Page "American Broadcasting Company" Paragraph 6

RCA finally found a buyer in Edward Noble, owner of Life Savers candy and the Rexall drugstore chain.

In order to complete the station-license transfer, Noble had to sell his New York radio station, WMCA.

Controversy ensued at FCC hearings over Noble's intention to keep Mark Woods on as president, which led to the suggestion that Woods would continue to work with ( and for ) his former employers.

This had the potential to derail the sale.

During the hearings, Woods said the new network would not sell airtime to the American Federation of Labor.

Noble evaded questioning on similar points by hiding behind the NAB code.

Frustrated, the chairman advised Noble to do some rethinking.

Apparently he did, and the sale closed on October 12, 1943.

The new network, known as " The Blue Network ", was owned by the American Broadcasting System, a company Noble formed for the deal.

" Approves Buying of Blue Network ," The New York Times, Wednesday, October 13, 1943.

It sold airtime to organized labor.