Misplaced Pages

#780219

47-432: CBSSports.com (formerly CBS SportsLine.com and SportsLine USA ) is an American sports news website operated by Paramount Streaming , a division of Paramount Global . It is the website for CBS ' Sports division featuring news, highlights, analysis, and fantasy sports . In 1997, the service entered into a content-sharing partnership with Viacom . SportsLine also entered into agreements to operate official websites for

94-401: A Hindi entertainment channel and a Hindi movie channel would be housed in this joint venture. On December 19, 2007, Viacom signed a five-year, $ 500 million contract with Microsoft that included content sharing and advertisement. The deal allowed Microsoft to license many shows from Viacom owned cable television and film studios for use on Xbox Live and MSN . The deal also made Viacom

141-631: A 30% ownership stake in the Rainbow S.p.A. animation studio. CBS Corporation retained the over-the-air broadcasting, television production, pay television subscription service, and publishing assets, which were previously owned by the first Viacom. The second Viacom was the world's ninth-largest media company in terms of revenue and headquartered at One Astor Plaza in Midtown Manhattan , New York City . Viacom would announce its second merger with CBS Corporation on August 13, 2019. The merger

188-672: A co-owner of Rainbow S.p.A. , an Italian television studio best known for the Winx Club franchise. Since the purchase, Viacom's Nickelodeon networks have broadcast Rainbow's shows worldwide. Nickelodeon's American studios have also collaborated with Rainbow on multiple productions, including Winx Club and Club 57 . Later, in October 2011, Viacom purchased a majority stake in Bellator Fighting Championships . Spike TV started to air Bellator in 2013, after

235-428: A dividend. The second Viacom was created by Redstone and headed by Freston. It consisted of BET Networks , MTV Networks, and Paramount Pictures . It started trading on January 3, 2006. In June 2005, Viacom announced its purchase of Neopets , a virtual pet website, along with GameTrailers , GoCityKids, and iFilm . That December, Paramount announced it would acquire DreamWorks Pictures . All indications were that

282-422: A hit in revenue for Viacom and a gain in advertisement revenue for YouTube. The complaint contended that almost 160,000 unauthorized clips of Viacom's programming were made available on YouTube and that these clips had collectively been viewed more than 1.5 billion times. In July 2008, the case generated controversy when District Judge Louis Stanton ruled that YouTube was required to hand over data detailing

329-531: A letter to Viacom and CBS Corporation , encouraging the two companies to merge back into one company. On December 12, the deal was called off. On January 12, 2018, CNBC reported that Viacom had re-entered talks to merge back into CBS Corporation after the AT&;T - Time Warner merger was planned, as well as Disney 's proposed acquisition of most 21st Century Fox assets and heavy competition from companies such as Netflix and Amazon . Shortly afterward, it

376-497: A marketing division, Viacom Velocity. On April 1, 2014, Cable One removed 15 channels owned by Viacom (MTV, VH1, Nickelodeon, and TV Land ) off after the two companies failed to reach an agreement. Channels were replaced with other networks, including BBC America , Sprout , Sundance TV , IFC , Investigation Discovery , TV One , CMP/TV, National Geographic Channel , and TheBlaze . The change has been deemed permanent. On May 1, 2014, Viacom announced it had agreed to take over

423-647: A motion for summary judgment , holding that Google was protected by provisions of the Digital Millennium Copyright Act , notwithstanding evidence of intentional copyright infringement. Viacom announced its intention to appeal the ruling. On April 5, 2012, the ruling was overturned by the United States Court of Appeals for the Second Circuit . Writing for a two-judge panel (because Judge Roger Miner had died while

470-489: A new proposal and a request to continue broadcasting 17 of Viacom's television networks (including Nickelodeon, MTV, Logo , and Comedy Central ) during talks, but received no response and thus Viacom ceased transmission to DirecTV's 20 million subscribers. On July 11, in a counter response to DirecTV advising its subscribers to view original programming from the affected networks online, Viacom scaled back access to recent episodes of Viacom-owned program content available to

