Country Music Television (CMT) is an American pay TV network owned by Paramount Media Networks, a division of Paramount Global. Launched on March 5, 1983, as Country Music Television, CMT was the first nationally available channel devoted to country music and country music videos, with its programming also including concerts, specials, and biographies of country music stars. Over time, the network's programming expanded to incorporate original lifestyle and reality programming while downplaying its focus on country music. As of January 2018, approximately 92 million U.S. homes (or 76.9% of the Nielsen-estimated 119.2 million television households ) receive CMT. The channel's headquarters are located in One Astor Plaza in New York City, and has additional offices in Nashville, Tennessee. History Early years (1983–1991) CMTV, an initialism for Country Music Television, was founded by Glenn D. Daniels, the owner of Video World Productions in Hendersonville, Tennessee. Daniels put together the ownership group of Telestar Corporation and the Blinder Robinson & Company investment bank in a three-way split. Daniels also served as the program director and the first president of the network. The network launched on March 5, 1983, at 6:19 p.m. CT, beating its chief competitor, The Nashville Network, to air by two days. The first video clip to air on CMT was Faron Young's 1971 hit "It's Four in the Morning". The following summer, MTV filed a trademark infringement lawsuit over the initials CMTV, and the network changed its name to simply CMT. In 1991, Opryland USA and its owner Gaylord Entertainment Company acquired CMT in a $34 million deal. The network was sold by a group led by radio station owner Robert Sillerman, record producer James Guercio and Nyhl L Henson. Opryland USA and owner Gaylord also owned CMT's competitor The Nashville Network. In October 1992, CMT launched its first international channel, CMT Europe, as part of the Sky Multichannels package. In July 1995, CMT launched its Brazilian version in association with Grupo Abril's TVA. By 1998, Gaylord reported $10 million in losses from CMT Europe and decided to cease broadcasting the network on March 31, 1998. Gaylord had planned to emulate the successful model created by E!, by selling large programming blocks to other European channels, but these plans never occurred. On October 1, 1994, CMT made its first major format change by adding several new music-oriented programs. In 1995, CMT dropped all videos by Canadian artists without U.S.