CBS Corporation

CBS Corporation
Company typePublic
  • NYSE: CBS.A (Class A)
  • NYSE: CBS (Class B non voting)
IndustryMass media
Predecessor
FoundedNovember 30, 1997 (1997-11-30) (first incarnation)
December 31, 2005 (2005-12-31) (second incarnation)
DefunctApril 15, 2000 (2000-04-15) (first incarnation)
December 4, 2019 (2019-12-04) (second incarnation)
Fate
SuccessorViacom (First incarnation)
Paramount Global (Second incarnation)
Headquarters
Area served
Worldwide, with main operations in the United States and Australia
Key people
ProductsMovie production, TV production, broadcasting, cable television, record label, publishing, Internet
Revenue US$ 14.514 billion (2018)
US$ 2.768 billion (2018)
US$ 1.960 billion (2018)
Total assets US$ 21.86 billion (2018)
Total equity US$ 2.80 billion (2018)
OwnerNational Amusements (80% voting power)
Number of employees
~12,700 (2017)
DivisionsCBS Entertainment Group
CBS Cable Networks
CBS Publishing
CBS Local Media
CBS Productions
CBS Experiences
SubsidiariesCBS
CBS News
CBS Sports
CBS Films
CBS Interactive
CBS Records
CBS Sports Network
CBS Television Distribution
CBS Television Studios
Showtime Networks
Simon & Schuster
TV Guide (digital assets)
The CW (50%)
Pop TV
Websitewww.cbscorporation.com (archived Dec 4, 2019)
Footnotes / references
Financials as of December 31, 2017.

CBS Corporation was an American multinational media company with interests primarily in commercial broadcasting, publishing and television production. It was split from Viacom on December 31, 2005, alongside an entirely new Viacom; both CBS Corporation and the second Viacom were controlled by National Amusements, a theater company owned by billionaire Sumner Redstone.

CBS Corporation comprised the over-the-air television broadcasting (CBS and The CW), television production and distribution, publishing, pay-cable, and recording assets that were previously owned by the first Viacom. It was the world's eighth largest entertainment company in terms of revenue and headquartered at the CBS Building in Midtown Manhattan, New York City.

CBS Corporation announced on August 13, 2019, that it would merge with Viacom for the second time to form ViacomCBS (now known as Paramount Global). The merger was completed on December 4.