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Equity Media Holdings
Equity Media Holdings Corporation was a broadcasting company based in Little Rock, Arkansas, that owned and operated television stations across the United States. Prior to March 30, 2007, the company was known as Equity Broadcasting, a name later used for its broadcast station subsidiary. The company had a focus on Hispanic and Asian American communities in large markets while owning a combination of English-language network affiliates in medium and small markets. Equity was known for its use of broadcast automation to control dozens of small, local VHF and UHF television broadcasting stations from one central Little Rock location; the feeds were readily visible on free-to-air satellite television through much of North America, despite the very small terrestrial footprint of the individual stations over the air. Most commonly, Equity stations were low-power television affiliates of Univision, Fox, The WB/ UPN or carried music videos and classic television reruns. In late 20 ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Fox Broadcasting Company
Fox Broadcasting Company, LLC (commonly known as Fox; stylized in all caps) is an Television in the United States, American commercial broadcasting, commercial broadcast television broadcaster, television network serving as the flagship property of Fox Corporation and operated through Fox Entertainment. Fox is based at Fox Corporation's corporate headquarters at 1211 Avenue of the Americas in Midtown Manhattan, New York City, and it hosts additional offices at the Fox Network Center in Los Angeles and at the Fox Media Center in Tempe, Arizona. The channel was launched by News Corporation on October 9, 1986 as a competitor to the Big Three (American television), Big Three television networks, which are the American Broadcasting Company (ABC), the CBS, Columbia Broadcasting System (CBS), and the NBC, National Broadcasting Company (NBC). Fox went on to become the most successful attempt at a fourth television network; it was also the highest-Nielsen ratings, rated free-to-air netwo ...
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KARZ-TV
KARZ-TV (channel 42) is a television station in Little Rock, Arkansas, United States, affiliated with MyNetworkTV. It is owned by Nexstar Media Group alongside NBC affiliate KARK-TV (channel 4); Nexstar also provides certain services to Fox Broadcasting Company, Fox affiliate KLRT-TV (channel 16) and ''de facto'' The CW, CW owned-and-operated station KASN (channel 38) under a local marketing agreement (LMA) with Mission Broadcasting. The four stations share studios at the Victory Building on West Capitol Avenue and South Victory Street (near the Arkansas State Capitol) in downtown Little Rock; KARZ-TV's transmitter is located at the Shinall Mountain antenna farm, near the city's Chenal Valley neighborhood. History Early history Leininger-Geddes Broadcasting (owned by Mobile, Alabama–based business consultant Dale Leininger and Darrell Geddes, then-pastor of Little Rock's Solid Rock Assembly of God) filed the initial application for the UHF channel 42 license with the Federal Co ...
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Nexstar Media Group
Nexstar Media Group, Inc. is an American publicly traded media company with headquarters in Irving, Texas, Midtown Manhattan, and Chicago. The company is the largest television station owner in the United States, owning 197 television stations across the U.S., most of which are affiliated with the four "major" U.S. television networks and MyNetworkTV in markets as large as New York City and as small as San Angelo, Texas. It also operates all of the stations owned by certain affiliates such as Mission Broadcasting and Vaughan Media, under local marketing agreements to satisfy existing regulations set in place by the Federal Communications Commission. In addition, Nexstar owns one radio station, WGN in Chicago, and operates mid-major TV network The CW through a 75% majority stake where all CW affiliates are directly owned-and-operated stations (O&O), two terrestrial television networks airing classic shows, Antenna TV and Rewind TV, one FAST streaming channel airing sport ...
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NASDAQ
The Nasdaq Stock Market (; National Association of Securities Dealers Automated Quotations) is an American stock exchange based in New York City. It is the most active stock trading venue in the U.S. by volume, and ranked second on the list of stock exchanges by market capitalization of shares traded, behind the New York Stock Exchange. The exchange platform is owned by Nasdaq, Inc. (which the exchange also lists; ticker symbol NDAQ), which also owns the Nasdaq Nordic stock market network and several U.S.-based stock and options exchanges. Although it trades stock of healthcare, financial, media, entertainment, retail, hospitality, and food businesses, it focuses more on technology stocks. The exchange is made up of both American and foreign firms, with China and Israel being the largest foreign sources. History 1972–2000 Nasdaq, Inc. was founded in 1971 by the National Association of Securities Dealers (NASD), which is now known as the Financial Industry Regulatory A ...
