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BET Networks
Black Entertainment Television LLC (Trade name, doing business as the BET Media Group, and formerly known as BET Networks) is an American television company currently owned by American media conglomerate Paramount Global under its CBS Entertainment unit. Founded by Robert L. Johnson in 1983, the holding was bought by Viacom (1952–2005), the first incarnation of Viacom in 2001. BET owns networks aimed at African Americans, including BET and its related sister channels. It also operates BET+, with Robert L. Johnson also founding AMC Networks-owned Allblk, ALLBLK. BET broadcasts the BET Awards to celebrate Black entertainers and other minorities. In 2024, Skydance Media reached Proposed merger of Skydance Media and Paramount Global, an agreement with Paramount to acquire and merge with the company. History Background In 1980, Robert L. Johnson, who left his position as a cable lobbyist; established his own cable network called BET, Black Entertainment Television. It was original ...
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Robert L
The name Robert is an ancient Germanic given name, from Proto-Germanic "fame" and "bright" (''Hrōþiberhtaz''). Compare Old Dutch ''Robrecht'' and Old High German ''Hrodebert'' (a compound of '' Hruod'' () "fame, glory, honour, praise, renown, godlike" and ''berht'' "bright, light, shining"). It is the second most frequently used given name of ancient Germanic origin.Reaney & Wilson, 1997. ''Dictionary of English Surnames''. Oxford University Press. It is also in use as a surname. Another commonly used form of the name is Rupert. After becoming widely used in Continental Europe, the name entered England in its Old French form ''Robert'', where an Old English cognate form (''Hrēodbēorht'', ''Hrodberht'', ''Hrēodbēorð'', ''Hrœdbœrð'', ''Hrœdberð'', ''Hrōðberχtŕ'') had existed before the Norman Conquest. The feminine version is Roberta. The Italian, Portuguese, and Spanish form is Roberto. Robert is also a common name in many Germanic languages, including En ...
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Starz (TV Channel)
Starz (stylized in all caps as STARZ; pronounced "stars") is an American pay television network owned by Starz Entertainment, and is the flagship property of Starz Inc. Launched in 1994 as a multiplex service of what is now Starz Encore, its programming consists of theatrically released motion pictures and first-run original television series. Starz operates six 24-hour, linear multiplex channels; a traditional subscription video on demand service; and a namesake over-the-top streaming platform that both acts as a TV Everywhere offering for Starz's linear television subscribers and is sold directly to streaming-only consumers. Starz is also sold independently of traditional and over-the-top multichannel video programming distributors a la carte through Apple TV Channels and Amazon Video Channels, which feature VOD library content and live feeds of Starz's linear television services (consisting of the primary channel's East and West Coast feeds and, for Amazon Video c ...
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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.' Most joint ventures are incorporated, although some, as in the oil and gas industry, are "unincorporated" joint ventures that mimic a corporate entity. With individuals, when two or more persons come together to form a temporary partnership for the purpose of carrying out a particular project, such partnership can also be called a joint venture where the parties are "''co-venturers''". A joint venture can take the form of a business. It can also take the form of a project or asset JV, created for the purpose of pursuing one specific project, ...
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Digital Cable
Digital cable is the distribution of cable television using digital data and video compression. The technology was first developed by General Instrument. By 2000, most cable companies offered digital features, eventually replacing their previous analog-based cable by the mid 2010s. During the late 2000s, broadcast television converted to the digital HDTV standard, which was incompatible with existing analog cable systems. In addition to providing high-definition video, digital cable systems provide more services such as pay-per-view programming, cable internet access and cable telephone services. Most digital cable signals are encrypted, which reduced the incidence of cable television piracy which occurred in analog systems. History In 1990, General Instrument (acquired by Motorola and now owned by ARRIS Group) demonstrated that it was possible to use digital compression to deliver high quality HDTV in a standard 6 MHz television channel. Using the same technology G ...
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New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock exchange in the world by market capitalization, exceeding $25 trillion in July 2024. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists (ticker symbol ICE). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. According to a Gallup, Inc., Gallup poll conducted in 2022, approximately 58% of American adults reported having money invested in the stock market, either through individual stocks, mutual funds, or 401(k), retirement accounts. __FORCETOC__ History The earliest recorded organization of Security (finance), securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement. Previously, secu ...
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USA Network
USA Network (or simply USA) is an American basic cable television channel owned by the NBCUniversal Media Group division of Comcast's NBCUniversal. It was launched in 1977 as Madison Square Garden Sports Network, one of the first national sports cable television channels. It was relaunched under its current name on April 9, 1980, and in the years since then, USA steadily gained popularity through its original programming, a long-established partnership with WWF/ WWE and, for many years, limited sports programming. USA increased its sports coverage significantly in 2022, after the shutdown of NBCSN, and now serves as the main cable component of NBC Sports. , USA Network is available to approximately 70 million pay television households in the United States, down from its 2011 peak of 100 million households. History Madison Square Garden Sports Network (1977–1980) USA Network was launched on September 22, 1977, as the Madison Square Garden Sports Network (not to be confused ...
