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Beginning in 1914, the former company was renamed Paramount Pictures Corporation, as the oldest running movie studio in Hollywood, beating Universal Studios by a month. On March 24, 1966, Paramount was acquired by Gulf Western Industries, which later became Paramount Communications on June 5, 1989. On March 11, 1994, Paramount Communications was merged with Viacom. Viacom on December 31, 2005, split into two companies: one retaining its original name (that owns the BET Networks, MTV Networks and Paramount Pictures) and the other what was once the old Viacom but currently known as the "CBS Corporation" (which owns Paramount's television production and distribution arms, currently known as CBS Television Studios, CBS Television Distribution, and CBS Studios International, respectively); both companies are owned by National Amusements, Inc.

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current16:36, December 3, 2014Thumbnail for version as of 16:36, December 3, 201406:14480 × 269 (18 KB)TPercival (Talk | contribs)created video

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