The Yankee Entertainment and Sports Network ( YES ) is an American pay television regional sports network owned by Yankee Global Enterprises (the largest shareholder with 26%), Diamond Sports Group (which owns 20%), Amazon (which owns 15%), and The Blackstone Group , RedBird Capital and Mubadala Investment Company , which each own 13%. Primarily serving New York City , New York and the surrounding metropolitan area , it broadcasts a variety of sports events, as well as magazine, documentary and discussion programs; however, its main emphasis is focused on games and team-related programs involving the New York Yankees of Major League Baseball (owned by minority partner Yankee Global), and the NBA 's Brooklyn Nets .
185-621: YES Network's offices are based at the Metlife Building in Midtown Manhattan . YES programs, including Yankees and Nets pre- and post-game shows, are produced in studios that are located in Stamford, Connecticut . The channel is available on cable and IPTV providers in New York, New Jersey , Connecticut and parts of Pennsylvania ; it is available nationally on some cable systems (as part of
370-566: A duopoly owned by Fox Television Stations (whose sister company, the Fox network, owns broadcast rights to most games from the Giants home conference, the National Football Conference ). YankeeNets also maintained a similar relationship with English football club Manchester United . YES broadcast tape-delayed and classic United games produced by the team-owned Manchester United TV in
555-586: A supermarket tabloid , and in 1976 it purchased the New York Post from Dorothy Schiff for $ 31 million. In 1984, News Corp acquired the Chicago Sun-Times from Field Enterprises (later sold in 1986 to the American Publishing Company subsidiary of Canada-based Hollinger ) for $ 90 million and Travel Weekly and other trade magazines from Ziff Davis . In March 1985, News Corp bought
740-403: A "modest" redesign, the new plans were a radical change from Roth's 1958 plan, calling for a 55-story octagonal tower parallel to 45th Street, with 2.4 million square feet (220,000 m ) of space. The Roth firm said the octagonal massing could absorb "different planes of light as on a diamond", while Gropius said the new alignment was easier for air conditioning. The octagonal building
925-443: A 1980s renovation by Warren Platner , some 15,000 square feet (1,400 m ) of retail space were constructed in the lobby. Also installed was a staircase at the center of the lobby on 45th Street, which consisted of alternating travertine and gray-granite risers . The staircase ranged from 10 feet (3.0 m) wide at the ground floor to 20 feet (6.1 m) at an intermediate landing, where it split into two flights and reached
1110-1028: A 20% stake in 1994 for $ 200 million), for $ 2.48 billion in stock and was completed on January 22, 1997. On October 7, 1996, the Fox Entertainment Group launched the Fox News Channel , a 24-hour cable news network to compete against Time Warner 's rival channel CNN . In 1999, News Corporation significantly expanded its music holdings in Australia by acquiring the controlling share in a leading Australian-based label, Michael Gudinski 's Mushroom Records , merging it with already held Festival Records to create Festival Mushroom Records (FMR). Both Festival and FMR were managed by Rupert Murdoch's son James Murdoch for several years. Also mid 1999, The Economist reported that News Corp paid comparatively lower taxes, and Newscorp Investments specifically had made £11.4 billion ($ 20.1 billion) in profits over
1295-605: A 34% stake in Hughes Electronics (now DirecTV Group ), operator of the largest American satellite TV system, from General Motors for US$ 6 billion. DirecTV was sold to Liberty Media in 2008 in exchange for its stake in News Corporation. In January 2005, shortly after reincorporation in the United States, News Corporation announced that it was buying out Fox Entertainment Group . The manoeuvre delisted Fox from
1480-680: A 50% stake in TCF Holdings, the holding company of the movie studio 20th Century Fox from Marc Rich for $ 162 million, and later acquired the remaining stake from Marvin Davis in September for $ 325 million. Two months after the acquisition of the 50% stake in TCF Holdings, on May 6, 1985, News Corp announced it was buying the Metromedia television stations and its syndication arm Metromedia Producers Corporation from John Kluge for $ 3.5 billion, setting
1665-561: A 63.6% stake of the Hong Kong-based STAR TV satellite network from Pearson for over $ 500 million, followed by the purchase of the remaining 36.4% in July 1995. Murdoch declared that: (Telecommunications) have proved an unambiguous threat to totalitarian regimes everywhere ... satellite broadcasting makes it possible for information-hungry residents of many closed societies to bypass state-controlled television channels. In 1995,
1850-582: A billionaire cable veteran, who in total had a 40% share of the channel. The YES Network launched at noon on March 19, 2002, with a half-hour introductory show. The first game broadcast on YES was an exhibition game against in which the New York Yankees faced the Cincinnati Reds at 7 PM on the same day. At its launch, YES was available on DirecTV and to subscribers of all major New York area cable providers except Cablevision which would refuse to add
2035-489: A bronze bust depicting the building's developer, Erwin S. Wolfson. The MetLife Building was designed with a six-level parking garage with room for 400 cars. The garage contains entrances and exits from both roadways of the Park Avenue Viaduct. According to owner Tishman Speyer , as of 2021 , the building's garage contains 248 spots across four levels. A variety of commercial and office spaces were included in
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#17328443057332220-551: A collective 600,000 square feet (56,000 m ) in Grand Central City were announced immediately after the final design was announced in February 1959. A contract for 40,000 short tons (36,000 long tons; 36,000 t) of structural steel was awarded to U.S. Steel 's American Bridge division that May; at the time, the contract was reportedly the most expensive ever awarded for an office building. Ruderman finalized his plans for
2405-537: A contract with Dow Jones to provide content and services to the network, the Fox Entertainment Group officially launched the Fox Business Network on October 15, 2007. Alexis Glick, the network's original morning show host and vice president of business news, indicated that its lawyers had reviewed the details of Dow Jones' contract with CNBC, but noted that it would still "actively use" other Dow Jones properties. In September 2009, News Corp established NewsCore,
2590-616: A controlling interest in The News . News Limited operates today as News Corporation's Australian brand and includes ownership of The Australian , operating out of Surry Hills , in Sydney . News Ltd. made its first acquisition in the United States in 1973, when it purchased the San Antonio Express and News (the two papers merged in 1984). Soon afterwards it founded the National Star ,
2775-643: A designated sports tier), via satellite on DirecTV , and regionally on Frontier , AT&T U-verse , Verizon Fios , and Cox Communications . YES is the product of a holding company founded in 1999 called YankeeNets , created out of a merger of the business operations of the Yankees and the New Jersey Nets. One of the reasons behind the operational merger was to allow both teams to gain better leverage over their own broadcast rights; each party believed that it would obtain better individual deals, if they negotiated
2960-597: A global wire service set up to provide news stories to all of News Corp's journalistic outlets. In April 2010, News Corporation sold Bulgarian broadcaster bTV , which it launched on 1 June 2000, as part of a deal to Central European Media Enterprises (CME) for $ 400 million in addition to another $ 13 million for working capital adjustment. The deal included cable channels bTV Comedy and Btv Cinema and News Corporation's 74% stake in Radio Company CJ which included five radio stations. In September 2010, due to
3145-591: A musical program to complement Flight , consisting of ten loudspeakers, which would have played works by Muzak whenever people walked in and out of the lobby. Lippold canceled the idea and management instead agreed to play classical music in the lobby. At the Pan Am Building's opening, the entrance from the Main Concourse was topped by Manhattan , a 28-by-55-foot (8.5 by 16.8 m) mosaic mural of red, white, and black panels by Josef Albers . That work
3330-524: A new main ticket office at 45th Street and Vanderbilt Avenue, in September 1960. In an indication of the widespread interest surrounding this lease, the mayor and the governor of New York both congratulated Grand Central City's builders after the lease was signed. Following this, Pan Am hired Ivan Chermayeff to design the building's signage. Grand Central City officially became known as the Pan Am Building in December 1960, after its major lessee. Signs bearing
3515-495: A permit for the heliport. The New York City Board of Estimate gave final approval to the heliport in January 1965, and test flights began that March, amid continued opposition to the heliport. Helicopter service started on December 22, 1965. The service was operated by New York Airways , which flew Vertol 107 helicopters from the rooftop helipad to Pan Am's terminal at John F. Kennedy International Airport (JFK). There
3700-617: A result of RedBird Capital Partners along with Yankee Global Enterprises acquiring the club on August 30, 2022. In June 2024, Willow announced that it had sublicensed MI New York Major League Cricket matches to YES Network for the 2024 season. Since the network's launch in 2002, longtime Yankee Stadium public address announcer Bob Sheppard has served as a continuity announcer for YES' network identifications and programming schedules. Recordings of Sheppard are still used occasionally even though Sheppard died in 2010. Ian Eagle also sometimes provides continuity for on-air promotions during
3885-405: A result of the incident, and both New York Airways and Pan Am suffered financially in subsequent years. During its short periods of operation, the heliport was largely perceived as a nuisance and danger, but its presence was also seen as satisfying what David W. Dunlap described as "the consummate technological fantasy of airborne travel through skyscraping pinnacles". A central telephone office
