Infinity Gets A New Name

CBS Corp., which is separating from parent company Viacom, said it plans to re-brand its Infinity Broadcasting radio division, calling it CBS Radio.

The group, which is the No. 2 radio company in the U.S. after Clear Channel, includes 179 radio stations, most of which are in the nation’s top 50 markets.

Viacom is set to break the company into two publicly traded corporations: CBS, which will hold the CBS network, a group of affiliated TV stations and CBS Radio; and the “new” Viacom, which will comprise MTV, VH1, other cable networks and the Paramount movie studio.

The split is expected to occur with the start of the new year.