Paramount Stations Group (sometimes abbreviated as PSG) was an American television broadcasting company that was renamed from the TVX Broadcast Group in 1991 after Paramount Pictures gained full ownership of the group. At the time, it owned several Fox affiliates (KRRT, WLFL-TV and WTXF-TV) and independent stations (KTXA, KTXH and WDCA). Shortly thereafter, the group began its expansion with its purchase of then-Fox affiliate WKBD from Cox Enterprises in 1993.
After Viacom (which owned several CBS and NBC affiliates) purchased Paramount in 1993 (with the purchase finalized in March 1994), it entered into a joint venture with Chris-Craft Industries to launch the United Paramount Network (UPN). PSG's independent stations (KTXA, KTXH and WDCA) and some of its Fox affiliates (KRRT and WKBD) flipped to UPN, while other stations were sold to other companies (WTXF was sold directly to Fox, while WLFL was sold to the Sinclair Broadcast Group and KRRT to Jet Broadcasting). PSG then sold off its CBS and NBC affiliates and acquired several additional UPN-affiliate stations during the mid-to-late 1990s. PSG's parent company Viacom eventually bought out Chris-Craft's stake in UPN in 2000; Chris-Craft, in turn, sold its television stations to Fox Television Stations in 2001.
In 2001, after Viacom purchased the CBS network (its former parent), PSG was combined with the CBS O&O stations to form the Viacom Television Stations Group. Today, that group is called the CBS Television Stations Group.
Other articles related to "station, group, paramount stations group, stations":
... WWHO began operating on August 31, 1987 as independent station WWAT, named after its owner, Wendell A ... was the first general-entertainment independent station in Columbus since WTTE signed on in 1984 ... The station was sold for $2 million in 1994 to Fant Broadcasting and changed its calls to WWHO ...
... City of license Station Owner when affiliated Years Affiliated Albany WXXA-TV 23 Heritage Media (1993-1994), Clear Channel Communications (1994-) secondary, 1993-1995 Alexandria K47DW 47 Delta Media ... Illinois WYZZ-TV 43 Bloomington, Indiana WTTV 4 River City Broadcasting, Sinclair Broadcast Group Boise KTRV-TV 12 Boston WSBK-TV 38 New World Communications, Paramount Stations Group Bryan KYLE 28 Buffalo ... WSTR-TV 64 Abry Communications, Sinclair Broadcast Group Cleveland WUAB 43 Cannell Broadcasting Colorado Springs KXRM-TV 21 Columbia, South Carolina WACH 57 Ellis Communications Columbus, Georgia WLTZ ...
Famous quotes containing the words group, paramount and/or stations:
“A little group of wilful men reflecting no opinion but their own have rendered the great Government of the United States helpless and contemptible.”
—Woodrow Wilson (18561924)
“There are many faculties in man, each of which takes its turn of activity, and that faculty which is paramount in any period and exerts itself through the strongest nation, determines the civility of that age: and each age thinks its own the perfection of reason.”
—Ralph Waldo Emerson (18031882)
“A reader who quarrels with postulates, who dislikes Hamlet because he does not believe that there are ghosts or that people speak in pentameters, clearly has no business in literature. He cannot distinguish fiction from fact, and belongs in the same category as the people who send cheques to radio stations for the relief of suffering heroines in soap operas.”
—Northrop Frye (b. 1912)