Capital Cities/ABC, Inc. - 1946 Specimen Stock Certificate

Specimen Stock printed by Security-Columbian United States Banknote Corporation.

Capital Cities/ABC Inc. was an American media company. It was founded in 1985 when Capital Cities Communications purchased the much larger American Broadcasting Company. It was eventually acquired by The Walt Disney Company and re-branded itself as Disney–ABC Television Group (now Disney General Entertainment Content) in 1996. Capital Cities/ABC Inc. origins trace back in 1946, when Hyman Rosenblum (1911–1996), a local Albany businessman, and several investors, including future Congressman Leo William O'Brien and local advertising executive Harry L. Goldman decided to bid for a new radio station license in Albany. Rosenblum was also instrumental in help co-founding Hudson Valley Community College in Troy several years later, when he was on the Board of Trustees from 1953 to 1957 and then became the board's secretary in 1957, holding that position until his death in 1996. The company was incorporated as Hudson Valley Broadcasting Company on April 5, 1946 when the company received the license for WROW radio in Albany, New York. In October 1953, it opened the Albany-Schenectady-Troy area's second television station, WROW-TV on channel 41. In the late fall of 1954, a group of New York City-based investors, led by famous radio broadcaster and author Lowell Thomas, bought majority control of Hudson Valley Broadcasting from Rosenblum and associates. Thomas' manager/investing partner, Frank Smith became the President of the company. Read more at https://en.wikipedia.org/wiki/Capital_Cities/ABC