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Beginning in 1914, the former company was renamed Paramount Pictures Corporation, as the second oldest running movie studio in Hollywood, with Universal Studios being founded only eight days earlier. On March 24, 1966, Paramount was acquired by Gulf+Western Industries, which later became Paramount Communications on June 5, 1989. On March 11, 1994, Paramount Communications was merged with Viacom. On December 31, 2005, Viacom split into two companies: one retaining its original name (which owns the BET Networks, MTV Networks and Paramount Pictures) and the other which was once the old Viacom but currently known as the "CBS Corporation" (which owns Paramount's television production and distribution arms, currently known as CBS Television Studios, CBS Television Distribution, and CBS Studios International, respectively); both companies are owned by National Amusements, Inc. Television rights to Paramount's library are now handled by Trifecta Entertainment and Media. On August 13, 2019, it was announced that the two companies will reunite and merge to form ViacomCBS; the merger was completed on December 4, 2019.  | Beginning in 1914, the former company was renamed Paramount Pictures Corporation, as the second oldest running movie studio in Hollywood, with Universal Studios being founded only eight days earlier. On March 24, 1966, Paramount was acquired by Gulf+Western Industries, which later became Paramount Communications on June 5, 1989. On March 11, 1994, Paramount Communications was merged with Viacom. On December 31, 2005, Viacom split into two companies: one retaining its original name (which owns the BET Networks, MTV Networks and Paramount Pictures) and the other which was once the old Viacom but currently known as the "CBS Corporation" (which owns Paramount's television production and distribution arms, currently known as CBS Television Studios, CBS Television Distribution, and CBS Studios International, respectively); both companies are owned by National Amusements, Inc. Television rights to Paramount's library are now handled by Trifecta Entertainment and Media. On August 13, 2019, it was announced that the two companies will reunite and merge to form ViacomCBS; the merger was completed on December 4, 2019.  | ||
===   | === Logos ===  | ||
====1st Logo (1914-1917?)====  | ====1st Logo (1914-1917?)====  | ||