The second incarnation of the CBS Corporation (the first being a
short-lived rename of the Westinghouse Electric Corporation) was an
American multinational media conglomerate with interests primarily in
commercial broadcasting, publishing, and television production which
was formed as the legal successor to the first incarnation of Viacom
on January 1, 2006. It was one of two companies which succeeded the
first Viacom, alongside the second incarnation of Viacom; both were
controlled by National Amusements, a theater company controlled by
billionaire Sumner Redstone. The spin-off was structured so that CBS
Corporation would be the legal successor to the first Viacom, with the
second Viacom being an entirely separated company.The second
incarnation of the CBS Corporation (the first being a short-lived
rename of the Westinghouse Electric Corporation) was an American
multinational media conglomerate with interests primarily in
commercial broadcasting, publishing, and television production which
was formed as the legal successor to the first incarnation of Viacom
on January 1, 2006. It was one of two companies which succeeded the
first Viacom, alongside the second incarnation of Viacom; both were
controlled by National Amusements, a theater company controlled by
billionaire Sumner Redstone. The spin-off was structured so that CBS
Corporation would be the legal successor to the first Viacom, with the
second Viacom being an entirely separated company.CBS Corporation
comprised the over-the-air television (CBS and The CW) broadcasting,
television production and distribution, publishing, pay-cable, basic
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.The second merger between CBS Corporation and
Viacom, creating the combined company ViacomCBS, was announced on
August 13, 2019; the merger was completed on December 4, 2019. CBS Corporation Top Movies & Young Movies