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.
Association for Business Communication
In 1990, ABC moved its headquarters from Illinois first to the University of North Texas (1990–1994) and then to Baruch College CUNY in New York City (from 1994–2007) and then to Stephen F. Austin State University in Nacogdoches, Texas (from 2007–2011). Presently, the ABC is headquartered at Stephen F. Austin State University in Nacogdoches, Texas.