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#17328443057334070-526: A sports channel valued as high as $ 2.4 billion. Cablevision sued considering its valuing as "outlandish" to block the channel. In April 2001, the suit was settled such that in June 2001, YankeeNets paid MSG to take the Yankees' TV rights in-house. IMG had been replaced by other investors, Goldman, Sachs & Company , the Quadrangle Group , Leo Hindery Jr. , chief executive of the network, and Amos Hostetter Jr.,
4255-699: A steel framework spanning the tracks. Wolfson hired James D. Landauer Associates Inc. to handle leasing at the proposed building, negotiating directly with tenants' brokers. Wolfson found Roth's revised plan to be unsatisfactorily modest for such a prominent site. He said in the New York Herald Tribune that he wanted to "avoid adding just another massive shape to an already developed midtown business community". In July 1958, architects Walter Gropius and Pietro Belluschi were announced as co-designers for Grand Central City. Wolfson expressed his hope that Gropius and Belluschi, both prominent architects in
4440-429: A total capacity of 5,000; an open-air restaurant on the seventh floor; and a 2,000-spot parking garage. The New York Central and New Haven railroads were guaranteed at least $ 1 million a year from the agreement. Despite the presence of tracks under the building site, Wolfson said a survey of the site had "no insurmountable problems". James Ruderman, the building's structural engineer, had drawn up preliminary plans for
4625-552: A use" that was allowed before the zoning laws were changed. 200 Park Avenue was built atop two levels of railroad tracks underground, which feed directly into Grand Central Terminal. The substructure of the building uses foundational columns that extend into the track levels, descending some 55 feet (17 m) below street level into the underlying bedrock. The substructure includes more than 300 columns, each 18.5 inches (470 mm) across and clad with 2 inches (51 mm) of concrete. Ninety-nine columns were built specifically for
4810-423: A wider agenda by distributing the keys to rival set-top box operators and seeking to obtain phone records of suspected rivals. The emails were from the hard drive of NDS European chief Ray Adams. In 2012, it was also revealed that Australian Federal police were working with UK police to investigate hacking by News Corp. On June 28, 2012, Rupert Murdoch announced that, after concerns from shareholders in response to
4995-445: A width of 30 feet (9.1 m) at the mezzanine. There were four triangular planters at the bottom of the staircase, which complemented an orange carpet with flower motifs at the mezzanine. The lobby also contained unusual semicircular discs that were either mounted atop poles or suspended from the ceiling. In addition, a security desk was added and the storefronts were expanded. In an early-2000s renovation by Kohn Pedersen Fox ,
5180-437: A window measuring 4 feet (1.2 m) wide by 8 feet (2.4 m) high. The panels themselves measure 6 feet (1.8 m) wide by 13.67 feet (4 m) high and weigh 3,500 pounds (1,600 kg). Each panel is coated with a quartz aggregate to give texture to the facade. Vertical concrete mullions project about 13 inches (330 mm) from the facade, separating the panels on every story. Flat concrete spandrels separate
5365-534: Is a 1080i high definition simulcast feed of the network, which is carried on select cable providers (including Comcast , Altice USA , DirecTV , RCN , Charter Spectrum and Verizon FiOS ). As of 2019, YES is currently owned by YES majority owner Yankee Global Enterprises and before the Disney acquisition (Fox's SportsTime Ohio and other networks; all of those were acquisitions rather than Fox-launched networks) that transmitted their HD simulcasts in 1080i, rather than
5550-494: Is a 76-foot-wide (23 m) pedestrian passageway, enabling traffic flow between the Helmsley Building's pedestrian arcades and Grand Central Terminal. The 45th Street entrance to the passageway is set back 65 feet (20 m) from the sidewalk. A 103-foot-wide (31 m) entrance arcade is placed on Vanderbilt Avenue, with the doorways set about 81 feet (25 m) back from the sidewalk there. The building's main office lobby
5735-509: Is a pedestrian passage to Grand Central's Main Concourse , a lobby with artwork, and a parking garage at the building's base. The roof also contained a heliport that operated briefly during the 1960s and 1970s. The MetLife Building's design has been widely criticized since it was proposed, largely due to its location next to Grand Central Terminal. Proposals for a skyscraper to replace Grand Central Terminal were announced in 1954 to raise money for
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5920-723: Is irrelevant and in the circumstances I feel it is proper for me to resign from News Corp, and apologize to those hurt by the actions of the News of the World." In 2012, following a BBC Panorama report, allegations were made that News Corp subsidiary NDS Group had used hackers to undermine pay TV rivals around the world. Some of the victims of the alleged hacking, such as Austar , were later taken over by News Corp and others such as Ondigital later went bust. NDS had originally been set up to provide security to News Corp's pay TV interests but emails obtained by Fairfax Media revealed they had also pursued
6105-520: Is only available in areas where YES is also featured on local cable. The service costs $ 24.99 per month or $ 239.99 a year, but was initially offered for an introductory price of $ 19.99 a month or $ 199.99 a year. In January 2024, YES Network established a streaming joint venture with the rival MSG Network known as Gotham Advanced Media and Entertainment (GAME); in August 2024, GAME announced a new streaming platform known as The Gotham Sports App, which subsumes
6290-460: Is placed at the second story, at the level of the viaduct. The lobby was also designed with plantings and a 40-foot-high (12 m) enclosed plaza. The lobby contains 18 escalators in total. Four escalators lead to the Main Concourse at the southern end of the passageway, while fourteen more lead from the passageway to the office lobby. Gropius was responsible for the original design of
6475-420: Is recessed behind the columns. The MetLife Building originally bore 15-foot-tall (4.6 m) "Pan Am" displays on its north and south facades and 25-foot-tall (7.6 m) globe logos on the east and west facades. This was swapped with neon "MetLife" displays to the north and south in 1992. These displays were changed again in 2017, being replaced with LED letters to conserve energy. The Pan Am Building
6660-481: The New York Post reported that the Yankees had invoked the right of first refusal to acquire YES in the event that the sale of Fox Sports Networks to was successful, formally bidding 9 days later in a joint deal with Blackstone Group to get the 80% stake back. The Yankees also appointed the Ontario Teachers' Pension Plan , RedBird Capital Partners , and Mubadala Investment Company to assist with their bid for
6845-447: The "7/7" bombings on London's transit system, family members of British troops killed overseas, Milly Dowler, a 13-year-old missing British girl who was later found dead, actor Hugh Grant and a lawyer representing the family of Princess Diana's lover at the inquest into her death. On July 13, 2011, News Corp withdrew its bid to purchase the final 61% stake in BSkyB after pressure from both
7030-594: The Chicago Cubs on a new regional network ), Amazon.com , and The Blackstone Group holding minority shares. Mubadala Development Company , a United Arab Emirates’ sovereign wealth fund, and RedBird Capital Partners were reported as minority investors. The deal closed on August 29, 2019. In April 2020 during the early onset of the COVID-19 pandemic in New York City , WCBS-TV briefly broadcast its local newscasts from
7215-812: The Columbus Clippers of the International League . Those games were produced locally in Columbus, Ohio . After the 2006 season, the Yankees ended their affiliation with the Clippers, and became affiliated with the Scranton/Wilkes-Barre RailRiders (formerly the Yankees and Red Barons). YES has only televised one RailRiders game, Masahiro Tanaka's minor league rehab start, the team also has local coverage within its Scranton / Wilkes-Barre market. Currently YES Network airs college athletic events from
7400-472: The Council on Tall Buildings and Urban Habitat gives a conflicting measurement of 10 base stories and 49 tower stories. Exterior planted areas were planned for the sidewalks and above the roof of the base. The tower stories' floor plates are designed in an elongated octagonal lozenge, with the longer axis running parallel to 45th Street. The north and south facades are divided into three broad segments, while
7585-552: The East End resulted in nightly battles outside the new plant. Delivery vans and depots were frequently and violently attacked. Ultimately the unions capitulated. In 1987, News Corp acquired the book publisher Harper and Row for $ 300 million, and later acquired the British book publisher William Collins, Sons in 1989 for $ 721 million, who later merged with Harper to form HarperCollins that same year. In 1988, News Corp acquired
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7770-714: The Fox television network). News Corp was established in 1980 by Rupert Murdoch as a holding company for News Limited . News Limited was founded in 1923 in Adelaide by James Edward Davidson , funded by the Collins House mining empire for the purpose of publishing anti-union propaganda; subsequently the controlling interest was bought by the Herald & Weekly Times . In 1949, Keith Murdoch took control of Adelaide's afternoon tabloid The News . When he died in 1952, his son Rupert inherited
7955-611: The Fox Entertainment Group and 20th Century Fox ) and Murdoch as CEO, was renamed 21st Century Fox . Murdoch remained chairman for both companies. Shareholders approved the split on June 11, 2013. On June 19, 2013, preliminary trading for the new News Corp on the Australian Securities Exchange commenced in preparation for the formal split that was finalized on June 28, 2013. Shareholders received one share of New News Corp for every four shares they owned of
8140-642: The Hayman Island off the coast of Australia. The events were private and secretive, there are no records available for the agenda or talks given at the conferences, and no uninvited journalists are permitted access. The 2006 event in Pebble Beach , California was led by Rupert Murdoch . According to a copy of the agenda leaked to the Los Angeles Times and other media accounts, issues discussed related from Europe to broadcasting and new media , terrorism to
