American Broadcasting-Paramount Theatres

United Paramount TheatresUnited Paramount TheatersABC Video EnterprisesAmerican Broadcasting CompaniesAB-PTABCABC Motion PicturesAmerican Broadcasting Companies, Inc.American Broadcasting-Paramount Theatres, Inc.AP Theatres
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.wikipedia
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American Broadcasting Company

ABCABC-TVABC Network
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.
In the mid-1950s, ABC merged with United Paramount Theatres, a chain of movie theaters that formerly operated as a subsidiary of Paramount Pictures.

Paramount Pictures

ParamountParamount StudiosParamount British Pictures
United Paramount Theatres, Inc. (UPT) was incorporated on 1949-11-15, as a spin off of Paramount Pictures' movie theater operations pursuant to the Supreme Court anti-trust ruling in United States v. Paramount Pictures, Inc..
This decision broke up Adolph Zukor's creation, with the theater chain being split into a new company, United Paramount Theaters, and effectively brought an end to the classic Hollywood studio system.

Balaban and Katz

Balaban & KatzBalaban and Katz BroadcastingB&K Roosevelt Theatre
UPT took over Paramount's theater chains, which included Balaban and Katz, a Chicago-based circuit that also included some broadcasting interests.
It became a part of United Paramount Theatres in 1948 after Paramount was forced to sell off its theaters.

WBBM-TV

WBBMWBKBCBS Chicago
The sale of WBKB (TV) in Chicago to CBS for $6 million was also approved by the FCC.
In 1949, Balaban and Katz became part of United Paramount Theatres, after Paramount Pictures was forced to divest its chain of movie theaters by order of the United States Supreme Court.

ABC Records

ABCABC-ParamountABC-Paramount Records
The business was incorporated on June 14, 1955, as Am-Par Record Corporation. By 1972-5, ABCs formed the ABC Leisure Group consisting of its theaters, farm publishing operations (ABC Farm Publications) and music (ABC Records), Anchor Records and ABC Records and Tape Sales plus a new retail record store division.
American Broadcasting-Paramount Theatres (AB-PT) was the owner of the American Broadcasting Company (ABC).

Leonard Goldenson

Leonard H. Goldenson
Leonard Goldenson, who had headed the theater chain since 1938, remained as UPT's president.
Goldenson was hired to help reorganize United Paramount Theatres, Paramount's theater chain, which at the time was nearing bankruptcy.

Cumulus Media Networks

ABC RadioCitadel MediaABC Radio Network
On May 1, 1957, the American Broadcasting Company Radio Network was formed as an autonomous subsidiary, with Robert E. Eastman as President.
Financially unable to match the larger networks, ABC merged with United Paramount Theaters early in 1953.

Disneyland, Inc.

dealDisneyland programming deal
For $500,000 in cash and a guarantee of $4.5 million in bank loans, AB-PT acquired a 34.48% interest in Disneyland, Inc. and secured an agreement with Walt Disney Productions to provide programs for the ABC-TV network.
Also that month, one of the Disney brothers had an initial meeting with American Broadcasting-Paramount Theatres's Leonard H. Goldenson about Disneyland financing for Disney Production film inventory.

Plitt Theatres

ABC TheatresABC-ParamountABC/Great States
UPT took over Paramount's theater chains, which included Balaban and Katz, a Chicago-based circuit that also included some broadcasting interests.
On December 31, 1949, the theater business was spun off into an independent company called United Paramount Theatres, headed by Leonard Goldenson.

United States v. Paramount Pictures, Inc.

Paramount CaseParamount DecreeU.S. vs. Paramount Pictures, et al.
United Paramount Theatres, Inc. (UPT) was incorporated on 1949-11-15, as a spin off of Paramount Pictures' movie theater operations pursuant to the Supreme Court anti-trust ruling in United States v. Paramount Pictures, Inc..
Paramount Pictures Inc. was forced to split into two companies: the film company Paramount Pictures Corp. and the theater chain (United Paramount Theaters), which itself merged in 1953 with the American Broadcasting Company.

