Leonard Goldenson
Goldenson orchestrated the merger of United Paramount Theatres with ABC in 1953 (after Paramount was ordered to spin it off in the wake of "United States v. Paramount Pictures, Inc.", a 1948 decree of the U.S. Supreme Court). ABC was originally formed in 1943 in the wake of an earlier Supreme Court decree effectively ordering the spinoff of the largely secondary-status "Blue Network" from its then-parent, NBC; its buyer, industrialist Edward J. Noble, tried to build ABC into a competitive Broadcasting company, but by 1951 was rumored to be on the verge of selling the nearly bankrupt operation to CBS, whose management apparently wanted ABC's critically important owned-and-operated television stations.
ABC Owned Television Stations
The ABC Owned TV Stations (ABCOTS) were paired with ABC Radio Network and eight TV stations in CC/ABC Broadcasting Group in Capital Cities/ABC (CC/ABC) when CC/ABC was purchased by The Walt Disney Company in 1996. In June, ABC top marketing officer announced the O&O stations would adopt a "one-channel" marketing strategy where the stations would for promotional purposes drop call letter for ABC and channel number as the marketer had this adopted at NBC before.