Per the 'pedia, Cedar Fair terminated their licensing agreement with CBS 
for Paramount properties (like Star Trek) in 2007-2008.  As for the parks 
themselves, some have been integrated into Cedar Fair's operations, and 
some have been sold.

It wouldn't be in CBS's best interest to go after Cedar Fair (either to get 
the parks back or to acquire the company as a whole) - unless you're Disney 
or Comcast and have the ancillary business to prop them up during down 
times, theme parks tend to be a losing proposition for movie 
studios/entertainment companies in the US.  (And I say this having worked 
at Six Flags Great Adventure at the tail end of the Time Warner era.)

On Wednesday, August 14, 2019 at 10:45:02 AM UTC-4, BigOShowtime wrote:
>
> A propos of nothing, but I don't see Cedar Fair giving up the parks it 
> gained in the Paramount Parks deal. But that's neither here nor there. 
>
> ~D
>
> -----------------------------------------
> From: "Doug Fields" 
> To: "tvor...@googlegroups.com <javascript:>"
> Cc: 
> Sent: Wednesday August 14 2019 7:26:55AM
> Subject: Re: [TV orNotTV] CBS, Viacom together again
>
> The original Viacom owned CBS for several years, until the company decided 
> to split in the mid-00s due to stock market strategy (and as a solution to 
> an internal power struggle between Les Moonves and whoever the guy in 
> charge of MTV was at the time, over who would replace Sumner Redstone when 
> he retired).
>
> The original Viacom took the name "CBS Corporation" after the split, with 
> the rest of the company (MTV, BET, Paramount Pictures, etc) taking the name 
> "Viacom" as a completely new entity.  Now, with this merger, they're 
> putting the band back together, the way it was 15 years ago.
>
> Doug Fields
> Tampa, FL
>
> ------------------------------
> *From:* tvor...@googlegroups.com <javascript:> <tvor...@googlegroups.com 
> <javascript:>> on behalf of Doug Eastick <eas...@mcd.on.ca <javascript:>>
> *Sent:* Wednesday, August 14, 2019 6:58 AM
> *To:* tvor...@googlegroups.com <javascript:> <tvor...@googlegroups.com 
> <javascript:>>
> *Subject:* Re: [TV orNotTV] CBS, Viacom together again 
>  
> Why did I think that CBS had been owned by Viacom for years already?  
>  Were they already "close" on many fronts? 
>
>
>
> On Tue., Aug. 13, 2019, 2:28 p.m. Kevin M., <drunkba...@gmail.com 
> <javascript:>> wrote:
>
> Here is the formal announcement 
>
>
> <https://www.cbscorporation.com/wp-content/uploads/2019/08/ViacomCBS-Press-Release-FINAL.pdf>
> https://www.cbscorporation.com/wp-content/uploads/2019/08/ViacomCBS-Press-Release-FINAL.pdf
>
>
> On Tue, Aug 13, 2019 at 10:13 AM 'Bob Jersey' via TVorNotTV <
> tvor...@googlegroups.com <javascript:>> wrote:
>
> All that's left is the formal announcement, which Deadline says will come 
> this afternoon (8/13)... both firms' stock prices recovered following big 
> plunges Monday...
>
> <https://deadline.com/2019/08/cbs-viacom-merger-deal-price-1202667116/>
> https://deadline.com/2019/08/cbs-viacom-merger-deal-price-1202667116/ 
> (link)
>
> B
>
>
>
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> -- 
> Kevin M. (RPCV)
>
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