Company Name | Cbs Corporation |
---|---|
Website | www.cbscorporation.com |
Snippet | CBS Corporation was an American multinational media conglomerate with interests primarily in commercial broadcasting, publishing, and television production which was formed as the legal successor to the first incarnation of Viacom on January 1, 2006. It was one of two companies which succeeded the first Viacom, alongside the second incarnation of Viacom; both were controlled by National Amusements, a theater company controlled by billionaire Sumner Redstone. The spin-off was structured so that CBS Corporation would be the legal successor to the first Viacom, with the second Viacom being an entirely separated company.[3] |
Fate | Merged with Viacom (2005–2019) |
ISIN | US1248572026 |
Owner | National Amusements (80% voting power) |
Defunct | December 4, 2019; 3 months ago (2019-12-04) |
Founded | 2006 |
Revenue | US$ 14.514 billion (2018) |
Website | www.cbscorporation.com (archived Dec 4, 2019) |
Industry | Mass media |
Products | Movie production, TV production, broadcasting, cable television, record label, publishing, Internet |
Divisions | CBS EntertainmentCBS Cable NetworksCBS PublishingCBS Local MediaCBS Experiences[1] |
Successor | ViacomCBS |
Traded as | NYSE: CBS.A (Class A), NYSE: CBS (Class B non voting) |
Key people | Strauss Zelnick(interim chairman)Joseph Ianniello(president and acting CEO) |
Net income | US$ 1.960 billion (2018) |
Area served | Worldwide, with main operations in the United States and Australia |
Former type | Public |
Headquarters | CBS Building, New York City, New York, US |
Predecessors | Viacom (1952–2006), Westinghouse Electric Corporation |
Subsidiaries | CBSCBS InteractiveCBS RecordsCBS Sports NetworkCBS Television DistributionCBS Television StudiosWestinghouse LicensingShowtime NetworksSimon & SchusterDigital assets of TV GuideThe CW (50%)Pop TVEntercom (72%) |
Total assets | US$ 21.86 billion (2018) |
Total equity | US$ 2.80 billion (2018) |
Operating income | US$ 2.768 billion (2018) |
Number of employees | ~12,700 (2017) |
Cbs Corporation is part of the United States company list
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