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Shari Ellin Redstone (born April 14, 1954) is an American heiress, businesswoman, and media executive. [5] She is the non-executive chairwoman of Paramount Global (formerly known as ViacomCBS) and chairwoman, president and CEO of National Amusements, and a former vice chair of CBS Corporation [6] and Viacom. [7]
The 2019 merger of CBS Corporation and Viacom was announced on August 13, 2019, and was completed on December 4, 2019. The merger of equals reunited CBS Corporation and Viacom into a single company known as ViacomCBS (today known as Paramount Global) after their separation from the first incarnation of Viacom on December 31, 2005.
Sumner Murray Redstone (né Rothstein; May 27, 1923 – August 11, 2020) was an American billionaire businessman and media magnate.He was the founder and chairman of the second incarnation of Viacom, chairman of CBS Corporation (both companies merged in 2019, a year before Redstone's death), and the majority owner and chairman of the National Amusements theater chain.
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Famous Studios (later Paramount Cartoon Studios) – closed after Gulf+Western's acquisition of Paramount Pictures in 1967; Fleischer Studios – acquired by Paramount Pictures and reorganized as Famous Studios in 1942; Insurge Pictures; Liberty Films; Melange Pictures, LLC – library holder of Republic Pictures films Budd Rogers Releasing ...
According to Paramount Global, the merger will inject significant capital into Paramount, helping to address its debt and enabling investments in new content and technologies. [44] It will support Paramount Global's expansion into other entertainment industries, such as animation, sports and video games, where it currently has less presence.
CBS Studios, Inc. is an American television production company which is a subsidiary of the CBS Entertainment Group unit of Paramount Global.It was formed on January 17, 2006, by CBS Corporation as CBS Paramount (Network) Television, as a renaming of the original incarnation of the Paramount Television studio.
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