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
Edward J. Bermingham Edward J. Bermingham Edward J. Bermingham (1887–1958) was a prominent investment banker and correspondent of Dwight D. Eisenhower. Bermingham worked for Lehman Brothers and Dillon, Read and Company, and was a trustee of Columbia University. Bermingham was a member of Columbia University's graduating class of 1909. He first met Eisenhower when Eisenhower became President of Columbia. During his tenure at Columbia, and later as Commander in Chief of Supreme Headquarters Allied Powers Europe, Eisenhower exchanged long letters with Bermingham, outlining in detail his views of world affairs. When Mr. Eisenhower became President of the United States the correspondence continued and