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Ascent Capital Group information


Ascent Capital Group, Inc.
Company typePublic
Traded as
Nasdaq: ASCMA
Nasdaq: ASCMB
IndustryResidential Security Monitoring
Founded1999; 25 years ago (1999)
Defunct2019; 5 years ago (2019)
FateMerged with Monitronics
Headquarters
Denver, Colorado
,
United States
Area served
United States
Key people
William R. Fitzgerald
(Chairman)
William E. Niles
(CEO)
RevenueIncreaseUS$311.9M (FY 2011)[1]
Operating income
IncreaseUS$-28.2M (FY 2011)[1]
Net income
IncreaseUS$20.6M (FY 2011)[1]
Total assetsDecreaseUS$1,626M(FY 2011)[1]
Total equityIncreaseUS$560M (FY 2011)[1]
Websitewww.ascentcapitalgroupinc.com

Ascent Capital Group, Inc. was a public holding company[2] whose primary subsidiary was Monitronics. Ascent Media was a wholly owned subsidiary of the Discovery Holding Company (DHC). DHC spun off Ascent Media as an independent, public company on September 17, 2008.[3]

The company's main activity through its wholly owned subsidiary, Monitronics, was to provide security alarm monitoring services to more than 1 million residential and commercial customers in the United States, Canada and Puerto Rico through its nationwide network of independent dealers.[citation needed]

On May 24, 2019 Ascent Capital Group announced its intent to merge with Monitronics.[4]

  1. ^ a b c d e Cite error: The named reference Ascent-Capital-Group-2011-10-K was invoked but never defined (see the help page).
  2. ^ Hoover's coverage by Sylvia Lambert (2008-01-02). "Ascent Media Corporation information and related industry information from Hoover's United Kingdom (UK)". Hoovers.com. Retrieved 2012-01-04.
  3. ^ "Discovery Communications LLC 2008 Registration Statement – Form S-4 – July 18, 2008". secdatabase.com. Retrieved 2012-05-22.
  4. ^ "MONITRONICS INTERNATIONAL, INC. 2019 Merger Statement – Form S-4 – July 18, 2008". sec.gov. Retrieved 2023-10-23.

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