History

        1889: Columbia Records formed                                

        1908: Paramount Studios created by W. W. Hodgkinson                           

        1916: Famous Players cinema chain buys Paramount                      

        1924: Publishing company Simon & Schuster founded

        1927: CBS formed                     

        1928: William S. Paley buys CBS               

        1938: CBS buys Columbia Records

        1946: United Paramount Theatres are established                                                 

        1954: Sumner Redstone controls National Amusements Inc

        1963: CBS is the first to come to the UK                          

        1965: CBS buys New York Yankees                               

        1966: Gulf + Western buys Paramount                         

        1968: CBS-Sony if founded in Japan      

        1971: Viacom formed

        1979: Viacom buys WAST-TV

        1980: Viacom buys Egmont Sonderling broadcasting group

                                    1982: HBO, Columbia Pictures, and CBS form Tri-Star Pictures 

                                              Viacom donates WWRL radio to United Negro College Fund 

                                   1985: Laurence Tisch buys 25% of CBS                               

                                                Blockbuster founded

                                   1987: NAI buys most of the interest in Viacom         

                                             Blockbuster bought by Wayne Huizenga

                                   1988: Blockbuster buys Video-Library chain, increases number of stores

                                              Sony Corp buys CBS Records' for $2 billion

                                   1990: Blockbuster buys out several video chains, stores exceed 1,500

                                   1992: Blockbuster buys Cityvision and becomes largest video renter in UK

                                             Blockbuster begins music "Megastore" after buying 2 major music stores

                                   1993: Blockbuster buys 35% of Republic Pictures

                                             Blockbuster Entertainment Corp invests $600 million in                        

                                                    Viacom                          

                                             Paramount and Chris-Craft Industries announce plans to launch a new   

                                                    broadcast network          

                                             Paramount Publishing announces plans to buy Macmillan Publishing    

                                                    Company

                                   1994:  Viacom, in agreement with PanAmSat, announces multi-transponder,    

                                                    multi-satellite agreement

                                              Simon & Schuster acquires Markt & Technik  

                                              Showtime and Castle Rock agree on a multi-year, 50-picture output      

                                                    deal

                                              Blockbuster invests 1.25 billion in Viacom, this buys Blockbuster for

                                                    $8.4 billion

                                              Viacom and Paramount announce $8.4 billion merger

                                              Viacom sells its 33% of Lifetime to Hearst corporation and ABC

                                              Viacom sells Madison Square Garden for $1.075 billion

                                              Viacom sells KRRT-TV San Antonio, WLFL-TV Raleigh/Durham and

                                                    WTXF-TV Philadelphia

                                              Viacom buys WGBS-TV Philadelphia, WBFS-TV Miami and WSBK-TV

                                                    Boston

                                              Viacom sells Prentice Hall Law & Business to Wolters Kluwer

                                    1995: Viacom acquires 20% stake in Byron Preiss Multimedia

                                              Viacom launches sams.net

                                              Viacom buys Atlanta station WVEU-TV

                                              Viacom sells KSLA-TV in Shreveport

                                              Viacom acquires Grupo Mexicano de Video, which operates 100 stores

                                              Viacom spins off TCI

                                              MTV Radio Network launched

                                              Sold Spelling Entertainment

                                              Westinghouse Electric buys CBS

                                    1996: Viacom buys the Waite Group

                                              Blockbuster starts using stored value giftcards

                                              MTV begins 24-hour programming in India

                                              Blockbuster opens store in Ecuador

                                              Bubba Gump Shrimp Co launched

                                              Jossey-Bass acquires Pfeiffer & Company

                                              Nickelodeon buys Barron Pfeiffer

                                              Radio MTV premiers in Los Angeles, CA

                                              Blockbuster gains 50 stores in Chile and 22 in Australia

                                              Blockbuster buys Christianshavn Video in Denmark

                                              First Blockbuster opens up in El Salvador and Portugal

                                              Paramount  acquiers WTOG-TV and UPN in Tampa after a switch w/

                                                    Hubbard

                                              Viacom buys 50% of MTV Brasil from Abril

                                              Blockbuster gains 141 stores in Eire and 76 in Northern Ireland

                                              Viacom became public with it's plans for 50% ownership in UPN

                                              Westinghouse sells Knoll furniture business

                                              CBS buys Infinity radio broadcasting & outdoor advertising for $4.7

                                                    billion

                                              Blockbuster acquires all retail operations of Video Invest Espanol SA

                                    1997: Westinghouse Electric changes name to CBS

                                              Spelling Entertainment sells its majority interest in Virgin Interactive

                                                    Entertainment

                                              Blockbuster opens first store in Taiwan

                                              MTV launched in Australia

                                              Viacom's equity in Spelling increases to 80%

                                              Paramount Stations Group swaps stations in Tacoma and St. Louis with

                                                    Cox Broadcasting and Belo

                                              Paramount sells ten-stations Radio Group to Chancellor Media

                                              South Park

                                              Paramount Stations Group increases to 17 stations

                                              Westinghouse changes name to CBS, sells hardware operations

                                              CBS buys American Radio System chain for $2.6 billion, increases

                                                     stations to 175

                                              Viacom sells interest in USA Networks to Seagram

                                              Cinamerica Theaters joint venture of Viacom and Time Warner

                                                    sold to WestStar Holdings

                                              Blockbuster buys 39 Video Flicks stores in Australia  

                                              Blockbuster Gemini joint-venture to develop 65 stores in Poland         

                                    1998: Las Vegas Star Trek theme park opens

                                              Spelling Films closes

                                              CBS sells 17% of Infinity Broadcasting for $2.9 billion

                                    1999: CBS buys King World Productions for $2.5 billion

                                              Viacom buys CBS for $50 billion

                                    2001: Viacom buys The Music Factory from Wegener      

 

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