Viacom Media Networks (known as MTV Networks until 2011), is a division of media conglomerate Viacom that oversees the operations of many television channels and Internet brands, including the original MTV (Music Television) channel in the United States. Sibling to Viacom Media Networks is Viacom International Media Networks.
The company was established in 1984 after Warner Communications and American Express decided to divest the basic cable assets of Warner-Amex Satellite Entertainment, renaming it MTV Networks, Inc. Warner-Amex originally created and owned Nickelodeon, MTV, VH1 and The Movie Channel (TMC).
Viacom acquired 66% of the company in 1985, and then acquired the remaining interest in 1986. It was then folded into Viacom International Inc., a subsidiary of Viacom Inc., and is no longer a distinct legal entity.
Read more about Viacom Media Networks: Cable Channels Owned By Viacom Media Networks, Internet Properties, Game Properties, MTV Networks International, MTV Networks Rating Issues
Famous quotes containing the words media and/or networks:
“Never before has a generation of parents faced such awesome competition with the mass media for their children’s attention. While parents tout the virtues of premarital virginity, drug-free living, nonviolent resolution of social conflict, or character over physical appearance, their values are daily challenged by television soaps, rock music lyrics, tabloid headlines, and movie scenes extolling the importance of physical appearance and conformity.”
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