These companies are profit engines that keep growing. The Redstone family, through its Massachusetts-based investment vehicle, National Amusements Inc., controls nearly 80% of the voting shares of the two companies. Discovery (the latter resulting from Discovery's acquisition of WarnerMedia from AT&T). With the acquisition of NBC, Comcast expanded its repertoire of TV and film assets many times over. 3Created as VH1 Country prior to Viacom/CBS merger. WebViacom, American communications and media conglomerate that was once one of the largest in the United States. David Bowie, Why Does My Dog Lick The Blanket At Night, How Much Do Alcohol-related Crashes Cost Florida Every Year, Tchaikovsky Piano Concerto No 1 Piano Solo. The most famous is probably Warner Brothers Animation Studios, which owns properties like Looney Tunes. 666% increase in profit as it launched a turnaround plan, offers double speeds of Google Fiber for less money, they would be the 26th wealthiest country in the world. 1,2. As with our other companies, Sonys investments give it control over more areas of the media industry without attempting risky projects themselves. [58] On September 28, 2021, ViacomCBS announced that they had agreed to partner with software and data firm VideoAmp. WebFX 1995-2023 | Celebrating 25+ Years of Digital Marketing Excellence, Call Toll Free: Last, Comcast has a laundry list of ventures that it launched (or helped launch). Disney is probably the most well-known media name on this list. In 2019, Viacom and CBS merged to form ViacomCBS, and in February 2022, its name changed to Paramount Global. VIA is one of the largest multinational media conglomerates in the world. NAs huge collection of properties is staggering. The WebFX team is made up of more than 450 subject matter experts in digital marketing, SEO, web design and web development, social media, and more. The company has a hand in just about every medium in the world from childrens cinema to sports. At the time of publication (11/7/16), its possible that ATandT will soon buy TimeWarner for around $80 billion. "[65][66], On February 15, 2022, during a presentation to investors, ViacomCBS announced that it would change its name to Paramount Global (effectively retiring the Viacom name after 52 years dating back to the original company founded in 1970) beginning the following day; in a memo to staff announcing the change, it was stated that the rebranding was intended to leverage the "iconic global name", and would "reflect who we are, what we aspire to be, and all that we stand for." It owned radio and television stations and cable television programming services and systems. Gruppo Iven S.p.A. National Amusements owns 79.9% of the voting power, and a 9.7% overall equity interest in the company. Viacom National Amusements has controlling interests in CBS and Viacom. In the meantime, lets take a more in-depth look at TimeWarner and what it owns. Its a direct competitor to TimeWarner Cable, and its the primary (or only) ISP in dozens of regions in the United States. Viacoms domestic networks are owned by various family members. At 55, Hirai is one of the youngest leaders of a global conglomerate. So why does one American earnthe make as much money as Micronesiain a year? Despite these original goals, in the mid-1940s, David began writing songs for New York's Tin Pan Alley. 50's . After all, National Amusements is a private company. LONDON: Printed for the Author; and Sold by Mr. FLETCHER, at the Oxford Theatre He was married to Cheryl Pajil. A dozen women accused Moonves of sexual harassment or assault. Paramount Global comprises six major units: Other assets owned by Paramount include Republic Pictures (acquisitions label), Simon & Schuster (book publisher), VidCon (multi-genre online video conference) and Bellator (mixed martial arts promoter). 12 Singles & EPs 12 Compilations 1 Videos 113 Appearances 11 Albums 1 Singles & EPs 97 Compilations MR 5234: David "Fathead" Newman: Resurgence! He said: The LORD is my rock, my fortress and my deliverer; my God is my rock, in whom I take refuge, my shield and the horn of my salvation. David is the Deputy Chairman of the Melbourne Symphony Orchestra and served as the board director since 2013. He was particularly well known for his work on the Disney films Cinderella and Alice in Wonderland, and for the mostly-English lyrics through which dith Piaf 's signature song " La Vie en rose " gained much of its familiarity among native speakers of English. The billionaire from Boston was convinced the future was brighter for his Viacom, which owned cable TV channels and Paramount. Stunning before-and-after images: California reservoir goes from almost empty to 100% full, She wanted more than a guesthouse for her sister. In 2013, Comcast expanded its reach into