ABC, INC., through its subsidiaries, operates as a media company. It owns and operates television stations and radio stations. It also publishes daily and weekly newspapers shopping guides, specialized and business periodicals and books, provides research services and also distributes information from databases. The company was formerly known as Capital Cities/ABC, Inc. and changed its name to ABC, INC. in September, 1996. The company was founded in 1946 and is based in New York, New York. ABC, INC. operates as a subsidiary of The Walt Disney Company.