Edward J. Noble of its two radio networks, he founded the American Broadcasting Company (ABC) when he purchased the Blue Network (formerly part of NBC) on October 12, 1943. He tried to build ABC into an innovative and competitive broadcaster, but was hampered by financial problems and the pressure of competing with long-established NBC and CBS. By 1951, he entered negotiations to merge the network with United Paramount Theaters, headed by Leonard Goldenson; Goldenson became chairman of the ABC network, while Noble sat on its board of directors for the rest of his life. Noble, 76, died at his home on December 28,
Edward J. Noble 1958, after several months of illness. In 1943, Noble bought the St. Catherines Island on the coast of Georgia; in 1968, ten years after his death, the island was transferred to the Edward J. Noble Foundation. The island is now owned by the St. Catherines Island Foundation, and the island's interior is operated for charitable, scientific, literary, and educational purposes. The foundation aims to promote conservation of natural resources, the survival of endangered species, and the preservation of historic sites, and to expand human knowledge in the fields of ecology, botany, zoology, natural history, archaeology, and other scientific and educational