American Broadcasting Company
The American Broadcasting Company (ABC) is an American commercial broadcast television and radio network that serves as the flagship property of the Disney Television Group division of the Walt Disney Company. The youngest of the "Big Three" American television networks, the network is sometimes referred to as the Alphabet Network, as its initialism also represents the first three letters of the English alphabet in order. ABC launched as a radio network in 1943, as the successor to the NBC Blue Network, which had been purchased by Edward J. Noble. It extended its operations to television in 1948, following in the footsteps of established broadcast networks CBS and NBC, as well as the lesser-known DuMont. In the mid-1950s, ABC merged with United Paramount Theatres (UPT), a chain of movie theaters that formerly operated as a subsidiary of Paramount Pictures. Leonard Goldenson, who had been the head of UPT, made the then-new television network profitable by helping to develop and green-light many successful television series. In the 1980s, after purchasing an 80 percent interest in cable sports channel ESPN, the network's corporate parent, American Broadcasting Companies, Inc., merged with Capital Cities Communications, owner of several television and radio stations and print publications, to form Capital Cities/ABC Inc., which in turn merged into Disney in 1996. ABC has eight owned-and-operated and more than 230 affiliated television stations throughout the United States and it
