 In 2016, the company was sold to the beIN Media Group.In 2019, beIN agreed to sell a 49% stake in the company to ViacomCBS (via its Paramount Pictures unit); the sale was completed on April 3, 2020.The company was founded by the brothers Bob and Harvey Weinstein in Buffalo, New York, in 1979, and was named by combining the first names of their parents, Miriam and Max.