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.
American Broadcasting Company
All of ABC's owned-and-operated stations and affiliates have had their own facilities and studios, but transverse entities have been created to produce national programming. As a result, television series were produced by ABC Circle Films beginning in 1962 and by Touchstone Television beginning in 1985, before Touchstone was reorganized as ABC Studios in February 2007. Since the 1950s, ABC has had two main production facilities: the ABC Television Center (now The Prospect Studios) on Prospect Avenue in Hollywood, California, shared with the operations of KABC-TV until 1999; and the ABC Television Center, East, a set of studios located throughout the New York City.