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Paramount Global was originally known as ViacomCBS until early 2022.
Answer: True
Explanation: Paramount Global was indeed formerly known as ViacomCBS, with the rebranding to Paramount Global taking effect in February 2022.
The corporate entity that eventually became Paramount Global was formed through the merger of the second incarnations of CBS Corporation and Viacom.
Answer: True
Explanation: The merger that created ViacomCBS (later Paramount Global) involved the second iterations of CBS Corporation and Viacom, not their original entities.
The merger of CBS Corporation and Viacom officially closed on December 4, 2019, under the name ViacomCBS.
Answer: True
Explanation: The merger of CBS Corporation and Viacom was officially completed on December 4, 2019, and the combined entity was named ViacomCBS.
ViacomCBS's initial logo featured inverted colors from 2019 to 2020.
Answer: True
Explanation: The initial logo for ViacomCBS, used from 2019 to 2020, did feature inverted colors.
The rebranding from ViacomCBS to Paramount Global was intended to leverage the company's iconic global name.
Answer: True
Explanation: The rebranding to Paramount Global was explicitly stated to leverage the company's iconic global name and identity.
Paramount Global ceased to exist as an independent entity in August 2025.
Answer: True
Explanation: Paramount Global merged with National Amusements and Skydance Media on August 7, 2025, marking the end of its existence as a standalone company.
The merger of CBS and Viacom in 2019 reunited CBS with its former syndication division.
Answer: True
Explanation: The 2019 merger of CBS and Viacom effectively reunited CBS with Viacom, which originated from CBS's former syndication division.
The rebranding to Paramount Global occurred on February 16, 2022.
Answer: True
Explanation: The rebranding of ViacomCBS to Paramount Global officially took effect on February 16, 2022.
What was the former name of Paramount Global before its rebranding in February 2022?
Answer: ViacomCBS
Explanation: Prior to its rebranding to Paramount Global on February 16, 2022, the company was known as ViacomCBS.
On what date was the entity that became Paramount Global officially formed through the merger of CBS Corporation and Viacom?
Answer: December 4, 2019
Explanation: The entity that would later be known as Paramount Global was formed on December 4, 2019, through the merger of CBS Corporation and Viacom, initially operating under the name ViacomCBS.
What was the primary reason cited for ViacomCBS rebranding to Paramount Global?
Answer: To leverage its iconic global name and identity
Explanation: The rebranding from ViacomCBS to Paramount Global was primarily motivated by the desire to leverage the company's globally recognized and iconic 'Paramount' brand name.
When did Paramount Global cease to exist as an independent entity?
Answer: August 7, 2025
Explanation: Paramount Global ceased to exist as an independent entity on August 7, 2025, upon its merger with National Amusements and Skydance Media.
The headquarters of Paramount Global were located in Los Angeles, California.
Answer: False
Explanation: Paramount Global's corporate headquarters were situated at One Astor Plaza in Midtown Manhattan, New York City, not Los Angeles.
Paramount Pictures Corporation was one of the seven major units comprising Paramount Global.
Answer: True
Explanation: Paramount Pictures Corporation was indeed listed as one of the seven primary business units within Paramount Global's structure.
Paramount Global's BET Media Group oversees the BET+ streaming service.
Answer: False
Explanation: According to the provided information, BET+ is overseen by Paramount Streaming, while BET Media Group primarily manages BET and its sister channels.
MTV, Nickelodeon, and Comedy Central are part of Paramount International Networks.
Answer: False
Explanation: MTV, Nickelodeon, and Comedy Central are U.S. domestic channels that fall under Paramount Media Networks, not Paramount International Networks.
Pluto TV is one of the streaming services encompassed by Paramount Streaming.
Answer: True
Explanation: Pluto TV is identified as one of the global over-the-top streaming services managed by Paramount Streaming.
Channel 5 in the UK is managed by Paramount Media Networks.
Answer: False
Explanation: Channel 5 in the UK is managed by Paramount International Networks, which oversees international assets, not Paramount Media Networks.
Paramount Global holds a 50% stake in the SkyShowtime streaming service.
Answer: True
Explanation: SkyShowtime is a joint venture co-owned by Paramount Global and Comcast, with Paramount Global holding a 50% stake.
Paramount Global Content Distribution handles domestic licensing for Paramount's television productions.
