CBS Corporation facts for kids

Quick facts for kids
CBS Corporation

Former type	Public
Traded as	Class A NYSE: CBS.A Class B NYSE: CBS S&P 500 Component (CBS)
Industry	Mass media
Predecessor	Viacom, Inc. Westinghouse Electric Corporation
Successor	ViacomCBS
Founded	May 3, 1971 (as Viacom International (Viacom Productions)) January 3, 2006 (2006-01-03) (as CBS Corporation)
Defunct	December 4, 2019
Headquarters	CBS Building, Manhattan, New York City , United States
Area served	United States
Key people	Sumner Redstone (Executive Chairman) Joseph Ianniello (President and CEO)
Products	Television, radio, publishing, broadcasting, movies and online services
Revenue	US$ 15.284 billion (2013) US$ 14.089 billion (2012)
Operating income	US$ 3.259 billion (2013) US$ 2.983 billion (2012)
Net income	US$ 1.879 billion (2013) US$ 1.574 billion (2012)
Total assets	US$ 26.387 billion (2013) US$ 26.466 billion (2012)
Total equity	US$ 9.966 billion (2013) US$ 10.213 billion (2012)
Number of employees	20,915 (2011)
Parent	National Amusements, Inc. (79%)
Divisions	CBS Broadcasting CBS Interactive CBS Radio CBS Records CBS Sports Network CBS Television Distribution CBS Television Studios'
Subsidiaries	Westinghouse Licensing Corporation Showtime Networks Simon & Schuster TVGuide.com The CW (50%) TVGN (50%) Full list of assets here

CBS Corporation was an American mass media corporation focused on broadcasting, publishing, and television production. Until 2005, the company was known as Viacom. A new company, keeping the Viacom name, was spun off from CBS.

In 2019, CBS Corporation and Viacom were merged together. This created ViacomCBS, a combination of the two companies. The merger was finished on December 4, 2019.

See also

In Spanish: CBS Corporation para niños