517-535: A partnership to launch a new streaming service in more than 20 European territories. SkyShowtime would replace already existing Paramount+ in the Nordics, Hungary, and Poland while launching a fully new service in Albania, Andorra, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Kosovo, Montenegro, Netherlands, North Macedonia, Portugal, Romania, Serbia, Slovakia, Slovenia, and Spain. ViacomCBS Streaming

SECTION 10

#1732772646781

564-612: A preferred publisher partner for casual game development and distribution through MSN and Windows . On the advertisement side of the deal, Microsoft's Atlas ad-serving division became the exclusive provider of previously unsold advertising inventory on Viacom owned websites. Also, Microsoft purchased a large amount of advertising on Viacom owned broadcasts and online networks. Finally, Microsoft would also collaborate on promotions and sponsorships for MTV and BET award shows, two Viacom-owned cable networks. On December 4, 2008, Viacom announced layoffs of 850 personnel, or 7% of their workforce. At

611-513: The NCAA , NFL , and PGA Tour . The company later launched a co-branded website for CBS Sports (then owned by Viacom ), CBSSportsLine In August 2004, already holding a 38% stake in the company, Viacom announced that it would acquire the remainder of SportsLine in a deal valued at $ 46 million ($ 1.75 per-share) and re-align it with the CBS Sports division (owing to Viacom's ownership of CBS at

658-459: The British broadcaster Channel 5 from Northern & Shell , the media group owned by the British newspaper publisher Richard Desmond . Viacom becomes the first American media company to take over a British broadcaster with a public service remit. The purchase of Channel 5 closed on September 10, 2014. On October 1, 2014, Suddenlink Communications , removed channels owned by Viacom off after

705-552: The CBS-branded assets. However, on August 7, 2019, both CBS and Viacom delayed their merger announcement as the two companies reported the quarterly earnings, though the talks about the re-merger continues. On August 13, 2019, CBS and Viacom officially announced their merger; CBS would purchase Viacom and change its name to ViacomCBS (now Paramount Global ). Bakish would become president and CEO of ViacomCBS with Ianniello serving as chairman and CEO of CBS, where he would oversee

752-450: The CBS-branded assets. Shari Redstone would also serve as chairwoman of the new company. On October 29, 2019, National Amusements approved the re-merger deal and expected to close the deal in early December with the recombined company trading its shares on Nasdaq under the symbols "VIAC" and "VIACA". On December 4, the deal was completed. In February 2007, Viacom sent upwards of 100,000 Digital Millennium Copyright Act takedown notices to

799-496: The Viacom board appointed Bob Bakish as acting CEO. His appointment as president and CEO was made permanent on December 12, 2016. In November 2017, Viacom announced the opening of a new digital content division named Viacom Digital Studios. The company has hired former AwesomenessTV chief business officer Kelly Day to lead the studio. Day began her duties on November 20. In February 2018, Viacom announced their plans to acquire

846-410: The Viacom deal, such as Metro-Goldwyn-Mayer (MGM), Lionsgate or Sony Pictures . Moonves also considered Bakish a threat because he did not want an ally of Redstone as a board member of the combined company. On September 9, 2018, Moonves left CBS after being accused by twelve women of sexual assault. National Amusements agreed to not propose a CBS-Viacom merger for at least two years after the date of

893-447: The company and forcing a merger that was not supported by CBS or Viacom . CBS also accused Redstone of discouraging Verizon Communications from acquiring it, which could have been beneficial to its shareholders. On May 23, 2018, Les Moonves explained that he considered the Viacom channels to be an "albatross," and while he favored more content for CBS All Access (now Paramount+), he believed that there were better deals for CBS than

940-467: The end of the year, Time Warner Cable (along with partner Bright House Networks ) and Viacom's MTV Networks could not come to terms for the renewal of any Viacom channel beyond the end of year. Time Warner Cable's operations include New York City and Los Angeles, with Bright House including the Tampa Bay and Orlando markets, both top-20 markets. This blackout was narrowly avoided when a zero-hour deal

