A production company , production house , production studio , or a production team is a studio that creates works in the fields of performing arts , new media art , film , television , radio , comics , interactive arts , video games , websites , music , and video . These groups consist of technical staff and members to produce the media, and are often incorporated as a commercial publisher .
84-650: 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. It is the television production arm of the CBS network ( CBS Productions previously assumed such functions until 2004, when it
168-452: A 3 + 1 ⁄ 2 -year loan of its use from sister company Viacom, forming CBS Television Studios. National Amusements retained majority control of both CBS and the second Viacom. For a short time, many of Paramount's theatrical films were distributed domestically by CBS Television Distribution (the new name for the distribution arm as of 2007). Paramount Home Entertainment continues to distribute home video sales of CBS shows through
252-401: 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
336-401: A portmanteau of Video & Audio Communications), was an American multinational mass media and entertainment conglomerate with interests primarily in film and television . It was established on December 31, 2005, as one of two companies which succeeded the original Viacom , alongside the second CBS Corporation . The controlling shareholder of both companies was National Amusements ,
420-773: A "one time hit" or an ongoing "entertainment franchise " that can be continued, remade, rebooted , or expanded into other sister industries; such as the video game industry (see Star Wars , Star Trek ). Entertainment projects can be either an original or an adaptation from another industry. In rare occasional cases, a few troubled major studios would also shed their distribution and/or marketing staffs, mainly due to reduced resources, and resort to co-investing and/or co-distributing film projects with larger studios, operating as virtual, production-only movie studios. Notable examples include legendary studio Metro-Goldwyn-Mayer , which, after many years of box office flops (mostly with low budgets), bad management and distribution, and bankruptcy,
504-631: 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
588-672: 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
672-505: A combined media company and be renamed ViacomCBS (now known as Paramount Global ). The merger closed on December 4. For the first time in nearly fourteen years, Paramount Global encompasses the Paramount Pictures film studio, the current incarnation of its television division , and CBS's production studio under one umbrella. On October 8, 2020, it was announced that CBS Television Studios had been renamed CBS Studios as part of
756-405: A contract) or as a subsidiary for an entertainment company, motion picture company, television network, or all, and are generally smaller than the company they are partnered with. A book to film unit is a unit of a book publishing company for the purposes of getting books that they published adapted into film . Films have been using books as a prime source for films for years. In 2012, six out of
840-559: A development and co-finance plan. Macmillan Films was launched by Thomas Dunne Books in October 2010 under the packaging model similar to Alloy while also moving to get film rights from Dunne's published author. Also that year, Random House changed their strategy to film development and packaging only. Condé Nast Entertainment was started by Magazine publisher Conde Nast in October 2012. In 2013, Macmillan Films became Macmillan Entertainment with an expansion to look at other divisions' book for possible films. A production company
924-428: 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
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#17327831291441008-422: 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
1092-531: 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
1176-497: 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
1260-647: 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
1344-489: 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
1428-612: 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
1512-465: A private corporate investment entity (see Legendary Pictures ). Their only source of profit comes from the productions they produce. Because entertainment and media are currently in "high demand", a production company can profit if its management is capable of using its resources to supply good quality products and services to the public. Many entertainment production companies brand their entertainment projects. An entertainment project can either become
1596-451: A production. The entertainment industry is centered on funding (investments from studios, investment firms, or individuals either from earnings from previous productions or personal wealth), projects (scripts and entertainment franchises), and talent ( actors , directors, screenwriters , and crew). Production companies are judged and ranked based on the amount of funding it has, as well the productions it has completed or been involved with in
1680-445: A self-publishing vanity press which are paid services. Both large and small production studios have an editorial board or editor-in-chief , along with other forms of a command hierarchy . Entertainment companies operate as mini conglomerate , operating many divisions or subsidiaries in many different industries. Warner Bros. Entertainment and Lionsgate Entertainment are two companies with this corporate structure. It allows for
1764-426: A single company to maintain control over seemingly unrelated companies that fall within the ranges of entertainment, which increases and centralises the revenue into one company (example: a film production company, TV production company, video game company, and comic book company are all owned by a single entertainment company). A motion picture company, such as Paramount Pictures , specializing "only" in motion pictures
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#17327831291441848-522: A theater company headed by businessman Sumner Redstone . The split was structured so that the original Viacom changed its name to CBS Corporation and spun out its cable and film interests as a new Viacom. 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