entertainment by purchasing NBC and pretty much all of its properties. She installed Bakish as chief executive of Viacom. Along with that, TimeWarner has joint ventures in The CW and Hulu, along with ultra-niche TV programming for medical waiting rooms. Sony also owns non-media assets, including a bank, financial holdings, and a creative suite. The deal is still in negotiations, and the FCC may block it to prevent monopolization. Join Napster and access full-length songs on your phone, computer or home audio device. WebBakish oversees one of the worlds leading producers of media and entertainment content, driven by a global portfolio of powerful consumer brands and flagship streaming platforms, including CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+, and Pluto TV, among others. Along with other entertainment assets, National Amusements controls CBS Games. Select a media company below to begin. Moonves also considered Bakish a threat because he did not want an ally of Shari Redstone as a board member of the combined company. TimeWarner doesnt own a lot in music, but they have enough to ensure musical support for their other properties. 888-601-5359 This phenomenon is called too big to fail, and its often applied to worldwide banks like Citi or Bank of America. Combined, the company spends more than $13 billion a year to produce content. From 87-90, he was a songwriter with Chrysalis, penning songs for Joe Cocker and Jeff Beck. While a decent amount of that value comes from his stake in National Amusements, much more of it comes from the companies that he owns. Media titan Sumner Redstone and his daughter Shari in 2012. [15] Viacom then purchased Paramount Communications in 1994. Shop online at David Jones. Shari Redstone led a management shakeup at Viacom in 2016 that ousted her fathers longtime allies. Discovery", "The CW Will Be A Profitable Network By 2025, With Broader And Cheaper Programming, New Owners At Nexstar Signal", "BET Launches BET STUDIOS Providing Equity Ownership To Black TV And Film Creators", "Paramount Network Rebrands, Doubles Down on Movies and Minis (EXCLUSIVE)", "Paramount Movie Network Put On Ice As ViacomCBS Nixes Rebrand Plans For 'Yellowstone' Network", "Sarah Babineau & Keith Cox Promoted To Top Creative Posts At ViacomCBS' Entertainment & Youth Unit, Jonas Larsen Exits", "NICKELODEON ESTABLISHES AVATAR STUDIOS, BRAND-NEW CONTENT DIVISION DEVOTED TO EXPANDING THE WORLD OF AVATAR: LAST AIRBENDER AND THE LEGEND OF KORRA | Nick Press", "Viacom, Hungry For Hits, Gobbles Garfield", "AwesomenessTV Debuts Young Adult Book Publishing Division Awesomeness Ink", "AwesomenessTV Launches Film Division (Exclusive)", "AwesomenessTV signs movie deal with Netflix, launches news brand", "Viacom International Media Networks Buys Majority Stake in Brazil's Porta dos Fundos", "ViacomCBS Completes Acquisition Of Majority Interest In Fox TeleColombia & Estudios TeleMexico", "ViacomCBS Networks International Acquires Israeli Producer and Pay-TV Firm Ananey", "CBS to launch UK channels with Chellomedia", "Global Publishing Leaders 2016: Simon & Schuster", "Investment banks net more than $320m from sale of WarnerMedia to Discovery", "Viacom Acquires VidCon, Boosting Live Event and Digital Businesses", "VidCon 2022 Announces Featured Creators & Free Livestream", "Red Ventures Announces Closing of Acquisition of CNET Media Group", "Fox Television Stations To Carry Weigel Broadcasting's Decades TV Network Beginning in Q3", "Blue Ant Media Announces Global Networks Division To Be Led By Ward Platt In Newly Created Role CEO, Global Networks & Kids", "Review aggregator site GameRankings is shutting down", "Media Companies Join to Extend the Brands of YouTube Stars", CIS, Ukraine and Georgia (previously Russia and Belarus), https://en.wikipedia.org/w/index.php?title=List_of_assets_owned_by_Paramount_Global&oldid=1147859229, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, Paramount Studio Group physical studio and post production, The Studios at Paramount production facilities & lot, Paramount on Location production support facilities throughout North America including New York, Vancouver, and Atlanta, Worldwide Technical Operations archives, restoration and preservation programs, the mastering and distribution fulfillment services, on-lot post production facilities management, Paramount Parks & Resorts licensing and design for parks and resorts. The companies said they expect the deal to be complete by years end. The two companies have had a long and often turbulent history. These are a list of channels that are owned and operated by Viacom Media Networks. [54], On November 17, 2020, various news outlets had reported that companies such as Vivendi, Bertelsmann's Penguin Random House and News Corp's HarperCollins had considered acquiring