8325-574: The Midtown Manhattan neighborhood of New York City , United States. Designed in the International style by Richard Roth, Walter Gropius , and Pietro Belluschi and completed in 1962, the MetLife Building is 808 feet (246 m) tall with 59 stories. It was advertised as the world's largest commercial office space by square footage at its opening, with 2.4 million square feet (220,000 m ) of usable office space. As of November 2022 ,
8510-475: The Modern style, would be able to help devise an "esthetic and functional design". Initially, Gropius and Belluschi were to serve a relatively minor advisory role. A week after being hired, Gropius suggested that the slab be oriented east–west, with a large plaza or courtyard in front of the tower, similar to the design of Lever House . Gropius also recommended that the building include a textured facade, rather than
8695-498: The New York Central Railroad and New York, New Haven and Hartford Railroad , the financially struggling railroads that operated the terminal. Subsequently, plans were announced for what later became the MetLife Building, to be built behind the terminal rather than in place of it. Work on the project, initially known as Grand Central City, started in 1959 and the building was formally opened on March 7, 1963. At its opening,
8880-496: The New York City Department of Buildings on November 24, 1959. Construction on the structure officially started two days afterward on November 26, and Cushman & Wakefield were named as leasing agents for Grand Central City the following month. This was followed by contracts for the building's soundproofing and elevators in February 1960. James Ruderman had devised engineering plans for five other structures above
9065-664: The New York Stock Exchange ; Fox had traded on the NYSE under the ticker FOX . In 2004, Murdoch set aside $ 2 billion and handpicked a team of young executives to look at possible ways to use the Web as a distribution platform. That team was composed of four rising stars: Ross Levinsohn, Adam Bain, Travis Katz , and Michael Kirby. The four became the backbone of what would become News Corp's digital division, Fox Interactive Media. Shortly after, in July 2005, News Corporation purchased
9250-651: The Northeast Conference . In 2024, YES also acquired rights to St. Bonaventure University men's and women's basketball , airing nine games split between the two squads on YES during the 2024–25 season. Previously, the network has also broadcast various college sports events including football and basketball games from the Ivy League , basketball games from the Big 12 Conference (through ESPN Plus ) and rebroadcasts of Notre Dame Fighting Irish football games. It also carried
9435-693: The Pennsylvania Railroad in 1968 to form the Penn Central Railroad. That year, Pan Am bought a 45 percent stake in the building from the estate of Jack Cotton, formerly chairman and co-owner of City Centre Properties. After Penn Central went bankrupt in 1970, it sought to sell its properties, including the land below the Pan Am Building. Among the building's tenants during this time was the United Brands Company (now Chiquita Brands International ), whose CEO, Eli M. Black , jumped from
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#17328443057339620-585: The Royal Family . Other allegations put out by The Guardian newspaper include the exploitation, with intent to gain access to or use private information, of a list of 4,332 names or partial names, 2,987 mobile phone numbers, 30 audio tapes of varying length and 91 PIN codes, of a kind required to access the voicemail of the minority of targets who change the factory settings on their mobile phones. The names are said to include those of British victims of September 11, 2001 terror attacks, family members of victims of
9805-525: The Sky Television satellite network in the UK, which incurred massive losses in its early years of operation, which (like many of its business interests) was heavily subsidised with profits from its other holdings until it was able to force rival satellite operator BSB to accept a merger on its terms in 1990. (The merged company, BSkyB , has dominated the British pay-TV market since.) In 1993, News Corp acquired
9990-584: The United States Chamber of Commerce . The Chamber aggressively supported the Republican effort to retake Congress in 2010. This donation and an earlier $ 1 million contribution that News Corporation made to the Republican Governor's Association led media critics to question whether the company had crossed an ethical line for a media company. News Corporation split up to 21st Century Fox and
10175-688: The Westinghouse Electric Corporation , Alcoa , the Hammermill Paper Company , National Steel Corporation , Kodak , the Reader's Digest Association , Mitsui , Chrysler , and the British Iron & Steel Corporation . The shops at the Pan Am Building's base were opened in August 1963. The tenant selection process was rigorous, as Cushman and Wakefield examining the services and goods sold by potential tenants: for example,
10360-559: The aspect ratio of its primary standard definition feed from full-screen to a letterboxed 4:3 format, which is a downconversion from the 16:9 high definition feed. The network's use of the AFD #10 broadcast flag to transmit its HD feed in this manner for broadcast in SD predates its use by other national cable networks such as Fox News Channel , ESPN and CNN . YES Network borrowed time on Cablevision's "iO TV 1300" service and on DirecTV to carry
10545-507: The national policy . The event included speeches from Murdoch, Actor and former governor of California Arnold Schwarzenegger , former British Prime Minister Tony Blair , Bono , Al Gore , Senator John McCain and Bill Clinton while Israel's President, Shimon Peres , appeared on a panel named "Islam and the West". Other notable attendees included Newt Gingrich and Nicole Kidman . The company's Board of Directors consisted of 17 individuals at
10730-535: The 2006 and 2007 seasons, Torre, who had been paid a fee by YES to give exclusive interviews after each Yankees game, ended his agreement with the network. YES now sends its reporter to the regular pre-game and post-game media sessions with other broadcast outlets. Metlife Building The MetLife Building (also 200 Park Avenue and formerly the Pan Am Building ) is a skyscraper at Park Avenue and 45th Street , north of Grand Central Terminal , in
10915-502: The 2012–13 Premier League season. Arsenal would get picked up by ONE World Sports while YES would gain partnership with Manchester City FC . In December 2014, YES announced it had acquired local broadcast rights to New York City FC of Major League Soccer , a subsidiary of Manchester City FC. Yankee Global Enterprises owns a 20% minority stake in the club, which is majority-owned by City Football Group . This continued until 2023, when all regional MLS broadcasts were abolished as part of
11100-400: The 44th story to his death on February 3, 1975. Pan Am was considering moving its headquarters from the building by 1978. That year, the airline bought the remaining 45 percent stake in the building from Wolfson, obtaining full ownership of the property. A Pan Am subsidiary, Grand Central Building Inc., acquired the underlying land for about $ 25 million (equivalent to $ 85 million in 2023)
11285-539: The Americas in New York City. Prior to its split in 2013, it was the world's largest media company in terms of total assets and the world's fourth largest media group in terms of revenue. It had become a media powerhouse since its inception, dominating the news, television, film, and print industries. News Corporation was a publicly traded company listed on the Nasdaq . Formerly incorporated in Adelaide , South Australia ,
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#173284430573311470-410: The Asia-Pacific sports network. On November 20, 2012, News Corporation announced that it would acquire a 49% stake in the regional sports network YES Network , owned by the Major League Baseball team New York Yankees . In January 2013, News Corp. attained 54.5% majority control of Sky Deutschland . On February 4, 2013, News Corporation announced the sale of IGN and its related properties to
11655-429: The Boston Red Sox' 2004 World Series championship win prior to its telecast of a Red Sox home game against the Yankees at Fenway Park . YES was roundly criticized for this move, including its decision to use a fixed camera shot focused tightly on correspondent Kimberly Jones as she described the events surrounding her in general terms. Yankees players not only witnessed the ceremonies, but graciously applauded them from
11840-418: The FBI opened a probe into the hacking of 9/11 victims. Les Hinton, chief executive of the media group's Dow Jones, resigned on July 15, saying, "I have seen hundreds of news reports of both actual and alleged misconduct during the time I was executive chairman of News International and responsible for the company. The pain caused to innocent people is unimaginable. That I was ignorant of what apparently happened
12025-408: The Fijian government's requirement that the country's media outlet must be 90% owned by Fiji Nationals, News Corporation sold 90% of their stake in their Fijian newspapers ( Fiji Times , Nai Lalakai , and Shanti Dut ) to Motibhai Group of Companies. In November 2010, News Corp purchased education technology and student progress tracking company Wireless Generation for $ 360 million. The company
12210-400: The Fox network became the object of scrutiny from the Federal Communications Commission (FCC) when it was alleged that its Australian base made Murdoch's ownership of Fox illegal. The FCC, however, ruled in Murdoch's favor, stating that his ownership of Fox was in the public's best interests. It was also noted that the stations themselves were owned by a separate company whose chief shareholder
12395-407: The Grand Central site could be redeveloped. After these discussions broke down, two competing plans for the replacement of Grand Central Terminal were proposed in 1954. One design, by I. M. Pei , was suggested by Young along with developer William Zeckendorf . The proposal called for an 80-story, 5-million-square-foot (460,000 m ) tower that would have succeeded the Empire State Building as
12580-450: The Labour and Conservative Parties in Parliament. Allegations about the violation of ethical standards by the News Corporation subsidiary News of the World have been speculatively applied to News Corporation holdings in the United States. Senator John Rockefeller (D-WV) stated on July 12, 2011, that there should be a government investigation into News Corporation "to ensure that Americans have not had their privacy violated." His statement
