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CBS Corporation facts for kids

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CBS Corporation
Traded as Class A NYSECBS.A
S&P 500 Component (CBS)
Industry Mass media
Successor ViacomCBS
Founded May 3, 1971 (as Viacom International (Viacom Productions)) January 3, 2006 (2006-01-03) (as CBS Corporation)
Defunct December 4, 2019
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
  • Increase US$ 15.284 billion (2013)
  • Increase US$ 14.089 billion (2012)
Operating income
  • Increase US$ 3.259 billion (2013)
  • Increase US$ 2.983 billion (2012)
  • Increase US$ 1.879 billion (2013)
  • Increase US$ 1.574 billion (2012)
Total assets
  • Decrease US$ 26.387 billion (2013)
  • Increase US$ 26.466 billion (2012)
Total equity
  • Decrease US$ 9.966 billion (2013)
  • Increase US$ 10.213 billion (2012)
Number of employees
20,915 (2011)
Parent National Amusements, Inc. (79%)

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

Kids robot.svg In Spanish: CBS Corporation para niños

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