Empresas 1BC
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| Empresas 1BC (1 Broadcasting Caracas) | |
| Type | Private company |
|---|---|
| Founded | 1920 |
| Headquarters | Caracas, Venezuela |
| Key people | William H. Phelps, Founder Marcel Granier, President & CEO |
| Industry | Broadcasting (Radio and Television), Retail |
| Products | Broadcasting (Radio and Television), Retail |
| Revenue |  Bs. ? billion (2006) |
| Operating income | Bs. ? billion (2006) |
| Net income |  Bs. ? billion (2006) |
| Employees | ??? (2006) |
| Subsidiaries | 92.9 tu FM Etheron Fono Video Radio Caracas Television Radio Caracas Radio Recordland Sonografica more... |
Empresas 1BC is a privately owned Venezuelan corporation which is comformed by diverse enterprises such as Radio Caracas Television, Etheron, Radio Caracas Radio, 92.9 tu FM, Sonográfica, FonoVideo, Recordland, and Radionet, to name a few. This conglomerate is headed by Marcel Granier and headquartered in Caracas, Venezuela.
[edit] History
The origins of this company dates back to the year 1920, when William H. Phelps returned to Venezuela from the United States after getting a degree from Princeton University. In the year 1929, his family established the first holding company, called Sindicato Phelps, C.A., in which various businesses, such as real estate and automotive companies, were consolidated. The development of the communications sector began in 1930, when (with the support of RCA) Phelps established "1 Broadcasting Caracas" (1BC), the first commercial radio station in Venezuela. In 1936, 1BC became know as Radio Caracas Radio (RCR), its current name. Radio Caracas Televisión (RCTV) would arrive in 1953. Until then, the Phelps owned Ondas Populares, RCR, and RCTV. Other businesses owned by the Phelps included: "El Automóvil Universal" and "El Almacén Americano" (electric artifacts). The growth of the television business in the 70s, favored a consolidation of the company, which hired new people such as Marcel Granier, Petter Bottome, and Guillermo Tucker.
In the 1980s, Empresas 1BC began to explore other types of industries. They started up the newspaper "El Diario de Caracas", which after 16 years (on July 11, 1995), ceased circulation. Three years later, "El Diario de Caracas" was purchased and restarted by the editors of Caracas’s English language newspaper, "The Daily Journal".
[edit] Assets
- 92.9 tu FM
- Etheron
- Fonovideo
- RCR
- RCTV
- Recordland
- Sonográfica
