April 19, 2014 11:45 AM ET

Media

Company Overview of American Broadcasting Companies, Inc.

Company Overview

American Broadcasting Companies, Inc. provides programming for cable television. The company was formerly known as American Broadcasting-Paramount Theaters, Inc. and changed its name in 1965. American Broadcasting Companies, Inc. was founded in 1953 and is based in New York, New York. American Broadcasting Companies, Inc. operates as a subsidiary of The Walt Disney Company.

77 West 66th Street

New York, NY 10023

United States

Founded in 1953

Phone:

212-456-7777

Fax:

212-887-7168

Key Executives for American Broadcasting Companies, Inc.

American Broadcasting Companies, Inc. does not have any Key Executives recorded.

American Broadcasting Companies, Inc. Key Developments

BPI Technology, Inc., Beef Products, Inc., and Freezing Machines, Inc. Files Suit against American Broadcast Companies, Inc. and ABC News, Inc. for Disinformation Campaign

BPI Technology, Inc., Beef Products, Inc., and Freezing Machines, Inc. has filed a suit against the American Broadcast Companies, Inc., ABC News, Inc., three ABC News reporters, and others for knowingly and intentionally publishing false and disparaging statements regarding BPI and its product, lean finely textured beef. BPI alleges that ABC and others launched a concerted disinformation campaign against the companies, which had a significant adverse affect on BPI's reputation, as well as a significant negative financial impact on the companies. In their complaint, filed in Circuit Court in Union County, South Dakota, BPI alleges that ABC and the individuals named in the suit knowingly made false, defamatory and disparaging statements regarding BPI and LFTB during a disinformation campaign this spring. These statements were made even after BPI and others sent ABC factual information about LFTB, including conclusions from USDA, FDA, food safety organizations and numerous beef industry experts that LFTB is a safe, nutritious lean beef. As a result of the disinformation campaign, BPI sales declined from approximately five million pounds of LFTB per week to less than two million pounds per week, three BPI facilities closed and more than 700 employees lost their jobs. In their complaint, filed in Circuit Court in Union County, South Dakota, BPI alleges that ABC and the individuals named in the suit knowingly made false, defamatory and disparaging statements regarding BPI and LFTB during a disinformation campaign this spring. These statements were made even after BPI and others sent ABC factual information about LFTB, including conclusions from USDA, FDA, food safety organizations and numerous beef industry experts that LFTB is a safe, nutritious lean beef. As a result of the disinformation campaign, BPI sales declined from approximately five million pounds of LFTB per week to less than two million pounds per week, three BPI facilities closed and more than 700 employees lost their jobs.

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