Magazine content is available exclusively for TIME subscribers.Radio: Old Blue's New Blue
RCA's orphan, the Blue Network (TIME, Jan. 11), left the orphanage last week. Edward John Noble (Life Savers) took the foundling away for $8,000,000 cash. For a year and a half the No. 3 U.S. chain had been up for sale because FCC decided that no broadcasting corporation should own two networks.
For his money, Owner Noble got a going concern of 155 affiliated stations, three owned stations (Manhattan's WJZ, Chicago's WENR (half-owned), San Francisco's KGO). After the war he will have to shell out more millions for his own studios and equipment....
To read the entire article, you must be a TIME subscriber. Already registered? Sign in below
Current print subscribers to register
Subscribe now to get TIME All Access
Email, Password or Region is incorrect
A required form parameter was missing.
The System is currently down. Please try again in a few minutes.
Email Address is invalid
Password is blank
Most Popular »
- Your Turn, Canada: A Second-By-Second Look at Jeremy Lin Lighting Up Toronto
- Linsanity Heads East, Linfects China and Taiwan
- Love Ever After: A Valentine’s Day Special
- Can Jeremy Lin End The MSG/Time Warner Cable War?
- After Whitney Houston, Musicians Say: I'm Afraid
- What's in Your Lipstick? FDA Finds Lead in 400 Shades
- Rick Santorum Wants to Fight 'The Dangers Of Contraception'
- Top 10 Famous Love Letters
- Move Over, Pajama Jeans: Dress-Pant Sweatpants Have Arrived
- Music: White Lies and The White Stripes
- Harvard's Hoops Star Is Asian. Why's That a Problem?
- With Syria's Rebels: A Visit to a Bombmaker's Factory
- Beirut: Where Valentine's Day Belongs to Another Kind of Saint
- Study: Lead Poisoning Could Lurk in Spices
- Europe's Deep Freeze: Why Climate Change Is Not (Entirely) to Blame
- Children of the New India: How Economic Reforms Impacted Upon the Young
- Friends With Benefits
- Iowa Welcomes Back China's Next President
- The Brain: The Mystery of Consciousness
- What Happens When We Die?
More News from Our Partners
Top Stories on TIME.com
Quotes of the Day »
ADELE, multi Grammy-award winning singer, in an interview given to Vogue before last Sunday's ceremony, on her plans to take a lengthy break. Her last album 21 was inspired by a failed relationship but the Londoner is now "madly in love"
