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Business Description
CBS Corporation was organized as a separate entity after its separation from Viacom Inc on January 01, 2006. CBS Corporation is comprised of CBS Television Network, United Paramount Network (UPN), CBS Radio, Viacom Outdoor, Viacom Television Stations Group, Paramount Television, King World, Simon & Schuster, Showtime and Paramount Parks. CBS Corporation will also include the operations of CSTV: Networks, Inc., a sports television network and digital media company devoted to college athletics, an acquisition expected to close in early January 2006. Viacom Inc. is a worldwide entertainment company with operations in five segments: Cable Networks, Television, Radio, Outdoor and Entertainment.