Media Company Socks
Description: In 1927, NBC-operated radio network was called the NBC Blue Network. It would later on become an independent radio (and, eventually, television) network known as the American Broadcasting Company (ABC) in 1943. ABC later joined United Paramount Theatres forming American Broadcasting-Paramount Theatres (later American Broadcasting Companies, Inc.). After its venture into radio and television throughout the 1960s and 1970s and the purchase of ESPN Inc. in 1982, the company would later be acquired/merged with Capital Cities, forming Capital Cities/ABC in 1985. The company ultimately sold to The Walt Disney Company in 1995.
Description: Bertelsmann Music Group was a division of a German media company Bertelsmann before its completion of sale of the majority of its assets to Sony Corporation of America. Although it was established in 1987, the music company was formed as RCA/Ariola International in 1985 as a joint venture to combine the music label activities of RCA's RCA Records division and Bertelsmann's Ariola Records and its associated labels which include Arista Records. It consisted of the BMG Music Publishing company, the world's third largest music publisher and the world's largest independent music publisher and the 50% share of the joint venture with Sony Music, which established the German American Sony BMG from 2004 to 2008.
