Kluge's major move into media was by purchasing stock in the
Metropolitan Broadcasting Corporation in the mid-1950s. The Metropolitan Broadcasting Corporation was the successor of the
DuMont Television Network, which was spun off from
DuMont Laboratories after the television network ceased operations in 1956. Metropolitan Broadcasting consisted of two stations,
WABD in New York City and
WTTG in Washington, D.C., both former DuMont outlets now operating as independent stations. Kluge joined the company as its board chairman and largest stockholder in 1958, acquiring the bulk of his shares from founder
Allen B. DuMont for about
USD $6,000,000. After gaining control in 1959, Kluge began the company's expansion further into broadcasting, with holdings in television and radio. In the early 1960s, Kluge bought an outdoor advertising firm, and in 1961 the company's name was changed to Metromedia to reflect the diversity of its interests. In 1986, Kluge sold the Metromedia television stations to
20th Century Fox (then controlled by
News Corporation), for a reported US$4 billion. Those stations would later form the core of what would become the
Fox television network, (spun off from News Corporation/20th Century Fox with
Fox Corporation decades later) which launched on October 9 of that year. The following year,
Forbes placed Kluge at the top of its list as the richest man in America. In retaliation for a lawsuit brought by
Paul Winchell, who sought the rights to his children's television program, "Winchell-Mahoney Time", Metromedia management, under orders from Kluge, destroyed the video tapes. Winchell was later awarded nearly $18 million as compensation for Metromedia's capricious behavior. Following the Fox disposal, Kluge's activities had been carried out through a private venture named Metromedia Company in which he was a partner with
Stuart Subotnick. Metromedia's more recent activities have included Eastern European,
Commonwealth of Independent States and China telecom/cable/radio ventures through Metromedia International Group and the ill-fated US telecom backbone operation Metromedia Fiber Network. In July 2008, the
Metromedia Restaurant Group, part of the Metromedia Company, closed over 300 company-owned
Bennigan's and
Steak and Ale restaurants. Kluge and partner Stuart Subotnick were also the original team operators of the
New York/New Jersey MetroStars Major League Soccer franchise. ==Philanthropy==