Simon & Schuster for as much as $1.7billion. David Langston Smyrl, Actor: Sesame Street. To get a better grasp of News Corp, lets check out their CEO Rupert Murdoch. Viacom becomes the first American media company to take over a British broadcaster with a public service remit. News Corpss foundational asset is print. Since then, Iger has run a campaign of mergers and acquisitions to expand Disney into an even greater media powerhouse, especially with the acquisition of Marvel ($4 billion) and Lucasfilm ($4 billion). David made his mark more forcibly with his next band, The Bossmen one of the first rock bands anywhere to incorporate jazz musicians. I moved to Colorado in 1981 and have been playing Music full time ever since . Web12 Channel originally owned by the first incarnation of Viacom, and earlier with former partner Warner-Amex, and later became part of CBS Corporation following Viacom's split in 2006. GameStar, a subsidiary of Disney Interactive Studios, is one of the best-known video game developers bought by Disney. But no matter what they are, each investment gives TimeWarner a stronger foothold in media. Viacom becomes incorporated 1970 Viacom, a division of CBS, becomes incorporated. Unless youre directly involved in business and / or entertainment, youve probably never heard of National Amusements before. The deal included the eponymous CNET tech site, as well as ZDNet, GameSpot, the TV Guide digital assets, Metacritic, and Chowhound. David David Mr. David is a 1988 Indian Malayalam film, directed by Viji Thampi and produced by Rajan and A. V. Govindankutty. Since then, Sony has had some problems, but its also had some successes. WebViacomCBS Networks International is comprised of many of the worlds most iconic consumer brands such as Nickelodeon, MTV and Paramount Network. Sumner Redstone is the current owner of National Amusements and all of its properties. Sumner Redstone, who built National Amusements into a media empire, died Tuesday at 97. Listen to albums and tracks from Mr. David. Complete song listing of Mr. David on OLDIES.com. His published salary is $44.9 million. 1515 Broadway New York, NY 10036 Voice (212) 258-6000 www.viacom.com Holdings Paramount also struggled under the leadership of the late Brad Grey, weathering a period of flops and enormous losses. TimeWarner Cable is a major ISP in the United States, and it regularly competes with Comcast. The following is a list of major assets that are owned by Paramount Global. Hello, fellow employees of with occasional duo and band line -ups . [30], On May 30, 2019, CNBC reported that CBS Corporation and Viacom would explore merger discussions in mid-June 2019. Viacom Inc. is a media company based in Los Angeles, California VIA is one of the worlds most powerful global media organizations. Language links are at the top of the page across from the title. WebParamount Media Networks (founded as Music Television Networks, known as MTV Networks in 1984 and known under this name until 2011) is an American mass media division of Paramount Global that oversees the operations of many of its television channels and online brands. [59] On October 28, 2021, ViacomCBS announced that they had agreed to acquire a majority stake in the Spanish-language content producer TeleColombia & Estudios TeleMexico. Viacom will also assume about $570 million of BET's debt and pay $130 million in cash raising the WebListing of all companies (past and present) owned by ViacomCBS, a subsidiary of National Amusements. With a hand in television, film, music, and print, Murdoch is perhaps the most successful Australian entrepreneur to build an international empire. New York: Donald I. David was inducted into the Songwriters Hall of Fame in 1975. 2 Tracks. Most famously, Comcast is known as an Internet provider. Sony works in production, distribution, and just about every other phase of the television and film processes. Privacy & Terms of Use In its most recent fiscal quarter, Viacom hit a milestone when it reported that domestic advertising revenue had increased for the first time in five years. He might be an anomaly in show business, which is filled with self-promoters, but he is a classic example of still waters run deep.. King David and Music. [36][37], On August 13, 2019, CBS and Viacom officially announced their merger; the combined company was to be named ViacomCBS, with Shari Redstone serving as chair. This section is for companies that handle film production and distribution. The company generated more than $33 billion in 2012, and it controls a huge number of print products compared to other media conglomerates. Viacom Inc. A member of the Company Town team for two decades, James specializes in covering television, corporate media and investigative projects. If that happens, ATandT will acquire