ABC Records American Broadcasting Company (ABC). It evolved from federal antitrust actions taken against the movie studios and broadcasting companies in the 1940s and early 1950s. In 1943 the Federal Communications Commission took action against anti-competitive practices, one of which forced the Radio Corporation of America (RCA) to sell the Blue Network, the sister network of NBC Red Network. Blue was purchased by the businessman Edward J. Noble, and he changed its name to the American Broadcasting Company in 1946. In 1953 ABC merged with United Paramount Theatres, the divested former exhibition/cinema division of Paramount Pictures. The newly merged corporation was chaired
Turner Broadcasting System and the Turner Broadcasting campus off Techwood Drive in Midtown Atlanta, which also houses Turner Studios. Across Interstate 75/85 from the Techwood campus is the original home of Turner's WTBS superstation (now separated into its TBS cable network and Peachtree TV), which today houses the headquarters of Adult Swim and Williams Street Productions. Turner Broadcasting System traces its roots to a billboard company in Savannah purchased by Robert Edward Turner II in the late 1940s. Turner grew the business, which later became known as Turner Advertising Company. Robert Edward Turner's son, Ted Turner, inherited the company when the elder Turner