ABC Records American Broadcasting Company (ABC). It evolved from federal antitrust actions taken against the movie studios and broadcasting companies in the 1940s and early 1950s. In 1943 the Federal Communications Commission took action against anti-competitive practices, one of which forced the Radio Corporation of America (RCA) to sell the Blue Network, the sister network of NBC Red Network. Blue was purchased by the businessman Edward J. Noble, and he changed its name to the American Broadcasting Company in 1946. In 1953 ABC merged with United Paramount Theatres, the divested former exhibition/cinema division of Paramount Pictures. The newly merged corporation was chaired
King Broadcasting Company King Broadcasting in 1987. Following Dorothy Bullitt's death, KING Broadcasting Company was sold to The Providence Journal newspaper in 1991, which was later sold to the Belo Corporation in 1997, which included King Broadcasting. Belo itself was acquired by the Gannett Company in 2013. Gannett's print and broadcast assets were split into two companies in 2015, with King Broadcasting following the broadcast assets into the newly created Tegna, Inc. The King Broadcasting name lives on as a holding company within Tegna's corporate structure (as is also the case with Multimedia and a forerunner of Combined Communications, Pacific and Southern Company,