American Broadcasting Company 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
Romanian Radio Broadcasting Company was broadcast on November 1, 1928, 5:00 PM. The first official radio show was inaugurated by the Romanian physicist and professor Dragomir Hurmuzescu, who became the president of the Administration Council of The Radiotelephonic Broadcasting Company. On December 18, 1928, the first comic radio show was broadcast. In 1929, the following shows are broadcast: The number of broadcasting hours increases consistently, reaching 3,517 hours in 1934. The political events after the end of World War II affected the institution. In July 2008, the Romanian Radio Broadcasting Company changed its logos. Romanian Radio Broadcasting Company The Romanian Radio Broadcasting Company (),