BHC Communications

BHC Communications, Inc. was the holding company for the broadcast property of Chris-Craft Industries. BHC is said to stand for "broadcasting holding company".

History

The firm was originally incorporated in 1977 as BHC, Incorporated by Chris-Craft Industries to hold its two existing incorporated independent television stations, KCOP Television (KCOP in Los Angeles) and Oregon Television (KPTV in Portland, Oregon), within BHC's Chris-Craft Television subsidiary. That same year, Chris-Craft purchased a share of 20th Century Fox. In 1981, the 20th Century Fox share, then at 20 percent, was traded for 19% of United Television. United owned three other television stations: independent KMSP-TV in Minneapolis, ABC affiliate KTVX in Salt Lake City, and NBC-affiliated KMOL-TV (now WOAI-TV) in San Antonio.

Warner Communications, Inc. purchased a 42.5 percent share in BHC for $200 million in convertible preferred stock. With the Time, Inc./Warner Communications, Inc. merger into Time-Warner, Inc., BHC got a return of some stock held by Warner, cash, and Time Warner convertible preferred stock in Time Warner, a total of valued at $2.3 billion over a six-year period. With this settlement, BHC was reincorporated as BHC Communications, Inc. with stock restructured with two classes of stock giving Chris-Craft most of the voting power. Some BHC's shares were distributed to other Warner stockholders made it a publicly traded corporation. Some the payment were used to buy back BHC class A shares. WWOR-TV, an independent station (and national superstation) in the New York City area, was purchased in 1992 for $313 million. In 1995, United Sales Enterprises was formed to hand national spot advertising time for all BHC/United stations.

UTV Software Communications

This article is about the Indian conglomerate. For the Northern Irish television channel, see UTV (TV channel).

UTV Software Communications Ltd. or UTV is an Indian media and entertainment company owned by The Walt Disney Company.

History

UTV started off as United Television Software Communications Pvt. Ltd. on 22 June 1990. The company later went public and was renamed UTV Software Communications Ltd. in 1998.

The UTV Group was incorporated as 'United Television Software Communications Private limited' on 22 June 1990; under the Companies Act, 1956 as a Private Limited Company. Subsequently, it became a deemed Public Limited Company and the word Private was deleted on 27 November 1995. It was renamed 'UTV Software Communications Limited' with effect from 19 March 1998.

At the time of incorporation, the group was primarily engaged in the production of television content for Doordarshan- Prasar Bharti and also production of ad films. In 1992, with the entry of satellite TV, ZEE TV commissioned the group for producing content of around 250 hours wherein it became one of the largest content providers. Around the same time, it also expanded into the businesses of in-flight entertainment programming and dubbing. In 1993, it ventured into the business of acquiring programs from outside producers and marketing airtime on their programs. In 1995, it launched a daily soap titled 'Shanti.'