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CBS Broadcasting Inc., commonly shortened to CBS (the abbreviation of Columbia Broadcasting System), is an American commercial broadcast television and radio network serving as the flagship property of the CBS Entertainment Group division of Paramount Global and is one of the company's three flagship subsidiaries, along with namesake Paramount Pictures and MTV.
CBS was founded as a radio network in 1927 and then expanded to television in the 1940s. Although it primarily remained an independent company throughout most of the 20th century, Paramount Pictures temporarily held a 49 percent ownership stake from 1929 to 1932.
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. [4] 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 ). [5]
t. e. CBS News is the news division of the American television and radio service CBS. CBS News television programs include the CBS Evening News, CBS Mornings, news magazine programs CBS News Sunday Morning, 60 Minutes, and 48 Hours, and Sunday morning political affairs program Face the Nation. CBS News Radio produces hourly newscasts for ...
Along with NBC and CBS, ABC is one of the traditional "Big Three" American television networks. ABC was founded as a radio network in 1943 as the successor to the NBC Blue Network. It extended its operations to television in 1948, following in the footsteps of established broadcast networks CBS, NBC, and the lesser-known DuMont.
In 2009, CBS Corporation stopped using the Paramount name in its series and changed the name of the production arm to CBS Television Studios, eliminating the Paramount name from television, to distance itself from the latter. In March 2010, Paramount founded Insurge Pictures, an independent
The American Broadcasting Company ( ABC) is an American commercial broadcast television network that serves as the flagship property of the Disney Entertainment division of the Walt Disney Company. ABC is headquartered on Riverside Drive in Burbank, California, directly across the street from Walt Disney Studios and adjacent to the Team Disney ...
CBS was founded in 1927, which Paramount Pictures held a 49 percent ownership stake in from 1929 to 1932. [10] [11] In 1952, CBS formed CBS Television Film Sales, a division which handled syndication rights for CBS's library of network-owned television series.