Who owns comedy central viacom

ViacomCBS has also worked with various YouTube creators to create original series for those very same networks. The increase in channels coming to YouTube TV, however, could potentially precipitate a hike in monthly cost for the service. Adding more channels means more costs for Google, but YouTube TV is a growing business that Google wants to invest in.

And so we monitored with metrics and beat engagement and revenue growth and we see a lot of opportunity here. Subscribe to get the best Verge-approved tech deals of the week.

Cookie banner We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. By choosing I Accept , you consent to our use of cookies and other tracking technologies. Cybersecurity Mobile Policy Privacy Scooters.

Phones Laptops Headphones Cameras. The two companies have more than series currently ordered or in production. But the combined company will still be small. He said a big question will be whether the new company will focus on subscription offerings, such as CBS All Access and Showtime, or free, ad-supported ones, like the Viacom-owned Pluto TV.

Or it may keep doing both. In , Redstone divided his empire , saying the two halves could stand on their own. The billionaire from Boston was convinced the future was brighter for his Viacom, which owned cable TV channels and Paramount. The breakup benefited Redstone, too, because he became controlling shareholder and executive chairman of two companies. In the last several years, audience behavior changed drastically.

Younger viewers were the first to flee traditional TV. Now, teenagers and young adults spend more time playing video games, watching video clips on their phones or shows from streaming services like Netflix and Hulu than MTV.

Amid the migration, Viacom made a series of management blunders, including awarding its top executives hundreds of millions of dollars in compensation while under-investing in programming. Paramount also struggled under the leadership of the late Brad Grey, weathering a period of flops and enormous losses.

Viacom lost more than half its value. She installed Bakish as chief executive of Viacom. Bakish overhauled the management of the moribund Paramount film studio and tossed out senior management at the TV channels.

In its most recent fiscal quarter, Viacom hit a milestone when it reported that domestic advertising revenue had increased for the first time in five years. He might be an anomaly in show business, which is filled with self-promoters, but he is a classic example of still waters run deep.

Amid the high-stakes legal fight, CBS became engulfed in a scandal. A dozen women accused Moonves of sexual harassment or assault. He denied the allegations but was forced to resign in September. The controversy led to changes in the CBS board, the appointment of Joseph Ianniello as the acting CEO, and, ultimately, the merger talks that began earlier this year and culminated this week.

His new title will be chairman and chief executive of CBS. It was among the first to stream live programming. CBS Television Studios now is one of the largest in Hollywood, producing 89 shows, up from 70 a year ago.