American Broadcasting-Paramount Theatres

American Broadcasting Companies, Inc.
Formerly
  • United Paramount Theatres
  • (1949–1953)
  • American Broadcasting-Paramount Theatres
  • (1953–1965)
Company typePublic
NYSE: ABC
IndustryMovie theater, radio broadcasting, television broadcasting, publishing, recording
Predecessor
FoundedNovember 15, 1949 (1949-11-15)
FounderParamount Pictures
DefunctMarch 18, 1985 (1985-03-18)
FateMerged with Capital Cities Communications
SuccessorsCapital Cities/ABC
(1985–1996)
Headquarters1501 Broadway, ,
U.S.
Area served
Nationwide
Revenue US$194.7 million (1955)
US$191.6 million (1955)
US$8.2 million (1955)
Total assets US$103.9 million (1955)
Total equity US$81.4 million (1955)
OwnerEdward J. Noble (10% common, 55% preferred)
Divisions
Subsidiaries
Footnotes / references

American Broadcasting Companies, Inc. (originally United Paramount Theatres, and American Broadcasting-Paramount Theatres, Inc., abbreviated ABPT) was the parent company of the American Broadcasting Company and, until 1978, United Paramount Theatres, formed from a merger of the two companies in 1949. The company was listed on the New York Stock Exchange under the ticker symbol ABC until it was acquired in 1985 by Capital Cities Communications, which then changed its name to Capital Cities/ABC Inc.