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Chapter 7, Title 11, United States Code
Chapter 7 of Title 11 U.S. Code is the bankruptcy code that governs the process of liquidation under the bankruptcy laws of the United States. This is in contrast to bankruptcy under Chapter 11 and Chapter 13, which govern the process of ''reorganization'' of a debtor. Chapter 7 bankruptcy is the most common form of bankruptcy in the US. For businesses When a financially troubled business is unable to pay creditors, the business may file (or be compelled by creditors to file) for bankruptcy in a federal court under Chapter 7, which means that the business ceases operations unless those operations are continued by the Chapter 7 trustee. In a Chapter 7 bankruptcy, the trustee is appointed almost immediately, with broad powers to examine the finances of the business in bankruptcy; generally, the trustee sells the assets and distributes the money to the creditors. The investors who took the least amount of risk prior to the bankruptcy are generally paid first. For example, sec ...
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Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, '' Bloomberg Businessweek'', '' Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has been editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Jo ...
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Chapter 11, Title 11, United States Code
Chapter 11 of the United States Bankruptcy Code ( Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned ...
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Arkansas Democrat-Gazette
The ''Arkansas Democrat-Gazette'' is the newspaper of record in the U.S. state of Arkansas, printed in Little Rock with a northwest edition published in Lowell. It is distributed for sale in all 75 of Arkansas's counties. By virtue of one of its predecessors, the '' Arkansas Gazette'' (founded in 1819), it claims to be the oldest continuously published newspaper west of the Mississippi River. The original print shop of the ''Gazette'' is preserved at the Historic Arkansas Museum in Little Rock. History Early years The history of the ''Arkansas Democrat-Gazette'' goes back to the earliest days of territorial Arkansas. William E. Woodruff arrived at the territorial capital at Arkansas Post in late 1819 on a dugout canoe with a second-hand wooden press. He cranked out the first edition of the ''Arkansas Gazette'' on November 20, 1819, 17 years before Arkansas became a state. The ''Gazette'' scrupulously avoided political involvement or endorsement early in its history. In ...
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Daystar (TV Network)
The Daystar Television Network commonly known as Daystar Television or just Daystar, is an American evangelical Christian-based religious television network owned by the Word of God Fellowship, founded by Marcus Lamb in 1993. Daystar is headquartered in the Dallas/Fort Worth Metroplex in Bedford, Texas. The network is based around prosperity theology. History In 1984, Marcus and Joni Lamb (née Trammell) moved to Montgomery, Alabama to launch the state's first full-power Christian television station, WMCF-TV. The Lambs built the station for the next five years, and sold it in 1990. They next moved to Dallas, Texas, where, in 1993, they purchased the formerly defunct KMPX. In 1996, with a large contribution from Kenneth Copeland Ministries, the Lambs purchased a station in Colorado, officially turning their television ministry into a network. In August 1997, the small staff moved into a facility that included production studios; Daystar was officially launched on New Yea ...
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Broadcast
Broadcasting is the data distribution, distribution of sound, audio audiovisual content to dispersed audiences via a electronic medium (communication), mass communications medium, typically one using the electromagnetic spectrum (radio waves), in a :wikt:one-to-many, one-to-many model. Broadcasting began with AM radio, which came into popular use around 1920 with the spread of vacuum tube radio transmitters and radio receiver, receivers. Before this, most implementations of electronic communication (early radio, telephone, and telegraph) were wikt:one-to-one, one-to-one, with the message intended for a single recipient. The term ''broadcasting'' evolved from its use as the agricultural method of sowing seeds in a field by casting them broadly about. It was later adopted for describing the widespread distribution of information by printed materials or by telegraph. Examples applying it to "one-to-many" radio transmissions of an individual station to multiple listeners appeared as ...
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Luken Communications
Get After It Media LLC, formerly known as Luken Communications and Reach High Media Group, is a privately owned American broadcast holding company, based in Chattanooga, Tennessee Chattanooga ( ) is a city in Hamilton County, Tennessee, United States, and its county seat. It is located along the Tennessee River and borders Georgia (U.S. state), Georgia to the south. With a population of 181,099 in 2020, it is Tennessee ..., which owns or operates around 80 television stations in the United States and five Digital subchannel, digital television multicast networks. History Luken Communications was formed in 2008 by Henry Luken III, formerly president and CEO of Equity Media Holdings. Luken Communications agreed to purchase six TV stations from Equity Media for $17.5 million and paid a $5 million installment with the rest pending on regulatory approval. In June 2008, Equity sold to Luken Retro Television Network for $18.5 million and $8.05 million Equity Warrant (finance), wa ...
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