Unraveling the Mystery of Who Owns CBS: A Behind-the-Scenes Look

CBS is a behemoth in the American television landscape, with a rich history dating back to the 1920s. From its early days as a small radio station in Pittsburgh to its current status as a multinational media conglomerate, CBS has undergone countless transformations. At its core, however, remains the same demand for quality content that has captivated audiences for generations. As CBS continues to evolve in an ever-changing media landscape, it's natural to wonder about its ownership structure. Who is CBS owned by, and how does its corporate hierarchy impact the types of shows and news programs we watch?

CBS is, in fact, a publicly-traded company listed under the ticker symbol CBS Corporation on the NYSE, and as such, is owned by its shareholders, who collectively hold over 500 million shares of the company's Class B common stock. In November 2015, it rebranded as a subsidiary of Viacom, then suddenly changed back to CBS Corporation in December of the same year, a demerger resulting from a $30 billion deal with its parent at the time, Viacom.

The networks content consists of flagship stations WCBS-TV New York in New York City and KCBS-TV in Los Angeles. Its flagship news program 60 Minutes remains one of the longest-running and most respected news programs on television. CBS also boasts the popular network television operations of CBS Television Network (U.S.) comprised of CBS Sports CBS Television Distribution time Warner, Handy outside McDonald.

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