12765-513: The McGraw-Hill Media Summit that the Fox Entertainment Group would launch a new business news channel later in the year, which would compete directly against rival network CNBC . Murdoch explained that the channel would be more "business-friendly" than CNBC, because he felt that they "leap on every scandal, or what they think is a scandal." In July 2007, News Corp. reached a deal to acquire Dow Jones & Company , owners of The Wall Street Journal , for $ 5 billion. Despite CNBC already having
12950-518: The MetLife Building is the 42nd-tallest building in New York City and 88th-tallest in the United States . The Diesel Construction Company was the general contractor for the building; at the time of construction, Wolfson had owned that company. Numerous other engineers and contractors were involved in the building's construction, including Hideo Sasaki as site planning consultant and landscape architect; Jaros, Baum & Bolles as MEP engineers; and James Ruderman as structural engineer. From
13135-399: The MetLife Building remains one of the 100 tallest buildings in the United States . The MetLife Building contains an elongated octagonal massing with the longer axis perpendicular to Park Avenue. The building sits atop two levels of railroad tracks leading into Grand Central Terminal. The facade is one of the first precast concrete exterior walls in a building in New York City. In the lobby
13320-516: The Nets season, beginning in 2019, he was joined by Joe Tolleson, who until 2022 provided network continuity during NYCFC's season. YES2 is a gametime-only overflow feed of YES Network, which broadcasts select Nets games on rare occasions when the Nets and Yankees are scheduled to play at the same time. The feed is carried in both standard and high definition on most cable providers in the New York metropolitan area and nationwide on DirecTV. YES Network HD
13505-519: The New York City Council approved a measure to provide the Yankees public funding to build a new stadium. Simultaneously, Time Warner Cable moved business news channel Bloomberg Television to YES' former channel 30 slot, all while renegotiating its ten-year contract with Mayor Michael Bloomberg (owner of Bloomberg Television parent Bloomberg L.P. ) and the city of New York. In 2016, Comcast (who are part owners of Sportsnet New York) dropped
13690-443: The Pan Am Building was 92 percent rented and 70 percent occupied; by the first anniversary of its opening, the building was 97 percent leased with 241 tenants. This contrasted greatly with the smaller Empire State Building, which was only 25 percent rented when it opened and did not reach full occupancy for more than a decade afterward. At the time of its completion, the Pan Am Building was the largest commercial office development in
13875-405: The Pan Am Building when it opened. Pan Am , the airline for which the building was originally named, contained a ticketing office at 45th Street and Vanderbilt Avenue, similar in design to Eero Saarinen 's TWA Flight Center at JFK Airport. Office stories in the octagonal slab typically have between 32,000 to 36,000 square feet (3,000 to 3,300 m ) of usable space, with elevators and stairs at
14060-411: The Pan Am Building; these columns were installed within several inches of existing steel members such as third rails , but had to be isolated from the other steel. The new columns weighed between 22 and 44 short tons (20 and 39 long tons; 20 and 40 t). Approximately two hundred existing columns, which supported the former baggage building on the site, were reinforced. The work involved abridging
14245-541: The Park Avenue railroad tracks. As the Grand Central City site was impossible to excavate, the substructure had to be erected while the baggage building served as a staging area . Furthermore, as some materials would have to be delivered by railroad, material deliveries would be coordinated closely to avoid delays on the commuter rail lines entering Grand Central. Construction of the substructure commenced in May 1960, during which
14430-715: The Philadelphia-based Triangle Publications , publisher of the magazines TV Guide , Seventeen , and the Daily Racing Form for $ 3 billion. To raise money, the trade publications were sold to Reed International . By 1992, News Corp had incurred large debts, which forced it to sell many of the American magazine interests it had acquired in the mid-1980s to K-III Communications , as well spinning off long-held Australian magazines interests as Pacific Magazines . Much of this debt came from its stake in
14615-493: The United Kingdom, whose properties include The Times , The Sun , and the now-defunct News of the World (the subject of a phone hacking scandal that led to its closure in July 2011), Dow Jones & Company (an American publisher of financial news outlets, including The Wall Street Journal ), the book publisher HarperCollins , and the Fox Entertainment Group (then owners of the 20th Century Fox film studio and
14800-580: The Vanderbilt Avenue side, a marquee was installed over the entrance in the 1980s. The third through seventh stories are exclusively sheathed in granite, with window inserts. The eighth and ninth floors, which are slightly set back, are clad in aluminum. The 10th through 59th stories of the MetLife Building contain one of the first precast concrete exterior walls in a building in New York City. The building includes about nine thousand light-tan precast concrete Mo-Sai panels, each of which surrounds
14985-523: The YES Network studio set due to the unavailability of the CBS Broadcast Center . In addition to live coverage of Yankees and Nets games, their respective pre-game and post-game shows and (as circumstances warrant) live press conferences , YES has produced various original programs, some of which have won local New York Emmy Awards . Other original programming featured on YES includes: Since
15170-537: The YES Network. The blackout ended on March 31, 2017, just in time for the start of the 2017 New York Yankees season . In 2003, Don Zimmer (then employed with the Yankees as a bench coach ) expressed criticism of team owner George Steinbrenner in interviews with certain local media outlets. After this came to light, it was later rumored that, in response, Steinbrenner ordered YES not to show Zimmer on-camera during its Yankee telecasts. In April 2005, YES declined to broadcast pre-game Opening Day festivities celebrating
15355-531: The Yankees and Nets games in 2006. In addition to game telecasts, the network now also broadcasts all of its studio shows in HD. All YES-produced Yankees and Nets game telecasts aired on WWOR-TV began broadcasting in HD in September 2006; however while the HD feed of the games is available to these outlets, the HD telecasts were not necessarily distributed to television stations outside of the New York City area that simulcast WWOR's game broadcasts. In April 2007, YES converted
15540-441: The Yankees would have to give them the right to match any new right agreement and show a judge that a third party was willing to purchase their rights and launch a channel. Thus, new YankeeNets CEO Harvey Schiller hired IMG to provide a valuation for the prospective YankeeNets sport channel. IMG came back with an offer to partner on the channel with a guaranteed rights fees of $ 838 million. In 2000, YankeeNets and IMG proposed forming
15725-543: The Yankees' game telecasts not available to the provider's game telecasts for an entire year; this led the New York state government to intervene and serve as negotiator for a temporary carriage agreement between YES and Cablevision. In 2003, the two sides eventually signed a long-term contract to carry the network on Cablevision's New York area systems. This situation was very similar to another lengthy dispute that Cablevision entered into with MSG Network, after that network assumed
15910-481: The airline. Amid high fuel costs and a lack of income from airfare, Pan Am decided in April 1980 that it would definitely sell the building. When the Pan Am Building officially went on the market in May 1980, Business Week magazine predicted that it might be sold for as much as $ 200 million (equivalent to $ 621 million in 2023) . The sale was so complex that Landauer Associates published a 65-page brochure just to describe
16095-443: The architects finalized plans for the entrances, lobbies, and facade lighting. Gropius was involved in all aspects of the building's design, from traffic flow to minor architectural details, which sometimes led to conflicts with the project's other architects and engineers. For example, he wanted the lobby's bronze details to contain a matte finish, and he requested that the elevator penthouse be no higher than 26 feet (7.9 m) above
16280-466: The area. Roth and Wolfson's plan was effectively forgotten in March 1955 when Zeckendorf was named the partner for any new development in the vicinity of Grand Central. Zeckendorf and Pei modified the blueprints for their 80-story tower but never publicly announced the revised plans. Unpublished drawings indicate that Pei's second design was supposed to be a hyperboloid -shaped tower. For various reasons,
16465-428: The beginning, the building was intended for large firms, with 2.4 million square feet (220,000 m ) in office floor area. In total, it has 2,841,511 square feet (263,985.0 m ) of gross floor area, according to The Skyscraper Center . The massing consists of a base and an octagonal tower. Contemporary sources describe the base as measuring nine stories tall, atop which rises 50 tower stories. However,
16650-402: The building contains NOAA Weather Radio Station KWO35, a National Weather Service radio station. Since 1990, there has also been a peregrine falcon nest on the building's roof. The initial plans for the Pan Am Building were altered in March 1961 to provide for a helipad on the east side of the roof. The helipad garnered controversy immediately after it was announced, and opponents of
16835-419: The building was named for Pan American World Airways , for which it served as headquarters. The Metropolitan Life Insurance Company (MetLife) bought the Pan Am Building in 1981 and used it as their headquarters before selling the building in 2005. The MetLife Building has been renovated several times, including in the mid-1980s, early 2000s, and late 2010s. The MetLife Building is at 200 Park Avenue , between