1932-439: A unification of branding elements between CBS divisions, citing that use of the word "Television" in the name was antiquated due to its position of producing programming for multiple platforms. Production company Generally the term refers to all individuals responsible for the technical aspects of creating a particular product, regardless of where in the process their expertise is required, or how long they are involved in
2016-402: Is considered to be a small production company. These companies often work with up and coming talent. Small production companies will either grow to become a major production company, a subsidiary completely owned by another company, remain small, or fail. The success of an entertainment production company is centered on the projects it produces, the talent it can acquire, and the performance of
2100-442: Is only connected with its other counterpart industries through its parent company. Instead of performing a corporate reorganization, many motion picture companies often have sister companies they collaborate with in other industries that are subsidiaries owned by their parent company and is often not involved in the making of products that are not motion picture related. A film production company can either operate as an affiliate (under
2184-410: Is owned by Paramount Global ). Alloy Entertainment while not a unit of a publisher started using a book packaging to film model of film and TV development by developing the property in-house, hire authors for the books and films, so as to own the property. Random House was the first big six book publisher to establish a book to film unit, Random House Films , in 2005 with a Focus Features deal under
2268-448: Is usually run by a producer or director, but can also be run by a career executive. In entertainment, a production company relies highly on talent or a well known entertainment franchise to raise the value of an entertainment project and draw out larger audiences. This gives the entertainment industry a democratized power structure to ensure that both the companies and talent receive their fair share of pay and recognition for work done on
2352-463: The CBS DVD brand. From 2009 until 2011, all shows produced by the company aired on either CBS or The CW. In the past, Paramount Television produced shows for all networks, but especially had a good relationship with ABC (much as Universal Television had a good relationship with eventual sister network NBC ). The Cleaner , which aired on A&E until September 2009, was the most recent show from
2436-421: The "studio system". Independent studios usually prefer production house (see Lionsgate ), production studio (see Amazon Studios ), or production team (see Rooster Teeth ). In the case of television, a production company would serve under a television network . Production companies can work together in co-productions . In music, the term production team typically refers to a group of individuals filling
2520-459: 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
2604-552: 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
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2688-450: 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
2772-601: The CBS/Viacom split took effect, CBS inherited Paramount's television program library, with the second incarnation of Viacom keeping Paramount's films, the MTV Networks and the BET Networks . On January 17, 2006, CBS Corporation CEO Les Moonves announced that Paramount Television would be renamed CBS Paramount Television as of that day, and the network division becoming CBS Paramount Network Television, and
2856-496: 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
2940-410: 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
3024-447: 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
3108-484: The company to air on a network other than CBS or The CW (which is ironic when NBC/ABC's ownership of A&E is taken into account). This was until BET began airing new episodes of The Game in 2011. In 2012, USA Network began airing Common Law . CBS Television Studios does not directly produce any shows appearing on Showtime , a premium cable television network co-owned with the studio. Instead, sister company Showtime Entertainment handles in-house productions for
3192-455: The company's daily activities. In some cases, a production company can be run by only a handful of people. The company's funds are mainly committed towards employing talent, crew, and acquiring new updated production equipment on a regular basis. Many productions often require at least one to two cameras and lighting equipment for on location shooting. Production equipment is either leased or purchased from another production company or directly from
3276-472: The domestic distribution arm becoming CBS Paramount Domestic Television. On September 26, 2006, CBS Corporation merged its television distribution arms— King World , CBS Paramount International Television and CBS Paramount Domestic Television—to form CBS Television Distribution . CBS Home Entertainment was then established as a subsidiary of the latter. On May 17, 2009, the Paramount name was dropped after
3360-467: 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
3444-440: The exposure, when shooting in public locations, major productions often employ security to ensure the protection of the talent and crew working on a specific production. After filming is completed, the production enters into post production, which is handled by a post production company and overseen by the production company. The editing, musical score, visual effects, re-recording of the dialog, and sound effects are "mixed" to create
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3528-425: The final film, which is then screened at the final screening. Marketing is also launched during this phase, such as the release of trailers and posters. Once a final film has been approved, the film is taken over by the distributors, who then release the film. For legal reasons, it is common within the entertainment industry for production companies not to accept unsolicited materials from any other company, talent, or
3612-641: The first major studio to establish program syndication with the Paramount Television Network (much of which originated from KTLA). Paramount branched out of broadcasting in 1964 with the sale of KTLA to Gene Autry . Desilu Productions was formed in 1950 by Desi Arnaz and Lucille Ball . Desilu Studios was established in Hollywood and Culver City in 1957, after Arnaz/Ball purchased the RKO Pictures studio lot. Desilu Sales Inc.
