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Paley; however, a merger with CBS would have forced that network to sell its New York City and Los Angeles stations at the very least.
However, the transaction had to be approved by the FCC because of the presence of television networks and the recent separation between Paramount and UPT.
Insofar as Paramount Pictures was already a shareholder in the Du Mont Television Network, the FCC conducted a series of hearings to ensure whether Paramount was truly separated from United Paramount Theatres, and whether it was violating antitrust laws.
In 1952, when the release of the FCC's Sixth Report and Order announced the end of its freeze on new station license applications, among the issues the Commission was slated to address was whether to approve the UPT-ABC merger.
Noble received other offers, including one from CBS founder William S.Having no power over the networks themselves, the FCC established a regulation forbidding licenses to be issued for radio stations if they were affiliated with a network which already owned multiple networks a package that included leases on landlines, three pending television licenses (WJZ-TV in New York City, KGO-TV in San Francisco and WENR-TV in Chicago), 60 affiliates, four operations facilities (in New York City, Chicago, Los Angeles and Washington D.C.), contracts with actors, and the brand associated with the Blue Network. (which was later acquired by the Swiss Bank Corporation in 1997) offered .5 million to purchase the network, but the offer was rejected by Woods and RCA president David Sarnoff. The network's acquisition of Detroit radio station WXYZ from King Trendle Broadcasting in 1946 for a little less than million (and which remained under ABC ownership until 1984), However, ABC made a name for itself by utilizing the practice of counterprogramming, with which it often placed shows of its own against the offerings of NBC and CBS, adopting the use of the Magnetophon tape recorder, brought to the U. from Nazi Germany after its conquest, to pre-record its programming.At the same time he made attempts to help grow ABC, Goldenson had been trying since mid-1953 to provide content for the network by contacting his old acquaintances in Hollywood, with whom he had worked when UPT was a subsidiary of Paramount Pictures.the latter of which had previously been more connected to radio.