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. Barcalo Edward J. Barcalo Edward Joel Barcalo (1870–1963) was an American businessman, noted for founding the Barcalo Manufacturing Company, perhaps best known for the Barcalounger. He was born in Mt. Morris, in the state of New York. Living in Buffalo, New York, Barcolo founded the Barcalo Manufacturing Company in 1896: it originally produced tools, but expanded into the furniture market. By the early 1950s the company had over 550 employees. In 1916, he was serving as the president of the Associated Manufacturers of New York State. Barcalo received U.S. Patent no. 719,685 for the invention of a bed spring. In addition,