Television really rocks the world of this company. Granite Broadcasting owns, jointly operates, or provides programming to more than 20 TV stations in about a dozen markets in about half a dozen states. Several of its stations are affiliated with major broadcast networks NBC and CBS, while others are affiliated with smaller networks The CW and MyNetworkTV. Granite Broadcasting also operates a number of independent stations, as well as online news and information portals serving its stations' viewers. Founded by former CEO W. Don Cornwell in 1988, the company is owned by private equity firm Silver Point Capital.