Empresas 1BC
Encyclopedia
Empresas 1BC is a privately owned Venezuelan corporation which operates diverse media enterprises such as Radio Caracas Televisión
, Etheron, Radio Caracas Radio
, 92.9 tu FM, Sonográfica
, FonoVideo, Recordland
, and Radionet, to name a few. This conglomerate is headed by Marcel Granier
and headquartered in Caracas
, Venezuela
.
returned to Venezuela from the United States after receiving a degree from Princeton University
. In the year 1929, his family established the first holding company, Sindicato Phelps, C.A., in which various businesses, such as real estate and automotive companies, were consolidated. The development of the communications sector began in 1930, when (with the support of RCA
) Phelps established the Broadcasting Caracas, the first commercial radio station in Venezuela. In 1935, the Broadcasting Caracas became known as Radio Caracas, and then later, Radio Caracas Radio
(RCR). Radio Caracas Televisión (RCTV) was created in 1953. Until then, the Phelps owned Ondas Populares, RCR, and RCTV. Businesses formerly owned by the Phelps included: El Automóvil Universal and El Almacén Americano (an electronics store). The growth of the television business in the 70s, favored a consolidation of the company, which hired new people such as Marcel Granier
, Petter Bottome, and Guillermo Tucker.
In the 1980s, Empresas 1BC began to explore other types of industries. They started up the newspaper El Diario de Caracas, which on July 11, 1995, ceased publication. Three years later, El Diario de Caracas was purchased and restarted by the editors of Caracas's English language
newspaper, The Daily Journal.
RCTV
Radio Caracas Televisión Internacional is a Venezuelan cable television network headquartered in the Caracas neighborhood of Quinta Crespo. It was sometimes referred to as the Canal de Bárcenas. Owned by Empresas 1BC, RCTV Internacional was inaugurated as Radio Caracas Televisión on 15 November...
, Etheron, Radio Caracas Radio
Radio Caracas Radio
Radio Caracas Radio is a Venezuelan radio station. It is owned by Empresas 1BC, Venezuela's second largest privately-owned media corporation, which also owns Radio Caracas Televisión, a popular and controversial cable and satellite channel.-Background:...
, 92.9 tu FM, Sonográfica
Sonográfica
Sonográfica is a record label based in Caracas, Venezuela. It has links with the Empresas 1BC, which also owns Radio Caracas Televisión and Radio Caracas Radio, among other business....
, FonoVideo, Recordland
Recordland
Recordland is one of Venezuela's largest music and video store chains. It is owned by Empresas 1BC, which is the same owner of Radio Caracas Radio and Radio Caracas Television . Recordland first opened its doors in 1982 and now operates 22 stores located throughout the country...
, and Radionet, to name a few. This conglomerate is headed by Marcel Granier
Marcel Granier
Marcel Granier Haydon is a Venezuelan businessperson. He is the President and CEO of Empresas 1BC and the General Director of Radio Caracas Televisión , which until becoming a cabel TV-channel on May 27, 2007, was the most watched television channel in Venezuela.-Biography:Marcel Granier was born...
and headquartered in Caracas
Caracas
Caracas , officially Santiago de León de Caracas, is the capital and largest city of Venezuela; natives or residents are known as Caraquenians in English . It is located in the northern part of the country, following the contours of the narrow Caracas Valley on the Venezuelan coastal mountain range...
, Venezuela
Venezuela
Venezuela , officially called the Bolivarian Republic of Venezuela , is a tropical country on the northern coast of South America. It borders Colombia to the west, Guyana to the east, and Brazil to the south...
.
History
The origins of this company dates back to the year 1920, when William Henry PhelpsWilliam Henry Phelps
William Henry Phelps was an American ornithologist and businessman.-Early life:Born in New York City to Dudley F. Phelps, and of Louise Lander Prince Phelps, he attended Milton Academy and Harvard College...
returned to Venezuela from the United States after receiving a degree from Princeton University
Princeton University
Princeton University is a private research university located in Princeton, New Jersey, United States. The school is one of the eight universities of the Ivy League, and is one of the nine Colonial Colleges founded before the American Revolution....
. In the year 1929, his family established the first holding company, Sindicato Phelps, C.A., in which various businesses, such as real estate and automotive companies, were consolidated. The development of the communications sector began in 1930, when (with the support of RCA
RCA
RCA Corporation, founded as the Radio Corporation of America, was an American electronics company in existence from 1919 to 1986. The RCA trademark is currently owned by the French conglomerate Technicolor SA through RCA Trademark Management S.A., a company owned by Technicolor...
) Phelps established the Broadcasting Caracas, the first commercial radio station in Venezuela. In 1935, the Broadcasting Caracas became known as Radio Caracas, and then later, Radio Caracas Radio
Radio Caracas Radio
Radio Caracas Radio is a Venezuelan radio station. It is owned by Empresas 1BC, Venezuela's second largest privately-owned media corporation, which also owns Radio Caracas Televisión, a popular and controversial cable and satellite channel.-Background:...
(RCR). Radio Caracas Televisión (RCTV) was created in 1953. Until then, the Phelps owned Ondas Populares, RCR, and RCTV. Businesses formerly owned by the Phelps included: El Automóvil Universal and El Almacén Americano (an electronics store). The growth of the television business in the 70s, favored a consolidation of the company, which hired new people such as Marcel Granier
Marcel Granier
Marcel Granier Haydon is a Venezuelan businessperson. He is the President and CEO of Empresas 1BC and the General Director of Radio Caracas Televisión , which until becoming a cabel TV-channel on May 27, 2007, was the most watched television channel in Venezuela.-Biography:Marcel Granier was born...
, Petter Bottome, and Guillermo Tucker.
In the 1980s, Empresas 1BC began to explore other types of industries. They started up the newspaper El Diario de Caracas, which on July 11, 1995, ceased publication. Three years later, El Diario de Caracas was purchased and restarted by the editors of Caracas's English language
English language
English is a West Germanic language that arose in the Anglo-Saxon kingdoms of England and spread into what was to become south-east Scotland under the influence of the Anglian medieval kingdom of Northumbria...
newspaper, The Daily Journal.
Assets
- 92.9 tu FM
- Etheron
- Fonovideo
- RCRRadio Caracas RadioRadio Caracas Radio is a Venezuelan radio station. It is owned by Empresas 1BC, Venezuela's second largest privately-owned media corporation, which also owns Radio Caracas Televisión, a popular and controversial cable and satellite channel.-Background:...
- RCTVRCTVRadio Caracas Televisión Internacional is a Venezuelan cable television network headquartered in the Caracas neighborhood of Quinta Crespo. It was sometimes referred to as the Canal de Bárcenas. Owned by Empresas 1BC, RCTV Internacional was inaugurated as Radio Caracas Televisión on 15 November...
- RecordlandRecordlandRecordland is one of Venezuela's largest music and video store chains. It is owned by Empresas 1BC, which is the same owner of Radio Caracas Radio and Radio Caracas Television . Recordland first opened its doors in 1982 and now operates 22 stores located throughout the country...
- SonográficaSonográficaSonográfica is a record label based in Caracas, Venezuela. It has links with the Empresas 1BC, which also owns Radio Caracas Televisión and Radio Caracas Radio, among other business....
- TelevenTelevenTeleven is a private Venezuelan national television network headquartered on the Caracas neighborhood of Horizonte. For this reason it's also called Canal de Horizonte. Televen was inaugurated as the ‘’TELEVEN Corporation’’ on July 3 1988 by Omar Camero and Radioven, S.A...
(52% shareholders)