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
Australian Broadcasting Company Australian Broadcasting Company The Australian Broadcasting Company Pty. Ltd. was a company founded in Melbourne in 1924 with a capital of ₤100,000 by a consortium of entertainment interests, notably Farmer & Company, J. C. Williamson Limited and J. & N. Tait to found and operate commercial radio broadcasting stations. Other major shareholders, perhaps later entrants, were Union Theatres Limited, B & J. Fuller and J. Albert & Son. Directors were Stuart Doyle, Frank Albert and Sir Benjamin Fuller. In 1929 the company won the contract to supply radio programmes for broadcast on the "A-class" transmitters contracted to the Federal Government's