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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.
- November 15, 1949; 73 years ago
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.
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.
- United States
- NBC Blue Network
- Radio: October 12, 1943, Television: April 19, 1948
- Disney General Entertainment Content
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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. The new company was based in Paramount’s headquarters at 1501 Broadway in New York, and owned six AM radio stations and many FMs, as well as five TV stations and 644 ...
Learn how Paramount Pictures and United Paramount Theatres merged with American Broadcasting Company in 1951, and how they pursued independent producers for television programming. The web page also covers the history of Paramount's theater monopoly in Detroit and its antitrust battles.
AMERICAN BROADCASTING PARAMOUNT THEATRES, INC. annual report 1953. BOARDOF DIRECTORS. EARL E. ANDERSON JOHN BALABAN A. H.BLANK JOHNA.COLEMAN CHARLEST. FISHER, JR. E.CHESTERGERSTEN. LEONARD II. GOLDENSON WALTER W. GROSS. ROBERT H. HINCKLEY. ROBERT L.HUFFINES,JR. WILLIAM T.KILBORN. ROBERT E.KINTNER.
It extended its operations to television in 1948, following in the footsteps of established broadcast networks CBS and NBC, as well as the lesser-known DuMont. In the mid-1950s, ABC merged with United Paramount Theatres (UPT), a chain of movie theaters that formerly operated as a subsidiary of Paramount Pictures.
