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31 bytes added ,  09:13, January 19, 2021
Updated old information, as Viacom and CBS have since remerged.
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'''Viacom''' is a major [[media]] [[corporation]] which owns several prominent [[United States of America|American]] [[television]] [[network]]s, among them [[Comedy Central]], as well as the movie studio Paramount Pictures and its TV unit Paramount Television. Owned by Sumner Redstone, Viacom has taken a strong stance against [[internet]] [[copyright]] infringement, and has filed suit against [[Google]] and [[YouTube]] along with several other [[class action]] [[plaintiff]]s.  
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'''ViacomCBS''' is a major [[media]] [[corporation]] which owns several prominent [[United States of America|American]] [[television]] [[network]]s, among them [[Comedy Central]], as well as the movie studio Paramount Pictures and its TV unit Paramount Television. Owned by Sumner Redstone, Viacom has taken a strong stance against [[internet]] [[copyright]] infringement, and has filed suit against [[Google]] and [[YouTube]] along with several other [[class action]] [[plaintiff]]s.
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The current Viacom was founded in 2005 as a spinoff from CBS Corporation (the original Viacom), which was founded in 1971 as '''Viacom Enterprises''' after its predecessor, syndication company CBS Enterprises, was spun off by original owner (and now CBS Corporation subsidiary) [[CBS]] after the [[Federal Communications Commission]] ruled in 1970 that the then-Big Three American broadcast networks (CBS, [[ABC]] and [[NBC]]) could no longer distribute their own programs for off-network syndication or produce programs for first-run syndication due to the FCC's concerns about the Big Three monopolizing the broadcast landscape. Viacom, along with sister company CBS Corporation, are both owned by movie theatre exhibition company National Amusements.
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The current Viacom was founded in December 2005 as a spinoff from CBS Corporation (the original Viacom), which was founded in 1971 as '''Viacom Enterprises''' after its predecessor, syndication company CBS Enterprises, was spun off by original owner (and now CBS Corporation subsidiary) [[CBS]] after the [[Federal Communications Commission]] ruled in 1970 that the then-Big Three American broadcast networks (CBS, [[ABC]] and [[NBC]]) could no longer distribute their own programs for off-network syndication or produce programs for first-run syndication due to the FCC's concerns about the Big Three monopolizing the broadcast landscape. In December 2019, CBS and Viacom remerged, forming '''ViacomCBS'''. ViacomCBS is owned by movie theatre exhibition company National Amusements.
    
==See also==
 
==See also==
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