McGranery Foiled: Justice Department’s Delayed Warning Derails TV-Radio Merger

Washington D.C. – January 12, 1953 – In a shocking turn of events, the Federal Communications Commission (FCC) has dealt a decisive blow to the proposed merger between American Broadcasting Co and United Paramount Theaters Inc. The massive entertainment merger, which would have merged coast-to-coast radio and television properties with a nationwide system of motion picture houses, has been left reeling in the wake of a stern warning from Attorney General James McGranery.