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as " Paramount "), effective February 16 , bringing together its leading portfolio of premium entertainment properties under a new parent company name. "Paramount is an idea: A promise to be the best," said Shari Redstone , Non-Executive Chair of the company's Board of Directors. "That promise has
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Feb. 16, 2022, 10:25 AM. ViacomCBS (NASDAQ:VIAC) has rebranded itself as Paramount Global, effective Feb. 17, and will be traded under the new ticker symbols "PARAA" for Class A shares and ...
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Paramount Global (also known simply as Paramount) is an American diversified multinational mass media and entertainment conglomerate controlled by National Amusements and headquartered at One Astor Plaza in Times Square, Midtown Manhattan.The company was formed on December 4, 2019, as ViacomCBS through the merger of the second incarnations of CBS Corporation and Viacom (which were split from ...
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In 2019, our domestic streaming and digital video business - which includes subscription revenue and digital video advertising - delivered approximately $1.6B billion in revenue, which we expect to grow between 35 to 40 percent this year. Of course, the opportunity is much, much larger. Our go-forward streaming strategy is rooted in the ...
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Two years after the merger of Viacom and CBS, the company is now changing its name to Paramount in an effort to better represent their brand.
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In a three-hour event from the Paramount lot on Wednesday, ViacomCBS provided the first details for the company's nascent streaming plans for Paramount+, which launches March 4.
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New details about Paramount+ were unveiled during the ViacomCBS Streaming Event presentation, including an expansive slate of over 50 exclusive original series across scripted dramas, kids and family, reality, comedy, music, sports, news and documentaries that are set to premiere on the service in the next two years, including 36 arriving in 2021.
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But to quickly get us back to 2022—in 1999, Viacom bought CBS, its former parent company. They split again in 2006, and then merged in 2019 to become ViacomCBS, which had been their name for ...
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ViacomCBS is rebranding to become Paramount Global, effective February 16, the latest giant pivot in a rapidly transforming media and entertainment landscape. The new name nods to the company's ...
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The second logo for ViacomCBS Domestic Media Networks. Paramount Media Networks [1] (founded as MTV Networks in 1984 [2] and known under this name until 2011; thereafter known as Viacom Media Networks until 2019; then known as ViacomCBS Domestic Media Networks until 2022) is an American mass media division of Paramount Global that oversees the ...
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