Viacom Essay

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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, 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,

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