Paramount Media Networks
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Paramount Media Networks

Paramount Media Networks
Formerly
List
    • Warner Cable Communications (1977-1979)
    • Warner-Amex Satellite Entertainment (1979-1984)
    • MTV Networks (1984-2011)
    • Viacom Media Networks (2011-2019)
    • ViacomCBS Domestic Media Networks (2019-2022)
TypeDivision
IndustryEntertainment, cable and satellite television
Founded
  • December 1, 1977; 44 years ago (1977-12-01)
FounderRobert Pittman
Headquarters1515 Broadway, ,
Key people
  • Chris McCarthy (President and CEO, Media Networks)
  • Brian Robbins (President and CEO, Kids & Family Entertainment)
Brands
Owner
Parent
DivisionsParamount International Networks
Subsidiaries

Paramount Media Networks[1] (formerly known as Warner Cable Communications, Warner-Amex Satellite Entertainment, MTV Networks, Viacom Media Networks, and ViacomCBS Domestic Media Networks) is an American mass media division of Paramount Global that oversees the operations of many of its television channels and online brands. Its related international division is Paramount International Networks.

History

prototype MTV Networks logo.
1st MTV Networks logo.
2nd MTV Networks logo.
Viacom Media Networks logo.
ViacomCBS Domestic Media Networks logo (2019-2020).
ViacomCBS Domestic Media Networks logo (2020-2022).

Warner Communications joint venture (1977-1984)

Warner Cable Communications was founded on December 1, 1977 by Warner Cable, itself a division of Warner Communications, to launch QUBE, an interactive cable television network. Seeing the potential in the creation of new cable networks, Warner Cable divested QUBE's biggest brands, Star Channel, Pinwheel and Sight on Sound, into nationwide outlets. Star Channel began by satellite in January 1979 and was renamed The Movie Channel by the end of the year. The original Channel C-3, by then known as Pinwheel, became Nickelodeon in April 1979. As a result of these actions, Warner Cable Communications would then be rebranded as Warner-Amex Satellite Entertainment, becoming a joint venture between Warner Cable and American Express.

In 1980, Warner-Amex formed a joint venture with Cablevision's Rainbow Media division to launch Bravo, a cable network dedicated to arts and films, on December 1, 1980. Full control of the channel, however, was sold to Rainbow Media in 1984; NBC would acquire Bravo in 2003, and the channel is now currently owned by Comcast's NBCUniversal.[2]

On August 1, 1981, Sight on Sound was relaunched as MTV.

In 1983, concerned by the strategic and financial failure of its pay-TV venture The Movie Channel (started to reap the benefits Time Inc. was having with HBO and Cinemax), WASEC established a joint venture with Viacom, merging TMC with their premium movie network Showtime to form Showtime/The Movie Channel, Inc.; WASEC, however, had no operational involvement in the joint venture.

Warner Cable ends and Viacom gets full ownership (1984-2011)

On June 25, 1984, Warner Communications made the decision to divest Nickelodeon, MTV, and VH-1 (launched in 1985; Warner acquired it from Turner) into a new public corporation called MTV Networks.[3][4] A year later, Warner would acquire the 50% stake from American Express.[5]

On August 27, 1985, Warner sold 31% of MTV Networks to Viacom, with Warner also selling 19% of its Showtime/The Movie Channel, Inc. joint to Viacom as well.[6][7]

In November 1985, Viacom bought the remaining 69% of MTV Networks from Warner for $326 million,[8] The acquisition was completed on May 20, 1986,[9] causing Viacom to instantly become a mass media company rather than simply a distributor.[a]

In 2003, MTV Networks assumed full ownership of Comedy Central from AOL Time Warner.

In January 2006, the remnants of MTV Networks and Showtime Networks were separated following Viacom's split into two entities: CBS Corporation, which retained CBS, UPN, Simon & Schuster and Showtime Networks (Showtime, The Movie Channel, and Flix), and a spun-off company under the Viacom name, which took ownership of Paramount Pictures, BET Networks and MTV Networks (Comedy Central, MTV, Nickelodeon, and VH1). MTV Networks was renamed Viacom Media Networks in 2011.