Answer: False
Explanation: Paramount Global Content Distribution is responsible for global international licensing and distribution, not domestic licensing.
Paramount Global consisted of eight major business units.
Answer: False
Explanation: Paramount Global comprised seven major business units, not eight.
Paramount Pictures Corporation includes Nickelodeon Movies and Republic Pictures among its assets.
Answer: True
Explanation: Nickelodeon Movies and Republic Pictures are indeed among the assets included within Paramount Pictures Corporation.
Where was the corporate headquarters of Paramount Global located?
Answer: One Astor Plaza, New York City
Explanation: The corporate headquarters of Paramount Global were located at One Astor Plaza in Midtown Manhattan, New York City.
Which of the following was NOT listed as a major business unit of Paramount Global?
Answer: Paramount Global Advertising Sales
Explanation: Paramount Global Advertising Sales was not listed among the seven major business units of Paramount Global; the listed units were Paramount Pictures Corporation, CBS Entertainment Group, Paramount Global Content Distribution, Paramount Media Networks, Paramount International Networks, Paramount Streaming, and Paramount Experiences.
What was the purpose of the Paramount Global Content Distribution division?
Answer: Licensing and distributing productions to international markets
Explanation: The Paramount Global Content Distribution division is responsible for the worldwide licensing and distribution of the company's television productions to international markets.
Which of the following cable networks falls under Paramount Media Networks?
Answer: Paramount Network
Explanation: Paramount Network is listed as one of the U.S. cable channels included within Paramount Media Networks.
What is Pluto TV, according to the description of Paramount Streaming?
Answer: A global over-the-top streaming service
Explanation: Pluto TV is described as one of Paramount Streaming's global over-the-top streaming services.
Which of the following is NOT part of the CBS Entertainment Group within Paramount Global?
Answer: Paramount Pictures
Explanation: Paramount Pictures Corporation is identified as a distinct major business unit of Paramount Global, separate from the CBS Entertainment Group.
What was the total number of employees at Paramount Global in 2024?
Answer: 18,600
Explanation: In 2024, Paramount Global reported a total of 18,600 employees.
ViacomCBS sold CNET Media Group to Red Ventures for $500 million in 2020.
Answer: True
Explanation: In 2020, ViacomCBS divested the CNET Media Group, selling it to Red Ventures for $500 million.
Paramount Global held a majority stake in The CW television network after 2022.
Answer: False
Explanation: Paramount Global held a minority stake (12.5%) in The CW television network after 2022; Nexstar Media Group acquired the majority share.
Simon & Schuster, Paramount Global's publishing unit, was sold to KKR in late 2023 for $1.6 billion.
Answer: True
Explanation: Paramount Global completed the sale of its publishing unit, Simon & Schuster, to KKR for $1.6 billion in October 2023.
Paramount Global shut down Paramount Television Studios in August 2024.
Answer: True
Explanation: Paramount Global announced the shutdown of Paramount Television Studios in August 2024 as part of broader restructuring efforts.
Paramount Global sold its 49% stake in Miramax in 2020.
Answer: False
Explanation: Paramount Global (as ViacomCBS) acquired a 49% stake in Miramax in December 2019, rather than selling a stake in 2020.
The sale of Simon & Schuster to Penguin Random House for $2.175 billion was completed in November 2020.
Answer: False
Explanation: The sale of Simon & Schuster to Penguin Random House for $2.175 billion was agreed upon in November 2020 but was ultimately blocked by a U.S. federal judge and not completed.
The CBS Studio Center was sold for $1.85 billion in November 2021.
Answer: True
Explanation: ViacomCBS sold the CBS Studio Center for $1.85 billion in November 2021.
VidCon was sold to Informa, a UK firm, in September 2024.
Answer: True
Explanation: Paramount Global sold VidCon to the UK-based firm Informa in September 2024.
Paramount Pictures acquired a 49% stake in Miramax from beIN Media Group.
Answer: True
Explanation: Paramount Pictures, as part of ViacomCBS, acquired a 49% stake in Miramax from beIN Media Group in December 2019.
In 2020, ViacomCBS sold the CNET Media Group to which company?
Answer: Red Ventures
Explanation: In 2020, ViacomCBS divested the CNET Media Group, selling it to Red Ventures.
What percentage of The CW Television Network did Paramount Global hold after Nexstar Media Group's acquisition in August 2022?
