse Electric Corporation. Comprising BET Networks, Viacom Media Networks and Paramount Pictures, the current Viacom operates approximately 1. HistoryeditEarly yearseditIn March 2. Viacom announced plans of looking into splitting the company into two publicly traded companies because of a stagnating stock price and the rivalry between Leslie Moonves and Tom Freston, longtime heads of CBS and MTV Networks respectively. In addition, the company was facing issues after MTV was banned from producing any more Super Bowl halftime shows after the Super Bowl Halftime Show controversy of 2. After the departure of Mel Karmazin in 2. Sumner Redstone, who served as chairman and chief executive officer, decided to split the offices of president and chief operating officer between Moonves and Freston. Redstone was set to retire in the near future, and a split was seen as a creative solution to the matter of replacing him. It was also intended to provide alternative investments that would be more appealing to investors one a high cash flow, lower growth company that could afford to pay a substantial dividend and the other a growing company that would have greater investment opportunities and therefore would not be expected to pay a dividend. A new company, the present Viacom, was created and was headed by Freston. It comprises BET Networks, MTV Networks, and Paramount Pictures Corporation. In June 2. 00. 5, Viacom announced its purchase of Neopets, a virtual pet website, along with Game. Trailers, Go. City. Kids, and IFILM. That December, Paramount announced it would acquire Dream. Works. All indications were that the whole of Dream. Worksboth live comedy film and TV studios, albeit not the Dream. Works archive which was sold to a group led by George Soros in March 2. Viacom, even though CBS acquired Paramounts own TV studio. On February 1, 2. Paramount completed its long awaited acquisition of Dream. Works. On April 2. Viacom obtained Xfire. In August, just hours before announcing its most recent quarterly earnings, Viacom announced that it had acquired Atom Entertainment for 2. In September, Viacom acquired game developer Harmonix for 1. In February 2. 00. Viacom ordered leaked copyrighted video clips be taken off the videosharing service You. Tube for copyright reasons. On February 2. Viacom publicly announced they would be offering free online access to their own material through Silicon Valleys distributor Joost thanks to a thorough content licensing deal. On May 2. 1, 2. 00. Viacom entered into a 5. Indian media company Network 1. Viacom 1. 8 which will house Viacoms existing channels in India MTV, VH1 and Nick as well as Network 1. Bollywood movie business. All future Viacom content for India and new ventures such as a Hindi entertainment channel and a Hindi movie channel would be housed in this joint venture. On December 1. 9, 2. Viacom signed a five year, 5. Microsoft that included content sharing and advertisement. The deal allowed Microsoft to license many shows from Viacom owned cable television and film studios for use on Xbox Live and MSN. The deal also made Viacom a preferred publisher partner for casual game development and distribution through MSN and Windows. On the advertisement side of the deal, Microsofts Atlas ad serving division became the exclusive provider of previously unsold advertising inventory on Viacom owned web sites. Also, Microsoft purchased a large amount of advertising on Viacom owned broadcasts and online networks. Finally, Microsoft will also collaborate on promotions and sponsorships for MTV and BET award shows, two Viacom owned cable networks. On December 4, 2. Viacom announced layoffs of 8. At the end of the year, Time Warner Cable along with partner Bright House Networks and Viacoms MTV Networks could not come to terms for the renewal of any Viacom channel beyond the end of year. Time Warner Cables operations include New York City and Los Angeles, with Bright House including the Tampa Bay and Orlando markets, both top 2. This blackout was narrowly avoided when a zero hour deal was reached shortly after 1. Midnight ET on January 1, 2. On December 7, 2. Viacom sold its stake in MTV Brasil to Grupo Abril along with rights to the brand. Details on the deal were not disclosed. On May 5, 2. 01. 0, The Hollywood Reporter revealed that Viacoms Comedy Central is developing a whole animated series around Jesus Christ who, according to the network, wants to escape the shadow of his powerful but apathetic father. In February 2. 01. Hulu and Viacom announced the return of The Daily Show with Jon Stewart and The Colbert Report to Hulu, along with shows from the Viacom library. Nickelodeons shows are not part of this deal. Also that month, Viacom invested in Rainbow S. Italian childrens animated and consumer products company best known for the Winx Club franchise. Later, in October 2. Viacom purchased a majority stake in Bellator Fighting Championships. Spike TV started to air Bellator in 2. UFC Ultimate Fighting Championship library ended in 2. On December 1, 2. New York Stock Exchange and began listing its securities on NASDAQ instead. The stock ticker symbols are the same as that used while the company was on the NYSE. On July 1. 0, 2. 01. U. S. satellite TV provider, Direc. TVs executives approached Viacom with a new proposal and a request to continue broadcasting 1. Viacoms television networks including Nickelodeon, MTV, Logo, and Comedy Central during talks, but received no response and thus Viacom ceased transmission to Direc. TVs 2. 0 million subscribers. On July 1. 1, in a counter response to Direc. TV advising its subscribers to view original programming from the affected networks online, Viacom scaled back access to recent episodes of Viacom owned program content available to the websites of its networks. Viacom described this as a temporary slimdown until a new carriage deal with Direc. TV was reached. 2. Viacom and Direc. TV reached an agreement on July 2.