Viacom
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...media companies in the world. The diversified media conglomerate operates across every medium – from movies and television to radio, publishing, and the Internet. Viacom produces movies through Paramount Pictures and produces, distributes, and syndicates TV shows through Paramount Television.
Viacom formed two separate companies as of December 31, 2005. The two companies are now known as Viacom Inc. and CBS Corporation. Viacom Inc. has a separate portfolio than that of CBS Corporation.
CBS Corporation now consists of mass-media brands, which are led by two broadcast networks in CBS and UPN; the CBS television stations group; CBS Radio; the CBS, Paramount and King World television production and syndication operations; the well-known premium cable brand Showtime; as well as Viacom Outdoor, Paramount Parks and Simon & Schuster.
It is hope that this division of assets will help all of the separate entities, primarily Paramount Pictures turn their lack luster performance over the past three years around....
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