Viacom (2005–2019)

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Viacom Inc.
Public
Traded as
IndustryMass media
PredecessorsViacom (1952–2006)
Gulf+Western
Paramount Communications
Warner-Amex Satellite Entertainment
FoundedDecember 31, 2005; 18 years ago (2005-12-31)
FounderSumner Redstone
Headquarters
Area served
Worldwide
Key people
Products
RevenueDecrease US$12.943 billion (2018)
Increase US$2.570 billion (2018)
Decrease US$1.688 billion (2018)
Total assetsDecrease US$23.161 billion (2018)
Total equityIncrease US$7.071 billion (2018)
OwnerNational Amusements (80% voting power)
Number of employees
11,200 (2017)
Divisions
Subsidiaries

The second and current incarnation of Viacom Inc. (/ˈvəkɒm/ VY-ə-kom or /ˈvəkɒm/ VEE-ə-kom), is an American multinational mass media conglomerate with interests primarily in film and television, which was formed as a spin-off of the original Viacom on December 31, 2005. It is one of two companies which succeeded the original Viacom, alongside CBS Corporation; both are owned by National Amusements, a theater company controlled by businessman Sumner Redstone. The spin-off was structured so that CBS Corporation would be the legal successor to the old Viacom, with the new Viacom being an entirely new company.

The new Viacom comprises Viacom Media Networks and Paramount Pictures, through which it operates approximately 170 networks and reaches approximately 700 million subscribers in approximately 160 countries. CBS Corporation retains the over-the-air broadcasting, television production, pay-TV subscription service, and publishing assets, which were previously owned by the old Viacom. The new Viacom is currently the world's ninth-largest media company in terms of revenue, and is headquartered at One Astor Plaza in Midtown Manhattan, New York City.