| overview
landmarks
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landmarks
This chronology is indicative only.
Context
is provided by the broader communications and media timeline
on this site.
precursors
1864 establishment of Field, Palmer & Leiter
1867 becomes Field, Leiter & Co
1875 Melville Stone founds Chicago Daily News
1881 Field, Leiter becomes Marshall Field & Co
1917 first edition of World Book Encyclopedia
1919 W F Quarrie & Co acquires World Book
1921 Marshall Field III co-founds Marshall Field, Glore,
Ward & Co (later Field, Glore & Co)
1922 Chicago Daily News co-founds WGU-AM (later
WMAQ-AM)
1927 Daily News acquires WQJ-AM
1930 IPO of Marshall Field & Co
1931 NBC buys WMAQ from Daily
News
1931 Frank Knox becomes publisher of Daily News
1936 becomes Republican candidate for Vice President
1936 W F Quarrie becomes Quarrie Corporation
1939 Kaiser establishes Kaiser Shipbuilding Company
Field
1941 Chicago Sun founded by Marshall Field III
1941 Marshall Field III backs PM
1941 launches Parade
1945 Field Enterprises acquires Quarrie Corporation (inc
World Book Encyclopedia and Childcraft
series)
1945 Kaiser forms Kaiser-Frazer Corporation (later Kaiser
Motors)
1946 Field buys radio station KOIN in Portland
1946 Kaiser establishes Kaiser Aluminium
1948 Marshall Field sells PM to Bartley Crum
1948 merger of Chicago Sun and Chicago Daily
Times as Sun-Times
1953 Kaiser buys Willys-Overland
1955 establishes Kaiser Industries
1958 Parade sold to Whitney
1958 Field spins off World Book and Childcraft into Field
Enterprises Educational Corporation
1959 Knight sells Chicago Daily
News to Field Enterprises
1966 Field Enterprises establishes WFLD-TV
Kaiser
1966 Kaiser and Boston Globe relaunch channel
56 (Cambridge,) as WKBG-TV
1967 Field Enterprises buys Hall Syndicate newspaper syndicate
company
1968 establishes joint-venture newsprint mill in Alsip,
lllinois with Scudder
1968 Kaiser launches KBHK-TV (San Francisco)
1968 Kaiser launches WKBF-TV (Cleveland)
1969 sells auto operations (Kaiser-Jeep) to American Motors
1971 Kaiser acquires KMTW-TV (Corona, California)
1972 Field sells 77.5% of WFLD to Kaiser Broadcasting,
gains 22.5% of Kaiser
1975 Kaiser closes WKBF, returns license to FCC
1975 Kaiser buys minority interest in WUAB from United
Artists Broadcasting
1977 Kaiser sells KBSC to Oak Broadcasting Inc
1977 United Artists sells majority interest in WUAB to
Gaylord Broadcasting
aftermath
1977 Kaiser sells its majority interest in stations to
Field
1978 Daily News closes
1978 Field Enterprises Educational Corp reference book
operations bought by Scott Fetzer Co for US$50m, becoming
World Book-Childcraft International (World Book, Inc.
from 1983)
1982 BATUS Industries Inc buys Marshall Field & Co
for US$360m
1983 Murdoch acquires Sun-Times
group for US$90m
1983 Field closes WKBS-TV and surrenders licence to FCC
in return for payment by Providence
Journal Co (operator of rival WPHL-TV)
1983 sells WFLD-TV to Metromedia
for US$140m
1983 sells KBHK-TV (later KBCW) to Chris-Craft
1983 sells WLVI-TV to Gannett
1984 sells WKBD-TV to Cox
1984 Field Enterprises dissolved
1986 Berkshire-Hathaway buys Scott Fetzer for US$320m
1988 NBC sells WMAQ to Group W (Westinghouse)
1990 BATUS sells Marshall Field to Dayton Hudson for US$1.04bn
1991 K-III (later Primedia)
buys Funk & Wagnalls encyclopedia from Field Publications
2004 Target sells Marshall Field to May Department Stores
for US$3.2bn
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