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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.
Leonard H. Goldenson (December 7, 1905 – December 27, 1999) was the founder and president of the United States -based television network American Broadcasting Company (ABC), from 1953 to 1986. Goldenson, as CEO of United Paramount Theatres, acquired a then-struggling ABC from candy industrialist Edward J. Noble.
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. [30]
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.
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 ...
After merging with United Paramount Theaters in 1953, ABC expanded into the emerging television industry and soon became one of the three top networks. It specialized in sports broadcasting and developed the instant replay in 1961.
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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.
