This is an alternate universe where Time, Inc. purchases Paramount Communications instead of Warner Communications, resulting in the formation of Time Paramount.
Timeline[]
1989 - Gulf+Western changes its name to Paramount Communications.
1990 - Time, Inc. purchased Paramount pictures and becomes Time Paramount.
1993 - In 1993, Time Paramount purchased CBS.
1996 - Time Paramount purchased Viacom.
2001 - AOL purchased Time Paramount and becomes AOL Time Paramount.
2003 - AOL Time Paramount sells AOL and becomes Time Paramount once again.