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On This Day: March 20 1985 The Coca-Cola Company Purchased Tandem Productions and Embassy Television for 485 Million Dollars

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Pete

Pete

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Pete has published a news story:

On This Day: March 20 1985 The Coca-Cola Company Purchased Tandem Productions and Embassy Television for 485 Million Dollars.

On this day March 20 1985 The Coca-Cola Company made a major move into the entertainment industry by purchasing Tandem Productions and Embassy Television for 485 million dollars. The acquisition gave Coca-Cola control over some of the most popular television shows of the time including hits like The Jeffersons Diff’rent Strokes and Who’s the Boss.

This deal was part of Coca-Cola’s strategy to expand beyond the beverage industry and strengthen its presence in media. Embassy Television later...
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