987-557: The internet video conference VidCon in an effort to reach out to youth audiences (in a similar way to Viacom's Nickelodeon and MTV channels). In the same month, Viacom announced that they would launch an official Viacom streaming service in fall 2018, in another effort by Bakish to revitalize the company. This streaming service would support ads (similar to Hulu) and was expected to include television series from Viacom Media Networks that have not been available on other services, such as Hulu or Amazon Prime Video . Bakish has stated that

SECTION 20

#1732772646781

1034-407: The near future, and a split was seen as a creative solution to the matter of replacing him. It was also intended to provide alternative investments that would be more appealing to investors: one a high cash flow, lower growth company that could afford to pay a substantial dividend and the other a growing company that would have greater investment opportunities and therefore would not be expected to pay

1081-472: The re-combined company. Viacom rejected the offer as being too low, requesting an increase of $ 2.8 billion, and requesting that Bob Bakish be maintained as president and COO under Moonves. It was reported that these conflicts had resulted from Shari Redstone seeking more control over CBS and its leadership. Eventually, on May 14, 2018, CBS Corporation sued its and Viacom's parent company National Amusements and accused Redstone of abusing her voting power in

1128-676: The rights to the Ultimate Fighting Championship (UFC) library ended in 2012. On December 1, 2011, the company stopped trading on the New York Stock Exchange (NYSE) and began listing its securities on Nasdaq instead. The stock ticker symbols are the same as that used while the company was on the NYSE. On July 10, 2012, during contract negotiations over raising carrier rates the U.S. satellite TV provider, DirecTV 's executives approached Viacom with

1175-744: The same building at the CBS Interactive headquarters. On April 17, 2012, it was announced that Major League Gaming and CBS Interactive would be entering a partnership alongside Twitch to be the only exclusive online broadcaster of their Pro Circuit competitions, as well as for advertising representation. On November 4, 2019, Variety reported that Jim Lanzone would be leaving the company after nine years to become an executive in residence at Benchmark Capital and would be succeeded by Marc DeBevoise. CBS Interactive's parent CBS Corporation merged with sister company Viacom on December 4, 2019, forming ViacomCBS . On September 14, 2020, it

1222-509: The settlement. On May 30, 2019, CNBC reported that CBS and Viacom would explore merger discussions in mid-June 2019. CBS's board of directors was revamped with people who were open to a merger. The re-merger was made possible with the resignation of Moonves (who opposed all attempts for a Viacom merger). The talks had started following rumors of CBS acquiring Starz from Lionsgate. Reports say that CBS and Viacom reportedly set August 8 as an informal deadline for reaching an agreement to recombine

1269-578: The site. Since 2006, the CBSSports.com commenced its Freshman of the Year award. The award is given yearly to the top college football newcomer. Previous Winners Paramount Streaming Paramount Streaming (formerly CBS Digital Media , CBS Interactive & ViacomCBS Streaming ) is a division of Paramount Global that oversees the company's video streaming technology and direct-to-consumer services; including Pluto TV and Paramount+ . It

1316-422: The streaming service would serve as a "complement" to OTT MVPDs , rather than a replacement. In April 2018, Viacom hosted its first presentation at the annual Digital Content NewFronts, where they announced new original content for sites such as Facebook , Twitter , and Snapchat . They also announced the expansion of VidCon to London in 2019 at the same conference. On July 25, 2018, Viacom announced that it

1363-573: The time). The company originally operated as a division of CBS Sports, reporting to its president Sean McManus . CBSSports.com started producing fantasy sports games in 1997. In 1998, they partnered with Daedalus Worldwide Corporation, a producer of online fantasy sports products. In 1999, they acquired Daedalus Worldwide Corporation. In August 2015, the SportsLine brand was revived for a new subscription-based site featuring statistics, sports betting and handicapping content. CBS continues to own

1410-765: The trial was pending) of the Second Circuit , Judge José A. Cabranes concluded that "a reasonable jury could find that YouTube had actual knowledge or awareness of specific infringing activity on its website". Eric Goldman , a professor at the Santa Clara University School of Law , expressed concern that the ruling would negatively affect startups , by making them "more hair-trigger on taking down news or content, for fear that failure to do so will be held against them by content providers". On April 18, 2013, Judge Stanton issued another order granting summary judgment in favor of YouTube. An appeal

