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The channel also carries original series, with newer episodes primarily being shown on Sunday and Monday evenings.

Similar to Showtime 2, Showcase features movies, first-run feature films and original made-for-cable films originally produced for Showtime.

The following week on July 8, Showtime launched on Viacom Cablevision's system in Dublin, California; The first program and television special to be broadcast on Showtime was Celebration, a concert special featuring performances by Rod Stewart, Pink Floyd and ABBA.

By the end of its first year on the air, Showtime had a total of 55,000 subscribers nationwide.

Two weeks later on August 26, Viacom acquired Warner Communications and Warner-Amex's combined 50% ownership interest in Showtime/The Movie Channel, Inc. Also in 1988, the company formed Showtime Event Television (now Showtime PPV) as a pay-per-view distributor of special event programming.

as well as full ownership of the Warner-Amex and public shareholder interests in MTV Networks for $671.7 million, giving Viacom exclusive ownership of both networks and once again making it the sole owner of Showtime through its $500 million cash payment and acquisition of 1.625 million shares from Warner for the latter's 31% stake in Showtime/The Movie Channel and Warner-Amex's 19% interest in the unit and its 60% interest in MTV Networks (Viacom owned Showtime alone or jointly with other companies – Tele Promp Ter Corporation, and later briefly, its successor Group W Cable – from the time it launched in July 1976). In 1990, Showtime ventured into acquiring and premiering independent films exclusively for the channel as part of the 30-Minute Movie short film anthology series.

545 Showtime (east; HD/SD) 546 Showtime (west; HD/SD) 547 Showtime 2 (HD/SD) 548 Showcase (HD/SD) 549 Showtime Extreme (HD/SD) 550 Showtime Beyond (HD) 551 Showtime Next (HD) 552 Showtime Women (HD) 1545 Showtime On Demand Showtime is an American premium cable and satellite television network that serves as the flagship service of the Showtime Networks subsidiary of CBS Corporation, which also owns sister services The Movie Channel and Flix.

Showtime's programming primarily includes theatrically released motion pictures and original television series, along with boxing and mixed martial arts matches, occasional stand-up comedy specials and made-for-TV movies.

However, the deal ran into regulatory hurdles since Warner, Universal and Paramount received 50% of their respective total revenue from film releases and licensing fees from premium services; furthermore, Showtime and TMC combined would control about 30% of the pay cable marketplace, creating an oligopoly with HBO (which, in conjunction with Cinemax, controlled 60% of the market).

After a four-month investigation resulted in the Department of Justice filing a civil antitrust lawsuit against the five parties to block the Showtime-TMC merger on June 10, 1983, the Department asked Warner and American Express to restructure the deal during hearings for the case.

On June 14, 2005, Viacom decided to separate itself into two companies (only six years after the company's acquisition of CBS), both of which would be controlled by Viacom parent National Amusements, amid stagnation of the company's stock price. A new company that assumed the Viacom name kept Paramount Pictures, the MTV Networks and BET Networks cable divisions, and Famous Music (the latter of which was sold to Sony-ATV Music Publishing in May 2007).

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