HWOF

Leonard Goldenson

Source: teletronic.co.uk

Leonard H. Goldenson (December 7, 1905 – December 27, 1999) was President of the U.S. television and radio broadcaster ABC. He orchestrated the merger of his United Paramount Theatres with ABC in 1953 (after Paramount Pictures was ordered to spin it off in the wake of United States v. Paramount Pictures, Inc., a decree of the U.S. Supreme Court). ABC was formed in 1943 in the wake of another 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 valiantly to build ABC into an innovative and competitive broadcaster, but by 1953 was rumored to be on the verge of selling the nearly bankrupt operation to CBS. After Goldenson rescued ABC with a $25 million cash infusion, he became the founding chairman of the merged company called American Broadcasting-Paramount Theatres.

• Born: December 7, 1905
• Died: December 27, 1999 (Aged 94)
• Occupation: Businessman

Read more about Leonard H. Goldenson at Wikipedia or at the Internet Movie Database

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