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23-780: In 2003, the network went through a restructuring, being placed within USFR Media Group's VOTH Network, Inc. subsidiary. In 2009, the network came under the ownership of America One Television Network, Inc. as a result of a shareholder buyout from USFR Media Group. In 2010, America One Television Network merged with B2 Broadcasting to create the holding company One Media Corp, Inc., which America One & B2 Broadcasting then became subsidiaries of, while retaining their respective brand identities. According to its press release in 2013, it broadcast "5500 live and exclusive events, over 100 U.S. Colleges, 70 professional sports teams and hundreds of top professional leagues from Asia and Europe." It

46-573: A matter of broadcast regulation . In the United States, a personal holding company is defined in section 542 of the Internal Revenue Code . A corporation is a personal holding company if both of the following requirements are met: A parent company is a company that owns enough voting power in another firm (or subsidiary ) to control management and operations by influencing or electing its board of directors . The definition of

69-469: A mix of entertainment and US & international sports programming in prime time . Cooking, travel and news shows and classic movies made up the network's daytime programming. The network also encouraged preemption of four hours per day of its programming for local sports, entertainment or news. America One held the U.S. broadcast rights to the Ontario Hockey League , Australian Football League ,

92-425: A parent company differs from jurisdiction to jurisdiction, with the definition normally being defined by way of laws dealing with companies in that jurisdiction. When an existing company establishes a new company and keeps majority shares with itself, and invites other companies to buy minority shares, it is called a parent company. A parent company could simply be a company that wholly owns another company, which

115-465: A tending subsidiary of the purchasing company, which, in turn, becomes the parent company of the subsidiary. (A holding below 50% could be sufficient to give a parent company material influence if they are the largest individual shareholder or if they are placed in control of the running of the operation by non-operational shareholders.) In the United Kingdom, the term holding company is defined by

138-458: Is defined by Part 1.2, Division 6, Section 46 of the Corporations Act 2001 (Cth) , which states: A body corporate (in this section called the first body) is a subsidiary of another body corporate if, and only if: Toronto-based lawyer Michael Finley has stated, "The emerging trend that has seen international plaintiffs permitted to proceed with claims against Canadian parent companies for

161-453: Is sometimes done on a per- market basis. For example, in Atlanta both WNNX and later WWWQ are licensed to "WNNX LiCo, Inc." (LiCo meaning "license company"), both owned by Susquehanna Radio (which was later sold to Cumulus Media ). In determining caps to prevent excessive concentration of media ownership , all of these are attributed to the parent company, as are leased stations , as

184-447: Is then known as a " wholly owned subsidiary ". Share capital A corporation 's share capital , commonly referred to as capital stock in the United States, is the portion of a corporation's equity that has been derived by the issue of shares in the corporation to a shareholder, usually for cash . Share capital may also denote the number and types of shares that compose a corporation's share structure. In accounting ,

207-428: Is to own stock of other companies to form a corporate group . In some jurisdictions around the world, holding companies are called parent companies , which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders , and can permit the ownership and control of a number of different companies. The New York Times uses

230-473: The Companies Act 2006 at section 1159. It defines a holding company as a company that holds a majority of the voting rights in another company, or is a member of another company and has the right to appoint or remove a majority of its board of directors, or is a member of another company and controls alone, pursuant to an agreement with other members, a majority of the voting rights in that company. After

253-1069: The USAR Hooters Pro Cup , the ECHL , playoffs in the Indoor Football League , and the American Hockey League 's all star game. America One syndicated many of these broadcasts to various regional sports networks in the US (usually, those not part of the Fox Sports Net family). America One also carried tape-delayed broadcasts of the English Premier League , specifically Bolton Wanderers and Everton . America One also showed Midwest -based Victory Fighting M.M.A. Usually, those events were on tape delay. In 1999, America One broadcast NWA Wildside pro wrestling. America One had broadcast rights to several rugby league organizations. From 2010

