American Broadcasting Company which were related to advertising and were indexed compared to the number of listeners/viewers, failed to compensate for its heavy investments in purchasing and building stations. In 1951, a rumor even mentioned that the network would be sold to CBS. In 1951, Noble held a 58% ownership stake in ABC, giving him $5 million with which to prevent ABC from going bankrupt; as banks refused further credit, that amount was obtained through a loan from the Prudential Insurance Company of America. Leonard Goldenson, the president of UPT (which sought to diversify itself at the time), approached Noble in 1951 on
Romanian Radio Broadcasting Company Romanian Radio Broadcasting Company The Romanian Radio Broadcasting Company (), informally referred to as Radio Romania (), is the public radio broadcaster in Romania. It operates FM and AM, and internet national and local radio channels. The local stations are branded under the Radio România Regional umbrella. Radio Romania International is the company's international radio station, broadcasting on two channels in Romanian, English, French, Aromanian, Spanish, German, Italian, Serbian, Russian, Ukrainian, Chinese, and Arabic. The company operates radio stations as well as broadcasting related entities, listed below. FM and AM, internet, and T-DAB radio stations: Publishing News Agency Concerts and