Edward J. Noble 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,
Bookstop (company) Bookstop (company) Bookstop Inc. was a Texas-based chain of bookstores that was at one time the fourth-largest bookselling chain in the United States. In 1989 Barnes & Noble acquired the company, at which point it became a subsidiary of Barnes & Noble. The chain also did business under the name Bookstar due to trademark conflicts in other states. Laura J. Miller, author of "Reluctant Capitalists: Bookselling and the Culture of Consumption", wrote that the chain "combined discounting with very wide selection, careful attention to display, and a reliance on sophisticated information systems in order to build a chain that would