American Broadcasting Company television. The fifth-oldest major broadcasting network in the world and the youngest of the Big Three television networks, ABC is often nicknamed as "The Alphabet Network", as its initialism also represents the first three letters of the English alphabet, in order. ABC launched as a radio network on October 12, 1943, serving as the successor to the NBC Blue Network, which had been purchased by Edward J. Noble. It extended its operations to television in 1948, following in the footsteps of established broadcast networks CBS and NBC. In the mid-1950s, ABC merged with United Paramount Theatres, a chain of movie
Edward Quartermaine on Charles Street. Edward became so anxious to shut down Ned's singing career that he bought Ned's record company, L&B, right out from under the noses of Ned's wife, Lois, and her business partner, Brenda Barrett. Lois got her company back with the help of Jasper "Jax" Jacks, and Jax got a spot on the ELQ board, which did not make Edward happy, especially when Jax teamed up with Tracy to take over ELQ. When this plan came to light, Edward banished his daughter a third time. When Edward found out Jason fathered a child, Michael, Edward became obsessed with