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:
“Few white citizens are acquainted with blacks other than those projected by the media and the so—called educational system, which is nothing more than a system of rewards and punishments based upon one’s ability to pledge loyalty oaths to Anglo culture. The media and the “educational system” are the prime sources of racism in the United States.”
—Ishmael Reed (b. 1938)
“The community and family networks which helped sustain earlier generations have become scarcer for growing numbers of young parents. Those who lack links to these traditional sources of support are hard-pressed to find other resources, given the emphasis in our society on providing treatment services, rather than preventive services and support for health maintenance and well-being.”
—Bernice Weissbourd (20th century)