Philadelphia Arena - Triangle Publications

Triangle Publications

In 1947 the Arena was sold to Triangle Publications, along with the NBA franchise and the Philadelphia Warriors Basketball team. This transaction made TV station WFIL-TV (Channel 6), owned by Triangle Publications, the first joint ownership of a major professional sports team and TV station. In 1958, a group headed by Tyrrell purchased the Arena from the Walter Annenberg Foundation, to which ownership had been transferred by Triangle Publications. At the time of Tyrrell’s retirement in 1965, the Arena building was sold at auction to James Toppi Enterprises, a sports promotion concern.

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