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Larry Morton
Larry E. Morton was one of the founders of the defunct Equity Broadcasting Corporation, established in 1998 and liquidated in 2009. Prior to forming Equity Broadcasting Corporation, Morton was the president/manager of Las Vegas Media, LLC and Kaleidoscope Affiliates, LLC (1994–1998). Morton was CEO and president of Coconut Palm Acquisition Corp., a venture capital firm, as well as a major stockholder in Acxiom Corporation. His annual compensation from Equity was reported to have been US$390,000 plus options on two million shares of Equity Media Holdings. Morton is a graduate of the United States Air Force Academy with a Bachelor of Science degree in economics and is a certified public accountant and licensed real estate broker. He also graduated from the University of Arkansas at Little Rock with a Bachelor of Science degree in accounting and a master's degree in business administration. Equity Broadcasting Under his leadership, Equity Broadcasting operated 24 full-powe ...
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Equity Media Holdings
Equity Media Holdings Corporation was a broadcasting company based in Little Rock, Arkansas that owned and operated television stations across the United States. Prior to March 30, 2007, the company was known as Equity Broadcasting, a name later used for its broadcast station subsidiary. The company had a focus on Hispanic and Asian American communities in large markets while owning a combination of English-language network affiliates in medium and small markets. Equity was known for its use of broadcast automation to control dozens of small, local UHF television broadcasting stations from one central Little Rock location; the feeds were readily visible on free-to-air satellite television through much of North America, despite the very small terrestrial footprint of the individual stations over the air. Most commonly, Equity stations were low-power television affiliates of Univision, Fox, The WB/ UPN or carried music videos and classic television reruns. In late 2005, Equity ...
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Luken Communications
Get After It Media, formerly known as Luken Communications and Reach High Media Group, is a privately owned American broadcast holding company, based in Chattanooga, Tennessee, which owns or operates around 80 television stations in the United States and six digital television multicast networks. History Luken Communications was formed in 2008 by Henry Luken III, formerly president and CEO of Equity Media Holdings. Luken Communications agreed to purchase six TV stations from Equity Media for $17.5 million and paid a $5 million installment with the rest pending on regulatory approval. In June 2008, Equity sold to Luken Retro Television Network for $18.5 million and $8.05 million Equity warrants for $1.5 million. On January 4, 2009, a contract conflict between Equity and Luken Communications interrupted RTN programming on many of its affiliates with Luken alleging that Equity had left many obligations to RTN's creditors, including programming suppliers, unpaid. As a result, Luken ...
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American Businesspeople
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer ...
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Dark (broadcasting)
In the broadcasting industry, a dark television station or silent radio station is one that has gone off the air for an indefinite period of time. Usually unlike dead air (broadcasting only silence), a station that is dark or silent does not even transmit a carrier signal. U.S. law Transmitter operations According to the U.S. Federal Communications Commission (FCC), a radio or television station is considered to have gone dark or silent if it is to be off the air for thirty days or longer. Prior to the Telecommunications Act of 1996, a "dark" station was required to surrender its broadcast license to the FCC, leaving it vulnerable to another party applying for it while its current owner was making efforts to get it back on the air. Following the 1996 landmark legislation, a licensee is no longer required to surrender the license while dark. Instead, the licensee may apply for a "Notification of Suspension of Operations/Request for Silent STA" (FCC Form 0386), stating the ...
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Television Station
A television station is a set of equipment managed by a business, organisation or other entity, such as an amateur television (ATV) operator, that transmits video content and audio content via radio waves directly from a transmitter on the earth's surface to any number of tuned receivers simultaneously. Overview Most often the term "television station" refers to a station which broadcasts structured content to an audience or it refers to the organization that operates the station. A terrestrial television transmission can occur via analog television signals or, more recently, via digital television signals. Television stations are differentiated from cable television or other video providers in that their content is broadcast via terrestrial radio waves. A group of television stations with common ownership or affiliation are known as a TV network and an individual station within the network is referred to as O&O or affiliate, respectively. Because television station signal ...
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Bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, and the term ''bankruptcy'' is therefore not a synonym for insolvency. Etymology The word ''bankruptcy'' is derived from Italian language, Italian ''banca rotta'', literally meaning "broken bank". The term is often described as having originated in renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment so that the public could see that the banker, the owner of the bench, was no longer in a condition to continue his business, although some dismiss this as a false etymology. History In Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants ...
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Chapter 11
Chapter 11 of the United States Bankruptcy Code ( Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to ...
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Newscast
News broadcasting is the medium of broadcasting various news events and other information via television, radio, or the internet in the field of broadcast journalism. The content is usually either produced locally in a radio studio or television studio newsroom, or by a broadcast network. It may include material such as sports coverage, weather forecasts, traffic reports, political commentary, expert opinions, editorial content, and other material that the broadcaster feels is relevant to their audience. An individual news program is typically reported in a series of individual stories that are presented by one or more anchors. A frequent inclusion is live or recorded interviews by field reporters. Structure, content, and style Television Television news programs inform and discuss current events via the medium of television. A "news bulletin" or a "newscast" are television programs lasting from seconds to hours that provide updates on events. Programs can vary their ...
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, R ...
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Venture Capital
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to start-up company, startups, early-stage, and emerging companies that have been deemed to have high growth potential or which have demonstrated high growth (in terms of number of employees, annual revenue, scale of operations, etc). Venture capital firms or funds invest in these early-stage companies in exchange for Equity (finance), equity, or an ownership stake. Venture capitalists take on the risk of financing risky Startup company, start-ups in the hopes that some of the firms they support will become successful. Because Startup company, startups face high uncertainty, VC investments have high rates of failure. The start-ups are usually based on an innovation, innovative technology or business model and they are usually from high technology industries, such as information technology (IT), clean technology or biotechnology. The typical venture c ...
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Retro Television Network
Retro TV (stylized as retrotv), formerly known as Retro Television Network, is an American broadcast television network owned by Get After It Media. The network mainly airs classic television sitcoms and drama series from the 1950s through the 1980s, although it also includes more recent programs from the 1990s and 2000s. Through its ownership by Luken, Retro TV is a sister network to several broadcast network properties that are wholly or jointly owned by the company, including the family-oriented Family Channel and country music-oriented network Heartland. At its outset, Retro TV was designed to be broadcast on the digital subchannels of television stations; however in recent years, the network's affiliate body has been drawn down to primarily low-power stations, as many station groups have replaced the network on the subchannels of their full-power major network affiliates with similarly formatted networks such as Antenna TV and MeTV, which have assumed rights to many o ...
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Little Rock, Arkansas
( The "Little Rock") , government_type = Council-manager , leader_title = Mayor , leader_name = Frank Scott Jr. , leader_party = D , leader_title2 = Council , leader_name2 = Little Rock Board of Directors , unit_pref = Imperial , area_total_sq_mi = 123.00 , area_total_km2 = 318.58 , area_land_sq_mi = 120.05 , area_land_km2 = 310.92 , area_metro_sq_mi = 4090.34 , area_metro_km2 = 10593.94 , population_as_of = 2020 , population_est = , pop_est_as_of = , population_demonym = Little Rocker , population_footnotes = , population_total = 202591 , population_rank = US: 118th , population_urban = 431,388 (US: 89th) , population_metro = 748,031 (US: 81st) , timezone = CST , utc_offset = −06:00 , timezone_DST ...
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