Ascent Capital Group
Ascent Capital Group, Inc. was a public holding company whose primary subsidiary was Monitronics. Ascent Media was a wholly owned subsidiary of the Discovery Holding Company (DHC). DHC spun off Ascent Media as an independent, public company on September 17, 2008.
| Company type | Public |
|---|---|
Traded as | Nasdaq: ASCMA Nasdaq: ASCMB |
| Industry | Residential Security Monitoring |
| Founded | 1999 |
| Defunct | 2019 |
| Fate | Merged with Monitronics |
| Headquarters | , United States |
Area served | United States |
Key people | William R. Fitzgerald (Chairman) William E. Niles (CEO) |
| Revenue | US$311.9M (FY 2011) |
| US$-28.2M (FY 2011) | |
Net income | US$20.6M (FY 2011) |
| Total assets | US$1,626M(FY 2011) |
| Total equity | US$560M (FY 2011) |
| Website | www |
The company's main activity through its wholly owned subsidiary, Monitronics, was to provide security alarm monitoring services to more than 1 million residential and commercial customers in the United States, Canada and Puerto Rico through its nationwide network of independent dealers.
On May 24, 2019 Ascent Capital Group announced its intent to merge with Monitronics.
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