Expansion (2011-2019)

In the fall of 2012, media analysts began to report that ratings among some of Viacom's leading brands in the U.S were experiencing declines in viewership.[15][16] MTV, Comedy Central and Nickelodeon were of most concern to investors as the three account for roughly 50% of Viacom's operating profit, estimated David Bank of RBC Capital Markets.

In 2017, Viacom announced a five-point restructuring plan, in which the company would pour most of its resources behind six "flagship brands". These were MTV, Comedy Central, Nickelodeon, Nick Jr., BET, and Paramount Pictures.[17][18][19][20] In February 2017, cable channels CMT and TV Land were moved from the Kids and Family Group to the Global Entertainment Group under Kevin Kay, joining up with Spike TV.[21] During the same month, it was announced that Spike would be relaunched as Paramount Network in 2018, aligning with the namesake film studio and being positioned as Viacom's main general entertainment outlet.[22][23]

In October 2018, Kevin Kay was announced to be leaving his position as head of the Entertainment Group. CMT was transferred from the Entertainment Group to the Music Group under president Chris McCarthy, with his exit. Executive Kent Alterman would take charge of Paramount Network and TV Land to go with his current leadership of Comedy Central and Bellator MMA.[24]

In 2019, after acquiring the free streaming service Pluto TV, Viacom would launch several channels on the service branded after its Media Networks and company-owned IP.[25][26][27][28]

Reintroduction and re-merger with CBS (2019-present)

In August 2019, Viacom announced that it would merge with CBS Corporation, reuniting the two entities under the new name ViacomCBS.[29][30] The merger closed in early December 2019.[31][32] Announced on November 11, 2019, as part of the re-merger, the Media Networks division was renamed ViacomCBS Domestic Media Networks, and reorganized. MTV, VH1, CMT and Logo were reorganized into the "Entertainment & Youth Group",[33] with the addition of Comedy Central, Paramount Network, Smithsonian Channel, and TV Land. BET Networks was merged with Showtime Networks under CEO David Nevins, who also temporarily gained oversight of Pop TV (formerly co-owned with Lionsgate);[34] Pop TV was transferred to the Entertainment & Youth Group on January 15, 2020.[35] On February 16, 2022, ViacomCBS was renamed as Paramount Global, and ViacomCBS Domestic Media Networks was renamed Paramount Media Networks.[36]

Channels list

CMT
MTV
Comedy Central
Paramount Network
Showtime
Nickelodeon

Current channels

Category Name Notes Launch
MTV Entertainment Group
CMT Branded Networks CMT 5 March 5, 1983
CMT Music 6 August 1, 1998
MTV Branded Networks MTV 1 August 1, 1981
MTV2 August 1, 1996
MTV Classic 19 August 1, 1998
MTV Live 20 January 16, 2006
MTV Tres August 1, 1998
MTVU 22 January 20, 2004
Entertainment & Youth Group Comedy Central 2 June 1, 1991
Logo TV 4 June 30, 2005
Paramount Network 3, 5 March 7, 1983
Pop 15 1981
Smithsonian Channel 13 September 26, 2007
TV Land 14 April 29, 1996
Premium Networks Group (Showtime Networks)
Showtime Networks Showtime
  • Showtime 2
  • Showcase
  • SHO×BET
  • Showtime Extreme
  • Showtime Family Zone
  • Showtime Next
  • Showtime Women
12 May 9, 1976 (Showtime)
October 1, 1991 (Showtime 2)
September 1999 (SHO×BET)
1996 (Showcase)
March 10, 1998 (Showtime Extreme)
March 2001 (Showtime Family Zone, Next and Women)
The Movie Channel
  • The Movie Channel Xtra
18 December 1, 1979
October 1, 1997
Flix 16 August 1, 1992
Kids & Family Entertainment (Nickelodeon Group)
Nickelodeon Networks Nickelodeon 7 April 1, 1979
Nick Jr. 8 September 28, 2009
Nick at Nite July 1, 1985
NickMusic 9 May 1, 2002
Nicktoons 10
TeenNick 11 September 28, 2009

Former channels and blocks

Notes

1Channel was originally launched under Warner-Amex Satellite Entertainment and tested as Sight on Sound until 1981, when it officially launched as MTV.

