CBS Media Ventures, Inc. (formerly CBS Paramount Domestic Television and CBS Television Distribution) is the television broadcast 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), while currently acting as the flagship distribution arm for CBS, & partnering with Warner Bros. Domestic Television Distribution for The CW. The division also consists of CBS's home entertainment arm, CBS Home Entertainment.