Ascent Capital Group

Last updated
Ascent Capital Group, Inc.
Company type Public
Nasdaq: ASCMA
Nasdaq: ASCMB
IndustryResidential Security Monitoring
Founded1999;25 years ago (1999)
Defunct2019 (2019)
FateMerged with Monitronics
Headquarters
Denver, Colorado
,
United States
Area served
 United States
Key people
RevenueIncrease2.svg US$311.9M (FY 2011) [1]
Increase2.svg US$-28.2M (FY 2011) [1]
Increase2.svg US$20.6M (FY 2011) [1]
Total assets Decrease2.svg US$1,626M(FY 2011) [1]
Total equity Increase2.svg US$560M (FY 2011) [1]
Website www.ascentcapitalgroupinc.com

Ascent Capital Group, Inc. was a publicly traded holding company [2] whose primary subsidiary was Monitronics. Ascent Media was a wholly owned subsidiary of the Discovery Holding Company (DHC). DHC spun off Ascent Media as an independent, public company on September 17, 2008. [3]

Contents

The company's main activity through its wholly owned subsidiary, Monitronics, was to provide security alarm monitoring services to more than 1 million residential and commercial customers in the United States, Canada and Puerto Rico through its nationwide network of independent dealers.[ citation needed ]

On May 24, 2019 Ascent Capital Group announced its intent to merge with Monitronics. [4]

History

In its past, Ascent Capital Group provided creative and technical services to the media and entertainment industries. [5] Ascent Media was a wholly owned subsidiary of the Discovery Holding Company (DHC). DHC spun off Ascent Media as an independent, public company on September 17, 2008. [3]

The assets and operations of Ascent Capital Group are composed primarily of the assets and operations of various businesses acquired from 2000 through 2004, including The Todd-AO Corporation, Four Media Company, Video Services Corporation, Group W Network Services, London Playout Centre and the systems integration business of Sony Electronics. The combination and integration of these and other acquired entities allows AMG to offer integrated outsourcing for the technical and creative requirements of its clients, from content creation and other post-production services to media management and transmission of the final product to broadcast television stations, cable system head-ends and other destinations and distribution points." [6]

Related Research Articles

Midway Games Inc., known previously as Midway Manufacturing and Bally Midway, and commonly known as simply Midway, was an American video game developer and publisher. Midway's franchises included Mortal Kombat, Rampage, Spy Hunter, NBA Jam, Cruis'n and NFL Blitz. Midway also acquired the rights to video games that were originally developed by WMS Industries and Atari Games, such as Defender, Joust, Robotron: 2084, Gauntlet and the Rush series.

<span class="mw-page-title-main">Liberty Media</span> American mass media company

Liberty Media Corporation is an American mass media company founded by John C. Malone in 1991. The company has three divisions, reflecting its ownership stakes in Formula One Group, Sirius XM, Live Nation Entertainment, and by December 31, 2024, Dorna Sports. The Sirius XM Holdings segment operates two audio entertainment companies, Sirius XM and Pandora. Sirius XM offers channels and information and entertainment services. Pandora is a streaming platform for searching for music and podcasts. As of 2024, Liberty Media is set to own three global motorsport businesses in the form of Formula One, MotoGP and World Superbikes.

Graham Holdings Company is a diversified American conglomerate holding company. Headquartered in Arlington County, Virginia, and incorporated in Delaware, it was formerly the owner of The Washington Post newspaper and Newsweek magazine.

<span class="mw-page-title-main">Todd-AO</span> American post-production company

Todd-AO is an American post-production company founded in 1953 by Mike Todd and Robert Naify, providing sound-related services to the motion picture and television industries. For more than five decades, it was the worldwide leader in theater sound. The company retains one facility, in the Los Angeles area.

AMC Networks Inc. is an American entertainment company headquartered in 11 Penn Plaza, New York.

A corporate spin-off, also known as a spin-out, or starburst or hive-off, is a type of corporate action where a company "splits off" a section as a separate business or creates a second incarnation, even if the first is still active. It is distinct from a sell-off, where a company sells a section to another company or firm in exchange for cash or securities.

Zimmer Biomet Holdings, Inc. is a publicly traded medical device company. It was founded in 1927 to produce aluminum splints. The firm is headquartered in Warsaw, Indiana, where it is part of the medical devices business cluster.

<span class="mw-page-title-main">Discovery Holding Company</span>

Discovery Holding Company was an American company headquartered in Meridian, Colorado. The postal designation of nearby Englewood was commonly listed as the company's location in corporate filings and news accounts.

Tracking stock, also known as letter stock and targeted stock, is a specialized equity offering issued by a company that is based on the operations of a defined business within the larger organization. Therefore, the tracking stock will be traded at a price related to the operations of the specific division of the company being "tracked". Tracking stock is typically limited, or has no voting rights. Often, tracking stock is issued to separate a high-growth division from its parent company, while the parent company and its shareholders remain in control of the subsidiary's operations.

<span class="mw-page-title-main">AECOM</span> American engineering firm

AECOM is an American multinational infrastructure consulting firm.

The Hanover Insurance Group, Inc. is an insurance company based in Worcester, Massachusetts. It was the original name of a property-liability insurance firm established in 1852, and it remained a publicly traded company under that name until the early 1990s, when it changed its name to Allmerica Property & Casualty Companies.

