CBS Corp. Combines CBS Paramount, KIng World

Roger King, who became rich in the 1980’s as the little company that could (Thanks to he and his brother Michael discovering Oprah Winfrey and acquiring the syndicated rights to “Wheel of Fourtune” and “Jeporady!”), will head the new CBS Television Distribution Group. The sales people will be selling CBS Paramount and King World syndicated product so they won’t have to compete with each other anymore. The King World name will remain on existing shows they have (Wheel , Jeporady!, Oprah, Rachael Ray — a move that was probably made so it wouldn’t upset the ABC O&O’s carrying the shows), but any future syndicated product will bear the CBS Television Distribution Group name.

Updated 2006-10-05 at 12:34 CT