History and current position: On June 4, 1971, Viacom separated from Columbia Broadcasting System Inc. In 1983 Viacom joins with Warner Communications Inc. and Warner Amex Cable Communications. In 1985, Viacom acquired 66% of MTV Networks including: Music Television, Nickelodeon, Nick at Nite and VH1. In 1986, Viacom purchased the remaining shares of MTV Networks for $185,000. In 1987 National Amusements, Inc. acquired 83% of Viacom. MTV began its international expansion with the launch of MTV Europe…
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