CBS Corporation is an American
mass media corporation focused on
commercial broadcasting,
publishing, and
television production, with most of its operations in the United States. The president and chief executive of the company is
Leslie Moonves.
Sumner Redstone, owner of
National Amusements, is CBS's majority shareholder and serves as executive chairman. The company began trading on the
NYSE on January 3, 2006. Until then, the corporation was known as
Viacom, and is the legal successor to said company. A new company, keeping the
Viacom name, was spun off from CBS. CBS, not Viacom, retains control of over-the-air television (
CBS,
CW) and
radio broadcasting,
TV production and
distribution,
publishing,
pay-cable, basic cable (
Pop), and
recording formerly owned by the larger company. CBS has its headquarters in
CBS Building,
Midtown,
Manhattan, New York City, United States.