Science Fair Project Encyclopedia
Metromedia
Metromedia (also often MetroMedia) was a conglomeration of television stations in the United States that existed from the demise of the DuMont Television Network in the 1950s until the formation of the Fox Network in the 1980s. Metromedia could be described as a television network, although the stations were largely considered to be independent. The network was owned by John Kluge, who bought the stations (with help from an investment group) in 1956. He eventually gained ¾ control of the company and sold the stations to Rupert Murdoch in 1986 for a sum in the billions of dollars.
The Metromedia name has lived on in other projects by Kluge, though the ventures have been largely unrelated to television.
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10-26-2009 08:16:03
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The contents of this article is licensed from www.wikipedia.org under the GNU Free Documentation License. Click here to see the transparent copy and copyright details