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
Noble gas a noble gas until 1904 when its characteristics were found to be similar to those of other noble gases. Rayleigh and Ramsay received the 1904 Nobel Prizes in Physics and in Chemistry, respectively, for their discovery of the noble gases; in the words of J. E. Cederblom, then president of the Royal Swedish Academy of Sciences, "the discovery of an entirely new group of elements, of which no single representative had been known with any certainty, is something utterly unique in the history of chemistry, being intrinsically an advance in science of peculiar significance". The discovery of the noble gases