This article's lead section may be too short to adequately summarize the key points. (September 2016) |
Paramount Global (previously ViacomCBS)[1] is an American multinational entertainment conglomerate that was the subject of criticisms and controversies about its products and services. Criticism of Paramount Global has included the former Viacom Inc.'s announced plans of looking into splitting the company into two publicly traded companies. The company was not only dealing with a stagnating stock price, but also the rivalry between Leslie Moonves and Tom Freston, longtime heads of MTV Networks. In addition, the company was facing issues after MTV was banned from producing any more Super Bowl halftime shows after the Super Bowl XXXVIII halftime show controversy in 2004.