|Predecessor||Warner-Amex Satellite Entertainment|
(Chairman and CEO)
|Products||Pay television, television production|
|Revenue||$950 million (2011)|
Number of employees
|Parent||ViacomCBS Domestic Media Networks|
Showtime Networks Inc. (SNI) is an American entertainment company that oversees the company's premium cable television channels, including its flagship service Showtime. It is a subsidiary of media conglomerate ViacomCBS under its domestic networks unit.
The company was established in 1983 as Showtime/The Movie Channel, Inc. after Viacom and Warner-Amex Satellite Entertainment (now ViacomCBS Domestic Media Networks) 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 (now WarnerMedia) making Warner the new half-owner of Showtime/TMC. In 1985, Warner sold its half-interest to Viacom, making the company a wholly owned subsidiary of Viacom. 1985 also saw the pay-per-view service Viewer's Choice become part of the operation; it merged with rival PPV service Home Premiere Television in 1988, and Viacom ceded control to the cable companies that owned HPT (Viacom still held a stake until the 1990s). In 1988, the company was renamed Showtime Networks Inc.
SNI, along with CBS, The CW (formerly UPN), Viacom Outdoor, Spelling Television, CBS Television Studios (formerly CBS Productions, Paramount Television and CBS Paramount Television), CBS Television Distribution (formerly Paramount Domestic Television, CBS Paramount Domestic Television and King World), CBS Studios International (formerly CBS Paramount International Television), Simon & Schuster and other entities became part of CBS Corporation when CBS officially split from Viacom in December 2005, but it eventually re-merged with CBS to transform into the new ViacomCBS in early December 2019. SNI managed the CBS, Robert Redford and NBC Universal joint venture Sundance Channel until 2008, when it was sold to Rainbow Media (now AMC Networks).
Cable networks currently owned by SNI
Year in parentheses denotes when each network and channel was brought into the SNI fold.
- Showtime (1983)+
- SHO2 (formerly SHOTOO) (1994)
- Showcase (formerly Showtime 3) (1996)*
- Showtime Extreme (1998)
- Showtime Beyond (1998)
- Showtime Next (2001)
- Showtime Family Zone (2001)
- Showtime Women (2001)
- The Movie Channel (1983)+
- The Movie Channel Xtra (1999)
- Flix (1992)
+Channel created by Warner-Amex Satellite Entertainment prior to 1983.
*Channel will be rebranded into SHO*BET in summer 2020, featuring African American content from Showtime and BET.
SNI won a Peabody Award in 2002 for Bang Bang You're Dead. In 2008, SNI was honored at the 59th Annual Technology & Engineering Emmy Awards for Outstanding Achievement in Advanced Media Technology for Best Use of Commercial Advertising on Personal Computer for the companion website to the series The L Word.