Answer: 12.5%
Explanation: Following Nexstar Media Group's acquisition of a majority stake in August 2022, Paramount Global retained a 12.5% ownership interest in The CW Television Network.
Paramount Global sold its publishing unit, Simon & Schuster, to KKR for how much in October 2023?
Answer: $1.6 billion
Explanation: Paramount Global sold its publishing unit, Simon & Schuster, to KKR for $1.6 billion in October 2023.
The shutdown of Paramount Television Studios in August 2024 was linked to what event?
Answer: A $6 billion write-down on cable television networks
Explanation: The shutdown of Paramount Television Studios in August 2024 was linked to a $6 billion write-down on the company's cable television networks, which also precipitated workforce reductions.
Which entity was acquired by Paramount Global (as ViacomCBS) in December 2019?
Answer: Miramax (49% stake)
Explanation: In December 2019, ViacomCBS acquired a 49% minority stake in Miramax.
What was the reported value of the deal when Nexstar Media Group acquired a majority share in The CW?
Answer: The source does not specify a monetary value for the deal, only the share percentage.
Explanation: While the acquisition of a majority share in The CW by Nexstar Media Group is documented, the provided source material does not specify a monetary value for this transaction.
Which company acquired VidCon from Paramount Global in September 2024?
Answer: Informa
Explanation: VidCon was acquired by the UK firm Informa from Paramount Global in September 2024.
National Amusements accused Shari Redstone of abusing her voting power in a 2018 legal dispute with CBS Corporation.
Answer: False
Explanation: The 2018 legal dispute involved CBS Corporation suing National Amusements and Shari Redstone, alleging abuse of voting power, rather than the reverse.
George Cheeks, Brian Robbins, and Chris McCarthy replaced Bob Bakish as the CEO of Paramount Global.
Answer: True
Explanation: Following Bob Bakish's departure, an 'Office of the CEO' comprising George Cheeks, Brian Robbins, and Chris McCarthy assumed leadership responsibilities.
Paramount Global agreed to pay $16 million to settle a lawsuit concerning a '60 Minutes' interview.
Answer: True
Explanation: Paramount Global agreed to a $16 million settlement to resolve a lawsuit filed by Donald Trump concerning allegations related to a '60 Minutes' interview.
Shari Redstone was set to receive $2.4 billion for her share in National Amusements as part of the Skydance merger deal.
Answer: True
Explanation: As part of the proposed Skydance merger deal, Shari Redstone's share in National Amusements was valued at approximately $2.4 billion.
The 15% workforce reduction at Paramount Global was due to a $6 billion write-down on its streaming services.
Answer: False
Explanation: The 15% workforce reduction was attributed to a $6 billion write-down on cable television networks, not streaming services.
Donald Trump alleged that Paramount Global deceptively edited a '60 Minutes' interview.
Answer: True
Explanation: Donald Trump filed a lawsuit alleging deceptive editing of a '60 Minutes' interview by Paramount Global.
National Amusements held majority voting power in Paramount Global, owning over 80% of the voting shares.
Answer: False
Explanation: National Amusements held 79.9% of the voting power in Paramount Global, which is not strictly 'over 80%'.
In 2024, Paramount Global reported a net income of over $6 billion.
Answer: False
Explanation: In 2024, Paramount Global reported a net income loss of approximately $6.2 billion, not a profit exceeding $6 billion.
The 'Office of the CEO' was established after Bob Bakish stepped down in April 2024.
Answer: True
Explanation: Following Bob Bakish's departure in April 2024, an 'Office of the CEO' was instituted to lead the company.
What was the outcome of the legal dispute initiated by CBS Corporation against National Amusements in 2018?
Answer: CBS accused Shari Redstone of abusing voting power.
Explanation: The legal dispute initiated by CBS Corporation against National Amusements in 2018 centered on allegations that Shari Redstone abused her voting power.
Who comprised the 'Office of the CEO' that succeeded Bob Bakish in April 2024?
Answer: Brian Robbins, George Cheeks, and Chris McCarthy
Explanation: The 'Office of the CEO' that succeeded Bob Bakish in April 2024 comprised Brian Robbins, George Cheeks, and Chris McCarthy.
The lawsuit filed by Donald Trump against Paramount Global concerned allegations of:
Answer: Deceptive editing of a '60 Minutes' interview
Explanation: The lawsuit filed by Donald Trump against Paramount Global concerned allegations of deceptive editing of a '60 Minutes' interview.
