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
Reier Broadcasting Company Reier Broadcasting Company Reier Broadcasting Company is an American radio broadcasting company based in Bozeman, Montana. Started in 1975, it is owned by the Reier Family; Bill Reier is the president. The Reier Broadcasting Company rebranded itself in 2005 and now operates as the KBOZ Radio Stations Group. The offices and all stations' studios are located southwest of Bozeman at "Radio Ranch", 5445 Johnson Road. On June 1, 2018, Reier Broadcasting took its five stations silent. The company cited owner Bill Reier's long-term illness and several lingering issues, including station license renewals delayed by outstanding Federal Communications Commission (FCC) regulatory