17020-504: The building would be worth twice as much as the Empire State Building . Wolfson and City Centre paid Kyle $ 50,000, which at the time was the highest single appraiser's fee ever recorded. The New York Central Railroad granted an 80-year lease for the air rights above the building, in exchange for a portion of the building's gross revenue. This agreement added about $ 6 million to the construction cost. Final plans were filed with
17205-460: The building would retain Pan Am's name until the airline ceased to be the building's anchor tenant. The sale was finalized in 1981 when Pan Am transferred stock in the building to MetLife, a move that let the airline avoid paying most of the estate transfer tax. Pan Am normally would have paid a $ 4 million tax, but it ultimately paid only $ 125. Cross & Brown assumed the responsibility of leasing
17390-481: The building's space. At the time, leases for much of the interior space were set to expire all at once during the early 1980s. Starting in 1984, MetLife renovated about half of the space as the original tenants' leases expired. The deteriorating lobby, used by 100,000 pedestrians a day, was extensively reconfigured by Warren Platner. In addition, some mechanical systems were upgraded to comply with building codes, and retail spaces were added. Asbestos fireproofing on
17575-438: The center, as well as uneven column spacing. This arrangement allows a large amount of window-office space for tenants, as each story contains 780 feet (240 m) of outer perimeter walls. Different companies with full-floor leases designed their spaces in various manners. Some tenants placed private offices along the perimeter, with important executive offices at the far corners of the story. Other tenants placed open spaces at
17760-511: The club shuttered. On the 57th and 58th stories was the Copter Club, which was used by passengers of the short-lived helicopter service. By the 1950s, passenger volumes at Grand Central Terminal had declined dramatically from the early 20th century, and there were proposals to demolish and replace the station. The New York Central Railroad was losing money, partially on paying taxes on the building's air rights . New York Central wanted to sell
17945-632: The coaches' shows of Notre Dame and the Penn State Nittany Lions . In 2011, YES aired live broadcasts of college basketball games involving the Fordham University . YES also aired college football and basketball games from the ACC on Regional Sports Networks produced by Raycom Sports . In 2000, YankeeNets entered into a marketing agreement with the New York Giants ; this included awarding YES
18130-653: The company was re-incorporated under Delaware General Corporation Law after a majority of shareholders approved the move on November 12, 2004. News Corporation was headquartered at 1211 Avenue of the Americas , New York, in the newer 1960s–1970s corridor of the Rockefeller Center complex. On June 28, 2012, after concerns from shareholders in response to its recent scandals and to "unlock even greater long-term shareholder value", founder Rupert Murdoch announced that News Corporation's assets would be split into two publicly traded companies, one oriented towards media, and
18315-407: The company's name or logo were placed atop the four major facades. Originally, Trippe had wanted signs with the name "Pan Am" on all eight facades, but this was scaled down after Gropius objected that the large number of signs would decrease "the dignity of the building". The Pan Am Building's developers secured a $ 70 million mortgage loan and a $ 65 million construction loan during January 1961. At
18500-511: The company's ownership interest from 49% to 80%. In 2014, the YES Network announced an average 223,000 households in Yankees game broadcasts. On May 14, 2017, YES Network aired Derek Jeter 's number retirement ceremony. It got an average 724,000 viewers and a 5.79 rating in the New York City area, the highest non-game program for the network. On December 14, 2017, The Walt Disney Company (which owned ABC owned-and operated station WABC-TV ) announced plans to acquire 21st Century Fox following
18685-518: The company's preferred 720p format. When it launched in mid-July 2004, YES HD initially only televised all Yankees home games, as well as away games involving the New York Mets and Boston Red Sox , in high definition. In 2005, YES began televising all Yankees games played east of the Mississippi River in high definition, with the network's HD telecasts expanding to encompass virtually all of
18870-720: The current incarnation of News Corporation on June 28, 2013. All media and broadcasting assets, except media assets owned by News Limited , now belong to The Walt Disney Company and Fox Corporation , the legal successors to News Corporation (and 21st Century Fox). Meanwhile, newspapers and other publishing assets, including media assets under News Limited , were spun off as a new News Corp. News Corp agreed to sell eight of its television stations to Oak Hill Capital Partners for approximately $ 1.1 billion as of December 22, 2007. The stations are US Fox affiliates. These stations, along with those already acquired by Oak Hill that were formerly owned by The New York Times Company , formed
19055-485: The design, had agreed to participate only if the office building would not result in the passenger concourse's demolition. The plans were widely circulated in the New York Herald Tribune , The New York Times , and The Wall Street Journal . The proposal garnered significant opposition after architect Giorgio Cavaglieri expressed concerns about the effects of the proposed building on traffic congestion in
19240-573: The divestiture of certain assets. While it originally included the Fox Sports Networks chain and YES Network, the Department of Justice ordered that they be sold on antitrust grounds due to Disney's ownership of ESPN . Bloomberg News reported that the sale of stakes in YES to Fox contained a clause giving the Yankees rights to buy them back in the event of a change in ownership. On November 11, 2018,
19425-525: The early 2000s, YES and NBA TV also both aired reruns of the basketball-centered drama series The White Shadow . The network also previously aired This Week in Baseball during the week throughout the Major League Baseball regular season, following each episode's original Saturday broadcast on Fox. The network had previously carried Major League Baseball: An Inside Look during the week throughout
19610-510: The exclusive rights to the NFL franchise's magazine programs (including Giants Online and Giants on Deck , which continued to air on the network after the YankeeNets breakup). The Giants' relationship with YES Network ended in 2007, at which time its team-related programming moved to Fox owned-and-operated station WNYW (channel 5) and MyNetworkTV owned-and-operated station WWOR-TV (channel 9),
19795-478: The existing streaming platforms of both MSG and YES. Both the YES DTC service and MSG Network's MSG+ are carried via the platform as individual subscriptions, with bundle offers for both to also be available. At its launch, YES became embroiled in a carriage dispute with Cablevision (which attempted to purchase the Yankees in 1998 and carried the team's games on MSG Network at the time of the channel's launch), leaving
19980-467: The firm's vice president got haircuts from each of the six applicants for the lobby barbershop. Furthermore, average rents in the Pan Am Building were about $ 6.75 per square foot ($ 72.7/m ), slightly higher than the average of $ 5.25 to $ 6 per square foot ($ 56.5 to $ 64.6/m ) in other Midtown Manhattan buildings. Although the Pan Am Building's completion averted the terminal's imminent destruction, New York Central had experienced further decline, merging with
20165-597: The first baseball game ever transmitted in 3D on July 10 and 11, 2010, when the Yankees faced the Seattle Mariners ; the 3D telecast of the game was also distributed to other cable providers. YES Network maintains a national feed available to select cable providers outside of the New York City market – including Spectrum (as well as areas once served by Bright House Networks (on its systems in Tampa and Orlando ), Verizon FiOS (in certain markets). The feed does not include
20350-444: The following year as part of a legal settlement with Penn Central. The airline sustained large financial losses during the early 1980s recession , leading it to announce in February 1980 that it was considering selling the building. About half the leases were scheduled to expire in three or four years. Many lessees were exempt from paying the building's operating costs, which made the Pan Am Building only marginally profitable for
20535-452: The framework in September 1959. The next month British firm City Centre Properties invested $ 25 million and took a half interest in Grand Central City's development, covering part of the project's $ 100 million cost. It was the first British–American joint venture for a real estate development in the United States. Gordon I. Kyle, an appraiser who had calculated the valuations of more than two-thirds of Manhattan's skyscrapers, concluded that
20720-518: The growth of the competing social network Facebook . The deadline for bids, May 31, 2011, passed without any above the reserve price of $ 100 million being submitted. The rapid deterioration in Myspace's business during the most recent quarter had deterred many potent suitors. Later in June, Specific Media and pop singer Justin Timberlake bought the site for $ 35 million, which CNN reported noted
20905-514: The heliport. For a short period starting in March 1967, the company also offered service to Teterboro Airport . All helicopter service stopped on February 18, 1968, because of insufficient ridership, as well as disagreements over funding. Though discussions to restart helicopter service were held in 1969, approval was not given until early 1977. Service to JFK resumed that February using Sikorsky S-61s . On May 16, 1977, about one minute after an S-61L landed and its 20 passengers disembarked,
21090-577: The hyperboloid tower never progressed past the planning stage. The building had faced extensive criticism from both professionals and the general public; the railroads faced significant financial shortfalls; and the economy as a whole had started to decline, leaving Zeckendorf unable to finance the project. Meanwhile, traffic around Grand Central Terminal worsened in the late 1950s. In January 1958, representatives of an unnamed large company, who were unaware of Grand Central City's cancellation, notified Stuart Scheftel that they were interested in leasing space in
