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
New Brunswick Broadcasting Company additional transmitters, its coverage of Nova Scotia reached 90 percent of the province. CIHF was sold in 1994 to CanWest Global Communications. In 1989, New Brunswick Broadcasting bought radio station CKBW from Acadia Broadcasting Co. Ltd. in Bridgewater, Nova Scotia. In 2003, New Brunswick Broadcasting Company Limited with Acadia Broadcasting Company Ltd. merged under the simpler name Acadia Broadcasting Limited. New Brunswick Broadcasting Company New Brunswick Broadcasting Company Limited was a Canadian media holding company based in Saint John, New Brunswick. New Brunswick Broadcasting was established in 1934 when Saint John Publishing purchased the Saint John radio station CFBO. Four