3696-552: The general public. It is also common for filmmakers or producers to become entrepreneurs and open their own production companies so that they can have more control over their careers and pay, while acting as an "in-house" creative and business driving force for their company but continuing to freelance as an artist for other companies, if desired. Viacom (2005%E2%80%932019) The second phase of Viacom Inc. ( / ˈ v aɪ ə k ɒ m / VY -ə-kom or / ˈ v iː ə k ɒ m / VEE -ə-kom ;
3780-426: The guild. Productions with smaller budgets are allowed to use both guild talent and talent from the public. The majority of the talent and crew working in the entertainment industry are members of their professions guild. Most productions in the entertainment industry are guild productions. A production company is responsible for the development and filming of a specific production or media broadcast. In entertainment,
3864-425: The international television banners of CBS Broadcast International and Paramount International Television to form CBS Studios International . On September 7, 2004, Viacom merged CBS Productions and Paramount Network Television to form a new entity of Paramount Network Television, also known as CBS Paramount Television Entertainment Group, with CBS Productions becoming an in-name-only unit. On December 31, 2005, as
3948-557: 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
4032-440: The manufacturer. In the entertainment industry, in order to secure experienced professional talent and crew, production companies often become a signatory company to that talent or crew members "guild". By becoming a signatory company, it agrees to abide by the guild regulations. All big budget guild productions are exclusive to guild members and non guild members are not allowed to participate in these productions unless authorized by
4116-407: 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
4200-493: The network. However, CBS Television Distribution and its international arm handle syndication distribution for these shows if they ever appear in syndication. On October 25, 2018, CBS Television Studios announced the opening of a new animation division, CBS Eye Animation Productions . A new Star Trek series entitled Star Trek: Lower Decks was announced simultaneously. It was announced on August 13, 2019, that parent company CBS Corporation would reunite with Viacom to form
4284-781: The newly established Television City in the Fairfax District, Los Angeles in Westside . Also formed was CBS Television Film Sales (later known as CBS Films) as the distributor of off-network and first-run syndicated programming to local television stations in the United States and abroad. In 1963, CBS Studio Center is established in the Studio City district of Los Angeles in the San Fernando Valley . In 1970, CBS Films became Viacom Enterprises and
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#17327831291444368-485: The nine best picture Oscar nominees were originally books. Previously, publishers did not develop their books into movie nor receive any of the profits. Neither Scholastic or Little Brown, get any box office revenue from the Harry Potter and The Twilight Saga movies just through book sales. As the publishers faced decreasing revenue due to increased competition from self-published e-books, or Amazon.com moving into
4452-415: The organization of staff, the production itself, post-production , distribution, and marketing . Production companies are often either owned or under contract with a media conglomerate , film studio , record label , video game publisher , or entertainment company, due to the concentration of media ownership , who act as the production company' s partner or parent company . This has become known as
4536-424: The past. If a production company has major funding either through earnings, studio investors, or private investors, and has done or been involved with big budget productions in the past, it is considered to be a major production company. These companies often work with well-known and expensive talent. If a production company does not have much funding and has not done or been involved with any big budget productions, it
4620-416: The production process begins with the development of a specific project. Once a final script has been produced by the screenwriters, the production enters into the pre-production phase, most productions never reach this phase for financing or talent reasons. In pre-production, the actors are signed on and prepared for their roles, crew is signed on, shooting locations are found, sets are built or acquired, and
4704-486: The production's shooting locations for both privacy and safety reasons. In many cases, the director, producers, and the leading actors are often the only people with access to a full or majority of a single script. Supporting actors, background actors, and crew often never receive a full copy of a specific script to prevent leaks. Productions are often shot in secured studios, with limited to no public access, but they are also shot on location on secured sets or locations. Due to
4788-435: The project. For example, in a theatrical performance, the production team has not only the running crew , but also the theatrical producer , designers , and theatrical direction . The production company may be directly responsible for fundraising the production or may accomplish this through a parent company , partner, or private investor. It handles budgeting, scheduling, scripting, the supply with talent and resources ,