21275-535: The last part of the Pan Am Building to be completed, was built with cheap materials such as restroom tiles because the builders had run out of money toward the project's completion. The as-yet-incomplete Pan Am Building was formally opened on March 7, 1963, with a ceremony attended by British and American officials, and tenants started moving into the structure the following month. The building had secured tenants for 91 percent of its office space upon opening, in large part to its central location. Within three months,
21460-569: The league's agreement with Apple Inc. YES also acquired the local broadcast rights to the WNBA 's New York Liberty in 2019 after the team was sold by the Madison Square Garden Company to Brooklyn Nets minority owner Joseph Tsai . In August 2022, it was announced that the YES Network would start airing AC Milan soccer matches in Serie A , Coppa Italia and The UEFA Champions League as
21645-410: The league's regular season. As part of a multi-year agreement with MP & Silva, YES aired tape delayed broadcasts of Premier League , FA Cup and UEFA Champions League matches involving Arsenal F.C. In addition to airing Arsenal matches, the network aired select archived match telecasts, as well as the team's magazine shows, Arsenal World and Arsenal 360 . This agreement ended at the start of
21830-415: The lobby received tile and black travertine floors, the storefronts were moved to the side, and the central staircase was removed. The storefronts were removed in the late 2010s, when the lobby was re-clad in light-colored travertine. The renovated lobby has an oak-floored reception lounge overlooking the entrance. The Pan Am Building's lobby was planned with several works of art, which comprised most of
22015-428: The lobby, which was largely austere. The building's original anchor tenant, Pan Am, had a ticket office under a 25-foot-wide (7.6 m) niche off the main lobby, measuring 135 feet (41 m) long and 11 feet (3.4 m) high, with circular counters and a wall with a relief map of the world. It was the world's largest airline ticket office at the time of its opening, covering 10,000 square feet (930 m ). During
22200-498: The manufacturer of the Mo-Sai panels declared bankruptcy, forcing Diesel Construction to buy out that company to prevent delays in construction. The facade is recessed at the 21st and 46th stories, where there is mechanical space. These recesses create the impression of deep shadows. Both mechanical stories are surrounded by a colonnade of columns, which are spaced 16 feet (4.9 m) apart on centers. The precast concrete curtain wall
22385-420: The mechanical stories at the 21st and 46th floors, dispersing air to the other floors, and two individual air supply systems were placed on each story. The ventilation systems could deliver 5,000,000 cubic feet (140,000 m ) every minute. The pipes and ducts had to serve all the building's floors, with an electrical system and water pressure system capable of serving all the building's stories. At ground level
22570-587: The metal-and-glass curtain walls commonly used by the Roth firm in its previous buildings. Gropius modified the plans in mid-1958; the facade would use simulated stone, the large plaza was dropped from the plans, and the tower was moved northward to 45th Street. That October, Wolfson traveled to Europe to study buildings and gain inspiration for the building's design. Gropius and the Roth firm continued to modify their design through early 1959. The revised final plans were announced in February 1959. While Wolfson had promised
22755-465: The network for the 2002 season (see below). The first regular season game broadcast on YES was played on April 1 against the Baltimore Orioles . In late 2003, the Yankees and Nets decided to part ways, with the Nets being sold to a group led by real estate developer Bruce Ratner . The sale did not include the Nets' ownership stake in YES (NJ Holdings), which remained with the pre-merger owners of
22940-482: The network was put up for sale. In November 2012, News Corporation agreed to terms on acquiring a 49% stake in YES. As a consequence, each of the network's previous owners had their ownership stakes reduced. As a result of the sale to Fox, the Yankees agreed to keep their games on the network through 2041, which would be the network's 40th year of existence. News Corporation's interest in YES was transferred to 21st Century Fox (owned by Rupert Murdoch , who also remained
23125-520: The network's debut, YES has aired select telecasts of the Yankees' minor league farm teams, primarily the Class-A (short season) Staten Island Yankees of the New York–Penn League . Those games are produced by YES, utilizing the same graphics and announcers as seen during game telecasts of the major league Yankees. From 2002 to 2006, YES also broadcast games from the Yankees' former Class-AAA team,
23310-430: The network's earlier days. The YES Network also produces Yankees game broadcasts shown on Amazon Prime Video using the same on-air talent seen on the cable network. From 2002 to 2004, WCBS-TV carried the Yankees broadcasts, with WWOR taking over those rights later. WLNY-TV held the local broadcast television rights to the Nets but no longer does. The Yankees package was also simulcast on other television stations in
23495-536: The network's former parent Paramount Communications ), which had held the broadcast rights to the Yankees since 1989. This led to monopoly -like tactics, including the shift of some games to the cable-exclusive MSG Metro Channels , which had very limited distribution as Cablevision, Comcast and Time Warner Cable routinely fought over carriage agreements. Cablevision attempted to buy the Yankees outright, but could not agree to acceptable terms with George Steinbrenner and his partners. To exit its MSG/Cablevision deal,
23680-443: The network's live game telecasts (with alternate programming airing in their place), however it does carry the pre-game and post-game shows that bookend Yankees and Nets games aired by YES within the market. This feed differs from the satellite feed of the network available on DirecTV , in which Yankees and/or Nets games can be viewed outside of the teams' markets through a subscription to MLB Extra Innings and/or NBA League Pass and
23865-421: The network. Amazon , who was expected to bid for other FSN networks, instead bid for the 80% stake that Yankees want back, desiring to provide streaming services for the network. On March 8, 2019, Fox News reported that the Yankees had reached a deal to re-purchase Fox's share in the network for $ 3.5 billion, with Sinclair (who ended up being the final suitor for Fox Sports Networks, and is also collaborating with
24050-441: The new building. Upon learning of the news, Young placed Scheftel in contact with his real estate agent. Although Young died by suicide shortly afterward, the remaining partners continued working on the project. A revised version of Roth's plan was announced in May 1958. The plan called for a 50-story aluminum and glass tower parallel to Park Avenue, with 3 million square feet (280,000 m ) of floor area; three theaters with
24235-665: The northwest; 450 Lexington Avenue to the east; and the Graybar Building to the southeast. The building is assigned its own ZIP Code —10166—and is one of 41 such buildings in Manhattan, as of 2019 . In 1871, the New York Central Railroad built the Grand Central Depot , a ground-level depot at the intersection of Park Avenue and 42nd Street ; it was succeeded in 1900 by Grand Central Station , also at ground level. The completion of Grand Central Terminal in 1913 resulted in
24420-406: The octagonal shape and exterior curtain wall to reduce the building's perceived sense of scale. The facade of the first two stories and mezzanines is clad with granite, aluminum, marble, and stainless steel with glass windows. On Depew Place, an alley running below the eastern leg of the Park Avenue Viaduct, fifteen loading docks were constructed for trucks to conduct deliveries and loading. On
24605-488: The office stories was removed in advance of an anti-asbestos regulation passed by the city government in 1985. The lobby renovation had been completed by 1987 at a cost of $ 15 million. News Corporation The original incarnation of News Corporation (abbreviated News Corp. and also variously known as News Corporation Limited ) was an American multinational mass media corporation controlled by media mogul Rupert Murdoch and headquartered at 1211 Avenue of
24790-783: The old News Corp. The two new companies began trading on the Nasdaq on July 1, 2013. 21st Century Fox and most of its businesses were later acquired by the Walt Disney Company in March 2019; its U.S. broadcasting, sports, and news assets were spun-off to Fox Corporation , which would be retained under Murdoch ownership. The key trends for News Corporation are (as of the financial year ending June 30): News Corporation organized an annual management conference, discussing media issues related to geopolitics . Attendees included News Corporation executives, senior journalists, politicians and celebrities. Previous events were in Cancún , Mexico, and
24975-437: The original lobby's decoration. One such artwork is Flight, a triple-story wire sculpture by Richard Lippold . The sculpture contains a sphere, representing the earth; a seven-pointed star, representing the seven continents and seas; and gold wires representing aircraft flight patterns. It measures 80 feet (24 m) wide, and 40 feet (12 m) deep. The composer John Cage , a friend of Lippold's, had initially proposed
25160-507: The other towards publishing. The formal split was completed on June 28, 2013; the original News Corp. was renamed 21st Century Fox and consisted primarily of media outlets, while a new News Corporation was formed to take on the publishing and Australian broadcasting assets. Its major holdings at the time of the split were News Limited (a group of newspaper publishers in Murdoch's native Australia), News International (a newspaper publisher in
25345-467: The owner of News Corporation), when the former company spun off its U.S. entertainment holdings into a separate company in July 2013. In September 2013, rights to Fox Sports Networks ' national programming (previously held by MSG Plus , which had previously operated as FSN New York) were transferred to YES. On January 25, 2014, 21st Century Fox became the network's majority owner by purchasing an additional 31% share of YES Network from someone, increasing
25530-606: The plan cited noise and safety concerns. The heliport's opening required approval from the Federal Aviation Administration (FAA), the city government, and the Port Authority of New York and New Jersey . Lawyers for the building's owners applied for permission to operate the heliport in August 1963, and the New York City Planning Commission confirmed in early 1964 that the owners had sought
