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Einstein/Noah Bagel Corporation originated as Progressive Bagel Concepts, Inc. (PBCI) in March 1995 when Boston Chicken, Inc. acquired three of the foremost retail bagel companies located in diverse regions of the country.
The Brackman Brothers stores completed their change to the Einstein Brothers concept in January 1996.
Starbucks owned a 20 percent interest in NNYB, which was transferred to an undisclosed level of ownership in EBBI. NNYB founder Noah Alper became vice-chairman of EBBI. The NNYB brand store expanded to 57 stores in three states by July 1996.
The actual public offering took place on August 2, 1996 with 2.7 million shares offered at $17 per share.
1996 Stock Offerings Feed Expansion
Peter Tucker, head of Lone Star Bagels, opened the first store in Dallas that month and planned five more stores by the end of 1996.
With new funds available the company's goal was to have between 275 and 300 stores in operation by the end of 1996.
In November 1997 the board and management decided to reorganize its structure, changing all of its outlets from franchisee ownership to company ownership.
Though Boston Chicken purchased 500,000 shares, its majority interest was reduced to 53 percent ownership of ENBC. The new source of funding and information from area developers prompted ENBC to increase the 1997 estimate of new franchises from a possible 300 stores to as many as 350 stores.
In February 1998 Robert Hartnett was named CEO of the company.
By March 1998 ENBC closed 25 stores with inadequate performance.
In August 1998 ENBC petitioned the NASDAQ National Market to remain listed on its stock exchange.
ENBC sought corporate business when it introduced its, "Fancy Schmancy Catering" in November 1998.
Five regional franchise developers committed to operate a total of 668 stores by the end of 1998.
Previously, average store sales suffered from heavy use of coupons and discounts, but store weekly average sales reached $13,103 in 1998.
By the end of 1998, ENBC closed 43 stores and opened 15 new stores.
In March 1999 Einstein Brothers Bagels won an award from the Restaurant and Institutions Magazine.
In early 1999, ENBC closed ten stores, opened five new stores, and only planned another five openings.
In 1999, Boston Chicken began looking to sell its interest in ENBC, but no buyers were immediately forthcoming.
CEO Hartnett expected franchise development to resume in 2000 under direct company supervision, rather than the elaborate financial arrangements which led to Boston Chicken's difficulties.
National Broadcasting Co., Inc. (NBC), major American commercial broadcasting company, since 2004 the television component of NBCUniversal, which is owned by the Comcast Corporation.
With critical acclaim and high ratings, the debut episode would win the 2005 Hugo Award for Best Drama and the series would take home a Peabody Award.
Bravo’s first iteration of its signature franchise began with The Real Housewives of Orange County in 2006.
1 new cable series of 2006.
The fourth hour of the long-running program launched in September 2007.
1 new cable series of 2007.
Gregory became moderator of the Sunday morning news program in December 2008 following Tim Russert’s untimely passing.
1 new cable series of 2008.
Comcast completed its acquisition of NBCUniversal in January 2011.
The agreement includes new features such as upgraded playoff coverage and an annual primetime game broadcast on Thanksgiving beginning in 2012.
1 animated movie of 2013 and gross nearly $1 billion worldwide.
For the first time in 10 years, NBC won the 2013-14 season in adults 18-49 with help from the Sochi Olympics, reality hit The Voice, breakout drama The Blacklist, and Jimmy Fallon’s revitalized Tonight Show.
NBC would again present a live production of Peter Pan 59 years later on December 4, 2014 with Allison Williams as Peter Pan and Christopher Walken as Captain Hook.
The sequel is set to be released in 2015.
In August 2016, NBCUniversal completed its acquisition of DreamWorks Animation, expanding its family entertainment portfolio with film franchises such as Shrek and Kung Fu Panda.
For the first time in its history, Telemundo finished 2017 as the No.
Beginning July 1, 2018, NBCUniversal will be able to air the Harry Potter movies on networks in its portfolio such as USA and Syfy.
With its Spanish-language broadcasts of the 2018 FIFA World Cup Russia, Telemundo Deportes set new network records, reaching 37 million viewers in the United States Seen here, iconic announcer Andrés Cantor.
Valued at $4.38 billion, the deal means that at the conclusion of the 2020 Games, NBC will have broadcast 11 consecutive Olympics.
© 2022 NBCUNIVERSAL MEDIA, LLC.
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