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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.
- United States
- NBC Blue Network
- Radio: October 12, 1943, Television: April 19, 1948
- Disney General Entertainment Content
May 25, 2022 · Ten years after the ABC acquisition, Murphy surprised the business world again with the announcement of the merger of Capital Cities/ABC with The Walt Disney Company. It was a $19 billion...
Sep 21, 2023 · In 1985, ABC was acquired by Capital Cities Communication, a low-key owner of TV and radio stations and print publications founded in upstate New York, hardly an entertainment industry hub,...
Aug 1, 1995 · The deal between the Walt Disney Co. and Capital Cities/ABC Inc. would make Cap Cities a subsidiary of Disney and create the world’s largest entertainment company. The deal combines the...
Created in 1943 from the former National Broadcasting Company (NBC) Blue radio network, ABC is owned by the Walt Disney Company and is part of the Disney-ABC Television Group. It first broadcast on television in 1948. Corporate headquarters are in New York City, while programming offices are in Burbank, California.
Jan 31, 2024 · 1. Capital Cities/ABC (1996): 100% ownership. Disney acquired Capital Cities/ABC in 1996 for $19 billion. At the time, it was the second-largest corporate takeover in history.
Jun 8, 2022 · In 1971 Capital Cities Communications, later Capital Cities/ABC, Inc., purchased the station and changed its call letters from WFIL-TV to WPVI-TV (the "P" for Philadelphia and the "VI" for...
