WFAN (AM) 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, which was later renamed the American Broadcasting Company (ABC). WEAF's call letters were changed to WNBC in 1946, then to WRCA in 1954, and back to WNBC in 1960. During the 1960s, WNBC relied less on network programming and adopted a talk format, followed by a switch to a MOR music sound. The station spent much of the 1970s and early 1980s flipping between the Top
Edward J. DeBartolo Sr. absorb that much equity; either one of them must back down or prices would suffer severely. DeBartolo agreed to withdraw. In April, 1994, most of the properties owned by The Edward J. DeBartolo Corporation were transferred to DeBartolo Realty Corporation, a public REIT, in its initial public offering. The new company was chaired by Edward J. DeBartolo Jr.; DeBartolo Sr. was unwilling to deal personally with the constraints of running a public company. In 1996, DeBartolo Realty Corporation was acquired by Simon Property Group, the public REIT formed by DeBartolo's longtime competitors, Melvin and Herbert Simon. DeBartolo's contributions to the