Go Time (programming Block)
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Go Time (programming Block)
The Hearst Media Production Group, formerly Litton Syndications and Litton Entertainment, is an American media company, media production company, production and broadcast syndication, syndication based in New York City, New York (state), New York and a subsidiary of the Hearst Television division of Hearst Communications, with three additional offices in Boston, Washington, D.C. and Burbank, California. Many of HMPG's programs comply with federally mandated Regulations on children's television programming in the United States, educational and informational requirements. History Early history (1988–2011) The company was founded in 1988 as Litton Syndications by Dave Morgan in Baltimore. Its first syndicated productions were a series of one-off, sports-related specials. The programs were bought from other companies. In the 1990s, seeing a growing market for educational programs due to the enactment of the Children's Television Act, requiring television stations to air a weekly quo ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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