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276-613: The financial crisis of 2007–2008 , many U.S. investment banks converted to holding companies. According to the Federal Financial Institutions Examination Council 's website, JPMorgan Chase , Bank of America , Citigroup , Wells Fargo , and Goldman Sachs were the five largest bank holding companies in the finance sector, as of December 2013 , based on total assets. The Public Utility Holding Company Act of 1935 caused many energy companies to divest their subsidiary businesses. Between 1938 and 1958

299-427: The 2000s; this ended prior to the 2010 season , with NFL Network taking over U.S. broadcast rights; as of 2014, ESPN holds those rights. In 2012, America One became the first American network to broadcast a Nippon Professional Baseball (NPB) game ( Hiroshima Toyo Carp home game) on tape delay. Affiliates received four minutes per hour for ads and end breaks while having to secure cable carriage themselves. One of

322-455: The United Kingdom, is generally held that an organisation holding a 'controlling stake' in a company (a holding of over 51% of the stock) is in effect the de facto parent company of the firm, having overriding material influence over the held company's operations, even if no formal full takeover has been enacted. Once a full takeover or purchase is enacted, the held company is seen to have ceased to operate as an independent entity but to have become

345-492: The allegedly wrongful activity of their foreign subsidiaries means that the corporate veil is no longer a silver bullet to the heart of a plaintiff's case." The parent subsidiary company relationship is defined by Part 1, Section 5, Subsection 1 of the Companies Act, which states: 5.—(1) For the purposes of this Act, a corporation shall, subject to subsection (3), be deemed to be a subsidiary of another corporation, if — In

368-505: The constituents that make up a company's real share capital: This is differentiated from share capital in the accounting sense, as it presents nominal share capital and does not take the premium value of shares into account, which instead is reported as additional paid-in capital. Legal capital is a concept used in European corporate and foundation law , United Kingdom company law , and various other corporate law jurisdictions to refer to

391-571: The number of holding companies declined from 216 to 18. An energy law passed in 2005 removed the 1935 requirements, and has led to mergers and holding company formation among power marketing and power brokering companies. In US broadcasting , many major media conglomerates have purchased smaller broadcasters outright, but have not changed the broadcast licenses to reflect this, resulting in stations that are (for example) still licensed to Jacor and Citicasters , effectively making them such as subsidiary companies of their owner iHeartMedia . This

414-561: The predominantly Britain-based Super League matches were shown live (rights to that league have since transitioned to Fox Sports 2 (then called Fuel TV) in 2013) in addition to Australasia's National Rugby League games. They also showed the American National Rugby League Grand final. Historically, America One had a longstanding partnership with the Canadian Football League that lasted through much of

437-413: The share capital of a corporation is the nominal value of issued shares (that is, the sum of their par values , sometimes indicated on share certificates). If the allocation price of shares is greater than the par value, as in a rights issue, the shares are said to be sold at a premium (variously called share premium , additional paid-in capital or paid-in capital in excess of par). This equation shows

460-471: The stations that was affiliated with America One was KPDC-LP . From 2010 to 2015, it was owned and operated by One Media Corp, based in Dallas, Texas , which also operates Holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose

483-540: The stock of Company B, Company A will not pay taxes on dividends paid by Company B to its stockholders, as the payment of dividends from B to A is essentially transferring cash within a single enterprise. Any other shareholders of Company B will pay the usual taxes on dividends, as they are legitimate and ordinary dividends to these shareholders. Sometimes, a company intended to be a pure holding company identifies itself as such by adding "Holding" or "Holdings" to its name. The parent company–subsidiary company relationship

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506-511: The term parent holding company . Holding companies can be subsidiaries in a tiered structure . Holding companies are also created to hold assets such as intellectual property or trade secrets , that are protected from the operating company. That creates a smaller risk when it comes to litigation . In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits such as tax-free dividends can be claimed. That is, if Company A owns 80% or more of

529-490: Was reported in September 2014 that One Media Corp had sold America One to Center Post Networks, LLC, owner of Youtoo TV. The sale was finalized sometime in spring 2015, with Center Post Networks merging the two networks, resulting in both networks being replaced by YTA TV . The sports assets were not included in the merger, as those had been spun off to One World Sports , then to Eleven Sports Network in 2017. America One aired

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