American Broadcasting-Paramount Theatres

American Broadcasting Companies, Inc.

American Broadcasting-Paramount Theatres former headquarters located in 1501 Broadway.
Formerly	United Paramount Theatres (1949–1953) American Broadcasting-Paramount Theatres (1953–1965)
Company type	Public
Industry	Movie theater, radio broadcasting, television broadcasting, publishing, recording
Predecessor	United Paramount Theatres American Broadcasting Company
Founded	November 15, 1949; 75 years ago (1949-11-15)
Founder	Paramount Pictures
Defunct	March 18, 1985; 40 years ago (1985-03-18)
Fate	Merged with Capital Cities Communications
Successors	Capital Cities/ABC (1985–1996)
Headquarters	1501 Broadway, New York City , U.S.
Area served	Nationwide
Revenue	US$194.7 million (1955)
Operating income	US$191.6 million (1955)
Net income	US$8.2 million (1955)
Total assets	US$103.9 million (1955)
Total equity	US$81.4 million (1955)
Owner	Edward J. Noble (10% common, 55% preferred)[1]
Divisions	American Broadcasting ABC Leisure Group ABC Leisure Group II
Subsidiaries	ABC Scenic & Wildlife Attractions ABC Video Enterprises, Inc. Balaban and Katz Corporation Paramount Gulf Theatres Tri-States Theatre Corporation Alabama Theatres, Inc. North Carolina Theatres, Inc. ABC Films Syndication, Inc. Am-Par Records, Inc. UPT Concessions, Inc. Disneyland, Inc. (34%)
Footnotes / references [2]

American Broadcasting Companies (originally United Paramount Theatres, and American Broadcasting-Paramount Theatres, Inc., was the post-merger parent company of the American Broadcasting Company and United Paramount Theatres.