owl image title for Metromedia profile
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overview

landmarks












related:

Murdoch

Viacom


section heading icon     landmarks

This chronology is indicative only. It covers -

Context is provided by the broader communications and media timeline on this site.

subsection heading icon     antecedents

1901 Foster & Kleiser billboard business founded

1922 John Kluge migrates to US from Germany

1928 Allan DuMont works for Lee De Forest on radio valve manufacturing and research

subsection heading icon     DuMont

1930 De Forest sells operation to RCA's Sarnoff

1931 DuMont founds DuMont Laboratories electronics company

1937 Kluge serves as vice-president Otten Brothers

1938 Dumont launches all-electronic television set

1938 sells 50% of DuMont Labs to Paramount Pictures for US$200k

1940 licensed to operate experimental tv station in New York

1940 Federal Communications Commission (FCC) Report on Chain Broadcasting

1941 Kluge serves in US Army Intelligence

1944 DuMont's NY commercial licence converted to commercial licence

1945 licensed to operate experimental tv station in Washington DC

1945 DuMont forms DuMont Network with NY-DC coaxial link

1946 DuMont Washington station gets commercial license, television network licensed by FCC

1946 Kluge buys Maryland radio station WGAY for US$15,000

1947 becomes president of New England Fritos

1949 US Department of Justice orders major Hollywood studios to spin off their cinema operations

1949 DuMont inaugurates Pittsburgh station

1949 Paramount Pictures establishes United Paramount Theatres (UPT) as vehicle for its cinemas

1951 UPT buys ABC network from Edward Noble

1953 FCC approves UPT-Noble deal

1953 FCC rules that Paramount controls DuMont

subsection heading icon     Kluge and Metromedia

1951 John Kluge buys Baltimore food brokerage business

1952 Foster & Kleiser acquired by WR Grace conglomerate

1952 gains control of Mid-Florida Radio Corporation

1953 gains control of St Louis Broadcasting Corporation

1954 gains control of Pittsburgh Broadcasting Company

1954 gains control of Capitol Broadcasting Company, Nashville

1954 DuMont Pittsburgh station sold to Westinghouse Broadcasting for US$9.75m

1955 DuMont Television Network separated from DuMont Labs as DuMont Broadcasting Company, later becomes Metropolitan Broadcasting Company

1956 Kluge founds Kluge, Finkelstein and Company wholesale food operation

1956 Kluge increases stake in Metropolitan, gains control when DuMont sells holdings for US$7m

1957 gains control of Associated Broadcasters Dallas Ft Worth

1957 chair of Seaboard Service Systems

1957 becomes partner in Western New York Broadcasting Company, Buffalo

1958 Metropolitan buys WHK Cleveland from Cleveland Plain Dealer

1958 DuMont's television and hifi manufacturing arm sold to Emerson Radio

1959 buys Foster & Kleiser (F&K), US largest billboard operator

1960 remaining DuMont interests absorbed by Fairchild Camera & Instrument

1961 Metropolitan Broadcasting becomes Metromedia

1962 Foster & Kleiser Phoenix and Fresno operations sold to Karl Eller, who forms Eller Outdoor Advertising

1966 Gulf+Western conglomerate buys Paramount

1971 Viacom formed when FCC rules force CBS to spin off some of its cable TV and program-syndication operations

1982 Metromedia sells F&K billboards but retains plant and management operations

1983 buys WFLD-TV from Field Communications

1983 Long Distance Discount Service (LDDS) founded

1984 Kluge buys Florida-based Network 1

1984 Kluge buys outstanding Metromedia shares (72%) through US$1.3bn LBO

subsection heading icon     Murdoch and beyond

1986 Kluge sells Metromedia television stations to Rupert Murdoch as basis for Fox Network

1986 sells Metromedia billboard operations to Patrick media, affiliate of NBC parent GE

1988 increases stake in Orion Pictures to 69%

1989 LDDS merges with Advantage Company

1989 Kluge merges Metromedia Long Distance with long-distance divisions of International Telephone & Telegraph (ITT) as Metromedia-ITT

1990 Metromedia sells New York City mobile phone operations for US$1.05bn

1991 GE Capital absorbs Patrick Media

1992 LDDS merges with Advanced Telecommunications

1992 Kluge sells remaining mobile phone operations for US$3.4bn

1993 LDDS buys Resurgens Communications Group and Metromedia-ITT for US$1.25bn to create fourth-largest US long distance phone network, with Kluge as chair

1994 LDDS buys domestic and international network IDB Communications Group

1994 Viacom and Paramount announce US$8.4bn merger after Viacom wins bidding war with USA Networks/QVC

1995 Kluge merges Actava Group, Orion Pictures, MCEG Sterling and Metromedia International Telecommunications as Metromedia International Group (MIG)

subsection heading icon     WorldCom

1995 LDDS buys Williams Telecommunications Group for US$2.5bn, changes name to WorldCom

1995 Westinghouse Electric buys CBS

1996 WorldCom merges with MFS Communications (MFS), Kluge sells stake for US$1.2bn

1996 WorldCom merges with UUNet Technologies

1996 CBS buys Infinity radio broadcasting and outdoor advertising group for US$4.7bn

1997 sells Orion Pictures, Goldwyn Entertainment and Motion Picture Corp of America to MGM for US$573m

1998 WorldCom buys MCI Communications for US$40bn

1998 WorldCom buys Brooks Fiber Properties for US$1.2bn and CompuServe for US$1.3bn

1998 CBS sells 17% of Infinity Broadcasting for US$2.9 billion

1999 CBS buys King World Productions, leading television program syndicator, for US$2.5bn

1999 Viacom buys CBS for US$50bn

2001 MIG sells MetroStars soccer team to Philip Anschutz

2002 sells Russian broadcasting interests



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