Company

ViacomCBS Inc.

Headquarters: New York, NY, United States

Founded: December 4, 2019

Employees: 22,965

CEO: Mr. Robert Marc Bakish

Market Cap

$21.22 Billion

USD as of Jan. 1, 2022

history Market Cap History

ViacomCBS Inc. market capitalization over time

Evolution of ViacomCBS Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of ViacomCBS Inc.

Detailed Description

ViacomCBS Inc. operates as a media and entertainment company worldwide. The company operates through TV Entertainment, Cable Networks, and Filmed Entertainment segments. The TV Entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; acquires or develops, and schedules programming on the CBS Television Network that includes primetime comedies and dramas, reality, specials, kids' programs, daytime dramas, game shows, and late night programs; produces or distributes talk shows, court shows, game shows, and newsmagazines; owns and operates 29 broadcast television stations; and operates CBS Sports Network, a 24/7 cable program service that provides college sports and related content, as well as streaming and cable subscription services. The Cable Networks segment creates and acquires programming for distribution and viewing on various media platforms, including subscription cable networks, subscription streaming, and basic cable networks. The Filmed Entertainment segment develops, produces, finances, acquires, and distributes films. The company was formerly known as CBS Corporation and changed its name to ViacomCBS Inc. in December 2019. ViacomCBS Inc. was incorporated in 1986 and is headquartered in New York, New York.

Wikipedia Introduction

Paramount Global[b] (doing business as Paramount) is an American diversified multinational mass media and entertainment conglomerate corporation operated and owned by theater company National Amusements and headquartered at the One Astor Plaza complex in Midtown Manhattan, New York City, United States. The company was formed through the re-merger of the second incarnation of CBS Corporation and the second incarnation of Viacom on December 4, 2019 (which were split from the original incarnation of Viacom in 2006), and was previously known as ViacomCBS before 2022. The company operates over 170 networks and reaches approximately 700 million subscribers in approximately 180 countries, as of 2019. The company's main properties include the namesake Paramount Pictures film and television studio, the CBS Entertainment Group (consisting of the CBS and The CW television networks, television stations, and other CBS-branded assets), media networks (consisting of U.S.-based cable television networks including MTV, Nickelodeon, BET, Comedy Central, and Showtime), and the company's streaming services (including Paramount+, Showtime OTT, and Pluto TV). Paramount also has a dedicated international division that manages international versions of its pay TV networks, as well as region-specific assets like Argentina's Telefe and a 30% stake in the Rainbow S.p.A. studio in Italy. ViacomCBS announced its name change to Paramount Global on February 16, 2022, during the company's Q4 earnings presentation.

Source: Wikipedia, retrieved on March 31, 2022, 9:07 p.m.

Key People

Founder(s): Shari Redstone

Shari Redstone (Chairwoman) Bob Bakish (President and CEO)

Financials

Revenue: US$25.29 billion (2020)

Operating income: US$4.14 billion (2020)

Net income: US$2.42 billion (2020)


Total assets: US$52.66 billion (2020)

Total equity: US$15.37 billion (2020)

Details

Headquarters:

1515 Broadway

New York, NY 10036

United States

Phone: 212-258-6000