VIACOM Colton, Thomas, Tyler, and Dan

What is Viacom? Short for “video and audio communications” is a leading global entertainment content company

What is Viacom? The original Viacom began as CBS films, inc. in 1952 In 1970 CBS films, inc. was “spun-off” (or split) and renamed Viacom

History 1971 On June 4, 1971, Viacom completes the spin- off from Columbia Broadcasting System, Inc., (CBS) and establishes itself as a public company.

History 1983 Viacom forms a joint venture with Warner Communications inc. “Showtime/The Movie Channel”. – This meant that “Showtime” and “the movie channel” were merged creating “Showtime/The Movie Channel”.

History 1985 – Viacom obtains 66% of MTV Networks 1986 – The rest of MTV Networks are purchased for $185,000

History 1994 – Viacom completes a $9.9 billion merger with Paramount Communications Inc.

History 2000 – Viacom completes a $39.8 billion merger with CBS Corporation

History 2001 – Acquisition of BET is completed for $3 billion

History 2005 – Viacom and CBS Corporation separate

The Division!

The New Viacom High Growth Businesses MTV Networks BET Networks Paramount's movie studio Paramount Pictures' home entertainment operations Tom Freston

The new CBS Slow growth businesses CBS The CW (a merger of UPN and The WB), CBS Radio Simon & Schuster CBS Outdoor (formerly Viacom Outdoor), Showtime CBS Television Studios CBS Television Distribution CBS Studios International Les Moonves

Bye In 2006 Redstone fired Tom Freston and named Philippe Dauman the new head of Viacom.