from that point forward, however, westinghouse proceeded to transform itself from its legendary role as a diversified conglomerate with a strong industrial heritage into a media giant. over the next year, it sold off almost all of its nonbroadcast properties. in 1997, westinghouse changed its name to cbs corporation and moved its headquarters to new york. westinghouse's cable television network properties—consisting then of the nashville network (now the general-interest paramount network) and country music television, which cbs/westinghouse purchased from gaylord entertainment in 1996, and equity stakes in regional sports networks midwest sports channel (now split into fox sports north, serving minnesota and the dakotas, and fox sports wisconsin, both of which cbs purchased in conjunction with its 1992 acquisition of midwest television and its two stations, wcco-tv in minneapolis/st. paul and wfrv-tv in green bay) and home team sports (now nbc sports washington) in the baltimore–washington area—were consequently reorganized as cbs cable (a name used prior by cbs inc. for a arts-oriented basic cable channel it operated from october 1981 to december 1982). in 1998, the company created a new licensing subsidiary under the westinghouse electric corporation name. in this sense, the westinghouse-cbs merger turned out to be a "wag the dog" transaction.