The entertainment company, created in 2005 as a spin-off from CBS, produces and distributes films and programming through brands including Paramount Pictures and MTV Films.
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News about Viacom
The movie grossed more the $2 billion when it was released in 1997.
The companies also entered into a new partnership to co-produce original content.
Another move in response to cord cutters.
Charter unit Spectrum struck a last-minute deal with Viacom
Their contract expired October 15.