About Viacom

About company

Viacom, short for "Video & Audio Communications", is an American media conglomerate with various worldwide interests in cable and satellite television networks ([MTV Networks](/organization/mtv-networks) and BET), and movie production and distribution with [Paramount Motion Pictures Group.](/organization/paramount-pictures) The new Viacom conglomerate was finalized in September of 2006 is considered to be the "high-growth" side of the much larger former Viacom. The former Viacom was renamed [CBS Corporation](/organization/cbs), from which this firm was split off on December 31, 2005.