TelePrompTer Corporation was a media company that existed from approximately 1950 until 1981. The company was named after the teleprompter, a display device invented by Hubert Schlafly which scrolls text to on-camera talent instead of cue cards or scripts.
During the course of the corporation, in the 1950s, Schlafly invented the teleprompter, in order to help a soap opera actor who could not remember his lines. Schlafly unveiled the teleprompter on the set of the CBS soap opera, The First Hundred Years, in 1950. PR men handled the teleprompters. Schlafly invented the idea of actors in soap operas reading their lines by prompters, not scripts as they had been.
TelePrompTer itself sold its eponymous business in the 1960s and invested in cable and satellite broadcast services.
Schafly went on to cooperate with Hughes Aircraft Company to develop microwave video transmission services.
TelePrompTer's Kahn was convicted in 1971 and federally imprisoned for 20 months for trying to bribe members of the Johnstown, Pennsylvania city council to award his company a local cable franchise. He was also convicted of perjury. Mr. Kahn had stepped down as chairman of TelePrompTer several months before his conviction. Kahn maintained, before and after his 20-month prison term, that the issue was extortion by the officials and not bribery by Teleprompter.
Teleprompter merged with H & B American Corporation in 1970, creating the nation's largest cable company at the time.
TelePrompTer grew to become the largest cable television provider in the United States by 1973. They later sold the company to Westinghouse, merging the cable operations into Westinghouse Broadcasting. After the merger, TelePrompTer's cable systems would be renamed Group W Cable, with the broadcasting division renamed "Westinghouse Broadcasting and Cable". The Filmation studios were also part of the deal. Westinghouse would sell off its cable operations in 1986 to Houston Industries, becoming Paragon Cable; 25% was sold to Comcast. Filmation would be sold in 1989 to L'Oreal, which closed the studios.
- Miller, Stephen, "Engineer's Device Eased Speechmakers' Minds", The Wall Street Journal, April 26, 2011, p.A6
- "Teleprompter inventor Schlafly dies in Conn. at 91". CNBC (Associated Press). 26 April 2011. Archived from the original on 10 May 2011. Retrieved 10 May 2011.
- "1940s-1960s: Birth of an Industry: Monroe 'Monty' Rifkin", "The Time Warner Story", Time Warner Cable website
- "472 F.2d 272: United States of America, Appellee, v. Irving B. Kahn and Teleprompter Corporation, Appellants : United States Court of Appeals, Second Circuit. - 472 F.2d 272; Argued Oct. 18, 1972.Decided Jan. 9, 1973"
- 415 U.S. 143 United States v. Kahn : CERTIORARI TO THE UNITED STATES COURT OF APPEALS FOR THE SEVENTH CIRCUIT No. 72-1328 Argued: December 11-12, 1973 --- Decided: February 20, 1974
- Barron, James, "Irving B. Kahn, 76, a Founder Of Teleprompter and Cable TV", The New York Times, January 25, 1994
- "Filmation purchased by Teleprompter." Broadcasting, June 30, 1969, pg. 38. 
- "Group W sells Filmation." Broadcasting, February 13, 1989, pg. 94
- "Oral History of Monroe Rifkin", The Hauser Oral and Video History Collection, The Barco Library, The Cable Center, Denver, Colorado.