Empresas 1BC (also known as Grupo Phelps, Centro Corporativo 1BC, and Grupo 1BC) is a privately owned Venezuelan corporation which operates diverse media enterprises such as Radio Caracas Televisión, Etheron, Radio Caracas Radio,, Sonográfica, FonoVideo, Recordland, and Radionet, to name a few. This conglomerate is headed by Marcel Granier and headquartered in Caracas, Venezuela.
History
The origins of this company dates back to the year 1920, when William Henry Phelps returned to Venezuela from the United States after receiving a degree from Princeton University. In the year 1929, his family established the first holding company, Sindicato Phelps, C.A., in which various businesses, such as real estate and automotive companies, were consolidated. The development of the communications sector began in 1930, when (with the support of RCA) Phelps established the Broadcasting Caracas, the first commercial radio station in Venezuela. In 1935, the Broadcasting Caracas became known as Radio Caracas, and then later, Radio Caracas Radio