Title: Edward J. Noble
Content: Edward J. Noble Edward John Noble (October 8, 1882 – December 28, 1958) was an American broadcasting and candy industrialist originally from Gouverneur, New York. He co-founded the Life Savers Corporation in 1913. He founded the American Broadcasting Company when he purchased the Blue Network in 1943 following the Federal Communications Commission's (FCC) decree that RCA divest itself of one of its two radio networks. Edward Noble was born in Gouverneur, New York, and educated in the public schools. He attended Syracuse University and graduated from Yale in 1905. In 1912, chocolate manufacturer Clarence Crane of Cleveland, Ohio invented Life

Title: Edward J. Noble
Content: of its two radio networks, he founded the American Broadcasting Company (ABC) when he purchased the Blue Network (formerly part of NBC) on October 12, 1943. He tried to build ABC into an innovative and competitive broadcaster, but was hampered by financial problems and the pressure of competing with long-established NBC and CBS. By 1951, he entered negotiations to merge the network with United Paramount Theaters, headed by Leonard Goldenson; Goldenson became chairman of the ABC network, while Noble sat on its board of directors for the rest of his life. Noble, 76, died at his home on December 28,

Title: Donald Jason Flamm
Content: investigation, and lawsuits that reached the New York Supreme Court by 1949. Flamm was eventually paid a settlement but did not get WMCA back. Noble had sold the station in 1943 to Nathan Straus, former Federal Housing Authority administrator, for $1,250,000 in order to found the “Blue Network,” which became the American Broadcasting Company (ABC). The Congressional investigation of the FCC absolved Noble, but drew a blistering dissent from the Republican minority. In 1944, lawyer John J. Sirica resigned as chief counsel to the Select Committee in protest of the handling of the case. Donald Flamm was then offered a

Title: American Broadcasting Company
Content: which were related to advertising and were indexed compared to the number of listeners/viewers, failed to compensate for its heavy investments in purchasing and building stations. In 1951, a rumor even mentioned that the network would be sold to CBS. In 1951, Noble held a 58% ownership stake in ABC, giving him $5 million with which to prevent ABC from going bankrupt; as banks refused further credit, that amount was obtained through a loan from the Prudential Insurance Company of America. Leonard Goldenson, the president of UPT (which sought to diversify itself at the time), approached Noble in 1951 on

Title: NBC
Content: Sarnoff. After losing on final appeal before the U.S. Supreme Court in May 1943, RCA sold Blue Network Company, Inc., for $8 million to the American Broadcasting System, a recently founded company owned by Life Savers magnate Edward J. Noble. After the sale was completed on October 12, 1943, Noble acquired the rights to the Blue Network name, leases on landlines, the New York studios, two-and-a-half radio stations (WJZ in Newark/New York City; KGO in San Francisco and WENR in Chicago, which shared a frequency with Prairie Farmer station WLS); contracts with actors; and agreements with around 60 affiliates. In

Question: Which broadcasting company did Edward J Noble found?
Answer: ABC