In 2006, with the separation of Viacom and CBS into separate publicly traded companies, Simon & Schuster became a part of the CBS Corporation.
Who bought Simon and Schuster?
On November 25, 2020, ViacomCBS announced it would sell Simon & Schuster to Bertelsmann subsidiary Penguin Random House for $2.175 billion.
Does Viacom own Simon and Schuster?
ViacomCBS has owned Simon & Schuster since the mid-1990s, with the property being retained by CBS when Viacom and CBS split, back in 2005. Simon & Schuster is the publishing home to many notable authors, including Stephen King, Bob Woodward, and Doris Kearns Goodwin.