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Field Communications
Field Communications was an American broadcast media company and a wholly owned division of Field Enterprises, which owned the ''Chicago Sun-Times'' and the ''Chicago Daily News''. Based in Chicago, Illinois, the company owned UHF independent television stations in the United States, with WFLD-TV in Chicago as its flagship and largest-market station. History The broadcasting arm of Field Enterprises began in January 1966 with the initial sign-on of WFLD. On May 26, 1972, Field sold a majority ownership (about 77.5 percent) of WFLD-TV to Oakland, California–based Kaiser Broadcasting; in turn, Kaiser sold a 22.5 percent minority stake in their station group to Field. The Kaiser chain consisted of WKBD-TV in Detroit, WKBF-TV in Cleveland, WKBS-TV in the Philadelphia area, KBHK-TV in San Francisco, WKBG-TV in Boston (owned by Kaiser in a joint venture with the ''Boston Globe'') and KBSC-TV in the Los Angeles area. KBSC-TV, which had struggled in the Los Angeles ar ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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WKBD-TV
WKBD-TV (channel 50) is a television station in Detroit, Michigan, United States, affiliated with The CW. It is owned by the CBS News and Stations group alongside CBS owned-and-operated station WWJ-TV (channel 62). Both stations share studios on Eleven Mile Road in the Detroit suburb of Southfield, where WKBD-TV's transmitter is also located. History Channel 50 background On the week before May 5, 1952, Goodwill Stations, owner of WJR radio in Detroit, announced the intent of applying for four station licenses which would operate as a regional network—UHF channel 50 in Detroit, VHF channel 11 in Toledo, Ohio, VHF channel 12 in Flint and VHF channel 5 in Bay City. In 1953, WBID-TV was granted a construction permit for Channel 62. Owned by Max Osnos' Woodward Broadcasting (Osnos also owned 9% of WITI in Milwaukee), WBID planned on broadcasting from the Cadillac Tower in downtown Detroit. The following year, the owners of WJLB radio were granted a permit for WJLB-TV on Channel 5 ...
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Los Angeles
Los Angeles ( ; es, Los Ángeles, link=no , ), often referred to by its initials L.A., is the largest city in the state of California and the second most populous city in the United States after New York City, as well as one of the world's most populous megacities. Los Angeles is the commercial, financial, and cultural center of Southern California. With a population of roughly 3.9 million residents within the city limits , Los Angeles is known for its Mediterranean climate, ethnic and cultural diversity, being the home of the Hollywood film industry, and its sprawling metropolitan area. The city of Los Angeles lies in a basin in Southern California adjacent to the Pacific Ocean in the west and extending through the Santa Monica Mountains and north into the San Fernando Valley, with the city bordering the San Gabriel Valley to it's east. It covers about , and is the county seat of Los Angeles County, which is the most populous county in the United States with an estim ...
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KVEA
KVEA (channel 52) is a television station licensed to Corona, California, United States, serving the Los Angeles area with programming from the Spanish-language Telemundo network. It is owned and operated by NBCUniversal's Telemundo Station Group alongside KNBC (channel 4). Both stations share studios at the Brokaw News Center in the northwest corner of the Universal Studios Hollywood lot off Lankershim Boulevard in Universal City, while KVEA's transmitter is located atop Mount Wilson. Channel 52 was established as KMTW, an independent station owned by Kaiser Broadcasting, which became KBSC-TV in 1968. Kaiser explored several pay television systems to operate using the station, but none materialized until Oak Industries acquired the station and made it the first and most successful operation in ON TV, boasting as many as 400,000 subscribers at its zenith. As subscription television declined, Oak sold KBSC-TV in 1985 to a group that relaunched it as Spanish-language KVEA and ...
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Boston Globe
''The Boston Globe'' is an American daily newspaper founded and based in Boston, Massachusetts. The newspaper has won a total of 27 Pulitzer Prizes, and has a total circulation of close to 300,000 print and digital subscribers. ''The Boston Globe'' is the oldest and largest daily newspaper in Boston. Founded in 1872, the paper was mainly controlled by Irish Catholic interests before being sold to Charles H. Taylor and his family. After being privately held until 1973, it was sold to ''The New York Times'' in 1993 for $1.1billion, making it one of the most expensive print purchases in U.S. history. The newspaper was purchased in 2013 by Boston Red Sox and Liverpool owner John W. Henry for $70million from The New York Times Company, having lost over 90% of its value in 20 years. The newspaper has been noted as "one of the nation's most prestigious papers." In 1967, ''The Boston Globe'' became the first major paper in the U.S. to come out against the Vietnam War. The paper's 2002 ...
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ...
