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Turner Broadcasting Tower
The Turner Broadcasting tower was a free-standing lattice tower in Atlanta, Georgia. It was located next to the Downtown Connector between Spring, West Peachtree, 10th and 12th Streets in Midtown. The tower had a triangular cross-section and was built on the site of a previous four-sided broadcast tower built for WAGA-TV 5 and to serve WJRJ-TV which was founded by Rice Broadcasting Inc. which was owned by a local Atlanta entrepreneur, Jack M. Rice, Jr. It is the tallest freestanding structure to ever be voluntarily removed in the United States and third tallest in the world. History At the time of its completion it was one of the ten tallest freestanding structure in the world behind only the Ostankino Tower, Empire State Building, Tokyo Tower, WITI TV Tower, Eiffel Tower, WHDH-TV tower, Chrysler Building and the KCTV Broadcast Tower. The construction of tower was financed by GE, which also provided the original channel 17 transmitter. The tower was completed in 1967 and t ...
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Atlanta, Georgia
Atlanta ( ) is the capital and most populous city of the U.S. state of Georgia. It is the seat of Fulton County, the most populous county in Georgia, but its territory falls in both Fulton and DeKalb counties. With a population of 498,715 living within the city limits, it is the eighth most populous city in the Southeast and 38th most populous city in the United States according to the 2020 U.S. census. It is the core of the much larger Atlanta metropolitan area, which is home to more than 6.1 million people, making it the eighth-largest metropolitan area in the United States. Situated among the foothills of the Appalachian Mountains at an elevation of just over above sea level, it features unique topography that includes rolling hills, lush greenery, and the most dense urban tree coverage of any major city in the United States. Atlanta was originally founded as the terminus of a major state-sponsored railroad, but it soon became the convergence point among several rai ...
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Chrysler Building
The Chrysler Building is an Art Deco skyscraper on the East Side of Manhattan in New York City, at the intersection of 42nd Street and Lexington Avenue in Midtown Manhattan. At , it is the tallest brick building in the world with a steel framework, and it was the world's tallest building for 11 months after its completion in 1930. , the Chrysler is the 11th-tallest building in the city, tied with The New York Times Building. Originally a project of real estate developer and former New York State Senator William H. Reynolds, the building was constructed by Walter Chrysler, the head of the Chrysler Corporation. The construction of the Chrysler Building, an early skyscraper, was characterized by a competition with 40 Wall Street and the Empire State Building to become the world's tallest building. Although the Chrysler Building was built and designed specifically for the car manufacturer, the corporation did not pay for its construction and never owned it; Walter Chrysler ...
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Terrestrial Television
Terrestrial television or over-the-air television (OTA) is a type of television broadcasting in which the signal transmission occurs via radio waves from the terrestrial (Earth-based) transmitter of a TV station to a TV receiver having an antenna. The term ''terrestrial'' is more common in Europe and Latin America, while in Canada and the United States it is called ''over-the-air'' or simply ''broadcast''. This type of TV broadcast is distinguished from newer technologies, such as satellite television (direct broadcast satellite or DBS television), in which the signal is transmitted to the receiver from an overhead satellite; cable television, in which the signal is carried to the receiver through a cable; and Internet Protocol television, in which the signal is received over an Internet stream or on a network utilizing the Internet Protocol. Terrestrial television stations broadcast on television channels with frequencies between about 52 and 600 MHz in the VHF and U ...
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TBS (TV Network)
TBS (an abbreviation for Turner Broadcasting System) is an American pay television network owned by the Warner Bros. Discovery U.S. Networks division of Warner Bros. Discovery. It carries a variety of programming, with a focus on comedy, along with some sports events, including Major League Baseball, Stanley Cup playoffs, NCAA men's basketball tournament and professional wrestling show AEW Dynamite. As of September 2018, TBS was received by approximately 90.391 million households that subscribe to a pay television service throughout the United States. TBS was originally established on December 17, 1976, as the national feed of Turner's Atlanta, Georgia, independent television station, WTCG. The decision to begin offering WTCG via satellite transmission to cable and satellite subscribers throughout the United States expanded the small station into the first nationally distributed "superstation." With the assignment of WTBS as the broadcast station's call letters in 1979, the ...
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Superstation
''Superstation'' (alternatively rendered as "super station" or informally as "SuperStation") is a term in North American broadcasting that has several meanings. Commonly, a "superstation" is a form of distant signal, a terrestrial television, broadcast television signal—usually a commercial broadcasting, commercially licensed station—that is retransmitted via communications satellite or Microwave transmission, microwave relay to multichannel television providers (including cable television, cable, direct-broadcast satellite television, direct broadcast satellite and internet Protocol television, IPTV services) over a broad area beyond its primary broadcast range, terrestrial signal range. Outside of their originating media market, superstations are often treated akin to a conventional basic cable channel. Although six American television stations—none of which has widespread national distribution beyond home satellite or regional cable coverage—still are designated under ...
