The second incarnation of Viacom Inc. (/ˈvaɪəkɒm/ VY-ə-kom or /ˈviːəkɒm/ VEE-ə-kom; a portmanteau of Video & Audio Communications) was an American multinational mass media and entertainment conglomerate with interests primarily in film and television. It was established on December 31, 2005, as one of two companies which succeeded the original Viacom, alongside the second CBS Corporation; both were owned by National Amusements, a theater company controlled by businessman Sumner Redstone. The split was structured with the second Viacom being a spin-off of the original Viacom, which renamed itself to CBS Corporation. More information...
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