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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. History.
ABC later joined United Paramount Theatres forming American Broadcasting-Paramount Theatres (later American Broadcasting Companies, Inc.). After its venture into radio and television throughout the 1960s and 1970s and the purchase of ESPN in 1982, the company was acquired and merged with Capital Cities, forming Capital Cities/ABC in 1986.
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.
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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.
May 11, 2015 · American Broadcasting-Paramount Theatres. At the end of 1949, movie theater operator United Paramount Theatres (UPT) was forced by the U.S. Supreme Court to become an independent entity, separating itself from Paramount Pictures. For its part, ABC was on the verge of bankruptcy, with only five owned-and-operated stations and nine full-time ...
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. For comparative purposes, the 1952 ...
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.