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Ted Turner
Robert Edward "Ted" Turner III (born November 19, 1938) is an American entrepreneur, television producer, media proprietor, and philanthropist. He founded the Cable News Network (CNN), the first 24-hour United States cable news, cable news channel. In addition, he founded WPCH-TV, WTBS, which pioneered the superstation concept in cable television, which later became TBS (U.S. TV channel), TBS. As a philanthropist, he gave $1 billion to create the United Nations Foundation, a public charity to broaden U.S. support for the UN. Turner serves as Chair (official), Chairman of the United Nations Foundation board of directors. Additionally, in 2001, Turner co-founded the Nuclear Threat Initiative with US Senator Sam Nunn (D-GA). NTI is a non-partisan organization dedicated to reducing global reliance on, and preventing the proliferation of nuclear, chemical, and biological weapons. He currently serves as Co-Chairman of the Board of Directors. Turner's media empire began with his fat ...
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Takeover
In business, a takeover is the purchase of one company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company. Management of the target company may or may not agree with a proposed takeover, and this has resulted in the following takeover classifications: friendly, hostile, reverse or back-flip. Financing a takeover often involves loans or bond issues which may include junk bonds as well as a simple cash offers. It can also include shares in the new company. Types Friendly A ''friendly takeover'' is an acquisition which is approved by the management of the target company. Before a bidder makes an offer for another company, it usually first informs the company's board of directors. In an ideal world, if the board feels that accepting the offer serves the shareholders better than rejecting it, it recommend ...
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Storer Cable
Storer Broadcasting, Inc. was an American company which owned several television and radio stations in the Northeastern United States. It was incorporated in Ohio 1927, and was broken up in 1986. History 1920s–1940s In 1927, George B. Storer and brother-in-law J. Harold Ryan founded Fort Industry Oil Company to build service stations for Speedene brand gasoline in the Toledo, Ohio area. Speedene sales were booming, thanks to a cost-cutting device implemented by the partners. They bypassed the cost of trucking gasoline to service stations by building the stations beside railroad sidings and sold their product at two or three cents a gallon under the going retail rate by filling their tanks directly from railroad tank cars. Storer decided to buy some radio spots on Toledo's radio station, WTAL, to advertise his gas stations. The spots were effective, and in 1928 Storer decided to use his wealth to buy a stake in the radio station as well."G. B. Storer Started Radio in 1928", '' ...
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Storer Broadcasting
Storer Broadcasting, Inc. was an American company which owned several television and radio stations in the Northeastern United States. It was incorporated in Ohio 1927, and was broken up in 1986. History 1920s–1940s In 1927, George B. Storer and brother-in-law J. Harold Ryan founded Fort Industry Oil Company to build service stations for Speedene brand gasoline in the Toledo, Ohio area. Speedene sales were booming, thanks to a cost-cutting device implemented by the partners. They bypassed the cost of trucking gasoline to service stations by building the stations beside railroad sidings and sold their product at two or three cents a gallon under the going retail rate by filling their tanks directly from railroad tank cars. Storer decided to buy some radio spots on Toledo's radio station, WTAL, to advertise his gas stations. The spots were effective, and in 1928 Storer decided to use his wealth to buy a stake in the radio station as well."G. B. Storer Started Radio in 1928", '' ...
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Cable TV
Cable television is a system of delivering television programming to consumers via radio frequency (RF) signals transmitted through coaxial cables, or in more recent systems, light pulses through fibre-optic cables. This contrasts with broadcast television (also known as terrestrial television), in which the television signal is transmitted over-the-air by radio waves and received by a television antenna attached to the television; or satellite television, in which the television signal is transmitted over-the-air by radio waves from a communications satellite orbiting the Earth, and received by a satellite dish antenna on the roof. FM radio programming, high-speed Internet, telephone services, and similar non-television services may also be provided through these cables. Analog television was standard in the 20th century, but since the 2000s, cable systems have been upgraded to digital cable operation. A "cable channel" (sometimes known as a "cable network") is a televisi ...
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Comcast
Comcast Corporation (formerly known as American Cable Systems and Comcast Holdings),Before the AT&T merger in 2001, the parent company was Comcast Holdings Corporation. Comcast Holdings Corporation now refers to a subsidiary of Comcast Corporation, not the parent company (seeBloomberg profile on Comcast Holdings Corporation. Technically, the current parent company was founded December 7, 2001 as CAB Holdings Corporation, which changed its name to AT&T Comcast Corporation before finally taking on the Comcast Corporation name (seeNov 2002 8K/A Form anNov 2002 S-4) headquartered in Philadelphia, is the largest American multinational telecommunications conglomerate. It is the second-largest broadcasting and cable television company in the world by revenue (behind AT&T), the largest pay-TV company, the largest cable TV company and largest home Internet service provider in the United States, and the nation's third-largest home telephone service provider. It provides services to U.S. ...
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Land Lease
A lease is a contractual arrangement calling for the user (referred to as the ''lessee'') to pay the owner (referred to as the ''lessor'') for the use of an asset. Property, buildings and vehicles are common assets that are leased. Industrial or business equipment are also leased. Basically a lease agreement is a contract between two parties: the lessor and the lessee. The lessor is the legal owner of the asset, while the lessee obtains the right to use the asset in return for regular rental payments. The lessee also agrees to abide by various conditions regarding their use of the property or equipment. For example, a person leasing a car may agree to the condition that the car will only be used for personal use. The term rental agreement can refer to two kinds of leases: * A lease in which the asset is tangible property. Here, the user '' rents'' the asset (e.g. land or goods) ''let out'' or ''rented out'' by the owner (the verb ''to lease'' is less precise because it can r ...
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