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American Broadcasting-Paramount Theatres, Inc. (originally United Paramount Theatres, later the American Broadcasting Companies and ABC Television) was the post-merger parent company of the American Broadcasting Company and United Paramount Theatres.
It became an independent radio (and eventually television) network known as the American Broadcasting Company (ABC) in 1943. ABC later joined United Paramount Theatres forming American Broadcasting-Paramount Theatres (later American Broadcasting Companies, Inc.).
Nov 15, 2019 · The annual financial reports for the American Broadcasting Company, its successor American Broadcasting-Paramount Theatres, and its successor American Broadcasting Companies, Inc. from 1945 to 1950, from 1952 to 1973, and from 1975, and for its acquired company United Paramount Theatres from 1952.
The merged company, renamed American Broadcasting-Paramount Theatres, Inc. and headquartered in the Paramount Building at 1501 Broadway in Manhattan, owned six AM and several FM radio stations, five television stations and 644 cinemas in 300 U.S. cities.
American Broadcasting-Paramount Theatres was formed, and the head of the company Leonard Goldenson symbolized the new kind of media mogul that emerged as the Hollywood studio system was being swept away by industry change.
Jul 4, 2024 · American Broadcasting Company (ABC), major American television network that is a division of the Disney Company. Its headquarters are in New York City. Originally a radio network, the company was spun off from the National Broadcasting Company in 1943, and it turned its attention to television in 1948.
Feb 28, 2020 · Goldenson convinced his investors, and bought ABC, creating a company temporarily called American Broadcasting-Paramount Theaters. Struggling along as a poor third player in the embryonic television industry, Goldenson sought opportunities to prosper.
Feb 9, 2015 · On February 9, 1953, the FCC authorized UPT’s purchase of ABC in exchange for $25 million in shares, and the company was renamed American Broadcasting-Paramount Theaters, Inc.
post-merger parent company of the American Broadcasting Company and United Paramount Theatres
This is the first annual report of American Broadcasting-Paramount Theatres, Inc. (AB-PT), the company resulting from the merger on February 9, 1953 of American Broadcasting Company, Inc. with United Paramount Theatres, Inc. A financial summary of the year’s operations is shown on the opposite page.
