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Viacom Incorporated, based in New York, is a global entertainment company that encompasses television broadcasting, motion picture production, and music publishing businesses. The firm is known for its MTV, Comedy Central, Nick at Nite, TV Land, Nickelodeon, BET, and VH1 television channels. Its Paramount Pictures feature film business, established in 1912, maintains a library of 1,000 motion pictures. It also owns 18,000 hours of television programming. Paramount Pictures co-produces films with Nickelodeon Movies and MTV Films. Paramount Home Entertainment distributes prerecorded DVDs and videos. Viacom's DreamWorks SKG unit produces live-action motion pictures and television programming. The Famous Music unit manages a catalog of 125,000 songs. Viacom is listed on the New York Stock Exchange under the VIA and VIA.B symbols. The firm was founded by Sumner M. Redstone. Viacom was split into the Viacom Incorporated and CBS Corporation companies in 2005. CBS Corporation includes the CBS and UPN networks, the CBS stations group, CBS Radio, Showtime, Viacom Outdoor, Paramount Parks, and Simon & Schuster. It also includes the CBS, Paramount, and King World television production and syndication firms.
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