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Gulf and Western Industries, Inc. (stylized as Gulf+Western) was an American conglomerate. The company originally focused on manufacturing and resource extraction, but it began purchasing a number of entertainment companies beginning in 1966 and continuing through the 1970s.
Market Value: $4.817 billion. Stock Index: New York. Company History: After years of conducting operations in everything from auto parts to zinc, Gulf & Western has recently narrowed its focus. Today, its primary businesses are in entertainment, financial services, and consumer products.
3 days ago · Gulf + Western Inc.,, corporation that was founded in 1958 by Charles Bluhdorn and became one of the most highly diversified conglomerates in the United States. Gulf + Western took control of the Paramount Pictures Corporation ( q.v. ) in 1966.
Jun 14, 2016 · Imagine a company that began by making car bumpers buying a Hollywood movie studio. That was Gulf and Western, a symbol of conglomerate excess that started in the late 1950s.
Gulf and Western Industries, Inc. (stylized as Gulf+Western) was an American conglomerate. The company originally focused on manufacturing and resource extraction, but it began purchasing a number of entertainment companies beginning in 1966 and continuing through the 1970s.
Aug 29, 1983 · Gulf & Western is only the latest company to follow the newly fashionable divestiture route. Such firms as Beatrice Foods, Quaker Oats and General Electric have all sold off major holdings...
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Paramount was a former subsidiary of Gulf and Western Industries, which Bluhdorn purchased in 1956 when it was called the Michigan Plating and Stamping Company. By 1966, Bluhdorn had grown Gulf and Western to revenues estimated at $182 million; that year it ranked 346th in the Fortune 500 list.
