American Broadcasting Company Blue Network was purchased by the new company Noble founded, the American Broadcasting System. Noble subsequently acquired the rights to the "American Broadcasting Company" name from George B. Storer in 1944; its parent company adopted the corporate name American Broadcasting Companies, Inc. Woods retained his position as president and CEO of ABC until December 1949, and was subsequently promoted to vice-chairman of the board before leaving ABC altogether on June 30, 1951. Meanwhile, in August 1944, the West Coast division of the Blue Network, which owned San Francisco radio station KGO, bought Los Angeles station KECA from Earle C. Anthony
History of WFAN chains operated by the National Broadcasting Company. By 1928, WEAF was purchased by NBC's parent company, the Radio Corporation of America. As a result of the North American Regional Broadcasting Agreement of 1941, WEAF became a clear-channel station and could be heard across most of the eastern half of North America at night. In 1943, the United States Supreme Court, citing antitrust concerns, ordered RCA to sell off one of its radio networks. The company decided to keep the Red Network, and it was rebranded as the NBC Radio Network after the Blue Network was divested to Edward J. Noble.