LBS Communications: Difference between revisions

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===Background===
===Background===
'''Lexington Broadcast Services''' (commonly known by its initials, "'''LBS'''") was created in 1976 by Henry Siegel. It was reincorporated to "'''LBS Communications, Inc.'''" in 1984. LBS also joined forces with [[Columbia Pictures Television]] to create "[[Colex Enterprises]]", which distributed TV series by [[Screen Gems (1948-1974)|Screen Gems]] and CPT. Over the years, the company would produce/distribute television shows such as ''Inspector Gadget'' and ''Heathcliff'' ([[DIC Entertainment|DiC]]), ''What's Happening!!'' and ''What's Happening Now!!'' (CPT), ''Baywatch'' and ''Family Feud'' ([[Mark Goodson Television Productions|Mark Goodson]]), and ''World of Wrestling''. LBS was also an ad-sales barter until they formed "TV Horizons".
'''Lexington Broadcast Services''' (commonly known by its initials, "'''LBS'''") was created in 1976 by Henry Siegel. It was reincorporated to "'''LBS Communications, Inc.'''" in 1984. LBS also joined forces with [[Columbia Pictures Television]] to create "[[Colex Enterprises]]", which distributed TV series by [[Screen Gems Television|Screen Gems]] and CPT. Over the years, the company would produce/distribute television shows such as ''Inspector Gadget'' and ''Heathcliff'' ([[DIC Entertainment|DiC]]), ''What's Happening!!'' and ''What's Happening Now!!'' (CPT), ''Baywatch'' and ''Family Feud'' ([[Mark Goodson Television Productions|Mark Goodson]]), and ''World of Wrestling''. LBS was also an ad-sales barter until they formed "TV Horizons".


After Colex Enterprises dissolved in 1986, LBS Communications began to lose money and filed for Chapter 11 bankruptcy in 1991. This left the company to sell more than 80% of its assets to [[All American Television]] in March 1992. LBS would live on in the 1990s as an in-name-only unit of All American Television, which was sold to Pearson, plc. in 1997 and renamed to [[Pearson Television]]; the production company would close in 2001.
After Colex Enterprises dissolved in 1986, LBS Communications began to lose money and filed for Chapter 11 bankruptcy in 1991. This left the company to sell more than 80% of its assets to [[All American Television]] in March 1992. LBS would live on in the 1990s as an in-name-only unit of All American Television, which was sold to Pearson, plc. in 1997 and renamed to [[Pearson Television]]; the production company would close in 2001.
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