Paramount Global

ViacomCBS, Inc. is an American multinational mass media conglomerate based in New York City. The corporation was formed via merger through the second incarnation of Viacom and CBS Corporation on December 4, 2019.

Warning: this part is fanmade
on January the 17th of 2021, The Walt Disney Company announced to spin off all of the Fox properties that it aquired to Fox Corporation for 45 billion dollars which would later change both 20th Century Studios and Searchlight Pictures' names back to 20th Century Fox and Fox Searchlight Pictures. Later the following month, News Corp announced that it would use its money to buy Starz and Summit Entertainment from Lionsgate for 4 billion while they use the rest of their money to merge with ViacomCBS. But since the U.S. goverment didn't allow ViacomCBS and Fox Corporation to have more than two broadcast networks (The CW doesn't count) so both companies decided to launch main units of these two companies, 20th Century Fox Communications and Paramount Corporation so that would make ViacomCBSFOX become more of a holdings company. Until then, private equity company, Apax Partners decided to own the merged company as well as well as Verizon Communications and Hasbro buying in as well., Which forced Hasbro to sell all of its shares of Discovery Family to Discovery. And later, News Corp, Apax Partners, Verizon and Hasbro decided to buy some certain assets from The Walt Disney Company. And later on, Fox Broadcasting Company brought a 25% stake in MeTV. Until September, ViacomCBSFOX Corporation was launched.