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Viacom Files for Split

Published on October 06, 2005 | Email this article
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Viacom has filed to split into two companies, MediaPost reports. One company will include the CBS network and another MTV, Paramount Pictures, and other cable properties.

 

The new Viacom, Inc. will consist of cable networks and entertainment brands including MTV, VH1, Nickelodeon, Nick at Nite, Comedy Central, Country Music Television, Spike TV, TV Land, BET, Paramount Pictures, Paramount Home Entertainment, and Famous Music. The new CBS Corp. will consist of CBS and UPN; the CBS television stations group; Infinity Broadcasting; the CBS, Paramount and King World television production and syndication operations; cable brand Showtime; Viacom Outdoor; Paramount Parks; and Simon & Schuster.

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