25715-558: The plans. Neither plan was ultimately ever carried out. Though the New Haven and New York Central continued to struggle financially, both railroads agreed to work with Wolfson, the New Haven's developer. In February 1955, Wolfson, the Scheftels, and Alfred G. Burger proposed a 65-story tower called Grand Central City, which would replace a six-story baggage structure north of the terminal. Richard Roth of Emery Roth and Sons , who created
25900-445: The previous 11 years but had not paid net corporation tax. It also reported that after an examination of the available accounts, Newscorp could normally have been expected to pay corporate tax of approximately $ 350 million. The article explained that in practice, the corporation's complex structure, international scope, and use of offshore tax havens allowed News Corporation to pay minimal taxes. In late 2003, News Corp acquired
26085-530: The production process of its British newspapers, over which the printing unions had long dominated. A number of senior Australian media moguls were brought into Murdoch's powerhouse, including John Dux, who was managing director of the South China Morning Post . This led to a confrontation with the printing unions National Graphical Association and Society of Graphical and Allied Trades . The move of News International's London operation to Wapping in
26270-415: The property or its air rights to allow the construction of a skyscraper above or on the terminal's site. At the same time, the New York, New Haven and Hartford Railroad retained a partial interest in the terminal's operation. Initially, New York Central's chairman Robert R. Young had been negotiating with developer Erwin S. Wolfson and their mutual friends Herbert and Stuart Scheftel to determine how
26455-578: The provider to increase the pricing of its programming packages. YES, however, has a most favored nation clause with all of its cable and satellite providers, in which all of the network's other carriage agreements would be voided if it lowered its subscriber rate for a single provider. Former YES minority owner Goldman Sachs also maintains an ownership stake in Dish Network parent Echostar . Time Warner Cable relocated YES from channel 30 to channel 53 on its New York City area systems in March 2008, soon after
26640-598: The publishing company Ziff Davis . News Corp. had planned to spin off IGN as an independent company, but failed to do so. In July 2011, News Corp closed down the News of the World newspaper in the United Kingdom due to allegations of phone hackings. The allegations include trying to access former Prime Minister Gordon Brown 's voice mail, and obtain information from his bank accounts, family's medical records, and private legal files. Allegations of hacking have also been brought up in relation to former Prime Minister Tony Blair , and
26825-400: The rapid development of the areas around Grand Central, which became known as Terminal City . The Grand Central Terminal complex included a six-story building for baggage handling just north of the main station building, on what is now the site of the MetLife Building. The baggage handling building was converted to an office building late in its history. The surrounding stretch of Park Avenue
27010-459: The recent scandals and to "unlock even greater long-term shareholder value", News Corporation's assets would be split into two publicly traded companies, one oriented towards media, and the other towards publishing. News Corp's publishing operations were spun out into a second News Corporation with Robert James Thomson , editor of The Wall Street Journal , as CEO. The original News Corporation, which retained most of its media properties (such as
27195-422: The regional cable television rights to the Yankees in 1989 from Cablevision-owned SportsChannel New York. Dish Network is the only pay television provider available in the New York City area that does not carry YES Network. The satellite provider has indicated that it would not offer the network unless it negotiates a lower per-channel subscriber fee due to concerns that the rates the network offered could force
27380-431: The reporting by News Corporation companies. DGA head Nathan Daschle wrote to the chairman of News Corporation company Fox News , Roger Ailes : "In the interest of some fairness and balance , I request that you add a formal disclaimer to your coverage any time any of your programs covers governors or gubernatorial races between now and election day." Around the same time, News Corporation also donated $ 1 million to
27565-615: The rest of the YES schedule can be viewed through a subscription to the DirecTV Sports Pack. The YES national feed was launched on July 31, 2003, on cable systems in Miami , Dallas–Fort Worth , Chicago and Los Angeles . In 2009, the network launched a feed for Connecticut: YES-CT. In March 2023, YES launched a direct-to-consumer streaming service that included access to a 24/7 feed of YES Network and all New York Yankees, Brooklyn Nets and New York Liberty games appearing on YES. The service
27750-406: The right front landing gear collapsed, causing the aircraft to topple onto its side with the rotors still turning. One of the blades detached, killing four men who were waiting to board and a fifth person at ground level; two other people were seriously injured. Helicopter service was suspended that day and never resumed. The already-controversial building received further negative attention as
27935-468: The rights collectively. Two years earlier in 1997, Cablevision – which at the time had owned the Nets' television broadcaster, SportsChannel New York (later known as Fox Sports Net New York, and now known as MSG Sportsnet ) – became the sole owner to the television rights of all seven Major League Baseball, NBA and NHL teams in the New York City market when it acquired the competing MSG Network (previously owned by Viacom through its 1994 purchase of
28120-439: The roof so that it did not "look silly". Work on the tower itself was held up by a steel strike that lasted through much of 1960; the baggage handling building was ultimately demolished starting that June. Foundations for the building were sunk in August 1960. Pan Am founder Juan Trippe signed a 25-year, $ 115.5 million (equivalent to $ 911.7 million in 2023) lease for 613,000 square feet (56,900 m ) across 15 floors, plus
28305-493: The social networking website Myspace for $ 580 million. News Corporation had beat out Viacom by offering a higher price for the website, and the purchase was seen as a good investment at the time. Of the $ 580 million purchase price, approximately $ 327 million has been attributed to the value of Myspace according to the financial adviser fairness opinion . Within a year, Myspace had tripled in value from its purchase price. In February 2007, Murdoch announced at
28490-723: The stage for the launch of a fourth U.S. commercial broadcasting television network. On September 4, 1985, Murdoch became a naturalized citizen to satisfy the legal requirement that only United States citizens could own American television stations. In 1986, the Metromedia deal was completed, and the Fox Broadcasting Company , simply known as Fox, launched on October 9, with Joan Rivers ' The Late Show as its late-night program, it would later air prime-time programming starting in April 1987. In 1986 and 1987, News Corp (through subsidiary News International ) moved to adjust
28675-455: The team was sold to a different ownership group, the Devils opted to renew their contract with MSG Network and FSN New York in 2005, under a long-term agreement. YES broadcasts NBA TV 's daily news and fantasy basketball shows (usually in the form of rebroadcasts, but occasionally showing live telecasts in the early morning drive time hours) and The Marv Albert Show . For a couple of years during
28860-493: The team's designated market region. YES also offers a Spanish-language feed of all of its Yankees game telecasts through the second audio program ; this feed can also be heard on New York radio station WADO (AM), which current holds the contract to carry the Yankees' Spanish-language broadcasts. The network attempted to secure television rights to the New Jersey Devils , formerly owned by an affiliate of YankeeNets; after
29045-464: The team. As part of the sale, the Nets signed a long-term deal to keep the team's game telecasts on YES. In 2004, YankeeNets was renamed Yankee Global Enterprises, which owns the Yankees and the minority share in YES as separate companies. Therefore, the Yankees technically do not own YES. The Yankees, however, receive a rights fee from YES that is somewhat higher than MSG previously paid. In 2007, Goldman Sachs' and former Nets owner Ray Chambers' share in
29230-408: The telephone conduits were routed through the roof of the railroad tunnel. On the two floors where the telephone office was installed, the floor slabs were strengthened to handle loads of 150 to 300 pounds per square foot (730 to 1,460 kg/m ), and floor heights were increased to provide clearance of at least 13.5 feet (4.1 m). A refrigeration plant, described at the time of construction as
29415-606: The terms of the sale. Nine bidders submitted offers, five of whom were selected for further consideration: the Metropolitan Life Insurance Company (MetLife), the Equitable Life Assurance Society ; Donald Trump ; Paul Milstein ; and Olympia and York . In July 1980, Pan Am sold the building to MetLife for $ 400 million (equivalent to $ 1.24 billion in 2023) . At the time, it was the highest-priced sale of an office building in Manhattan. This
29600-506: The time of its break up: In anticipation of US midterm elections , News Corporation donated $ 1 million to the Republican Governors Association in June 2010. The move was criticized by Democrats, who said this was evidence of News Corporation's news outlets conservative leanings (see Fox News Channel controversies ). The Democratic Governors Association also criticized the donation and demanded more transparency in
29785-510: The time of their installation. Five elevators were reserved for freight. The elevators rise from the second-story lobby because the elevator pits could not descend below the first story due to the presence of the tracks. The upper stories were served by 59 elevators. According to the Skyscraper Center, as of 2021 , the building has 85 elevators. The MetLife Building's base contains a lobby across its lowest two stories. At ground level
