Showtime Networks

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Showtime Networks, Inc. (SNI) is the corporate division of media conglomerate CBS Corporation.

The company was established in 1983 after Viacom and Warner-Amex Satellite Entertainment merged their premium channels, Showtime and The Movie Channel respectively, into one division. In 1984, American Express sold their interest in Warner-Amex to Warner Communications making Warner the new half-owner of SNI. In 1985, Warner sold its half-interest in SNI to Viacom, making SNI a wholly-owned division of Viacom.

SNI along with CBS, UPN, Viacom Outdoor, Spelling Television, CBS Paramount Television, King World Productions, Simon and Schuster and other entities became part of CBS Corporation when CBS officially split from Viacom in December 2005. SNI manages the CBS, Robert Redford and NBC Universal joint venture Sundance Channel.

Showtime Networks that oversees the operation of the following TV network brands:

• Showtime
• *Showtime Too (formerly Showtime 2)
• *Showcase (formerly Showtime 3)
• *Showtime Extreme
• *Showtime Beyond
• *Showtime Next
• *Showtime Family Zone
• *Showtime Women
• The Movie Channel
• *The Movie Channel Xtra
• Flix
• Sundance Channel
• Logo (formerly owned)

• Showtime Women, Showtime Family Zone and Showtime Next are digital cable services of Showtime and are not available on DirecTV and Dish Network.

• Logo is a cable channel geared to an GLBT audience (Gay, Lesbian, Bisexual and Transgendered) which Showtime Networks co-owned with MTV Networks until the CBS-Viacom split in 2005. The channel was originally a digital cable service called VH1 Mega Hits. But VH1 Mega Hits ceased operations in summer 2005 to form Logo.

• Sundance Channel is part of Showtime Networks and is not necessarily owned but managed by SNI.

• Flix is only available to DirecTV and other satellite systems. Flix was formerly carried on cable systems (as a premium service) in the early and mid 1990s. Flix is now considered a specialty premium service to satellite customers who subscribe to Showtime Unlimited. There are still cable providers that do carry Flix as a premium service with Showtime.

.54 billion USD (2005) | Employees: Unknown at this time. | Stock Symbol: NYSE: [CBS] | Website: [www.cbscorporation.com]

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