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Paramount Media Networks

Paramount Media Networks is the division of Paramount Skydance Corporation that oversees the operations of its television channels and online brands. The division was originally founded as MTV Networks in 1984, named after MTV. It would be known under this name until 2011; when it would be thereafter known as Viacom Media Networks until 2019; and ViacomCBS Domestic Media Networks until 2022.

The division's television assets are managed through four units: MTV Entertainment Group, Showtime Networks, BET Media Group, and Nickelodeon Group, while also holding AwesomenessTV. Paramount's international/foreign assets are overseen by Paramount International Networks.

Warner Cable Communications was founded on December 1, 1977, by Warner Cable, itself a division of Warner Communications (predecessor to Warner Bros. Discovery (which was at the time WarnerMedia, Time Warner, and AOL Time Warner)), to launch QUBE, an interactive cable television system that mainly served in the Midwest state. Seeing the potential in the creation of new cable networks, Warner Cable divested QUBE's biggest brands: Star Channel (film), Pinwheel (youths) and Sight on Sound (music), into nationwide outlets. Star Channel began by satellite in January 1979 and was renamed as The Movie Channel by the end of the year. The original channel "C-3", by then known as Pinwheel, became Nickelodeon in April 1979. As a result of these actions, Warner Cable Communications would then be rebranded as Warner-Amex Satellite Entertainment, becoming a joint venture between Warner Cable and American Express.

In 1980, Warner-Amex formed a joint venture with the now-defunct Cablevision's Rainbow Media (now as AMC Networks) division to launch Bravo, a cable network dedicated to arts and films, on December 1, 1980. Because of the full control of the channel, however, was sold to Rainbow Media in 1984; NBC would acquire Bravo in 2003, and the channel is now currently owned by Comcast's NBCUniversal.

On August 1, 1981, all-video channel MTV first introduced. In 1983, concerned by the strategic and financial failure of its pay-TV venture The Movie Channel (began to reap the benefits when Time Inc. was having with HBO and Cinemax), WASEC established a joint venture with Viacom, merging TMC with their premium movie network Showtime to form Showtime/The Movie Channel, Inc.; WASEC, however, had no operational involvement in the joint venture.

On June 25, 1984, Warner Communications made the decision to divest its assets to Warner-Amex Cable Entertainment and rebrand it as "MTV Networks". A year later, Warner would acquire the 50% stake from American Express.

On August 27, 1985, Warner sold 31% of MTV Networks to Viacom, with Warner also selling 19% of its Showtime/The Movie Channel, Inc. joint to Viacom as well.

In November 1985, Viacom announced that it had plans to buy the remaining 69% of MTV Networks from Warner for $326 million, and the acquisition was completed on May 20, 1986.

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