ABC Records American Broadcasting Company (ABC). It evolved from federal antitrust actions taken against the movie studios and broadcasting companies in the 1940s and early 1950s. In 1943 the Federal Communications Commission took action against anti-competitive practices, one of which forced the Radio Corporation of America (RCA) to sell the Blue Network, the sister network of NBC Red Network. Blue was purchased by the businessman Edward J. Noble, and he changed its name to the American Broadcasting Company in 1946. In 1953 ABC merged with United Paramount Theatres, the divested former exhibition/cinema division of Paramount Pictures. The newly merged corporation was chaired
British Broadcasting Company permitted to be licensed to receive programmes. The ability of the shareholders to profit from the BBC was limited as part of the agreement with the Postmaster General: The initial remit of the British Broadcasting Company was to establish a nationwide network of radio transmitters many of which had originally been owned by member companies, from which the BBC was to provide a national broadcasting service. The British Broadcasting Company was formed using a blueprint that the US Navy and the General Electric Company had attempted to institute in the USA. Early in World War I, all of the ship-to-shore