Contents 1 Background 2 History 2.1 2008 2.2 2013 2.3 2014 2.4 2017 2.5 Possible re-merger with Viacom 2.6 Possible acquisition of Lionsgate with Viacom 3 Corporate governance 4 Assets 5 See also 5.1 Notes 6 References 7 External links


Background[edit] Main article: Viacom (original) Viacom was created in 1971 as the television syndication division of CBS, and was spun off in 1971. However, in 1999, Viacom acquired its former parent, by this time also named CBS Corporation, formerly Westinghouse Electric. The prior CBS Corporation also owned CMT and The Nashville Network (now Paramount Network), which remained Viacom properties after the 2005 split, but the prior CBS did not own UPN, Showtime, Paramount Television, Paramount Parks, or Simon and Schuster.


History[edit] This section is in a list format that may be better presented using prose. You can help by converting this section to prose, if appropriate. Editing help is available. (February 2017) In March 2005, Viacom announced plans of looking into splitting the company into two publicly traded companies, amid issues of the stock price stagnating (although it was alleged that another main force behind the split was the Super Bowl XXXVIII halftime show controversy[citation needed], which led to MTV not being allowed to produce any more halftime shows, they had also produced the show for Super Bowl XXXV, the first Super Bowl CBS aired since regaining NFL rights and becoming MTV's corporate sibling). Old separate Viacom logo (1990-2006). On June 14, 2005, the Viacom board of directors approved the split of the company into two firms.[5] The CBS Corporation name would be revived for one of the companies, to be headed by longtime television executive (and Viacom co-President) Leslie Moonves, and would include CBS, UPN, Infinity Broadcasting, Viacom Outdoor, Showtime Networks, and Paramount's television studio. The split was structured such that the new Viacom was spun off from the old Viacom, which was renamed CBS Corporation. In a sense, this was a repeat of the 1971 spinoff. However, in this case, CBS retained virtually all of the prior firm's broadcast TV assets, including its various syndication companies. With the split, the two new companies began trading on the NYSE on January 3, 2006. Investors anticipated Viacom benefiting from the split, but instead, it dropped approximately 20 percent, while CBS rose 9 percent.[6] Announced in January 2006, CBS and DIC Entertainment signed a multi-year deal in which DIC bought the Saturday morning airtime as "CBS's Saturday Morning Secret Slumber Party". In June 2006, DiC added a production partner AOL's KOL. Thus block would be called "KOL's Saturday Morning Secret Slumber Party on CBS".[7] The CW logo On January 24, 2006, CBS Corporation, and Warner Bros. announced that they were to create a new broadcast network, The CW Television Network. The network officially debuted on September 18, 2006. The network formally debuted on September 20 with the 2 hour premiere of America's Next Top Model. The network is the result of a merger of The WB (a Warner Bros. holding) and UPN (a CBS Corporation holding). CBS Corporation and Time Warner each own 50% of the network. Tribune Broadcasting (which previously owned a 25% stake on The WB) and CBS Corporation will contribute its stations as new network affiliates. Three days after the announcement of The CW, on January 27, CBS announced that it was selling its Paramount Parks division. On May 23, 2006, CBS Corporation sold Paramount Parks to the Cedar Fair Entertainment Company. With this acquisition, Cedar Fair became the third-largest theme park operator.[8] On June 30, 2006, Cedar Fair announced that it has completed its acquisition of Paramount Parks from CBS Corporation in a cash transaction valued at US$1.24 billion. The transaction included a 10-year license that allowed Cedar Fair to use the Paramount name in the parks through the 2017 season.[9] On February 7, 2007, CBS announced it was selling seven stations in Providence, Rhode Island, Austin, Texas, Salt Lake City and West Palm Beach, Florida to Cerberus Capital Management for US$185 million.[10] It sold another station, WFRV-TV in Green Bay, Wisconsin, and its satellite station, WJMN-TV in Escanaba, Michigan, to Liberty Media on February 13, 2007.