2019 merger of CBS and Viacom
CBS Corporation logo before the merger | |
Viacom logo before the merger | |
ViacomCBS logo used from the merger until 2020 when the colors were inverted | |
| Initiator | CBS Corporation |
|---|---|
| Target | Viacom |
| Type | Merger |
| Cost | US$15.4 billion |
| Initiated | August 13, 2019 |
| Completed | December 4, 2019 |
| Resulting entity | ViacomCBS (renamed Paramount Global) |
The 2019 merger of CBS Corporation and Viacom was announced on August 13, 2019, and was completed on December 4, 2019. The merger of equals reunited the second incarnations of CBS Corporation and Viacom into a single company known as ViacomCBS (later renamed Paramount Global) after their separation from the first incarnation of Viacom on December 31, 2005.
Both companies and the merged entity were majority-owned by the theater company National Amusements, until they merged with Skydance Media to form Paramount Skydance Corporation on August 7, 2025.