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Boston
Boston (), officially the City of Boston, is the state capital and most populous city of the Commonwealth of Massachusetts, as well as the cultural and financial center of the New England region of the United States. It is the 24th- most populous city in the country. The city boundaries encompass an area of about and a population of 675,647 as of 2020. It is the seat of Suffolk County (although the county government was disbanded on July 1, 1999). The city is the economic and cultural anchor of a substantially larger metropolitan area known as Greater Boston, a metropolitan statistical area (MSA) home to a census-estimated 4.8 million people in 2016 and ranking as the tenth-largest MSA in the country. A broader combined statistical area (CSA), generally corresponding to the commuting area and including Providence, Rhode Island, is home to approximately 8.2 million people, making it the sixth most populous in the United States. Boston is one of the oldest ...
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WLVI
WLVI (channel 56) is a television station licensed to Cambridge, Massachusetts, United States, serving the Boston area as an affiliate of The CW. It is owned by Sunbeam Television alongside WHDH (channel 7), an independent station. WLVI and WHDH share studios at Bulfinch Place (near Government Center) in downtown Boston; through a channel sharing agreement, the two stations transmit using WHDH's spectrum from the WHDH-TV tower in Newton, Massachusetts. Channel 56 is Boston's oldest UHF station, with roots dating to 1953 and having been in continuous operation since 1966. In addition to syndicated entertainment programs, the station was notable for producing a variety of local children's and sports programs, and in the late 1960s and between 1984 and 2006, it produced local newscasts. History WTAO-TV On December 19, 1952, the Middlesex Broadcasting Company, owners of WTAO (740 AM) and WXHR (96.9 FM) applied for a construction permit to build a new television station in Cam ...
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San Francisco
San Francisco (; Spanish language, Spanish for "Francis of Assisi, Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the List of California cities by population, fourth most populous in California and List of United States cities by population, 17th most populous in the United States, with 815,201 residents as of 2021. It covers a land area of , at the end of the San Francisco Peninsula, making it the second most densely populated large U.S. city after New York City, and the County statistics of the United States, fifth most densely populated U.S. county, behind only four of the five New York City boroughs. Among the 91 U.S. cities proper with over 250,000 residents, San Francisco was ranked first by per capita income (at $160,749) and sixth by aggregate income as of 2021. Colloquial nicknames for San Francisco include ''SF'', ''San Fran'', ''The '', ''Frisco'', and '' ...
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KBCW (TV)
KBCW (channel 44) is a television station licensed to San Francisco, California, United States, serving the San Francisco Bay Area as an affiliate of The CW. It is owned by the CBS News and Stations group alongside CBS owned-and-operated station KPIX-TV (channel 5), also licensed to San Francisco. Both stations share studios at Broadway and Battery Street, just north of San Francisco's Financial District, while KBCW's transmitter is located atop Sutro Tower. As KBHK, channel 44 was one of the UHF stations built by Kaiser Broadcasting and one of just two commercial UHF stations in the Bay Area to survive a boom-and-bust cycle of new stations in the late 1960s and early 1970s. It was acquired by United Television in 1982 and was one of the launch owned-and-operated stations for the United Paramount Network in 1995. The station has been under its present ownership since 2001 and part of The CW since its 2006 launch. History As an independent station On November 14, 1962, Kaiser Br ...
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Philadelphia
Philadelphia, often called Philly, is the largest city in the Commonwealth of Pennsylvania, the sixth-largest city in the U.S., the second-largest city in both the Northeast megalopolis and Mid-Atlantic regions after New York City. Since 1854, the city has been coextensive with Philadelphia County, the most populous county in Pennsylvania and the urban core of the Delaware Valley, the nation's seventh-largest and one of world's largest metropolitan regions, with 6.245 million residents . The city's population at the 2020 census was 1,603,797, and over 56 million people live within of Philadelphia. Philadelphia was founded in 1682 by William Penn, an English Quaker. The city served as capital of the Pennsylvania Colony during the British colonial era and went on to play a historic and vital role as the central meeting place for the nation's founding fathers whose plans and actions in Philadelphia ultimately inspired the American Revolution and the nation's inde ...
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WKBS-TV (Philadelphia)
WKBS-TV, Ultra high frequency, UHF analog television, analog channel 48, was an Independent station (North America), independent television station licensed to Burlington, New Jersey, Burlington, New Jersey, United States, which served the Philadelphia, Pennsylvania media market, television market. The station broadcast from 1965 to 1983. History On July 8, 1964, the Federal Communications Commission granted a construction permit to Kaiser Broadcasting for a new television station to operate on channel 41 in Burlington; an overhaul of UHF allocations nationwide in May 1965 resulted in the substitution of channel 48. The station first signed on the air on September 1, 1965. It was the second independent station in the Philadelphia market, having signed on almost six months after WIBF-TV (channel 29, later WTAF-TV and now WTXF-TV) and two weeks before WPHL-TV (channel 17) relaunched. WKBS-TV's studios were located at 3201 South 26th Street in South Philadelphia, and its transmitte ...
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