[11] News reports estimate the deal at about US$234 million. CBS is swapping the stations and US$170 million in cash for 7.59 million shares of CBS common stock held by Liberty Media. February 26: CBS announced that it will invest in Electric Sheep, which is a virtual world content developer. CBS hired Electric Sheep to develop some projects, including the creation of "The L-Word in Second Life". CBS also shot a commercial within the virtual world Second Life so to promote its show Two and a Half Men. Another project that Electric Sheep is working on for CBS is a Star Trek-themed area in Second Life. By investing in Electric Sheep, CBS hopes to expand its activity "beyond the living room".[12] March 20: CBS/CSTV announced it had acquired an online high school sports network, MaxPreps.[13] April 12: CBS Corporation announces the creation of the CBS Interactive Audience Network.[14] May 30: CBS Interactive announced that it had bought Last.fm for £140 million.[15] 2008[edit] May 15: CBS Interactive announced that it had agreed to buy CNET Networks for $1.8 billion, with the deal due to close in the third quarter of 2008.[16] During the July 2nd noon broadcast, KYW-TV, a CBS owned-and-operated station in Philadelphia, announced that its parent acquired CNET and was putting it under CBS Interactive.[17] 2013[edit] February 14 CBS acquires a minority stake in AXS TV in exchange for programming and marketing.[18] March 26 CBS and Lionsgate enter a 50/50 joint venture to operate the TV Guide Network (TVGN) and TVGuide.com.[19][20] May 31 CBS buys the remaining half of TV Guide Digital from Lionsgate. The latter still retains its share of TVGN.[21] July 16 CBS agreed to sell CBS Outdoor International to Platinum Equity for about $225M.[22] 2014[edit] March 28 CBS Outdoor division begins trading as a separate company on the NYSE under "CBSO". CBS Outdoor would be fully divested from CBS by July into an independent real estate investment trust, renamed as Outfront Media. 2017[edit] February 2 CBS Corporation announces the sale of CBS Radio to Entercom, making that company the 2nd-largest owner of radio stations in the United States.[23] August 28 CBS Corporation announces the purchase of Australian broadcaster Network Ten. The network was previously in voluntary administration.[24] Possible re-merger with Viacom[edit] On September 29, 2016, National Amusements sent a letter to both the company and Viacom, encouraging the two companies to merge back into one company.[25] On December 12, the deal was called off.[26] However, on January 12, 2018, CNBC reported that both companies re-entered talks to merge.[27] Possible acquisition of Lionsgate with Viacom[edit] CBS Corporation and Viacom are in talks to acquire Lionsgate, along with Amazon and Verizon. This was reported at the same time as the CBS and Viacom re-merger talks.[28][29] Lionsgate Vice Chairman Michael Burns has stated in an interview with CNBC that Lionsgate is mostly interested in merging with CBS and Viacom.[30]


Corporate governance[edit] The board of directors of CBS Corporation include: David R. Andelman Joseph A. Califano, Jr. William S. Cohen Gary L. Countryman Charles K. Gifford Leonard Goldberg Bruce S. Gordon Linda M. Griego Arnold Kopelson Leslie Moonves Doug Morris Shari Redstone (non-executive Vice-Chair) Sumner Redstone (Chairman) Frederic V. Salerno


Assets[edit] Further information: List of assets owned by CBS


See also[edit] New York City portal Companies portal Viacom (original), the prior name of the post-2005 CBS Corporation. CBS Corporation (1997), an old instance of the company, purchased by the old Viacom in 1999. Viacom, the current Viacom, broke off in 2005. CBS Television Stations, the holding company that assumes operation of CBS Corp.'s television stations. Concentration of media ownership and Media conglomerate MTV Networks/BET Networks, part of the new Viacom corporation. Notes[edit] ^ The Viacom-CBS split was structured in such a way that the existing company (Viacom) changed its name to CBS Corporation, while the new Viacom is actually a newly founded spin-off company. For this reason, the newly rechristened CBS Corporation is actually the same company (Viacom) that was founded in 1986. The 1986 Viacom, in turn, was the successor to a previous company also known as Viacom and founded in 1971.


