The company also held at the Paramount Pictures-Theaters split in 1949: WBKB (TV), WIBK (FM), 25% of WSMB New Orleans, 50% of a company applying for an Atlanta AM license, 10% of another licensee apply for a license in Hot Springs, and television applications for Detroit, Boston, Tampa, and Des Moines.

There were more than 50 Chicago-area theaters operated by the Balaban and Katz company including: North: Belmont,[5] Century/Diversey Theatre, Cine, Covent, Granada, Howard, Lakeside, Northshore, Nortown, Pantheon, Riviera,[6] and Uptown.

[7][8][9] Northwest: Admiral, Alba, Belpark, Biltmore, Congress, Crystal, Drake, Gateway Theatre, Harding, Luna, Portage, Terminal, and Will Rogers.

Beginning in 1939, Balaban and Katz, along with parent company Paramount, was involved in the early development of the television broadcasting industry.

[21] Whenever Balaban and Katz decided that murals would become part of the interior design scheme, they would commission painter and muralist Louis Grell of Chicago to execute them.

Theatre Historical Society, in Elmhurst, Illinois, maintains an extensive collection of architectural blueprints and large-format pictures of many Balaban and Katz theaters.