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In the 1980s, after purchasing an 80% interest in cable sports channel ESPN, the network's corporate parent, American Broadcasting Companies, Inc., merged with Capital Cities Communications, owner of several print publications, and television and radio stations.
In 1996, most of Capital Cities/ABC's assets were purchased by The Walt Disney Company.
In the mid-1950s, ABC merged with United Paramount Theatres, a chain of movie theaters that formerly operated as a subsidiary of Paramount Pictures.
Leonard Goldenson, who had been the head of UPT, made the new television network profitable by helping develop and greenlight many successful series.
There are additional major offices and production facilities elsewhere in New York City, as well as in Los Angeles and Burbank, California.
Since 2007, when ABC Radio (also known as Cumulus Media Networks) was sold to Citadel Broadcasting, ABC has reduced its broadcasting operations almost exclusively to television.
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The battle lines are drawn as they launch into a kinetic, action-packed offensive.As with any battle, there will be losses, casualties.But with Rick leading the Alexandrian forces, Maggie leading the Hilltop, and King Ezekiel leading the Kingdom, Negan and the Saviors’ grip on this world may finally be coming to an end.I’m going to miss you.” But according to Disney Channel, there’s no news to report about the show’s future.“We are wrapping production next week on the third season,” a network rep tells TVLine.