Warner Bros. Discovery was in talks to merge with Paramount Global starting in December 2024.
Answer: False
Explanation: Reports indicate that merger talks between Warner Bros. Discovery and Paramount Global began in December 2023, not December 2024.
Skydance Media's initial offer in early 2024 involved a bid for Paramount Pictures directly.
Answer: False
Explanation: Skydance Media's initial offer in early 2024 was reportedly focused on acquiring National Amusements, the controlling shareholder of Paramount Global, rather than Paramount Pictures directly.
The enterprise value of the final Skydance Media merger deal was reported to be $28 billion.
Answer: True
Explanation: The final merger agreement between Paramount Global and Skydance Media, approved in July 2024, carried a reported enterprise value of $28 billion.
Sony Pictures and Apollo Global Management offered $26 billion in cash for Paramount Global in May 2024.
Answer: True
Explanation: Sony Pictures and Apollo Global Management submitted a non-binding offer of $26 billion in cash for Paramount Global in May 2024.
A $400 million breakup fee was stipulated if Paramount Global accepted a superior offer to Skydance's.
Answer: True
Explanation: A breakup fee of $400 million was reportedly stipulated, payable to Skydance if Paramount Global accepted a superior acquisition offer.
Which company was reportedly in talks to merge with Paramount Global starting in December 2023?
Answer: Warner Bros. Discovery
Explanation: Warner Bros. Discovery was reportedly engaged in merger discussions with Paramount Global beginning in December 2023.
What was Skydance Media's initial reported offer in January 2024?
Answer: A $2.5 billion bid for National Amusements
Explanation: Skydance Media's initial reported offer in January 2024 was an all-cash bid of $2.5 billion for National Amusements, the controlling shareholder of Paramount Global.
What was the reported enterprise value of the final merger deal between Paramount Global and Skydance Media, approved in July 2024?
Answer: $28 billion
Explanation: The final merger deal between Paramount Global and Skydance Media, approved in July 2024, had a reported enterprise value of $28 billion.
What was the reported all-cash offer made by Sony Pictures and Apollo Global Management for Paramount Global in May 2024?
Answer: $26 billion
Explanation: In May 2024, Sony Pictures and Apollo Global Management submitted a non-binding all-cash offer valued at $26 billion for Paramount Global.
Gulf and Western Industries was a direct predecessor company to Paramount Global.
Answer: False
Explanation: Gulf and Western Industries was a predecessor to Paramount Communications, which was later acquired by Viacom, making it an indirect predecessor to Paramount Global, not a direct one.
Viacom was originally created by CBS in 1970 as a division for syndication rights.
Answer: True
Explanation: CBS established a division in 1952 to handle syndication rights, which evolved and was renamed Viacom in 1970, subsequently spinning off due to FCC regulations.
Viacom acquired Paramount Communications in 1987.
Answer: False
Explanation: Viacom purchased Paramount Communications in 1994, not 1987.
In 2005, Viacom split into CBS Corporation and a new entity named ViacomCBS.
Answer: False
Explanation: In 2005, Viacom split into the second incarnation of CBS Corporation and the second incarnation of Viacom; the entity named ViacomCBS was formed later through a merger.
Paramount Pictures Corporation was founded in 1912 as Famous Players Film Company.
Answer: True
Explanation: Paramount Pictures Corporation originated in 1912 under the name Famous Players Film Company.
The FCC regulations mentioned were responsible for the 2019 merger of CBS and Viacom.
Answer: False
Explanation: FCC regulations were responsible for the spin-off of Viacom from CBS in 1971, not for the merger of CBS and Viacom in 2019.
The company known as Viacom originated from which division of CBS created in 1952?
Answer: CBS Television Film Sales
Explanation: The company known as Viacom originated from the CBS Television Film Sales division, which was created by CBS in 1952 to manage syndication rights.
In which year did Viacom acquire Paramount Communications?
Answer: 1994
Explanation: Viacom purchased Paramount Communications in 1994.
What significant corporate event occurred on December 31, 2005, involving Viacom?
Answer: Viacom split into CBS Corporation and Viacom.
Explanation: On December 31, 2005, Viacom underwent a significant corporate restructuring, splitting into the second incarnation of CBS Corporation and the second incarnation of Viacom.