Equity Media Holdings
American TV broadcasting company / From Wikipedia, the free encyclopedia
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Equity Media Holdings Corporation was a broadcasting company based in Little Rock, Arkansas that owned and operated television stations across the United States. Prior to March 30, 2007, the company was known as Equity Broadcasting, a name later used for its broadcast station subsidiary. The company had a focus on Hispanic and Asian American communities in large markets while owning a combination of English-language network affiliates in medium and small markets.
Company type | Public |
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Nasdaq: EMDAQ | |
Industry | Broadcasting |
Founded | 1998 |
Founders |
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Defunct | 2009 |
Fate | Chapter 11 bankruptcy |
Headquarters | , USA |
Key people |
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Services | TV Stations |
Subsidiaries |
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Website | web |
Equity was known for its use of broadcast automation to control dozens of small, local VHF and UHF television broadcasting stations from one central Little Rock location; the feeds were readily visible on free-to-air satellite television through much of North America, despite the very small terrestrial footprint of the individual stations over the air. Most commonly, Equity stations were low-power television affiliates of Univision, Fox, The WB/UPN or carried music videos and classic television reruns.
In late 2005, Equity launched the Retro Television Network (RTN for short), a programming service with a lineup of "classic" shows from the 1950s through the 1980s which currently airs in part or full in numerous markets (controversially replacing UPN in one[citation needed]). Equity sold RTN to Luken Communications in June 2008.
Equity filed for Chapter 11 bankruptcy on December 8, 2008[1] and auctioned the individual stations on April 16, 2009.[2] Many stations were sold to broadcast companies such as Daystar Television Network.