1967: Desilu Productions was acquired by Gulf+Western. The company was renamed to Paramount Television in December. Desilu Sales was in turn merged with Paramount's syndication division to become Paramount Television Sales.
1994:March 11, Viacom acquired Paramount Communications, resulting in the formation of Paramount/Viacom as a byline for several of Viacom's subsidiaries.
1953: CBS formed CBS Films as the distributor of off-network and first-run syndicated programming to local TV stations in the United States and abroad.
1971: CBS Films was spun-off as Video & Audio Communications (or Viacom).
1995:November 28, Westinghouse Electric acquires CBS.
1995:Viacom Enterprises was absorbed into Paramount Domestic Television. The name Paramount Network Television (PNT) was also used for the first time ever (Viacom Productions would also become a division of PNT).
2004: Viacom Productions was folded into Paramount Television by ceasing its television operations.
1962:ABC formed ABC Films as the domestic syndicator of independent programming supplied for the network. Worldvision Enterprises (WVE) was also established, initially as the network's international distribution branch to other countries.
1973: Worldvision name adapted by ABC's original domestic syndication arm, formed in 1962.
2000: In January, CBS acquires King World and forms CBS Enterprises, Inc., after which Eyemark Entertainment folds into King World.
2000: After Viacom's merger with CBS, Paramount TV acquired CBS Enterprises, which included King World at that time.
2006:September 26, As part of the corporate restructuring, King World along with CBS Paramount Domestic Television and CBS Paramount International Television forms the CBS Television Distribution group.
2004: Viacom merged CBS Productions and Paramount Network Television to form CBS Paramount Network Television Entertainment Group. Their respective logos remain the same.
2006: When the CBS/Viacom split took effect, CBS inherited Paramount's TV program library, with the new Viacom keeping Paramount's films.
2006: On January 17, CBS Corporation CEO Les Moonves announced that Paramount Television would be renamed CBS Paramount Television as of that day, after merging with CBS Productions, with both the CBS 'eyemark' and Paramount's mountain united in the new logo.[1]
2006: CBS Corp. merged its TV distribution arms; King World, CBS Paramount International Television and CBS Paramount Domestic Television to form CBS Television Distribution (CTD).
The company
Today, CBS Paramount Television--the only CBS-owned company that uses Paramount name and logo in the company's name and logo (Paramount Pictures is currently owned by the post-2006 Viacom that was spun-off from CBS, which which was once known as the old Viacom)--has 2 divisions: CBS Paramount Network Television (the production arm) and CBS Television Distribution (the distribution arm).
National Amusements retains majority control of both CBS and the new Viacom. As such, many Paramount films are still distributed by CBS Paramount Television and Paramount Home Entertainment continues to distribute home video sales of CBS shows.
The studio has an output deal with Australia's Channel Ten, which means that Ten usually gets first airing rights to the studio's productions.
Until recently—in the U.S.—King World distributed its product independently from CBS Paramount, while internationally CBS Paramount International Television handled distribution and sales. As of September 27, 2007 the CBS Television Distribution logo appears after shows that had been distributed by King World.
Criticism
The company has been criticized by many for being unwilling to secure music rights for DVD, something that its predecessor, Paramount Home Entertainment (which still distributes the library on DVD), was usually willing to do, and for also plastering over the original period-appropriate Paramount Television logos with modern CBS Paramount logos on all the DVD sets of their shows, whereas PHE was usually willing to preserve them.
Libraries
Among CBS Paramount Television's holdings are libraries from the following:
Some of Paramount's silent films from 1923-28, and most sound films from 1950 onward
Many of the silent films (especially those before 1923) are in the public domain, and may be distributed by companies which distribute public domain features on TV. Yet another portion of the silent films are lost. Some silents are currently aired on TCM.
This does not include television distribution rights to most of the Filmation library, which are currently owned by Entertainment Rights Plc
Television distribution rights to CBS' own library of theatrical films such as My Fair Lady, which CBS owns the copyright to
CBS-produced films released in the 1980s
Note: The King World library was distributed separately until 2007
Around the same time of CBSPT's formation, Viacom completed its acquisition of DreamWorks SKG, so CBS Paramount Television now distributes DreamWorks' library of films (such as Shrek and Gladiator) originally in co-operation with Tribune Entertainment, while being solely responsible for DreamWorks' TV series (such as Spin City, which PDT was already distributing anyway having done so since the show's reruns debuted in syndication in 2000, and Father of the Pride).