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King World Productions (1964)

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  Summary  

King World Productions, Inc. was a production company and a syndicator of television programming in the United States until its eventual 2007 incorporation into CBS Television Distribution. The last vestiges of this company is as a credited copyright holder (under the moniker KWP Studios--the initials standing for King World Productions) for the TV show Rachael Ray.

  Biography  

 Founding with The Little Rascals
The division was started in 1964 by Charles King. It was a company that expressly handled television distribution of the classic Hal Roach Our Gang shorts. When Roach lost the rights to the name Our Gang (it was retained by Metro-Goldwyn-Mayer, who bought the series from Roach in 1938), the shorts were retitled
as The Little Rascals. It was through this acquisition that the comedy shorts from 1929 through 1938 have been made available to audiences for the past forty years. King World later co-produced an animated version of the shorts with Hanna-Barbera.

 Camelot Entertainment Sales and Harpo Productions
In 1982, King World formed an ad-sales barter division called Camelot Entertainment Sales. A year later, company chairmen, brothers Roger King , Michael King, and Robert King acquired the syndication rights to Merv Griffin's game show Wheel of Fortune when no other studio would step in. The acquisition paid off, and Wheel became the most popular show in the history of syndication, and has continued to be for over a quarter of a century. At one point, the program was generating a 21% national rating. The same year, the company also acquired the syndication rights of The Merv Griffin Show from Metromedia Producers Corporation.

A year later, King World bought the syndication rights to another Griffin show, Jeopardy!, and the latest version of the series has since become the number-two show in syndication. Originally, the company produced two pilots of the game show; one in September 1983 and the other on January 9, 1984. Robert King, the president of King World left the company to form The Television Program Source; a television syndication company that was founded on on October 15 as a joint venture between King, Alan Bennett, and Columbia Pictures Television. Shortly after this, King World launched Harpo Productions' successful Oprah Winfrey Show, which eventually led to the creation of the spin-off series Dr. Phil, as well as the latest Harpo contribution, Rachael Ray. Oprah Winfrey was originally a local talk show host in Chicago prior to her King World launch. Dr. Phil is co-produced by Winfrey's Harpo Productions (CBS Paramount Domestic Television co-distributed for a time).

 King World Direct and KWP
In the 1990s, King World operated an "As Seen On TV" VHS service called King World Direct.

Stuart Hersch, a lawyer by trade, was the financial expert who helped to take the company public, making it one of the hottest stocks on Wall Street at the time. The company traded as "KWP". King World had virtually no debt and generated hundreds of millions of dollars in revenues after going public.

Television stations that broadcast King World programming had first choice on any series King World offered to distribute. CBS Enterprises was bought by Viacom, Inc. around the time of CBS's acquisition of King World, thus becoming owned by the post-split CBS Corporation as well as all of Viacom's former TV production and distribution operations.

 Latter days and closing
In its latter days, King World was considered the syndication branch of the CBS network - a role Viacom actually first served upon its creation. King World, however, distributed newer CBS shows, while the older shows were syndicated by corporate affiliate CBS Paramount Television, the successor to the original distributor Viacom Enterprises. Additionally, from 2000 to 2006, King World distributed several programs from Westinghouse Broadcasting, such as The Mike Douglas Show.

On September 26, 2006, CBS announced that KingWorld and CBS Paramount Television's syndication operations would be combined to form the CBS Television Distribution Group . Roger King was announced as CEO of the new entity. However, he died on December 8, 2007, after suffering a stroke the previous day. Today, John Nogawski is now president of CTD.

For one year, the King World on-screen identity was kept for the programs it distributed at its closure. However, most of the programs handled by King World were distributed under the name CBS Television Distribution. On August 20, 2007, CBS Television Distribution introduced a new closing logo to replace the old logos of King World, CBS Paramount Domestic Television, Paramount Television, and others. As previously mentioned, KWP Studios represents the last remnants of King World.

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Whole or part of the information contained in this card come from the Wikipedia article "King World Productions", licensed under CC-BY-SA full list of contributors here.