United Paramount Theatres

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United Paramount Theatres, one of the largest chain of cinemas in the United States, was divested from Paramount Pictures as a result of the 1948 United States v. Paramount Pictures, Inc. Supreme Court case.

The company was formed by Paramount from Balaban and Katz and other properties.

[edit] History

  • 1949: United Paramount Theatres was formed. The company was divested from Paramount on December 31, 1949.
  • 1953: The chain merged with the American Broadcasting Company. The merged company was named American Broadcasting-Paramount Theatres.
  • 1968: American Broadcasting-Paramount Theatres was renamed American Broadcasting Companies, Inc., with the theater chain renamed ABC Theatres.
  • 1974: The movie theaters were sold.
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