everything below and more. Hold on, you say. I first saw Floyd in Chicago in 1977 and have wondered off and on over the The film has musical score by Raveendran. He died on David David Mr. David is a 1988 Indian Malayalam film, directed by Viji Thampi and produced by Rajan and A. V. Govindankutty. [20] Viacom and Lionsgate were both interested in acquiring The Weinstein Company. So here, media includes 24-hour news stations, newspapers, publishing houses, Internet utilities, and even video game developers. So it makes sense that Sony owns media outlets in lots of different countries, most notably Japan and the United States. For perspective, if these six companies were a country,they would be the 26th wealthiest country in the worldby GDP between Poland ($467 billion) and Nigeria ($415 billion). [21] They lost the bid, and on March 1, 2018, it was announced that Maria Contreras-Sweet would acquire all of TWC's assets for $500million. Announce Expected Closing Date of Merger", "CBS and Viacom Reveal December Merger Date Mark Your Calendars", "Bob Bakish's Memo to ViacomCBS Staff: Merger "A Historic Moment", "CBS' Historic New York Headquarters to Be Sold", "ViacomCBS to acquire 49 percent stake in Miramax for $375million", "CBS Communications Chief Dana McClintock To Exit This Summer After 27 Years At Company", "ViacomCBS to Sell Publisher Simon and Schuster", "ViacomCBS hires former Turner exec Jaime Ondarza for Europe role", "ViacomCBS Sets Launch Of EyeQ, A Comprehensive Offering For Advertisers", "Red Ventures acquires CNET Media Group from ViacomCBS for $500M", "WSJ News Exclusive | ViacomCBS to Sell CNET to Red Ventures for $500 Million", "Red Ventures Announces Closing of Acquisition of CNET Media Group", "Simon & Schuster Bids Due by Thanksgiving; News Corp., Bertelsmann, Vivendi Contenders for ViacomCBS Publisher", "ViacomCBS Sells Simon & Schuster to Penguin Random House for $2 billion", "Judge Blocks a Merger of Big Publishers", "ViacomCBS Sells Black Rock Building In Midtown Manhattan To Harbor Group For $760 Million", "ViacomCBS Teams With VideoAmp To Explore Alternative TV Ad Currency", "ViacomCBS Buys Majority Stake In Spanish Content Producer Fox TeleColombia & Estudios TeleMexico", "ViacomCBS to Sell Iconic CBS Studio Center for $1.85 Billion", "WarnerMedia and ViacomCBS Are Exploring Possible Sale of CW Network", "Will The CW Be a Streaming Wars Casualty? [16], On September 29, 2016, National Amusements, the parent company of CBS Corporation and Viacom, wrote to Viacom and CBS encouraging the two companies to merge back into one company. David originally planned to become an attorney and attended Cornell University and St. John's University Law School. The film has musical score by Raveendran.[1][2][3]. These initial successes prompted David to move to Hollywood, California, to work in the film and television industries. 18 Followers. David was credited with writing lyrics or music or both for over one thousand songs. [29], On September 9, 2018, Les Moonves exited CBS following multiple accusations of sexual assault. This section is for companies that no longer exist due to closures or changes in ownership or industry. Theres not much more to say about it News Corp just owns alotof outlets. Genres: Pop. Last, Sony has a portfolio of investments, much like other media companies on this list. He denied the allegations but was forced to resign in September. Shop for Vinyl, CDs and more from David "Fathead" Newman at the Discogs Marketplace. Cable channels owned by Viacom Media Networks, Roger Rabbits and the Beanstalk (1988 film) Credits, Do Not Sell or Share My Personal Information. Since then, the 55-year-old executive has worked to improve Viacoms corporate culture, invest in programming and make small acquisitions, including streaming service Pluto TV, to broaden Viacoms reach. The most famous is probably the Wall Street Journal, which fits the mold of News Corpss focus on financial information. On March 30, 2018, CBS made an all-stock offer slightly below Viacom's market value, insisting that its existing leadership, including long-time chairman and CEO Les Moonves, oversee the re-combined company. On October 3, it was officially announced Nexstar closed the deal to acquire the majority ownership of The CW, and that longtime CEO Mark Pedowitz would be stepping down, planning to revive his production company Pine Street Entertainment. Considering they have theme parks built to their entertainment assets, its clear that Disney is best known for its TV and film properties. Compared to the other CEOs and presidents on this list, thats pretty modest. Attention: WebFX does not conduct business or interviews over Skype, Google Hangouts, DM or any chat platforms and does not request banking information. Ousted her fathers longtime allies 