4872-552: The proper shooting permits are acquired for on location shooting. Actors and crew are hand picked by the producer, director, and casting director, who often use collaborators or referenced personnel to prevent untrusted or unwelcomed people from gaining access to a specific production and compromising the entire production through leaks. Once a production enters into principal photography, it begins filming. Productions are almost never cancelled once they reach this phase. Codenames are often used on bigger productions during filming to conceal
4956-517: The publishing field, publishers have started to enter the film and TV production business to boost their net income with Amazon attempting to compete there too. More screenwriters are turning to book publishers to get their screenplay published as a book, so as to have a boost in their attempt to have the screenplay turned into a movie, given that it is a known product after the book. Publisher Simon & Schuster , though not involved with film and TV, shares possible film and TV deals with CBS (S&S
5040-472: 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
5124-676: 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
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#17327831291445208-539: The role of " record producer " usually reserved for one individual. Some examples of musical production teams include Matmos and D-Influence . The aforementioned publishing conglomerates distribute said creative works, but it is not uncommon for production companies to act as a publication . For example, The Walt Disney Company and Nintendo act as publisher for Walt Disney Animation Studios and Nintendo Entertainment Planning & Development respectively. Self-publishing , in this case, should not be confused with
5292-509: 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
5376-422: 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
5460-415: The talent. Marketing is also a major factor. All films, as a tradition, are often marketed around the image and the performance of the actors; with an option of marketing the behind the scenes crew such as the directors and screenwriters. Unlike many other businesses, a production company does not rely on an ongoing revenue stream , they operate on ongoing investments; this often requires a parent company or
5544-765: 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
5628-699: 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,
5712-407: 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
5796-585: 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
5880-434: 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
5964-454: 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
6048-410: 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
6132-798: 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
6216-591: 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
6300-402: 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
6384-577: Was established as the studio's television production unit. In 1977, Paramount Television Service was formed. In 1982, Paramount Television Group and Paramount Domestic Television and Video Programming was established. In September 1989, Gulf+Western was reincorporated as Paramount Communications , Inc.. On March 11, 1994, Viacom acquired Paramount Communications. In 1995, Viacom launched the United Paramount Network ( UPN ) with Chris-Craft Industries . On August 10, 2004, Viacom merged
6468-477: 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
6552-592: Was formed in 1962 as the company's syndication arm. In 1967, Desilu Productions was acquired by Gulf and Western Industries . The company became the television division of Paramount Pictures Corporation in July, retaining the Desilu name until the end of that year. Desilu Sales, in turn, merged with Paramount's syndication division to become Paramount Television Sales. From 1966 to 1967, Gulf+Western acquired Paramount Pictures . In 1968, Paramount Television, formerly Desilu,
6636-472: 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
6720-491: Was merged into Paramount Television ), and, along with Warner Bros. Television Studios (a part of Warner Bros. Discovery ), it is also the television production arm of The CW (in which Paramount has a 12.5% ownership stake; along with Warner Bros. Discovery). In 1952, the Columbia Broadcasting System (CBS) formed an in-house television production unit, CBS Productions, as well as facilities in
6804-521: 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
6888-730: 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
6972-649: Was restructured at the end of 2010 under new management and currently struck deals with some of the Big Six studios (most notably the Sony Pictures Motion Picture Group and Warner Bros. ); Miramax , which was downsized by former owner Disney into a smaller division. Because a production company is only operational when a production is being produced and most of the talent and crew are freelancers , many production companies are only required to hire management staff that helps to oversee
7056-681: Was spun off the following year. In 1978, CBS' production unit gained the secondary/alternate name CBS Entertainment Productions . In 1994, Westinghouse Electric acquired CBS. Viacom merged with its creator CBS, in 2000. In 1939, experimental television stations were established in Los Angeles ( W6XYZ) as Television Productions Inc. and Chicago ( W9XBK ) with Balaban and Katz . Commercial broadcasting began in 1943 over WBKB in Chicago (now WBBM-TV ). Commercial broadcasting began in 1947 over KTLA in Los Angeles. In 1949, Paramount Pictures became
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