The prior Paramount Television was transferred to CBS Corporation in its split from Viacom, which retained Paramount Pictures and its motion picture division, in 2005. After the spin off in January 2006, the division was renamed CBS Paramount Television. then CBS Television Studios in May 2009 after the three year name rights agreement expired. Paramount returned to TV production based on the technologically expansion of TV via streaming services making it a vigorous business and is Hollywood's growth engine. There is also recognition that severing the TV operation from Paramount had give Paramount little to fall back on when films fail except for studio stage rentals.
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- ↑ Eggerton, By John (January 17, 2006). "CBS Has Its Eye on Paramount". Broadcasting & Cable. Retrieved April 27, 2019.
- ↑ "If It's Monday, It Must Be CBS TV Studios". TV MoJoe. TVWeek. May 17, 2009. Archived from the original on April 5, 2012. Retrieved January 16, 2012. Check date values in:
- ↑ James, Meg (July 23, 2013). "Viacom revives Paramount Television studio, eyeing multiple platforms". Los Angeles Times. Retrieved April 27, 2019.
- ↑ Chozick, Amy; Barnes, Brooks (January 17, 2019). "Paramount Was Hollywood's 'Mountain.' Now It's a Molehill". The New York Times. Retrieved April 27, 2019.