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.
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Key Facts
- State: National
- Category: Public Corruption
- Era: Historical
- Source: Library of Congress — Chronicling America ↗
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