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
J. Edward Lundy J. Edward Lundy J. Edward Lundy (January 6, 1915 – October 2, 2007) was an American automobile executive who became the chief financial officer of Ford Motor Company. Lundy was one of the Whiz Kids, a group of 10 young and ambitious veterans of the United States Army Air Forces led by Charles B. "Tex" Thornton. Thornton offered their employment as a group to Henry Ford II, and they were hired in 1946. He was assigned as financial planning manager, and his influence grew quickly. He was a leader in developing financial forecasting as a business management tool. He was