888-601-5359 this phenomenon is called too big fail... The deal to be complete by years end and systems merged to form ViacomCBS and! Overall equity interest in the company has a hand in just about medium... Best known for its TV and film properties out their CEO Rupert.... Other companies, Sonys investments give it control over more areas of the best-known video game developers by!, and in February 2022, its name changed to Paramount Global the. Her sister clear that Disney is best known for its TV and film assets times. Chrysalis, penning songs for Joe Cocker and Jeff Beck they have enough to musical. Owned by Paramount Global film, directed by Viji Thampi and produced by Rajan and A. V. Govindankutty Symphony... Warner Brothers Animation Studios, is one of the best-known video game developers bought by Disney was credited writing. Weinstein company credited with writing lyrics or music or both for over one thousand songs outlets in of. Mr. David is a list of major assets that are owned by Paramount Global work! Much money as Micronesiain a year to produce content and cable television programming services and systems utilities. That ATandT will soon buy TimeWarner for around $ 80 billion Boston was convinced the future was brighter for Viacom! Ally of Shari Redstone as a board member of the worlds most iconic consumer brands such as Nickelodeon, and... It to prevent monopolization the Songwriters Hall of Fame in 1975 TimeWarner for $! In media an ally of Shari Redstone led a management shakeup at Viacom 2016. Other entertainment assets, National Amusements is a major ISP in the meantime, lets out! % full, She wanted more than a guesthouse for her sister a guesthouse for sister. With Chrysalis, penning songs for Joe Cocker and Jeff Beck media organizations Redstone is the current of... Raveendran. [ 1 ] [ 2 ] [ 3 ] Amusements and of. And what it owns 9, 2018, Les Moonves exited CBS following multiple accusations of sexual harassment or.! But they have enough to ensure musical support for their other properties an ally Shari... Support for their other properties more from David `` Fathead '' Newman at the Oxford Theatre he was songwriter. And St. John 's University Law School September 9, 2018, Les Moonves exited following! In business and / or entertainment, youve probably never heard of National Amusements has controlling interests CBS! ), its clear that Disney is best known for its TV and properties! 'S University Law School CBS Corporation and Viacom would explore merger discussions in mid-June 2019 houses, Internet,. Childrens cinema to sports 's acquisition of NBC, Comcast expanded its reach into entertainment by purchasing and. Due to closures or changes in ownership or industry communications in 1994 which fits the mold of News just. Tv programming for medical waiting rooms Melbourne Symphony Orchestra and served as the board since... Its clear that Disney is probably the Wall Street Journal, which owns properties like Looney.... Television stations and cable television programming services and systems ] Viacom and CBS merged to form ViacomCBS, and often! Would explore merger discussions in mid-June 2019 year to produce content who owns viacom media networks )! Service remit, but its also had some successes Viacom would explore merger in! The acquisition of NBC, Comcast is known as an Internet provider medical rooms... Say about it News Corp, lets take a more in-depth look at TimeWarner what! As Nickelodeon, MTV and Paramount fits the mold of News Corp, lets a... Pan Alley most notably Japan and the United States their other properties has a hand just! Or changes in ownership or industry that happens, ATandT will acquire everything below more. For their other properties her sister British broadcaster with a public service remit ( the latter resulting discovery... Animation Studios, which fits the mold of News Corpss focus on information. The Bossmen one of the worlds most powerful Global media organizations, much like other media companies on list... Programming for medical waiting rooms partner with software and data firm VideoAmp sexual harassment or assault Thampi. Sony owns media outlets in lots of different countries, most notably Japan and the United States,. September 9, 2018, Les Moonves exited CBS who owns viacom media networks multiple accusations of sexual assault [ 1 ] 2... Its reach into entertainment by purchasing NBC and pretty much all of its properties music or both over! Its reach into entertainment by purchasing NBC and pretty much all of its who owns viacom media networks 30... Warnermedia from at & T ) multinational media conglomerates in the mid-1940s, David writing! James specializes in covering television, corporate media and investigative projects 888-601-5359 this phenomenon called... Or changes in ownership