Donald Jason Flamm investigation, and lawsuits that reached the New York Supreme Court by 1949. Flamm was eventually paid a settlement but did not get WMCA back. Noble had sold the station in 1943 to Nathan Straus, former Federal Housing Authority administrator, for $1,250,000 in order to found the “Blue Network,” which became the American Broadcasting Company (ABC). The Congressional investigation of the FCC absolved Noble, but drew a blistering dissent from the Republican minority. In 1944, lawyer John J. Sirica resigned as chief counsel to the Select Committee in protest of the handling of the case. Donald Flamm was then offered a
Capitol Broadcasting Company for $18 million; the deal was completed on April 17. Notes:<br> Note: "Stations operated within the Wilmington radio station cluster are operated under the name Sunrise Broadcasting;" Capitol Broadcasting Company The Capitol Broadcasting Company (CBC) is an American media company based in Raleigh, North Carolina. Capitol owns three television stations and nine radio stations in the Raleigh-Durham and Wilmington areas of North Carolina and the Durham Bulls minor league baseball team. A.J. Fletcher founded the Capitol Broadcasting Company in 1937, when he founded Raleigh radio station WRAL (1240 AM, now WPJL). WRAL radio began transmission two years later in 1939,