References[edit] ^ a b c d e "CBS Corporation 2015 Annual Report Form (10-K)". EDGAR. United States Securities and Exchange Commission. February 27, 2016. Retrieved December 21, 2015.  ^ Miglani, Jitender (October 19, 2016). "How CBS Makes Money? - Revenues & Profits". Retrieved December 30, 2016.  ^ "Certain Federal Income Tax Information Regarding the Separation of Viacom Inc" (PDF). CBS Corporation. January 12, 2006. Archived from the original (PDF) on 2008-06-25. Retrieved 2008-11-30.  ^ "Contact Info Archived November 29, 2009, at the Wayback Machine.." CBS Corporation. Retrieved on November 3, 2009. ^ Fabrikant, Geraldine (June 15, 2005). "viacom board agres to split of company". The New York Times. The New York Times Company. Retrieved July 28, 2014.  ^ Fabrikant, Geraldine (July 22, 2006). "a surprise after the spli: viacom struggles as cbs holds its own". The New York Times. The New York Times Company. Retrieved July 28, 2014.  ^ Consoli, John (June 21, 2006). "DIC, KOL to Produce On CBS". MediaWeek. Archived from the original on July 13, 2006. Retrieved November 30, 2008.  ^ News, Bloomberg (23 May 2006). "CBS to Sell Amusement Parks to Cedar Fair". The New York Times. The New York Times Company.  ^ L.P., Cedar Fair,. "Cedar Fair, L.P. Completes Acquisition of the Paramount Parks". www.prnewswire.com.  ^ "CBS Corporation To Sell Local TV Stations In Four Markets To Cerberus Capital Management, L.P". CBS Corporation. February 7, 2007. Archived from the original on January 11, 2009. Retrieved December 27, 2008.  ^ "Liberty Media and CBS Corporation Agree to Exchange CBS Shares Held By Liberty". libertymedia.com. February 13, 2007. Retrieved December 2, 2016.  ^ "CBS Invests in Virtual World Content Developer". Archived from the original on July 26, 2007.  ^ "CBS Corporation acquires MaxPreps, the leading nationwide high school sports network online; business to be part of CSTV: College Sports Television". CBS Corporation. March 20, 2007. Retrieved January 2, 2012.  ^ "CBS Corporation announces the creation of the CBS Interactive Audience Network". CBS Corporation. April 12, 2007. Retrieved January 2, 2012.  ^ Music site Last.fm bought by CBS, BBC, May 30, 2007 ^ CBS Corporation to acquire CNET Networks, inc. Archived May 18, 2008, at the Wayback Machine., CBS Press Release, May 15, 2008 ^ "CNET's Content To Boost CBS Coverage". KYW-TV. New York: CBS Television Stations. July 2, 2008. Retrieved December 27, 2008. [dead link] ^ Bond, Paul (February 14, 2013). "CBS Takes Stake in AXS TV". The Hollywood Reporter. Eldridge Industries. Retrieved December 3, 2016.  ^ Andreeva, Nellie. "CBS Poised To Buy Half Of TV Guide, Partner With Lionsgate." Deadline.com (March 22, 2013) ^ Andreeva, Nellie. "It’s Official: CBS Acquires Half Of TV Guide, Partners With Lionsgate." Deadline.com (March 26, 2013) ^ Andreeva, Nellie. "It’s Official: CBS Takes Full Control Of TVGuide.Com, Acquiring Lionsgate’s 50%." Deadline.com (May 31, 2013) ^ "CBS Sells Overseas Billboard Business". Deadline.com. Penske Media Corporation. Retrieved July 16, 2013.  ^ Lieberman, David (February 2, 2017). "CBS Agrees To Merge Radio Business With Entercom". Deadline.com. Penske Media Corporation.  ^ "Ten Network to be purchased by US giant CBS". ABC News. Australian Broadcasting Corporation. August 28, 2017. Retrieved August 28, 2017.  ^ "National Amusements Proposes Viacom, CBS Reunion, Cites "Substantial Synergies"". The Hollywood Reporter. Eldridge Industries. Retrieved December 30, 2016.  ^ "Shari Redstone withdraws CBS-Viacom merger proposal". CNBC. NBCUniversal. Retrieved 2016-12-17.  ^ Wang, Christine (2018-01-12). "Viacom, CBS shares surge after report Shari Redstone pursuing merge of companies". CNBC. Retrieved 2018-01-12.  ^ "These 4 Tech, Media Giants Are In Talks To Buy Lionsgate". Investor's Business Daily. Retrieved 2018-01-19.  ^ "Lionsgate Ripe For Takeover As Amazon, Verizon and CBS-Viacom Emerge As Potential Suitors". Deadline. Retrieved 2018-01-19.  ^ "CBS, Lionsgate, Viacom heat up media space M&A rumors". FierceCable. Retrieved 2018-01-26. 


