This article is about the media company. For other uses, see Metromedia (disambiguation).
Metromedia, Inc.
Company type
Public
Industry
Media
Predecessor
Allen B. DuMont Laboratories DuMont Broadcasting Corporation Metropolitan Broadcasting Corporation
Founded
1931; 93 years ago (1931) as Allen B. DuMont Labs
Defunct
1997; 27 years ago (1997) (as a media company)
Fate
Sold off. Corporate name continues as owner of MetroMedia Technologies.[1]
Successor
Metro-Goldwyn-Mayer (content library) Fox Television Stations (broadcast stations)
Headquarters
New York City, New York, U.S.
Area served
Worldwide
Key people
John W. Kluge, founder/chairman/CEO
Stuart Subotnick, Current President/CEO
William Ishida, President/CEO Metromedia Technologies, Inc.
Products
Television, radio, entertainment, advertising
Services
Advertising, media display
Subsidiaries
Orion Pictures The Samuel Goldwyn Company Motion Picture Corporation of America Metropolitan Broadcasting Corporation
Metromedia (also often MetroMedia) was an American media company that owned radio and television stations in the United States from 1956 to 1986 and controlled Orion Pictures from 1988 to 1997. Metromedia was established in 1956 after the DuMont Television Network ceased operations and its owned-and-operated stations were spun off into a separate company. Metromedia sold its television stations to News Corporation in 1985 (which News Corp. then used to form the nucleus of Fox Television Stations), and spun off its radio stations into a separate company in 1986. Metromedia then acquired ownership stakes in various film studios, including controlling ownership in Orion. In 1997, Metromedia closed down and sold its media assets to Metro-Goldwyn-Mayer.
^"About Us". MetroMedia Technologies. Archived from the original on June 5, 2011. Retrieved October 3, 2018.
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changed its corporate name to Metromedia in 1961. However, the Metropolitan Broadcasting name was retained for Metromedia's TV and radio station properties...