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Capital Cities/ABC Inc. was an American media company. It was founded in 1985 when Capital Cities Communications purchased the much larger American Broadcasting Company. It was eventually acquired by The Walt Disney Company and re-branded itself as Disney–ABC Television Group (now Disney General Entertainment Content) in 1996.
Disney General Entertainment Content (DGEC), formerly Capital Cities/ABC, ABC Group, Disney–ABC Television Group and the second incarnation of Walt Disney Television, is part of Disney Entertainment, a division of The Walt Disney Company that oversees its owned-and-operated television content, assets and sub-divisions.
Murphy's biggest acquisition came in 1985 when he bought the American Broadcasting Company for $3.5 billion to form Capital Cities/ABC. [1] [6] [7] [8] The merger was engineered by Murphy and the man who replaced him as WTEN's station manager, Daniel B. Burke, who became ABC's president.
May 23, 2017 · Disney's $19 billion mega deal for Capital Cities/ABC in 1995, pairing the Mouse and friends with SportsCenter, was the rare big-media consolidation that actually worked.
May 25, 2022 · ABC and the Disney Company are remembering former Chairman and CEO of Capital Cities/ABC Tom Murphy. Murphy died Wednesday at his home in Rye in Westchester County. He was 96.
Company profile page for Capital Cities/ABC Inc including stock price, company news, executives, board members, and contact information
Capital Cities/ABC Inc was a media company that was founded in New York City. In 1985, Capital Cities merged with American Broadcasting Company to form Capital Cities/ABC. This name was used until 1996. The company was sold to The Walt Disney Company and changed its name to Disney–ABC Television Group.
