Paramount Stations Group

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Paramount Stations Group (sometimes abbreviated as PSG) was a 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 "Big Three" network affiliates) purchased Paramount in 1993 (with the purchase finalized in 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 "Big Three" network 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 the Fox Television Stations Group in 2001.

In 2001, after Viacom purchased the CBS network, 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.

[edit] Stations