Soundelux is an American audio post production company based in California, a previous member of the Todd Soundelux group of sound companies. The Soundelux library and trademark was bought in 2014 by Sounddogs. In 2021, original founders Bender and Stateman came together to launch the new Soundelux, which restarted in sound editing production with episodes of HBO's Euphoria.

<span class="mw-page-title-main">Wabtec</span> American manufacturing company

Westinghouse Air Brake Technologies Corporation, commonly known as Wabtec, is an American company formed by the merger of the Westinghouse Air Brake Company (WABCO) and MotivePower Industries Corporation in 1999. It is headquartered in Pittsburgh, Pennsylvania.

<span class="mw-page-title-main">The Wendy's Company</span> American multinational restaurant holding company

The Wendy's Company is an American parent company for the major fast food chain Wendy's. Originally founded as the Deisel-Wemmer Company, it is sourced in Dublin, Ohio. The company's principal subsidiary, Wendy's International, is the franchisor of Wendy's restaurants.

<span class="mw-page-title-main">SBI Group</span> Parent company of the SBI group (Japanese financial conglomerate)

SBI Holdings, sometimes referred to as Strategic Business Innovator Group, is a financial services company group based in Tokyo, Japan. The group's businesses and companies are held primarily at SBI Holdings.

<span class="mw-page-title-main">Cadence Bank</span> American commercial bank

Cadence Bank is a commercial bank with dual headquarters in Tupelo, Mississippi, and Houston, Texas, with operations in Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, Missouri, Oklahoma, Tennessee, Texas, and Illinois. In 1876, Raymond Trice and Company received a charter to create a bank in its hardware store in Verona, Mississippi. In 1886, the banking operation was moved to Tupelo, Mississippi and the company was renamed to Bank of Lee County, Mississippi. Soon after, it was renamed to the Bank of Tupelo. The bank was renamed to Bank of Mississippi in 1966. In 1997, the bank changed its name to BancorpSouth. In October 2021, the bank changed its name to Cadence Bank. It has the naming rights to Cadence Bank Amphitheatre in Atlanta and Cadence Bank Arena in Tupelo.

Xperi Inc. is an American multinational technology company headquartered in San Jose, California, that develops software for consumer electronics and connected cars, as well as media platforms for video service over broadband. The company is organized into four business units: Pay-TV, Consumer Electronics, Connected Car, and Media Platform. Xperi's brands include DTS, HD Radio, and TiVo.

Wylie Stateman is an American sound director, supervising sound editor, sound designer, and post production media entrepreneur. Stateman has supervised over 150 sound projects, resulting in 9 Academy Award nominations, 6 BAFTA Awards, 3 Primetime Emmy Awards, and over 30 Motion Picture Sound Editor Awards. He also received a Science Technology award from the Academy of Motion Picture Arts and Sciences in 1994 for Audio Track’s Advanced Data Encoding (ADE) System. In 2021 he won an Emmy Award for his sound design in Netflix’s original series ‘The Queen’s Gambit’.

Todd Soundelux is an American creative entertainment services company.

References

  1. 1 2 3 4 5 6 "Ascent Capital Group 2011 Annual Report – Form 10-K – February 29, 2012". secdatabase.com. Retrieved 2012-05-23.
  2. ↑ Hoover's coverage by Sylvia Lambert (2008-01-02). "Ascent Media Corporation information and related industry information from Hoover's United Kingdom (UK)". Hoovers.com. Retrieved 2012-01-04.
  3. 1 2 "Discovery Communications LLC 2008 Registration Statement – Form S-4 – July 18, 2008". secdatabase.com. Retrieved 2012-05-22.
  4. ↑ "MONITRONICS INTERNATIONAL, INC. 2019 Merger Statement – Form S-4 – July 18, 2008". sec.gov. Retrieved 2023-10-23.
  5. ↑ "Home – Ascent Capital Group, Inc". Ascentmediacorporation.com. 2011-12-08. Archived from the original on 2012-01-16. Retrieved 2012-01-04.
  6. 1 2 "e10vk". Sec.gov. Retrieved 2012-01-04.
  7. ↑ "John Malone's Digital Picture Show". Businessweek.com. 2005-04-19. Archived from the original on April 19, 2005. Retrieved 2012-01-04.
  8. ↑ Archived October 8, 2007, at the Wayback Machine
  9. ↑ "ASCENT MEDIA GROUP INC – Amended Annual Report (10-K/A) PART III". Sec.edgar-online.com. Retrieved 2012-01-04.
  10. ↑ https://www.webcitation.org/5hR9Hvp3r?url=http://www.postmagazine.com/ME2/dirmod.asp?sid=. Archived from the original on June 10, 2009. Retrieved July 15, 2009.{{cite web}}: Missing or empty |title= (help)
  11. ↑ "Ascent Media Corporation Acquires Monitronics". The Wall Street Journal. December 17, 2010. Retrieved March 15, 2011.
  12. ↑ "ENCOMPASS COMPLETES ACQUISITION OF ASCENT MEDIA CORPORATION'S CONTENT DISTRIBUTION BUSINESS". Archived from the original on 2013-10-18. Retrieved 2013-10-17.
  13. ↑ "MONITRONICS INTERNATIONAL ACQUIRES 93,000 HIGH QUALITY SUBSCRIBER ACCOUNTS"
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.