2Channel started as Ha!, merged with HBO's The Comedy Channel the following year, became entirely owned by Viacom in 2003.

3Originally TNN from 1983 to 2003 (as The Nashville Network until 1997; as The National Network until 2003) and as Spike until January 2018.

4Channel was originally known as VH1 MegaHits before being discontinued in July 2005 to facilitate Logo launch.

5Channel was previously owned by Gaylord Entertainment Company, acquired in 1997 by the CBS Cable division of CBS Corporation, and became part of MTV Networks when CBS merged with Viacom.

6Channel created as VH1 Country before Viacom/CBS merger.

7Channel was originally launched under Warner-Amex Satellite Entertainment and tested as Pinwheel until 1979, then was officially launched as Nickelodeon.

8Channel space was previously held by Noggin (a joint venture with Sesame Workshop) before being replaced with the Nick Jr. Channel in 2009.

9Channel was originally known as MTV Hits before being rebranded as NickMusic on September 9, 2016.

10Channel was originally known as Nicktoons TV until 2003 when it was rebranded as Nicktoons which was rebranded again as Nicktoons Network in 2005 and finally rebranded yet again as Nicktoons (styled as "nicktoons") once more in 2009.

11Channel space was previously held by Nickelodeon Games and Sports for Kids from 1999 to 2007, and a 24-hour version of Noggin's The N brand from 2007 to 2009.

12Channel originally owned by the first incarnation of Viacom, and earlier with former partner Warner-Amex, and later became part of CBS Corporation following Viacom's split in 2006. Showtime was established in 1976, and The Movie Channel was established in 1973 as Star Channel and relaunched under its current name in 1979.

13Channel was originally co-owned by CBS Corporation through Showtime Networks and the Smithsonian Institution until November 7, 2019, when the Institution sold its equity interest to Showtime.[37]

14Channel was originally a block on Nick at Nite.

15Previously owned by CBS Corporation, and before 2019, half of the share was owned by Lionsgate. Formerly known as TVGN, TV Guide Network, and TV Guide Channel.

16Established by Viacom's Showtime Networks in 1992 and later became part of CBS Corporation following Viacom's split in 2006.

17Channel was formerly Showtime Beyond from 1999 and was discontinued on July 15, 2020.

18Channel was originally known as "Star Channel" until it was bought by Warner-Amex Satellite Entertainment before becoming "The Movie Channel" in 1979.

19Channel was originally known as VH1 Smooth before being relaunched as VH1 Classic Rock on August 1, 1999. The channel was renamed VH1 Classic in 2000 and was later rebranded as MTV Classic on August 1, 2016.

20Channel was originally known as Music: High Definition (MHD) before being rebranded as Palladia on September 1, 2008. On February 1, 2016, the channel was rebranded as MTV Live.

21Channel was originally a division of Warner Communications and the original owner of MTV, and launched on January 1, 1985, in the former space of Turner's short-lived Cable Music Channel.

22Channel slot was originally VH1 Uno, until MTV Networks on Campus replaced VH1 Uno with a televised simulcast of MTVU. The college campus feed of MTVU no longer exists but the public feed is still on a limited amount of MSOs.

Other properties

Internet

Through its Networks division, Paramount also owns internet properties, such as MTV News and AwesomenessTV. The company ran a virtual world system, Virtual MTV, in the late 2000s.[38]

The company has owned various other internet properties including virtual pets website Neopets; Flash game websites AddictingGames.com and Shockwave.com; online content production company Atom Entertainment; along with RateMyProfessors.com, GameTrailers, and iFilm, all of which have been shut down or sold off during 2000s and 2010s.

