ViacomCBS announced Tuesday that the company will become known as Paramount. ... 2022 / 6:08 PM EST / CBS ... launch of Paramount+ and two years since the successful merger of Viacom and CBS.

Over the last two and a half decades, CBS has gone through quite a number of parent company name and organizational changes. In 1995, the Westinghouse Electric Company bought CBS and renamed ...

Team, We could not be prouder of this incredible company. It has been one year since the spectacular launch of Paramount+ and two years since the successful merger of Viacom and CBS.

The new-model Paramount is also pouring money into content at a rate that neither Viacom nor CBS Corp. was able to do on its own prior to the re-merger of the Redstone media empire in late 2019.

Hitting all of the key notes in a survey of company assets, he emphasized sports and news, two areas of distinction. In addition to CBS News and prestige brands like 60 Minutes, he said ...

Because they were once part of one media company that was split into two, the newly reunited CBS and Viacom's assets fit together with little overlap. That little overlap includes TV production ...

After years of on-again, off-again merger talks, broadcast giant CBS Corp. and its corporate sibling Viacom Inc. finally agreed Tuesday to reunite in a $12 billion deal that will bring together ...

Our updated $58 fair value estimate for Paramount implies a price/earnings ratio of 16 times our 2022 earnings per share estimate and a 11 times enterprise value/adjusted EBITDA multiple.

Viacom and CBS reunion might be just the first step into a new frontier, as the two companies seek to recover from Sumner Redstone’s impulsive decision to split them up 13 years ago in a very ...

ViacomCBS is now Paramount but whatever you call the company today, it’s clearly going all-in on streaming. That push put Hollywood on notice — and Wall Street on edge.

ViacomCBS announced Tuesday that the company will become known as Paramount. "This is an exciting moment in the history of our company," president & CEO Bob Bakish and Shari Redstone, non ...