acquisition by Westinghouse) on January 2, 2006. Investors anticipated Viacom benefiting from the split, but instead, it dropped approximately 20%, while CBS Corporation rose 9%, that same year, Paramount Parks became a wholly owned theme park unit of CBS Corporation.

Subsequent developments

In January 2006, CBS and DIC Entertainment signed a multi-year deal in which DIC bought the Saturday morning airtime as "CBS's Saturday Morning Secret Slumber

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