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
Edward J. Wasp Edward J. Wasp Edward J. Wasp, also known as E. J. Wasp, is an engineer and inventor known for developing long distance slurry pipelines for the transportation of coal and other solid materials. Wasp, born in New York City, earned a bachelor's degree in chemical engineering from Cooper Union, a master's degree in mathematics from the University of Pittsburgh, and an MBA from Golden Gate University. He began experimenting with coal slurries in a systematic manner when he worked for Consolidation Coal Company in the early 1950s. Wasp combined works of scientists and engineers and developed a model that related