1457-699: The two companies failed to reach an agreement. Channels were replaced with other networks including Sprout, FXX , Pivot , Uplifting Entertainment , Investigation Discovery, Oprah Winfrey Network , Women's Entertainment , and TheBlaze. On August 20, 2016, a settlement between Sumner and Shari Redstone and Philippe Dauman was reached that would have him resign as chief executive officer and be replaced with Thomas E. Dooley as interim CEO. Dauman would continue to serve as chairman until September 13. On May 25, 2017, Viacom channels returned to Suddenlink after nearly 3 years of absence. In November 2016, Viacom bought Argentine television network Telefe . In December 2016,

CBSSports.com - Misplaced Pages Continue

1504-407: The two media companies. CBS announced to acquire Viacom as part of the re-merger deal for up to $ 15.4 billion. On August 2, 2019, it was reported that CBS and Viacom agreed to merge back into one entity. Both companies came to an agreement on the management team for its merger with Bakish serving as CEO of the combined company and president and acting CEO of CBS, as Joseph Ianniello oversees

1551-585: The video-sharing service YouTube for copyright reasons. On February 21, Viacom publicly announced they would be offering free online access to their material through Silicon Valley's distributor Joost . On May 21, 2007, Viacom entered into a 50–50 joint venture with Indian media company Network 18 to form Viacom 18 which would house Viacom's existing channels in India: MTV , VH1 and Nickelodeon as well as Network 18's Bollywood movie business. All future Viacom content for India and new ventures such as

1598-434: The video-sharing site YouTube . Of the 100,000 notices, approximately 60–70 non-infringing videos were removed under the auspices of copyright infringement. On March 13, 2007, Viacom filed a US$ 1 billion legal claim ( Viacom International Inc. v. YouTube, Inc. ) against Google and YouTube alleging massive copyright infringement , alleging that users frequently uploaded copyrighted material to YouTube—enough to cause

1645-454: The viewing habits of every user who had ever watched videos on the site. Judge Stanton rejected Viacom's request for YouTube to hand over the source code of its search engine system, saying that the code was a trade secret . Google and Viacom later agreed to allow Google to anonymize all the data before handing it over to Viacom. On June 23, 2010, Judge Stanton ruled in Google's favor in

1692-410: The websites of its networks. Viacom described this as a "temporary slimdown" until a new carriage deal with DirecTV was reached. Viacom and DirecTV reached an agreement on July 20 to return the interrupted programming. In 2012 CEO Phillip Dauman began to report Viacom's intentions to bundle past programming and make it available on-demand via services like Hulu. On January 22, 2014, Viacom established

1739-798: The whole of DreamWorks—both live-comedy film and television studios, albeit not the DreamWorks archive (which was sold to a group led by George Soros in March 2006) nor the animated unit (which was not part of the deal)—would remain owned by Viacom, even though CBS Corporation acquired Paramount's television studio . In February 2006, Paramount completed the acquisition of DreamWorks. On April 24, Viacom obtained Xfire . In August, Viacom announced that it had acquired Atom Entertainment for $ 200 million. In September, Viacom acquired game developer Harmonix for $ 175 million. In February 2007, Viacom ordered leaked copyrighted video clips be taken off

1786-584: Was announced that Red Ventures would acquire the "CNET Media Group" from ViacomCBS for $ 500 million, which was finalized on October 30, 2020. After the divestment of the "CNET Media Group", CBS Interactive was dissolved after an organizational restructuring and renamed ViacomCBS Streaming in order to accelerate ViacomCBS 'direct-to-consumer streaming strategies. On March 4, 2021, ViacomCBS Streaming renamed CBS All Access to Paramount+ , with additional streaming content and rebranding taking place at that time. In late 2021, Comcast and ViacomCBS announced

1833-480: Was announced that CBS Interactive acquired video game -based website Giant Bomb and comic book -based website Comic Vine from Whiskey Media , who sold off their other remaining websites to BermanBraun . This occasion marked the return of video game journalist Jeff Gerstmann to the CBS Interactive division of video game websites, which includes GameSpot and GameFAQs , and has Gerstmann once again working directly with some of his former peers at GameSpot within