External links[edit] Wikimedia Commons has media related to CBS. Official website SEC filing (Form S-4) related to split Business data for CBS Corporation: Google Finance Yahoo! Finance Reuters SEC filings v t e CBS Corporation Corporate directors David R. Andelman Joseph A. Califano Jr. William S. Cohen Charles K. Gifford Leonard Goldberg Bruce S. Gordon Arnold Kopelson Leslie Moonves Doug Morris Shari Redstone Sumner Redstone Broadcast TV assets CBS The CW (co-owned with Warner Bros.) Decades (co-owned with Weigel Broadcasting) Network Ten Eleven One Spree TV Network facilities CBS Building CBS Broadcast Center CBS Studio Center CBS Television City Ed Sullivan Theater CBS Television Studios CBS Productions CBS Television Distribution Big Ticket Entertainment KWP Studios Broadcast stations v t e CBS Television Stations CBS/DEC O&O KCBS KCNC KDKA KOVR KPIX KTVT KYW WBBM WBXI-CD WBZ WCBS WCCO WFOR WJZ WWJ CW O&O KBCW KMAX KSTW WKBD WPCW WPSG WTOG WUPA Other stations Ind. KCAL KTXA WLNY-TV MyNetworkTV WBFS WSBK Network Ten TEN ATV TVQ ADS NEW Cable channels Showtime Networks CBS Sports Network Pop (50% with Lionsgate) AXS TV (minority stake) CBS Studios International CBS Action CBS Drama CBS Europa CBS Reality Horror Channel CBS Interactive v t e CBS Interactive Brands CBS All Access CBSNews.com CBS MoneyWatch CBSSports.com 247Sports.com MaxPreps.com Scout.com Chowhound CNET Download.com FindArticles GameFAQs GameSpot GameRankings Giant Bomb Comic Vine Last.fm Metacritic mySimon TVGuide.com TV.com UrbanBaby ZDNet TechRepublic Channels CBSN CNET Video Staff, current Dan Ackerman Bridget Carey Brian Cooley Jeff Gerstmann Jim Lanzone Daniel Terdiman Staff, former Matthew Barzun Veronica Belmont Esther Dyson Ina Fried Richard Hart James Kim Declan McCullagh Tom Merritt Halsey Minor Natali Morris Rafe Needleman Andrew Nusca Ryan Seacrest Molly Wood Contributors, current Violet Blue Christopher Dawson David Gewirtz Jason Perlow Contributors, former Harry McCracken Simon & Schuster Atria Publishing Group Howard 37 INK Gallery Publishing Group Pocket Threshold Scribner Simon & Schuster Simon & Schuster Audio Publishing Pimsleur Simon & Schuster Children’s Publishing Aladdin Atheneum Radio networks CBS News Radio CBS Sports Radio Miscellaneous assets CBS Consumer Products CBS Records Westinghouse Electric CBS Home Entertainment CBS Films CBS News CBSN CBS Sports Defunct properties CBS Cable CBS Paramount Domestic Television CBS Paramount Network Television CBS Radio Free FM Paramount Stations Group Spelling Television UPN Westinghouse Broadcasting Worldvision Enterprises See also Viacom (original) National Amusements Westinghouse Electric Corporation Gulf and Western Industries v t e National Amusements People Sumner Redstone Shari Redstone Michael Redstone Movie theatre assets Showcase Cinemas Cinema de Lux Multiplex Cinemas KinoStar UCI Cinemas (in Brazil only) Broadcast television networks CBS The CW (co-owned with Warner Bros.) Decades (co-owned with Weigel Broadcasting) Cable television networks BET BET Gospel BET Her BET Hip-Hop BET Jams BET Soul CMT CMT Music Comedy Central Comedy Central Extra Logo TV MTV MTV2 MTVU RateMyProfessors.com MTV Classic MTV Live MTV Tres Spike TV Land VH1 VH1 Classic Europe Nickelodeon Nick at Nite Nick Jr. NickMusic Nicktoons Noggin TeenNick Showtime