New York headquarters

During the first quarter of 2008, iFilm was merged into Spike with its website re-branded and re-purposed as Spike.com.[39]

In 2014, Viacom purchased a stake in multi-channel network Defy Media, while offloading GameTrailers, Addicting Games, and Shockwave to Defy.[40]

Gaming

In 2006, Viacom acquired Harmonix, a video game studio oriented towards music video games and the original developer of the Guitar Hero franchise, for $175 million.[41] The two subsequently collaborated on the creation of Rock Band.[42] That year, Viacom also acquired the gaming-oriented communications platform Xfire.[43]

In 2010, Harmonix was divested to an investment firm to become an independent studio,[44][45] and Xfire was sold.[46]

In 2011, Viacom established a short-lived, in-house development studio known as 345 Games, which was dedicated primarily to developing games based on Comedy Central, MTV and Spike properties.[47]

Units

Paramount International Networks

Paramount International Networks is the sibling division of Paramount Media Networks. Its headquarters are in New York, London, Warsaw, and Buenos Aires, and manages the following brands: MTV, Nickelodeon, Comedy Central, VH1, Channel 5, Network 10, Telefe, Chilevisión, TeleColombia and Colors.

The division is split into three regional units:

Former brands include TMF and VIVA which, along with digital properties Nitrome Limited, Shockwave, Addicting Games, Atom Films and Xfire, have either since merged with other networks, were shut down, or were sold off.

MTV Entertainment Group

MTV Entertainment Group
TypeSubsidiary
FoundedAugust 1, 1996; 26 years ago (August 1, 1996)
Headquarters,
U.S.
Key people
Chris McCarthy (President, CEO)
Brands
OwnerParamount Global
ParentParamount Media Networks
Subsidiaries

MTV Entertainment Group is a subsidiary of Paramount Media Networks and serves as the holdings company for MTV, Pop TV, CMT, Paramount Network, Comedy Central, TV Land, Logo TV, Smithsonian Channel, Showtime, The Movie Channel, Flix and its Studios.[49]

[53] In 2022, MTV Entertainment Group partnered up with Second Chance Studios to launch Media careers.

Kids & Family Entertainment

Notes

  1. ^ The buyout of MTV Networks by Viacom would initially end Warner's first venture into cable television until returning in 1990, when it brought in HBO and Cinemax as part of its merger with Time Inc.[10] Time Warner, as the company was now known as, would later purchase the CMC's former owner Turner Broadcasting System on October 10, 1996,[11] bringing in more cable networks such as TBS, TNT, TCM, Cartoon Network, CNN and HLN. Time Warner would retain Time Warner Cable until spinning off that division into a separate company in 2009;[12] that unit would eventually become part of Spectrum, a brand of Charter Communications which was launched in 2014. Time Warner was later acquired by AT&T in 2018[13] and then took on the "WarnerMedia" name. WarnerMedia would, however, spin itself off from AT&T on March 28, 2022 and later merge with Discovery, Inc. to form Warner Bros. Discovery; the move, which added Discovery Channel, Animal Planet, TLC, Discovery Family, Eurosport, HGTV, Travel Channel, Food Network, Cooking Channel and Magnolia Network among others to the portfolio, was officially completed on April 8, 2022.[14]

