CBS Media Ventures, Inc. (formerly CBS Paramount Domestic Television and CBS Television Distribution) is the televisionbroadcast syndication arm of CBS Studios, a division of the CBS Entertainment Group, in turn a division of Paramount Global, founded on January 17, 2006 by CBS Corporation from a merger of CBS Paramount Domestic Television and KingWorld.
On launch, the division was led by King World CEO Roger King, who had his own production company merged into the division, until his death on December 8, 2007. It was formerly the main distribution arm of Paramount Media Networks (now handled by Paramount Global Content Distribution), the CBS and The CW television networks, which are currently handled by parent company CBS Studios. The division also consists of CBS's home entertainment arm, CBS Home Entertainment.