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
Edward J. Powers Edward J. Powers Edward J. Powers was an American business executive who served as president and general manager of the Boston Garden. Powers was born in Haverhill, Massachusetts. He graduated from the Bentley School of Accounting and Finance and the Northeastern University School of Business. Prior to working for the Boston Garden, Powers was a junior accountant for a Boston tool company. After spending months lobbying Boston Garden treasurer George Clare for a job, Powers was hired as an accounting clerk in January 1929. He moved up the ranks to the positions of vice president-assistant treasurer and then vice president-treasurer.