National Mobile Television
Encyclopedia
National Mobile Television (NMT) was a Los Angeles
-based television broadcasting industry corporation
that operates a fleet
of mobile television units
.
Then known as Northwest Mobile Television, NMT was founded by Stan Carlson and Stimson Bullitt in 1968 and operated as a division of the King Broadcasting Company
in Seattle, Washington. In 1992 when King was sold to the Providence Journal, NMT was spun off as an independent entity. It was acquired by Oaktree Capital Management
in 1997.
In March/April 2009 the NMT went into receivership
and closed its doors.
Los Angeles, California
Los Angeles , with a population at the 2010 United States Census of 3,792,621, is the most populous city in California, USA and the second most populous in the United States, after New York City. It has an area of , and is located in Southern California...
-based television broadcasting industry corporation
Corporation
A corporation is created under the laws of a state as a separate legal entity that has privileges and liabilities that are distinct from those of its members. There are many different forms of corporations, most of which are used to conduct business. Early corporations were established by charter...
that operates a fleet
Fleet vehicles
Fleet vehicles are groups of motor vehicles owned or leased by a business or government agency, rather than by an individual or family. Typical examples are vehicles operated by car rental companies, taxicab companies, public utilities, public bus companies, and police departments...
of mobile television units
Outside broadcasting
Outside broadcasting is the electronic field production of television or radio programmes from a mobile remote broadcast television studio. Professional video camera and microphone signals come into the production truck for processing, recording and possibly transmission...
.
Then known as Northwest Mobile Television, NMT was founded by Stan Carlson and Stimson Bullitt in 1968 and operated as a division of the King Broadcasting Company
King Broadcasting Company
King Broadcasting Company is a Seattle, Washington media conglmerate founded by Dorothy Stimson Bullitt. It began with one AM radio station and later an FM radio station, and grew to include a large group of broadcast television and radio stations, as well as a cable television network.-History:In...
in Seattle, Washington. In 1992 when King was sold to the Providence Journal, NMT was spun off as an independent entity. It was acquired by Oaktree Capital Management
Oaktree Capital Management
Oaktree Capital Management, L.P. is a global investment management corporation with about US$82.4 billion of assets under management. Oaktree's mission is to provide management with a primary emphasis on risk control in a limited number of sophisticated investment specialties...
in 1997.
In March/April 2009 the NMT went into receivership
Receivership
In law, receivership is the situation in which an institution or enterprise is being held by a receiver, a person "placed in the custodial responsibility for the property of others, including tangible and intangible assets and rights." The receivership remedy is an equitable remedy that emerged in...
and closed its doors.