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 Quartermaine on Charles Street. Edward became so anxious to shut down Ned's singing career that he bought Ned's record company, L&B, right out from under the noses of Ned's wife, Lois, and her business partner, Brenda Barrett. Lois got her company back with the help of Jasper "Jax" Jacks, and Jax got a spot on the ELQ board, which did not make Edward happy, especially when Jax teamed up with Tracy to take over ELQ. When this plan came to light, Edward banished his daughter a third time. When Edward found out Jason fathered a child, Michael, Edward became obsessed with