Viacom Essay

1057 Words5 Pages
Viacom formed when FCC rules had forced CBS to spin off some of its cable TV and program operations, this happened in 1971. Viacom then buys WAST-TV in 1979, in 1985 Blockbuster Video is founded, in 1981 the NAI buys majority interest ( Sumner Redstone owns this), in 1994 Viacom announces multi-transponder, multi-satellite agreement with PanAmSat. Also in 1994 Viacom and Paramount announces 8.4 billion dollar merger, Viacom then sells its 33% share of Lifetime. In 1995 Viacom spins off its cable systems for Tele-communications, in 1999 Viacom bought CBS for 50 billion dollars. There are other acquisitions and selling’s through which Viacom became so large, but I did not include every little thing.…show more content…
MTV: Music Television, the world’s most widely distributed television network, reaches nearly four hundred-five million subscribers in one hundred sixty-four countries and territories. Nickelodeon serves one hundred seventy-eight million subscribers worldwide localized channels, and individual programs. VH1 reaches more than one hundred thirteen million subscribers around the world, and Comedy Central reaches more than eighty-six million subscribers in all fifty states and U.S. territories. Other services include CMT: Country Music Television, Nick at Nite, TV Land, and The Digital Suite from MTV Networks.
BET is the Black Entertainment Television, the largest national cable network serving African-Americans, reaching more than eighty-nine million U.S. subscribers; BET on Jazz: The Jazz Channel, the country’s only 24-hour network devoted to jazz music; BET Gospel and BET Hip Hop, newly launched digital networks; BET Books; BET Pictures, which produces made-for-TV movies and documentaries; and BET.com, the leading online destination for African-Americans.
The Viacom Television Stations Group consists of thirty-nine television stations, reaching fifteen of the top twenty television markets in the United States. The division includes twenty owned-and-operated CBS stations, eighteen UPN stations and one independent station. The CBS Television Stations Division has eight major markets, including Boston, Dallas,
Get Access