Marconi Wireless Telegraph Company of America government officials balked at returning the American Marconi stations to the original owners, distrusting British control of radio communication due to national security concerns. Lead by the U.S. Navy, the government pressured the Marconi companies to transfer American Marconi to a U.S. owner. The American Marconi assets were purchased by General Electric in 1919, which provided the foundation for creating its new subsidiary, the Radio Corporation of America. On July 20, 1897, the Wireless Telegraph and Signal Company, Limited, was founded in London to promote the radio inventions of Guglielmo Marconi. (The company's name was changed to Marconi's Wireless Telegraph
Premiata Forneria Marconi live performances included songs by groups such as King Crimson and Jethro Tull. Other early influences included Chicago, Ekseption, and The Flock. They had a long name, as Italian progressive bands tended to have back then (Banco del Mutuo Soccorso, Raccomandata con Ricevuta di Ritorno, etc.), and so were usually referred to as 'La Premiata', and later 'PFM'. After rejecting Isotta Fraschini (an Italian car maker) the group finally settled on Pagani's suggestion, 'Forneria Marconi' (meaning 'Marconi Bakery'), borrowed from the sign of a shop in the small town of Chiari, near Brescia. However, record producer and friend Alessandro Colombini