American Broadcasting-Paramount Theatres

American Broadcasting-Paramount Theatres, Inc.

American Broadcasting-Paramount Theatres former headquarters located in 1501 Broadway.
Formerly	United Paramount Theatres (1949–1953) American Broadcasting-Paramount Theatres (1953–1965) American Broadcasting Companies, Inc. (1965–1985) ABC Television, Inc. (1986–1989)
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	July 24, 1989; 35 years ago (1989-07-24)
Fate	Purchased and dissolved
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-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.