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Metromedia (also often MetroMedia) was an American media company that owned radio and television stations in the United States from 1956 to 1986 and controlled Orion Pictures from 1988 to 1997. Metromedia was established in 1956 after the DuMont Television Network ceased operations and its owned-and-operated stations were spun off into a separate company.
Metromedia hopes to recoup its initial investment in Telcell's first full year of operation. Metromedia remains a healthy company, with a variety of profitable interests in many different industries. John W. Kluge, commonly viewed as the richest man in the United States--he has donated $110 million to his alma mater, Columbia University--continues to guide the company on a daily basis.
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Company History: Founded by venture capitalist John Kluge, Metromedia Company is a private holding company for AboveNet, Inc. (formerly Metromedia Fiber Network), Metromedia International Group, Inc., and Metromedia Restaurant Group. AboveNet is a leading provider of fiber-optic network infrastructures enabling high-speed information exchange ...
Mr. Kluge was the creator of Metromedia, the nation’s first major independent broadcasting entity, a conglomerate that grew to include seven television stations, 14 radio stations, outdoor ...
Metromedia also has a significant stake in WorldCom Inc., a publicly held long-distance telephone service. The company owned a controlling stake in struggling Orion Pictures Corp. after rescuing it from bankruptcy in the late 1980s. In 1995, Metromedia returned to its roots with the acquisition of two Eastern European radio stations.
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metromedia offers print, outdoor and digital media solutions to reach over 3.5 million people every month in new york, boston, philadelphia.
