|Creator:||Storer, George B.|
|Title:||George B. Storer scrapbooks|
|Quantity:||21.2 Linear feet (38 volumes in 11 oversized boxes)|
|Abstract:||The collection consists of scrapbooks documenting George B. Storer's career in the communications industry from 1947-1971. The scrapbooks contain newspaper clippings, photographs, some correspondence and memorabilia relating to Fort Industry Company (1947-1953), Storer Broadcasting Company (1953-1971), and Northeast Airlines (1965-1970). The scrapbooks also contain some materials relating to Storer's private life.|
George Butler Storer, founder of the Storer Communcations, Inc. and its predecessors Fort Valley Company and Storer Broadcasting Company. Storer bought controlling interest in Northeast Airlines in 1965.
STORER'S COMPANY HISTORY
Storer Communications, Inc. is one of the oldest communications companies in the United States. It is also one of the largest, serving approximately 1.5 million cable television subscribers in 12 states.
Storer's predecessor company was founded in 1927 in Toledo, Ohio, by George B. Storer. Initially involved in the retail distribution of petroleum products, the then-named Fort Industry Oil Company purchased the Toledo radio station that broadcasted its advertisements. Radio was just beginning to take root as a popular source of information and entertainment, making it an ideal advertising medium.
In 1931, the company sold its filling stations and dropped "Oil" from its name. Fort Industry acquired additional radio properties in Michigan, West Virginia and Ohio. By 1946, it was one of the country's largest broadcasters, with radio stations in Ohio, Detroit, West Virginia, Georgia and Florida.
In 1948, the Company became the first independent broadcaster to enter the television industry by simultaneously licensing and launching three television stations, in Atlanta, Detroit and Toledo. Storer subsequently acquired stations in Milwaukee, Cleveland, Boston and San Diego. The Company's name was changed to Storer Broadcasting Company in 1953, concurrent with the first public offering of its common stock. In the same year its corporate offices were moved to Miami from Detroit. The radio stations were subsequently sold to fund a portion of the cable expansion program.
Storer has been a pioneer in the cable television industry since entering the field in 1963. Its Cable Communications Division grew gradually during the next decade through the acquisition of cable systems in California, Florida, Georgia and Alabama. With the advent of satellite and broadband communications technology, in the late 1970's, the company embarked on the industry's most aggressive franchising and acquisition program catapulting Storer to its status as the country's fourth-largest cable system operator
Storer Broadcasting Company's name was changed to Storer Communications, Inc. in 1983, indicating the Company's commitment to the fields of television and cable television.
During the mid-1980's, Storer embarked on a consolidation program which involved acquiring cable systems adjacent to its existing operations and the sale of certain standalone systems. Its largest operating units serve Montgomery, Alabama; Little Rock, Arkansas; New Haven, Connecticut; Dover, Delaware; Dade and Broward Counties, Florida; Sarasota, Florida; Albany, Georgia; Louisville, Kentucky; Northern Kentucky (Cincinnati suburbs); Howard County, Maryland; Middlesex and Monmouth Counties, New Jersey; Charleston, South Carolina; Dallas, Texas; Texas suburbs; Houston (City and Bay areas), Texas and Chesterfield County, Virginia.
In December, 1985, Storer was acquired by SCI Holdings, Inc., a privately held company organized by the private investment firm of Kohlberg Kravis Roberts and Co. The Company's seven television stations were sold in 1987. In November of 1988, SCI Holdings was purchased by affiliates of Comcast Corporation and Tele-Communications, Inc. (TCI). The affiliate of TCI is 30% owned by TKR Cable, a 50/50 venture involving TCI and Knight Ridder, Inc. As a result, Storer is owned 50% by Comcast, 42.5% by Tele-Communications, Inc. and 7.5% by Knight Ridder, Inc. Storer continues to operate as an independent company following the transaction.
Storer currently employs over 2,900 personnel who, like their predecessors for more than 60 years, follow this business creed: "We seek:
•to serve our customers as effectively as possible,
•to run our business with a sense of competitive urgency,
•to maintain the highest ethical and professional standards,
•to offer outstanding career opportunities,
•to make Storer an exciting place to work and,
•to earn the respect and confidence of
our ownership and
the communities we serve
In all things, to strive for excellence.
Achieve these, and profits follow."
Cataloged as part of the Georgia Archives and Manuscripts Automated Access Project: A Special Collections Gateway Program of the University Center in Georgia.
George B. Storer scrapbooks. Hargrett Rare Book and Manuscript Library, University of Georgia Libraries.