MTV Networks (Quantumverse)

MTV Networks (formerly known as Warner Cable Communications, Warner-Amex Satellite Entertainment, and Viacom Media Networks) is an American mass media division of Paramount Global that oversees the operations of many of its television channels and online brands. Its related international division is MTV International Networks.
==History==
===Warner Communications joint venture (1977–1984) ===
Warner Cable Communications was founded on December 1, 1977 by Warner Cable (Time Warner Cable), itself a division of Warner Communications (Warner Bros. MGM), to launch QUBE, an interactive cable television network. Seeing the potential in the creation of new cable networks, Warner Cable divested QUBE's biggest brands, Star Channel, Pinwheel and Sight on Sound, into nationwide outlets. Star Channel began by satellite in January 1979 and was renamed 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 Cablevision's Rainbow Media division to launch Bravo, a cable network dedicated to arts and films, on December 1, 1980. 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, Sight on Sound was relaunched as MTV.
In 1983, concerned by the strategic and financial failure of its pay-tv venture The Movie Channel (started to reap the benefits 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.
===Warner Cable ends and Viacom gets full ownership (1984–2011)===
On June 25, 1984, Warner Communications made the decision to divest Nickelodeon, MTV, and VH-1 (launched in 1985; Warner acquired it from Turner) into a new public corporation called 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 (Paramount Global), with Warner also selling 19% of its Showtime/The Movie Channel, Inc. joint to Viacom as well.
In November 1985, Viacom bought the remaining 69% of MTV Networks from Warner for $326 million, The acquisition was completed on May 20, 1986, causing Viacom to instantly become a mass media company rather than simply a distributor.
In 2003, MTV Networks assumed full ownership of Comedy Central from AOL Time Warner. (But years later, Warner Bros. MGM would make a comeback as their joint-venture back with MTV Networks and Turner Networks) .
In January 2006, the remnants of MTV Networks and Showtime Networks were separated following Viacom's split into two entities: CBS Corporation, which retained CBS, UPN, Simon & Schuster, and Showtime Networks (Showtime, The Movie Channel, and Flix), and a spin-off company under the Viacom name, which took ownership of Paramount Pictures, BET Networks and MTV Networks (Comedy Central, MTV, Nickelodeon, and VH1). MTV Networks was renamed Viacom Media Networks in 2011.
===Expansion (2011–2019)===
In the fall of 2012, media analysts began to report that ratings among some of Viacom's leading brands in the U.S. were experiencing declines in viewership. MTV, Comedy Central, and Nickelodeon were of most concern to investors as the three accounts for roughly 50% of Viacom's operating profit, estimated David Bank of RBC Capital Markets.
In 2017, Viacom announced a five-point restructuring plan, in which the company would pour most of its resources behind six "flagship brands". These were MTV, Comedy Central, Nickelodeon, Nick Jr., BET, and Paramount Pictures. In February 2017, cable channels CMT and TV Land were moved from the Kids and Family Group to the Global Entertainment Group under Kevin Kay, joining up with Spike TV. During the same month, it was announced that Spike would be relaunched as Paramount Network in 2018, aligning with the namesake film studio and being positioned as Viacom's main general entertainment outlet.
In October 2018, Kevin Kay was announced to be leaving his position as head of the Entertainment Group. CMT was transferred from the Entertainment Group to the Music Group under president Chris McCarthy, with his exit. Executive Kent Alterman would take charge of Paramount Network and TV Land to go with his current leadership of Comedy Central and Bellator MMA.
In 2019, after acquiring the free streaming service Pluto TV at 57%, along with Warner Bros. MGM (20%), Comcast (through NBCUniversal) (13%), and Sony Pictures Television (10%), Viacom would launch several channels on the service branded after its Media Networks and company-owned IP.
===Reintroduction and re-merger with CBS (2019–present)===
In August 2019, Viacom announced that it would merge with CBS Corporation, reuniting the two entities under the new name ViacomCBS. The merger closed in early December 2019. Announced on November 11, 2019, as part of the re–merger, the Viacom Media Networks division would be renamed back as MTV Networks and reorganized. MTV, VH1, CMT, and Logo were reorganized into the "Entertainment & Youth Group", with the addition of Comedy Central, Paramount Network, Smithsonian Channel, and TV Land. BET Networks was merged with Showtime Networks under CEO David Nevins, who also temporarily gained oversight of Pop TV (formerly co-owned with Lionsgate); Pop TV was transferred to the Entertainment & Youth Group on January 15, 2020. On February 16, 2022, ViacomCBS was renamed Paramount Global, and the MTV Network logo was changed and also unveiled a new logo to reassemble for nostalgia 80s, 90s, and 2000s for the fans of MTV who listened to music videos on television back then.
== Units ==
MTV Networks International is the sibling division of Paramount Media Networks. Its headquarters are in New York, London, Warsaw, and Buenos Aires, and manages the following brands: MTV, Nickelodeon, Comedy Central (50%), VH1, Channel 5, Network 10, Telefe, Chilevisión (50%), TeleColombia and Colors.
The division is split into three regional units:
* MTV Networks UK & Australia
** Ten Network Holdings
* MTV Networks EMEAA
** MTV Networks Northern Europe
** MTV Networks Southern Europe, Middle East, and Africa
** Viacom 18 (49%)
* MTV Networks Americas
Former brands include TMF and VIVA which, along with digital properties Nitrome Limited, Shockwave, Addicting Games, Atom Films, and Xfire, have either since merged with other networks, were shut down, or were sold off.
=== MTV Entertainment Group ===
===MTV Entertainment Group ===
MTV Entertainment Group is a subsidiary of MTV Networks and serves as the holdings company for MTV, Pop TV, CMT, Paramount Network, Comedy Central (50%), TV Land, Logo TV, Smithsonian Channel, and their MTV Entertainment Studios.
* MTV Entertainment Studios
** Comedy Partners
** MTV Animation
** MTV Documentary Films
** Smithsonian Networks Inc.
** Spike Cable Networks, Inc.
** Pop Media Group, LLC
* MTV
** MTV2
** MTV Classic
** MTV Live
** MTVU
** Tr3s
* Comedy Central (50%)
** Comedy Central Now
** Comedy Central Records
** South Park Digital Studios (joint venture with Trey Parker and Matt Stone)
* CMT
** CMT Australia
** CMT Canada (10%)
** CMT Music
* Logo
** SnowGlobe Music Festival
* Paramount Network
* Pop TV
* Smithsonian Channel
** United Kingdom
** Canada (6.67% minority stake; a joint venture with Blue Ant Media)
* TV Land
In 2022, MTV Entertainment Group partnered up with Second Chance Studios to launch Media careers.
Category:Quantumverse