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British Broadcasting Company
The British Broadcasting Company Ltd. (BBC) was a short-lived British commercial broadcasting company formed on 18 October 1922 by British and American electrical companies doing business in the United Kingdom. Licensed by the British General Post Office, their original office was located on the second floor of Magnet House, the GEC buildings in London and consisted of a room and a small antechamber. On 14 December 1922, John Reith was hired to become the Managing Director of the company at that address. The company later moved its offices to the premises of the Marconi Company. The BBC as a commercial broadcasting company did not sell air time but it did carry a number of sponsored programmes paid for by British newspapers. On 31 December 1926, the company was dissolved, and its assets were transferred to the non-commercial and crown-chartered British Broadcasting Corporation (BBC). Brief history Post Office stations In Britain prior to 1922, the General Post Office (GPO) r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company Limited By Shares
A private company limited by shares is a class of private limited company incorporated under the laws of English law, England and Wales, Northern Irish law, Northern Ireland, Scots law, Scotland, certain Commonwealth of Nations, Commonwealth countries, and the Republic of Ireland. It has shareholders with limited liability and its shares may not be offered to the general public, unlike those of a public limited company. "Limited by shares" means that the liability of the shareholders to creditors of the company is limited to the Capital (economics), capital originally invested, i.e. the nominal value of the shares and any premium paid in return for the issue of the shares by the company. A shareholder's personal assets are thus protected in the event of the company's insolvency, but any money invested in the company may be lost. A limited company may be "private" or "public". A private limited company's Corporation#Financial disclosure, disclosure requirements are lighter, bu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |