Cumulus Media Networks the market, it was sold in 1943 to businessman Edward J. Noble, owner of Life Savers candy and the Rexall Drug store chain, for the asking price. After Noble took over, the network identified itself on-air as "The Blue Network." It was officially renamed the "American Broadcasting Company, Inc." in June 1945 after the company bought the rights to the name from (what would later become) Storer Broadcasting. With about 65 affiliates, ABC began with few of the big names and popular shows the other networks offered, so counter-programming became an ABC specialty. Industry policy had been to forbid taped
King Broadcasting Company King Broadcasting in 1987. Following Dorothy Bullitt's death, KING Broadcasting Company was sold to The Providence Journal newspaper in 1991, which was later sold to the Belo Corporation in 1997, which included King Broadcasting. Belo itself was acquired by the Gannett Company in 2013. Gannett's print and broadcast assets were split into two companies in 2015, with King Broadcasting following the broadcast assets into the newly created Tegna, Inc. The King Broadcasting name lives on as a holding company within Tegna's corporate structure (as is also the case with Multimedia and a forerunner of Combined Communications, Pacific and Southern Company,