Act III Broadcasting was a company that owned several television stations that started as independents, and later became Fox affiliates. The stations were located in medium-sized DMA's (markets) and were primarily UHF stations. Act III Broadcasting was in business from 1986 to 1995 when it was sold to ABRY Partners/Sullivan Broadcasting for US$500 million (equivalent to $910 million in 2023).[1] Television producer Norman Lear owned a controlling stake in Act III Broadcasting through his company Act III Communications.