29970-479: The time, the building was more than half rented. The Pan Am Building's construction involved over 200 engineers and 7,500 workers from 75 trades. Three derricks were installed to erect the steel for the tower, while four derricks were used for the base. Five to seven steel columns were installed every day during two shifts, with materials deliveries taking place mostly at night. The Pan Am Building's structural steel topped out during May 1962. The facade cladding
30155-556: The top steps of their dugout. Perhaps due to this incident, YES broadcast the majority of the ceremonies honoring the Red Sox' celebration of the 100th Anniversary of Fenway Park in 2012. During the 2005 season, New York City area newspapers reported that the post-game questions asked to Yankees manager Joe Torre by Kimberly Jones were being sent to her by top-level team executives (quite possibly on directives from George Steinbrenner), and that Torre did not feel comfortable answering them. For
30340-419: The tops of many existing columns and installing horizontal beams weighing up to 36 short tons (32 long tons; 33 t). A "triple decker sandwich" made of lead, asbestos, and sheet steel was installed under each level of tracks to provide insulation. The superstructure was constructed similarly to bridge spans. To fabricate the floor slabs, builders used a process called composite action, in which concrete
30525-588: The two roadways of the Park Avenue Viaduct to the west and east, in the Midtown Manhattan neighborhood of New York City . The building faces the Helmsley Building across 45th Street to the north and Grand Central Terminal to the south. Other nearby buildings include One Vanderbilt and 335 Madison Avenue to the southwest; the Yale Club of New York City clubhouse to the west; The Roosevelt Hotel to
30710-534: The west and east ends of the floor or in the center. The Sky Club, a private luncheon club, had been on the 56th floor of the Pan Am Building. For several years the Sky Club had contained a private restaurant. Aircraft pioneer Juan Trippe , founder of Pan Am, was a member of this club. Trippe had commissioned a mural of clipper ships for the walls of the Sky Club; it was sent to Tucker's Point resort in Bermuda after
30895-536: The west and east facades are one segment each. The building's form may have been influenced by the 1961 Zoning Resolution, a major change to New York City zoning code that was proposed just before construction started. The massing is similar to Le Corbusier 's unbuilt tower in Algiers , proposed between 1938 and 1942, as well as the nearly contemporary Pirelli Tower in Milan (completed in 1958). The architects intended for
31080-468: The windows between stories. Though Walter Gropius had considered a precast concrete facade to be more solid than a glass curtain wall, this only made the building appear bulkier. Furthermore, the appearance of concrete degraded over time; this effect could be seen in structures such as the Solomon R. Guggenheim Museum but was more pronounced on the MetLife Building's facade. During the building's construction,
31265-524: The world by square footage, being surpassed nearly a decade later by 55 Water Street and the World Trade Center in lower Manhattan. In the 15 years prior to the Pan Am Building's opening, 147 office buildings had been completed in Manhattan, totaling 50.632 million square feet (4,703,900 m ) of office space. Initially, the airline only had a 10 percent ownership stake in its namesake building. Besides Pan Am, other early tenants included
31450-458: The world's largest such plant, was installed on the roof with three steam-powered units each weighing 3,333 short tons (2,976 long tons; 3,024 t). The plant was placed on the roof because the building has no usable basement, as all the subterranean space is part of Grand Central Terminal. The plant could melt up to 20 million pounds (9.1 kt) of ice each day and could use 200,000 pounds of steam every hour. Large fan rooms were placed on
31635-418: The world's tallest building. The other, by Fellheimer & Wagner , was put forth by New Haven's chairman Patrick B. McGinnis along with Wolfson. The plan envisioned a 55-story building, the largest office building in the world with 4 to 6 million square feet (370,000 to 560,000 m ). Both proposals were poorly received, with 235 architects cosigning a letter imploring Young and McGinnis to reject
31820-623: Was "far less than the $ 580 million News Corp. paid for Myspace in 2005." Murdoch went on to call the Myspace purchase a "huge mistake". On July 13, 2011, Rupert Murdoch announced that the company would withdraw its takeover bid for BSkyB due to concerns relating to the News of the World scandal. News Corporation already owned, and continues to own, 39.1% of BSkyB. On June 6, 2012, News Corporation announced that it would buy out ESPN Inc. 's stake in ESPN Star Sports to gain full control over
32005-654: Was a U.S. citizen, Murdoch, although nearly all of the stations' equity was controlled by News Corp. In the same year, News Corporation announced a deal with MCI Communications to develop a major news website as well as funding a conservative news magazine, The Weekly Standard . In the same year, News Corp launched the Foxtel pay television network in Australia in a partnership with Telstra and Publishing & Broadcasting Limited . On July 17, 1996, News Corporation announced that it would acquire television production and broadcasting company New World Communications (who acquired
32190-400: Was a room where wastepaper could be " baled " on-site to make easier to dispose of paper. Westinghouse Electric Corporation also manufactured 65 elevators and 21 escalators for 200 Park Avenue, which at the time of construction was the largest-ever order for elevators. One bank of six elevators was able to travel 1,600 feet per minute (490 m/min), the fastest elevators in the world at
32375-417: Was a ticket office for the heliport at the base of the building. Passengers would check in at the ticket office, then take an express elevator to the 57th floor, an escalator to the heliport lounge, then another elevator to the roof. The flight to JFK lasted an average of six minutes and twenty seconds. The New York City government renewed the heliport's operating license in 1966, despite continued opposition to
32560-403: Was attributed not only to a rezoning of the surrounding area, allowing developers to erect higher buildings there, but also to a strong office market. The sale price amounted to $ 177 per square foot ($ 1,910/m ), more than any other office building in Manhattan. MetLife did not plan to move any offices to the building, and Pan Am planned to keep its headquarters there. As a condition of the sale,
32745-554: Was bonded with structural steel panels to create a stronger structure. Steel panels were fabricated, rather than concrete floors, because steel panels were lighter and could be constructed regardless of unfavorable weather. Over 56 acres (230,000 m ) of steel panels are used in the floor plates, each of which contains wire and cable ducts. A standard floor slab could handle loads of 50 pounds per square foot (240 kg/m ). The building's steel frame weighs over 45,000 short tons (40,000 long tons; 41,000 t) in total. The roof of
32930-410: Was developed with International Style skyscrapers during the 1950s and 1960s. Designed in the International style by Richard Roth, Walter Gropius , and Pietro Belluschi , the MetLife Building was developed by Erwin S. Wolfson and completed in 1963 as the Pan Am Building. It is 808 feet (246 m) tall with 59 stories, containing both commercial and office space. As of September 2024 ,
33115-502: Was echoed on Wednesday by Sen. Robert Menendez (D-NJ), who specifically requested an investigation into 9/11 victims, as well as Sen. Frank Lautenberg (D-NJ) who encouraged an investigation by the Securities and Exchange Commission. On July 13, 2011, Representative Peter King (R-NY) wrote a letter to the FBI requesting an investigation into News Corporation's ethical practices, and on July 14,
33300-424: Was installed in two ways. The facade of the base was bolted into place, down to the individual spandrels and mullions. The Mo-Sai panels for the tower were installed via an interior hoist. Wolfson, though recovering from surgery during mid-1962, continued to observe the building's progress using a helicopter. When Wolfson died that June, James D. Landauer was selected to oversee the building's completion. The lobby,
33485-401: Was installed on the 20th and 21st stories, serving 30,000 telephones within the building. The system, costing $ 11 million, was the first of its kind in an office building in the United States. The central office, operated by New York Telephone , eliminated the need for tenants to have individual telephone offices and equipment rooms. To avoid interfering with the subterranean railroad tracks,
33670-438: Was removed in a 2001 renovation, though Albers had left exact specifications for reproducing the work, and a replica was installed in 2019. Suspended over the 45th Street entrance was a mural by György Kepes , consisting of two aluminum screens with concentric squares. Kepes's mural measured 40 feet (12 m) wide and was placed on the balcony; it was removed in the 1980s. At Vanderbilt Avenue, Robert Berks sculpted
33855-493: Was smaller than the original plans, but Gropius's team reasoned that a 3-million-square-foot (280,000 m ) edifice would have been too large to rent out. The Roth firm expressed its concerns over the east–west orientation of the tower, since it would raise the cost of the superstructure by 50 percent compared to a slab oriented north–south. A model of the redesigned tower was exhibited publicly in November 1959. Five leases for
34040-508: Was the NY City Education Department's partner for its School of One pilot program (now Teach to One ). In late February 2011, News Corp officially put the now-struggling Myspace up for sale, which was estimated to be worth $ 50–200 million. Losses from the last quarter of 2010 were $ 156 million, over double of the previous year, which dragged down the otherwise strong results of parent News Corp. Its struggles were attributed to
34225-444: Was the last tall tower erected in New York City before laws were enacted preventing corporate logos and names on the tops of buildings. Modern New York City building code prohibits logos from being more than 25 feet (7.6 m) above the curb or occupying over 200 square feet (19 m ) on a blockfront. The sign replacements had been permitted because the city government considered the new signs to be an "uninterrupted continuation of
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