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From January Viacom will integrate the UPN and CBS Broadcast
Networks under CBS Television Unit. CBS Television also
includes Viacom's 34 stations; CBS Entertainment, CBS News,
CBS Sports; and the network's distribution unit, CBS Enterprises.
Viacom is a leading global media company. It's well-known
brands include CBS, MTV, Nickelodeon, and Paramount Pictures.
Viacom's president and chief operating officer Mel Karmazin
said: "Today's announcement is the culmination of a process
that began with the merger of Viacom and CBS. With sole
ownership and key long-term affiliation agreements in place,
and with 2001 upfront and season launches that resulted
in higher revenues and ratings, there is no better time
to bring UPN together with CBS, which is also enjoying one
of the best years in its history."
UPN premiered on 16 January 1995 as a two-night network
in 96 markets. Today, UPN broadcasts programming on five
nights, with 84 per cent primary coverage. Viacom is looking
to cut costs by streamlining and bringing new efficiencies
to the broadcast business. At the same time CBS and UPN
will continue to be broadcast free, over-the-air .
UPN has managed to assemble a strong and geographically
diverse group of affiliates. The company also created a
successful lineup with bold programming development and
acquisitions. Thus a distinct network identity was built.
UPN claims that ratings are up on four out of five nights
and the key building blocks for continued success are in
place. UPN is confident of building on this strength through
the efficiencies and additional resources available under
the CBS umbrella.
Through this initiative the CBS Television group believes
that it can increase advertising sales while building on
its track record of bringing distinctive and successful
programming to the screen.
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