References

  1. ^ "Paramount+ Orders More '1883' and Another 'Yellowstone' Prequel". The Hollywood Reporter. February 15, 2022.
  2. ^ MCN Staff (November 4, 2002). "NBC to Buy Bravo". Multichannel News. Retrieved 2022.
  3. ^ "Warner takes MTV, Nickelodeon public" (PDF). Broadcasting. Broadcasting Publications, Inc. June 25, 1984. Retrieved 2022 – via World Radio History.
  4. ^ "BUSINESS PEOPLE; A Chief Is Named By MTV Networks". The New York Times. July 19, 1985. Retrieved 2014.
  5. ^ "Warner to buy out American Express; MTV to go private (page 29)" (PDF). Broadcasting. Broadcasting Publications, Inc. August 12, 1985. Retrieved 2022 – via World Radio History.
  6. ^ "Viacom to Buy Warner Stake In Cable Units". The Washington Post. August 27, 1985.{{cite news}}: CS1 maint: url-status (link)
  7. ^ "Viacom gets its MTV (page 50)" (PDF). Broadcasting. Broadcasting Publications, Inc. September 2, 1985. Retrieved 2022 – via World Radio History.
  8. ^ Fabrikant, Geraldine (September 17, 1986). "VIACOM CHIEF LEADS GROUP'S BUYOUT BID (Published 1986)". The New York Times. ISSN 0362-4331. Retrieved 2021. In November 1985, Viacom acquired MTV Networks for $326 million in cash and warrants. One-third of MTV was publicly owned; the rest was owned by Warner Communications and the American Express Company. At the same time, Viacom bought 50 percent of Showtime, the pay television service, that it did not already own for $184 million.{{cite news}}: CS1 maint: url-status (link)
  9. ^ "Viacom has bought MTV and Showtime/TMC" (PDF). Broadcasting. Broadcasting Publications, Inc. May 20, 1986. Retrieved 2022 – via World Radio History.
  10. ^ "URGENT Delaware Court Rules In Favor Of Time-Warner Merger". AP NEWS. Retrieved 2022.
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  24. ^ Holloway, Daniel; Otterson, Joe (October 25, 2018). "Kevin Kay Exits Paramount Network as Viacom Reorganizes Cable Channels". Variety. Retrieved 2019.
  25. ^ "Viacom Acquires Free Streaming Platform Pluto TV for $340 Million". The Hollywood Reporter. January 22, 2019. Retrieved 2019.
  26. ^ "Viacom Announces Completion of Pluto TV Acquisition". www.businesswire.com. March 4, 2019. Retrieved 2019.
  27. ^ Spangler, Todd (April 29, 2019). "Viacom Launching 14 Free Channels on Pluto TV, Sets Broad Digital Originals Slate". Variety. Retrieved 2019.
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  34. ^ Viacom and CBS Announce Content and Digital Leadership
  35. ^ Littleton, Cynthia (January 15, 2020). "ViacomCBS Shuffles Oversight of Pop TV, Bellator MMA Amid Post-Merger Restructuring (EXCLUSIVE)". Variety.
  36. ^ Petski, Denise (April 29, 2022). "Michael Fabiani Upped To SVP Communications, Paramount Media Networks & MTV Entertainment Studios". Deadline. Retrieved 2022.
  37. ^ "Smithsonian sells its stake in... the Smithsonian Channel". www.bizjournals.com. November 8, 2019. Retrieved 2020.
  38. ^ "Virtual MTV Launches Alpha of Browser-Based Experience". Engage Digital. February 5, 2009. Retrieved 2015.
  39. ^ Andrew Hampp (September 11, 2007). "Once Considered a YouTube Rival, MTV Does Away With IFilm.com". AdAge. Retrieved 2012.
  40. ^ Kafka, Peter (June 9, 2014). "Viacom Makes a Web Video Bet, and Grabs a Piece of Defy Media". Recode. Retrieved 2018.
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  43. ^ "Viacom to acquire Xfire". GameSpot. April 24, 2006. Retrieved 2017.
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  53. ^ Studios, Second Chance. "Second Chance Studios Graduates First Class of Formerly Incarcerated Fellows, Partnering with MTV Entertainment Group to Launch Media Careers". www.prnewswire.com. Retrieved 2022.
  54. ^ "NICKELODEON ESTABLISHES AVATAR STUDIOS, BRAND-NEW CONTENT DIVISION DEVOTED TO EXPANDING THE WORLD OF AVATAR: LAST AIRBENDER AND THE LEGEND OF KORRA | Nick Press". NickPress. Retrieved 2022.
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