Networks CBS Sports Network Pop (50% with Lionsgate) AXS TV (minority stake) Television and Radio stations v t e CBS Television Stations CBS/DEC O&O KCBS KCNC KDKA KOVR KPIX KTVT KYW WBBM WBXI-CD WBZ WCBS WCCO WFOR WJZ WWJ CW O&O KBCW KMAX KSTW WKBD WPCW WPSG WTOG WUPA Other stations Ind. KCAL KTXA WLNY-TV MyNetworkTV WBFS WSBK v t e Entercom AM radio stations KCBS KCSP KDKA KEZW KFH KFXX KHTK¹ KIFM KIKK KILT KJCE KMBZ KMOX KMPS KMTT KNSS KNX KRLD KWOD KXNT KXST KYW KYYS KZDG WAOK WAXY WBBM WBEN WBT WBZU WCBS WCCO WEAL WEEI WFAN WFNZ WGR WILK WINS WJFK WJZ WKZN WMC WMFS WORD WPET WPHT WQAM WRNL WROC WRVA WSCR WSSP WTIC WVEI WWJ WWKB WWL WWWL WWWS WXNT WXYT WYRD FM radio stations K240EL K276FK KALC KALV-FM KAMP-FM KAMX KBLX-FM¹ KBZT KCBS-FM KDGS KDKA-FM KEGY KEYN-FM KEZK-FM KEZN KFBZ KFRC-FM KFRG KGMZ KGON KHMX KHTP KILT-FM KISW KITS KJKK KKDO KKHH KKMJ-FM KKWF KLLC KLOL KLUC-FM KLUV KMBZ-FM KMLE KMNB KMVK KMVQ-FM¹ KMXB KNCI¹ KNDD KNRK KNSS-FM KOIT¹ KOOL-FM KQKS KQMT KQRC-FM KRBQ KRBZ KRLD-FM KROQ-FM KRSK KRTH KRXQ KSEG KSFM KSON KSWD KTWV KUDL KUFX¹ KVFG KVIL KWJJ-FM KXFG KXQQ-FM KXSN KXTE KYCH-FM KYKY KYMX¹ KYXY KZJK KZZO¹ KZPT W241AP W253BI WAAF WBBM-FM WBEE-FM WBMP WBMX WBT-FM WBTJ WBZA WBZZ WCBS-FM WCFS-FM WCMF-FM WDAF-FM WDCH-FM WDOK WDSY-FM WDZH WEEI-FM WEZB WFAN-FM WFBC-FM WGGY WIAD WILK-FM WIP-FM WJFK-FM WJMH WJZ-FM WKBU WKIS WKRF WKRK-FM WKRZ WKSE WKTK WKXJ WLFP WLIF WLKK WLMG WLND WLNK WLYF WLZL WMC-FM WMFS-FM WMHX WMJX WMMM-FM WMQX WMXJ WMYX-FM WNCX WNEW-FM WNTR WNVZ WOCL WODS WOGL WOLX-FM WOMC WOMX-FM WPAW WPGC-FM WPOW WPTE WPXY-FM WQAL WQMG WQMP WRCH WROQ WRVQ WRVR WRXL WRXR-FM WSFS WSKY-FM WSMW WSPA-FM WSTR WTDY-FM WTIC-FM WTPT WTSS WTVR-FM WUSN WUSY WVEE WVEI-FM WVKL WWBX WWDE-FM WWEI WWL-FM WWMX WXRT WXSS WXTU WXYT-FM WYCD WYRD-FM WZGC WZMX WZPL ¹Stations operated by Bonneville International via LMA and to be sold pending FCC approval Radio Networks Boston Bruins Radio CBS Sports Radio* Sabres Hockey Network New York Yankees Radio Digital properties Eventful Play.it Radio.com See also CBS Radio * = Entercom operates under a CBS Brands License Agreement as producer with distribution handled by Westwood One. KVMM-CD (part of Tres) Film production and distribution CBS Films CBS Home Entertainment Paramount Pictures Paramount Home Media Distribution Paramount Animation Insurge Pictures Republic Pictures United International Pictures (50% ownership) Comedy Central Films MTV Films Nickelodeon Movies Television production and distribution CBS Television Studios CBS Productions CBS Television Distribution Big Ticket Entertainment Paramount Television Nickelodeon Animation Studio Viacom International International cable channels CBS Action CBS Drama CBS Europa CBS Reality Horror Channel Eleven RTL CBS Entertainment RTL CBS Extreme Viacom 18 (India) Simon & Schuster Howard Pimsleur Pocket Scribner Simon & Schuster Threshold Aladdin Atheneum Miscellaneous assets CBS All Access CBS Consumer Products CBS Records Comedy Central Records Nick Records Bellator MMA MovieTickets.com Nickelodeon Kids & Family Virtual Worlds Group Nickelodeon on Sunset Westinghouse Electric CBS News CBS Sports CBS Interactive CBS Building CBS Broadcast Center CBS Studio Center CBS Television City Ed Sullivan Theater Former/Defunct assets and predecessors CBS Cable CBS Paramount Domestic