Metromedia Company Description
This company has put its brand on both the dining and the energy sector. Metromedia is a holding company controlled by chairman John Kluge that owns steak buffet restaurant chains Ponderosa and Bonanza through its Homestyle Dining subsidiary. The company's energy holdings include Metromedia Energy, an independent energy marketer that provides natural gas procurement and energy management services to more than 10,000 commercial and industrial customers. Affiliate Metromedia Power offers electricity brokerage services to business customers in about a dozen states, mostly in the Northeast.
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The Company Description provides a historical perspective of Metromedia's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Metromedia's evolution in the marketplace.
