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
Edward J. Giorgianni Edward J. Giorgianni Edward J. Giorgianni is an Imaging Scientist formerly of the Imaging Research and Advanced Development Division at Eastman Kodak Company. Giorgianni is best known for his contributions in the field of color science and hold numerous patents in the fields of color management and imaging technology. Among his inventions are the digital color-encoding methods used on many commercial imaging systems, including the Photo CD System. Giorgianni is a co-author of "Digital Color Management Encoding Solutions", which he wrote with Thomas E. Madden. The text contains a foreword by another noted color scientist and author of "The Reproduction