Paramount Global, traded and commonly known as Paramount, was an American multinational mass media and entertainment conglomerate controlled by National Amusements and headquartered at One Astor Plaza in Times Square, Midtown Manhattan. It was formed on December 4, 2019, as ViacomCBS, through the merger of the second incarnations of Viacom and CBS Corporation, which were split from the original Viacom in 2005. On February 16, 2022, ViacomCBS was renamed to Paramount.