Walt Disney

DisneyWaltWalter Elias Disney
In 1954, AB-PT made a deal with Walt Disney to provide capital for his proposed Disneyland amusement park.
After obtaining bank funding he invited other stockholders, American Broadcasting-Paramount Theatrespart of American Broadcasting Company (ABC)and Western Printing and Lithographing Company.

Anchor Records

AnchorAnchor Recording Studios
By 1972-5, ABCs formed the ABC Leisure Group consisting of its theaters, farm publishing operations (ABC Farm Publications) and music (ABC Records), Anchor Records and ABC Records and Tape Sales plus a new retail record store division.
Anchor Records was a UK based record label, co-founded by Ian Ralfini and the American Broadcasting Companies, which owned ABC Records in the United States, in 1974.

List of production companies owned by the American Broadcasting Company

ABC Circle FilmsGreengrass ProductionsABC Pictures
ABCs started [[List of production companies owned by the American Broadcasting Company#ABC Pictures International|ABC Pictures]] in 1965 to produce feature films.
Walt Disney Television, formerly American Broadcasting Companies, Capital Cities/ABC and Disney-ABC Television Group has formed a number of production companies over the years.

1501 Broadway

Paramount BuildingNew York Paramount Building
American Broadcasting Companies move from the New York Paramount Building to the ABC Building at 1330 Avenue of the Americas, in 1965.
The building continued as American Broadcasting-Paramount Theatres's headquarters after UPT's merger with ABC.

Edward J. Noble

Edward John NobleEdward Noble
By 1951, he entered negotiations to merge the network with United Paramount Theaters, headed by Leonard Goldenson; Goldenson became chairman of the ABC network, while Noble sat on its board of directors for the rest of his life.

ITT Inc.

ITTITT CorporationInternational Telephone and Telegraph
ABC also considered International Telephone & Telegraph and General Tire, before accepting UPT's offer.

General Tire

General Tire and Rubber CompanyPOCGeneral Tire and Rubber
ABC also considered International Telephone & Telegraph and General Tire, before accepting UPT's offer.

Robert E. Kintner

Robert KintnerRobert Kitner
Leonard H. Goldenson continued as corporate president post merger with ABC president Robert E. Kintner continuing as ABC division president.

Disneyland

Disneyland ParkDisney LandMain Street Vehicles
In 1954, AB-PT made a deal with Walt Disney to provide capital for his proposed Disneyland amusement park.

Western Union

Western Union Telegraph CompanyAmerican Telegraph CompanyWestern Union Telegraph
In February 1956, along with Western Union, AB-PT agreed to purchase a 22% share of Technical Operations, Inc. a nucleonics, operations research, chemistry and electronics company, with options to increase the share to 25%.

Weeki Wachee Springs

Weeki WacheeWeeki Wachee Springs State Park
AB-PT purchased the Weeki Wachee Springs natural tourist attraction in Florida in 1959.

Florida

FLState of FloridaFloridian
AB-PT purchased the Weeki Wachee Springs natural tourist attraction in Florida in 1959.

Farm Progress

Wallaces' FarmerFarm Progress ShowPrairie Farmer
Also in 1959, AB-PT acquired the Prairie Farmer agricultural publishing group, including Chicago radio station WLS (AM), which shared a frequency with AB-PT's station WENR (defunct).

WLS (AM)

WLSWLS-AMWENR
Also in 1959, AB-PT acquired the Prairie Farmer agricultural publishing group, including Chicago radio station WLS (AM), which shared a frequency with AB-PT's station WENR (defunct).

The Walt Disney Company

DisneyWalt Disney ProductionsWalt Disney
For $500,000 in cash and a guarantee of $4.5 million in bank loans, AB-PT acquired a 34.48% interest in Disneyland, Inc. and secured an agreement with Walt Disney Productions to provide programs for the ABC-TV network.