New Vision Television
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New Vision Television
New Vision Television was a broadcast company based in Los Angeles, California. Throughout its two decade plus history, the company owned or managed over 50 television stations in large and medium-sized markets. History New Vision I Formed by Jason Elkin in 1993 in Atlanta, Georgia, New Vision Television began its ownership in local television by acquiring the News-Press & Gazette Company's stations in December 1993 for $110 million. The deal included television stations in Jackson, Mississippi (WJTV, including semi-satellite WHLT in Hattiesburg); Wilmington, North Carolina (WECT), Savannah, Georgia (WSAV-TV), Sioux Falls, South Dakota ( KSFY-TV and satellites KABY-TV and KPRY-TV), and Tucson, Arizona ( KOLD-TV). New Vision I sold its assets to Bert Ellis and Ellis Communications in 1995 for $230 million. New Vision II New Vision Television CEO Jason Elkin and COO John Heinen started a new company, New Vision Television II, that capitalized with $200 million and owned a ma ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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