Postcom Entertainment Group

ASC Entertainment is an American entertainment holding company that was originally formed in 1977 as Television Channel Industries, Inc. to form a new channel called "Daddy TV" (now Daddy Video Deleter) and was renamed as NTV Holdings (short for National TV Holdings) in 1979 to create a new TV channel known as National TV (which was renamed as ASC in 2006), and was renamed to NTV Entertainment in 2000 as part of a restructuring of the NTV network, and was renamed to ASC Entertainment in 2006.

ASC Entertainment is primarily involved in the media and entertainment industry; among its most significant divisions are the ASC channel, and the film studio ASC Films. It also has a significant presence in broadcasting through a portfolio of domestic and international properties, including terrestrial and pay television outlets.

On June 3, 2019, ASC Entertainment announced that it had filed for Chapter 11 bankruptcy protection due to a debt load of more than $300 million that the company owed to its creditors, a decision made final on June 7, when ASC Entertainment entered talks with private equity firm Hylas Investment Authorities for sale of its assets. On July 14, Hylas Investment Authorities pulled out of acquiring ASC Entertainment.