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Capital Cities/ABC Inc. was an American media company. It was founded in 1985 when Capital Cities Communications purchased the much larger American Broadcasting Company . It was eventually acquired by The Walt Disney Company and re-branded itself as Disney–ABC Television Group (now Disney General Entertainment Content ) in 1996.
- September 5, 1996; 27 years ago
- Albany, New York, U.S.
- April 5, 1946; 77 years ago
- American Broadcasting-Paramount Theatres
May 25, 2022 · After haggling over price, Capital Cities acquired ABC for $3.5 billion. At the time the deal, which one writer likened to a minnow swallowing a whale, was the biggest merger ever outside the oil...
Oct 27, 2011 · Mr. Burke became chief executive of Capital Cities/ABC in 1990, when Mr. Murphy retired from that position but stayed on as chairman. Mr. Burke retired in 1994. In 1995 Mr. Murphy pulled off one...
May 25, 2022 · SOCIETY. Tom Murphy, longtime Capital Cities/ABC Chairman and CEO who oversaw merger with Disney, dies at 96. Murphy was one of the most respected and admired businessmen of his era. Wednesday,...
Thomas “Tom” Murphy (Capital Cities/ABC), HBS 1949, joined a small television station in upstate New York after graduating from HBS. Over several decades, and as a result of many brilliantly crafted deals, he gradually built the telecommunications empire Capital Cities.
Aug 1, 1995 · By WWD Staff. August 1, 1995, 12:00am. DISNEY, CAP CITIES/ABC AGREE TO MERGE IN $19 BILLION DEAL. NEW YORK — The Walt Disney Co. and Capital Cities/ABC Inc. have agreed to merge in a deal...
Capital Cities/ABC, Inc. operates in several areas of the media business. The Company operates the ABC Television Network with over 228 primary affiliates, ABC Radio Network and several TV and ...