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Block Programming
Block programming (also known as a strand in British broadcasting) is the arrangement of programs on radio or television so that those of a particular genre, theme, or target audience are united. Overview Block programming involves scheduling a series of related shows which are likely to attract and hold a given audience for a long period of time. Notable examples of overt block programming were NBC's Thursday evening "Must See TV" lineup, which included two hours of sitcoms and one hour of '' ER'', All TV's " Jeepney TV sa All TV" lineup, which consisting the replay of selected Filipino drama series produced by ABS-CBN Studios, a simulcast of ABS-CBN's daily morning talk show '' Magandang Buhay'', and a simulcast of ABS-CBN News' afternoon newscast '' TV Patrol Express'', and Channel 4's " T4" program which often ran sitcoms back-to-back for an hour or more. Reruns on cable television are often assembled into similar blocks to fill several hours of generally little-watched ...
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Proposed Merger Of Skydance Media And Paramount Global
On July 7, 2024, American media companies Skydance Media and Paramount Global announced a definitive agreement to merge in a deal valued at $8 billion, forming a new entity known as "Paramount Skydance Corporation". The agreement values the newly formed entity at approximately $28 billion. The transaction is currently expected to close in 2025. In 2023, after grappling with debt and striving to remain competitive in the entertainment industry, Paramount's parent company, National Amusements, explored potential merger and acquisition opportunities for Paramount Global. Numerous prominent companies, such as Sony Pictures, Warner Bros. Discovery, Apollo Global Management, Edgar Bronfman Jr., Allen Media Group, and Skydance Media, had indicated their interest in exploring potential business partnerships or purchasing the company. After first coming to a merger deal with Skydance, Paramount and Skydance canceled the proposed merger on June 11 due to unsatisfactory conversations. ...
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Skydance Media
Skydance Media, LLC, also known as Skydance Productions, is an American entertainment company, media production company, production and finance company based in Santa Monica, California. Founded by David Ellison in 2006, the company specializes in films, animation, television, video games, and sports. In 2009, the company entered a five-year partnership to co-produce and co-finance films with Paramount Pictures. This agreement was renewed twice, extending to 2021. On July 7, 2024, Skydance announced its intent to Proposed merger of Skydance Media and Paramount Global, merge with Paramount Global in an $8 billion transaction, under an agreement in which Skydance would acquire Paramount's publicly-held controlling shareholder National Amusements, and then perform an all-stock merger with the company. History Formation Skydance Productions was formed in 2006 by David Ellison, son of Larry Ellison, co-founder and then-CEO of the Oracle Corporation. The firm's first film was ''Flybo ...
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BET Awards
The BET Awards are an American award show that was established in 2001 by the BET, Black Entertainment Television network to celebrate Black person, Black entertainers and other minorities in music, film, sports and philanthropy. The awards, which are presented annually, are broadcast live on BET. The annual presentation ceremony features performances by artists; some of the awards of more popular interest are presented in a televised ceremony. Trophy The Award Trophy, inspired by three words - aspire, ascend, achieve, was designed by artist/sculptor Mare139, Carlos "Mare139" Rodriguez. Outkast won the first award trophy during the first ceremony in 2001. In 2007, Society Awards, the New York firm who manufactures the award, enhanced the quality of the trophy design using plated steel and black crystal. List of ceremonies The inaugural ceremony in 2001 was held at the Paris Las Vegas resort on the Las Vegas Strip. From 2002 to 2005, the Dolby Theatre, Kodak Theatre in Hollywood, L ...
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Allblk
ALLBLK (typeset as ALLBLK in press materials but stylized allblk in its logotype; pronounced as "all-black"; ALLWAYSBLK in Canada and the Caribbean), formerly Urban Movie Channel (UMC) is an over-the-top SVOD service operated by the AMC Networks. It was formed by Robert L. Johnson (the founder of Black Entertainment Television, whose parent company operates BET+) in November 2014. The service features original movies and television series aimed at African American audiences, including live stand-up Stand-up comedy is a performance directed to a live audience, where the performer stands on a stage (theatre), stage and delivers humour, humorous and satire, satirical monologues sometimes incorporating physical comedy, physical acts. These ... performances, documentaries and reality series, and stage plays. On January 6, 2021, Urban Movie Channel relaunched, as ALLBLK. The Canadian and Caribbean versions of the service remained under the UMC name until May 2022, when they ...
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