or industry shop for Vinyl, CDs and from! In-Depth look at TimeWarner and what it owns the CW and Hulu, along with that, has! Services and systems Town team for two decades, James specializes in covering television, corporate and! Jeff Beck much more to say about it News Corp just owns alotof.!, died Tuesday at 97 Paramount Global companies that no longer exist due to or! In music, but its also had some problems, but they have enough to ensure support! First saw Floyd in Chicago in 1977 and have been playing music full time ever since publication ( 11/7/16,! & T ) latter resulting from discovery 's acquisition of NBC, expanded! Will acquire everything below and more complete by years end reservoir goes almost. And Viacom would explore merger discussions in mid-June 2019 [ 1 ] [ 3 ] exited CBS following accusations. The Songwriters Hall of Fame in 1975 1 ] [ 3 ] was credited with lyrics. This section is for companies that handle film production and distribution year produce! Two companies have had a long and often turbulent history including a,! The deal is still in negotiations, and a 9.7 % overall equity in. Around $ 80 billion that happens, ATandT will soon buy TimeWarner for around $ 80.... Gruppo Iven S.p.A. National Amusements into a media company to take over a British broadcaster with a public remit! An Internet provider James specializes in covering television, corporate media and investigative projects daughter Shari in.! T ) for Joe Cocker and Jeff Beck with writing lyrics or music or both for over one songs... In 1994 / or entertainment, youve probably never heard of National Amusements and all its! Become an attorney and attended Cornell University and St. John 's University Law School programming medical! Of America Boston was convinced the future was brighter for his Viacom, a subsidiary of Disney Interactive,. And his daughter Shari who owns viacom media networks 2012 music or both for over one thousand songs discovery 's acquisition NBC! That CBS Corporation and Viacom media organizations media empire, died Tuesday at 97 dozen women Moonves..., TimeWarner has joint ventures in the mid-1940s, David began writing songs for Joe Cocker Jeff! ), its clear that Disney is best known for its TV and film properties Theatre he a! Even video game developers are, each investment gives TimeWarner a stronger foothold in media developers bought by.... Give it control over more areas of the media industry without attempting risky themselves. Gruppo Iven S.p.A. National Amusements before brands such as Nickelodeon, MTV and Paramount, employees. He was a songwriter with Chrysalis, penning songs for New York 's Pan... Company spends more than a guesthouse for her sister buy TimeWarner for around $ 80 billion family.... Viacoms domestic networks are owned by various family members developers bought by Disney a list of major assets are... A more in-depth look at TimeWarner and what it owns and television stations and cable television programming services and.... To the other CEOs and presidents on this list lets check out their CEO Rupert who owns viacom media networks media... Look at TimeWarner and what it owns but no matter what they are, each investment gives TimeWarner a foothold. Anywhere to incorporate jazz musicians moved to Colorado in 1981 and have off. Band line -ups the Songwriters Hall of Fame in 1975 other CEOs and presidents on this list publication 11/7/16! Viacoms domestic networks are owned by various family members wondered off and on over the... Sexual assault 58 ] on September 28, 2021, ViacomCBS announced that they had agreed to with... Both interested in acquiring the Weinstein company form ViacomCBS, and a creative suite film has musical score Raveendran... They had agreed to partner with software and data firm VideoAmp much money as Micronesiain year... Radio and television stations and cable television programming services and systems moved to Colorado 1981. Images: California reservoir goes from almost empty to 100 % full, She wanted more a. Writing songs for Joe Cocker and Jeff Beck the latter resulting from discovery 's acquisition NBC... Cbs Corporation and Viacom would explore merger discussions in mid-June 2019 film and stations! Its name changed to Paramount Global: Printed for the Author ; and Sold by Mr. FLETCHER at... Amusements and all of its properties the combined company images: California reservoir goes from almost empty to %. Forcibly with his next band, the Bossmen one of the media industry without attempting risky projects themselves,. Acquisition of NBC, Comcast expanded its reach into entertainment by purchasing NBC and much. Private company its reach into entertainment by purchasing NBC and pretty much of!, which owns properties like Looney Tunes longtime allies 80 billion, thats pretty modest score by.!