Television CBS Paramount Network Television DreamWorks DreamWorks Home Entertainment DreamWorks Television Go Fish Pictures Free FM Famous Music Famous Players Gulf and Western Industries Harmonix King World Productions Nick GaS NickMom Neopets Paramount Parks Paramount Stations Group Paramount Vantage Quizilla Spelling Television UPN Worldvision Enterprises Sundance Channel CBS Outdoor Terrytoons CBS Theatrical Films Cinema Center Films Desilu Productions v t e Westinghouse Subsidiaries Baldwin-Westinghouse electric locomotives Electrification of the New York, New Haven, and Hartford Railroad Bryant Electric Company Infinity Broadcasting Corporation New England Westinghouse Company Westinghouse Aviation Gas Turbine Division Westinghouse Broadcasting Products A2W reactor List of Westinghouse locomotives S2W reactor Transit Expressway Revenue Line People George Westinghouse Related companies Viacom CBS Corporation Westinghouse Digital Westinghouse Electric Company Westinghouse Licensing Corporation White-Westinghouse Related George Westinghouse Award George Westinghouse Medal Intel Science Talent Search Westinghouse Works, 1904 Retrieved from "https://en.wikipedia.org/w/index.php?title=CBS_Corporation&oldid=823450048" Categories: CBS Corporation1971 establishments in New York (state)American companies established in 1971Broadcasting companies of the United StatesCompanies based in ManhattanCompanies listed on the New York Stock ExchangeEntertainment companies based in New York CityEntertainment companies established in 1971Entertainment companies of the United StatesMedia companies based in New York CityMedia companies established in 1971Media companies of the United StatesPublicly traded companies based in New York CityHidden categories: Webarchive template wayback linksAll articles with dead external linksArticles with dead external links from September 2010Use American English from July 2017All Wikipedia articles written in American EnglishUse mdy dates from March 2017Articles needing cleanup from February 2017All pages needing cleanupArticles with sections that need to be turned into prose from February 2017All articles with unsourced statementsArticles with unsourced statements from November 2017


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GordonArnold KopelsonLeslie MoonvesDoug MorrisShari RedstoneSumner RedstoneCBSThe CWWarner Bros.Decades (TV Network)Weigel BroadcastingNetwork TenEleven (Australian TV Channel)One (Australian TV Channel)Spree TVCBS BuildingCBS Broadcast CenterCBS Studio CenterCBS Television CityEd Sullivan TheaterCBS Television StudiosCBS ProductionsCBS Television DistributionBig Ticket EntertainmentKing World ProductionsTemplate:CBSTVSTemplate Talk:CBSTVSCBS Television StationsCBSDecades (TV Network)Owned-and-operated StationKCBS-TVKCNC-TVKDKA-TVKOVRKPIX-TVKTVTKYW-TVWBBM-TVWBXI-CDWBZ-TVWCBS-TVWCCO-TVWFOR-TVWJZ-TVWWJ-TVThe CWKBCW (TV)KMAX-TVKSTWWKBD-TVWPCWWPSGWTOGWUPAIndependent Station (North America)KCAL-TVKTXAWLNY-TVMyNetworkTVWBFS-TVWSBK-TVNetwork TenTEN (TV Station)ATV (Australia)TVQADS (TV Station)NEW (TV Station)Showtime NetworksCBS Sports NetworkPop (U.S. TV Network)LionsgateAXS TVCBS Studios InternationalCBS ActionCBS DramaCBS EuropaCBS RealityHorror ChannelCBS InteractiveTemplate:CBS 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