BHC Communications

BHC Communications
public corporation
Industry Television broadcasting
Fate sold to News Corporation
Successor Fox Television Stations[1]
Founded 1977
Defunct July 31, 2001
Key people
Herbert J. Siegel, chair/CEO
William Siegel, president (1996–2001)
Services TV network
Revenue $443.5 million (1997)
Parent Chris-Craft Industries
Divisions United Sales Enterprises
PTEN
UPN(1995–2000)
Subsidiaries

Pinelands, Inc.
United Television, Inc.
Chris-Craft Television, Inc.

BHC Communications, Inc. was the holding company for the broadcast property of Chris-Craft Industries. BHC is said to stand for "broadcasting holding company".[2]

History

The firm was originally incorporated in 1977 as BHC, Incorporated by Chris-Craft Industries to hold its two existing incorporated independent television stations, KCOP Television (KCOP in Los Angeles) and Oregon Television (KPTV in Portland, Oregon), within BHC's Chris-Craft Television subsidiary. That same year, Chris-Craft purchased a share of 20th Century Fox. In 1981, the 20th Century Fox share, then at 20 percent, was traded for 19% of United Television.[2] United owned three other television stations: independent KMSP-TV in Minneapolis, ABC affiliate KTVX in Salt Lake City, and NBC-affiliated KMOL-TV (now WOAI-TV) in San Antonio.

Warner Communications, Inc. purchased a 42.5 percent share in BHC for $200 million in convertible preferred stock. With the Time, Inc./Warner Communications, Inc. merger into Time-Warner, Inc., BHC got a return of some stock held by Warner, cash, and Time Warner convertible preferred stock in Time Warner, a total of valued at $2.3 billion over a six-year period. With this settlement, BHC was reincorporated as BHC Communications, Inc. with stock restructured with two classes of stock giving Chris-Craft most of the voting power. Some BHC's shares were distributed to other Warner stockholders made it a publicly traded corporation. Some the payment were used to buy back BHC class A shares. WWOR-TV, an independent station (and national superstation) in the New York City area, was purchased in 1992 for $313 million. In 1995, United Sales Enterprises was formed to hand national spot advertising time for all BHC/United stations.[2]

In the early 1990s, BHC Television formed an alternative programming consortium, Prime Time Entertainment Network, with other station groups and Time Warner-owned Warner Bros. Domestic Television that was planned to expand into the fifth television network.[3]

In January 1995, BHC affiliated all of its stations, except the Salt Lake City and San Antonio outlets, with the newly launched United Paramount Network, which it fully owned and financed but ran with Paramount/Viacom, the network's producer. In December 1996, Paramount exercised its option to buy half of the Network by paying half of the losses ($160 million). Included in the deal was to continue selling UPN "Star Trek: Voyager" instead of placing it in syndication.[2]

KMOL-TV in San Antonio later aired UPN programming as a secondary affiliation from 1998 to 2000.

In 2000, a lawsuit was filed by BHC against the Viacom CBS merger as BHC saw this as a breach of the UPN partnership. BHC lost the suit and sold its remain ownership in UPN to Viacom for $5 million. Shortly thereafter, Chris-Craft announced that it was getting out of broadcasting after losing $500 million on UPN, the possibility of UPN shutting down or having their affiliation pulled. Many industry observers thought Viacom would end up getting the stations, but Viacom's bid lost out to News Corporation's Fox Television Stations, resulting in a sale which closed on July 31, 2001.[4][1]

Former BHC/United television stations

Market Station Years Owned Subsidiary Affiliation when Owned
Portland, Oregon KPTV 12 1 1959-1977-2001 Chris-Craft Television:
Oregon Television
Independent (1977–1986)
Fox (1986–1988)
Independent (1988–1993)
PTEN (1993–1995)
UPN(1995–2001)
Los Angeles KCOP 13 1 1960-1977-2001 Chris-Craft Television:
KCOP Television
independent (1977–1993)
PTEN (1993–1995)
UPN(1995–2001)
Minneapolis, Minnesota KMSP-TV 9 3 1981–2001 United Television independent (1981–1986)
Fox (1986–1988)
independent (1988–1993)
PTEN (1993–1995)
UPN (1995–2001)
Salt Lake City KTVX 4 3, 4 1981–2001 United Television ABC
San Antonio KMOL-TV 4 3, 5 1981–2001 United Television: UTV of San Antonio NBC
UPN (secondary, 1998–2000)
San Francisco KBHK-TV 44 1982–2001 United Television: UTV of San Francisco independent (1982–1993)
PTEN (1993–1995)
UPN (1995–2001)
Phoenix KUTP 45 2 1985–2001 United Television Independent (1986–1993)
PTEN (1993–1995)
UPN (1995–2001)
New York City WWOR-TV 9 1993–2001 Pinelands PTEN (1993–1995)
UPN (1995–2001)
Orlando WRBW 65 1998–2001 United Television UPN
Baltimore WUTB 24 1998–2001 United Television: UTV of Baltimore UPN

[2]

Footnotes:

United Television

United Television
private (1956)
Subsidiary
Industry Television Broadcasting Stations (4833)
Fate sold
Defunct 2001
Key people
John Siegel, chair (1996–2001)
Revenue $443.5 million (1997)
Parent Fox (?-1983)
BHC Communications (1983–2001)
Divisions KMSP-TV
KTVX-TV
KMOL-TV
KUTP
Subsidiaries UTV of Baltimore
UTV of San Antonio
UTV of San Francisco
United Television Sales

United Television was a corporation operating multiple television stations founded in 1956 to run station KMSP-TV in Minneapolis. In 1975, United purchased KTVX-TV, a Salt Lake City ABC affiliate, and KMOL-TV, a San Antonio NBC affiliate. Fox purchased an interest in the company making it a subsidiary. In 1981, BHC purchased a 19% interest in United from Marvin Davis and Marc Rich. BHC up its stake in United to 50.1 percent of common stock in 1983. An UHF station was acquired that same year in San Francisco. In the final quarter of 1985, United started a new UHF station in Phoenix, KUTP. Loaning its name to a network joint venture of its parent corporation BHC with Paramount Pictures, most of United stations switch programming to United Paramount Network. In January 1998 United Television acquired a third UHF station in Baltimore for $80 million, changed its call letters to WUTB, and made the station a UPN affiliate. United, in October 1997, agreed to purchase WRBW, a UHF station and UPN affiliate in Orlando, Florida, for $60 million and possible further considerations.[2] In April 1998, United took a minority stake in Bohbot Entertainment & Media.[5]

References

  1. 1 2 "Fox Entertainment Group Inc. 2001 Annual Report". EDGAR. Fox Entertainment Group. September 28, 2001. p. 6. Retrieved 2013-05-31.
  2. 1 2 3 4 5 6 7 "BHC Communications, Inc. Companies History". Company Histories. Funding Universe. 1997. Retrieved 2009-07-20.
  3. Susan, King (January 23, 1994). "Space, 2258, in the Year 1994". Los Angeles Times. p. 4. Retrieved June 25, 2009.
  4. Hofmeister, Sallie (August 12, 2000). "News Corp. to Buy Chris-Craft Parent for $5.5 Billion, Outbidding Viacom". The Los Angeles Times. Retrieved March 23, 2011.
  5. Freeman, Michael (April 13, 1998). "Bohbot financial report discloses Chris-Craft stake". Mediaweek. Retrieved March 13, 2014.
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