1880-591: Was begun, but the week before the parties were to appear in the 2nd U.S. Circuit Court of Appeals, a settlement was announced, and it was reported that no money changed hands. Viacom and its alternative name B_Viacom have since taken to removing videos or blocked countries themselves. The previous board of directors of Viacom were George S. Abrams, David Andelman, Joseph Califano, Jr. , William Cohen , Philippe Dauman , Alan C. Greenberg , Charles Phillips , Shari Redstone , Sumner Redstone (deceased), Frederic Salerno, William Schwartz, and Robert D. Walter . Following

1927-402: Was completed on December 4, resulting in the creation of ViacomCBS (now Paramount Global ). In March 2005, the first Viacom announced plans of exploring the option of splitting the company into two publicly traded companies because of a stagnating stock price and the rivalry between Les Moonves and Tom Freston , longtime heads of CBS and MTV Networks , respectively. Also, the company

CBSSports.com - Misplaced Pages Continue

1974-477: Was facing issues after MTV was banned from producing any more Super Bowl halftime shows after the Super Bowl Halftime Show controversy in 2004. After the departure of Mel Karmazin in 2004, Sumner Redstone , who served as chairman and chief executive officer, decided to split the offices of president and chief operating officer between Moonves and Freston. Redstone was set to retire in

2021-436: Was founded in 2005, Tom Ryan is President and CEO. Founded in 2005 as CBS Digital Media. In 2007, CBS Digital Media rebranded as CBS Interactive. On May 30, 2007, CBS Interactive acquired Last.fm for £140 million (US$ 280 million). On June 30, 2008, CNET Networks was acquired by CBS and the assets were merged into CBS Interactive, including Metacritic , GameSpot , TV.com , and Movietome . On March 15, 2012, it

2068-472: Was in talks to acquire AwesomenessTV for a fraction of the company's $ 650 million valuation in 2016. Two days later on July 27, Viacom officially acquired the company for $ 25 million. Jordan Levin would leave his position as CEO of AwesomenessTV following the acquisition. In January 2019, it was announced that Viacom has acquired Internet television streaming service, Pluto TV for $ 340 million. On September 29, 2016, National Amusements sent

2115-521: Was reached shortly after midnight on January 1, 2009. On December 7, 2009, Viacom sold its stake in MTV Brasil to Grupo Abril along with rights to the brand. Details on the deal were not disclosed. In February 2011, Hulu and Viacom announced the return of The Daily Show with Jon Stewart and The Colbert Report to Hulu, along with shows from the Viacom library. Nickelodeon 's shows are not part of this deal. Also that month, Viacom became

2162-992: Was renamed as Paramount Streaming , in-line with the rebranding of parent company ViacomCBS to Paramount Global in February 2022. Some of the digital media properties under Paramount Streaming are: When the company was known as CBS Interactive, it owned several websites, most of which were sold to Red Ventures in 2020. Its former websites are: BNET , Chowhound , CNET , Comic Vine , Download.com , GameFAQs , GameRankings , GameSpot , Giant Bomb , Metacritic , MetroLyrics , onGamers , Radio.com , TechRepublic , TV.com , TVGuide.com , UrbanBaby and ZDNet . Viacom (2005%E2%80%932019) The second Viacom operated Viacom Media Networks , through which it controlled approximately 170 networks and reached approximately 700 million subscribers in approximately 160 countries. Viacom's studio assets included Paramount Pictures , MTV Films , and Nickelodeon Animation Studio , as well as

2209-730: Was reported that the combined company could be a suitor for acquiring the film studio Lionsgate . Viacom and Lionsgate were both interested in acquiring The Weinstein Company (TWC) in the wake of sexual abuse allegations against Harvey Weinstein . Viacom was listed as one of 22 potential buyers that were interested in acquiring TWC. They lost the bid, and on March 1, 2018, it was announced that Maria Contreras-Sweet would acquire all of TWC's assets for $ 500 million. On March 30, 2018, CBS made an all-stock offer slightly below Viacom's market value and insisted that its existing leadership, including long-time chairman and CEO Les Moonves, oversee

#780219