BCA New Biss Code 2023
The Broadcasting Company of America BCA was a short-lived subsidiary of the American Telephone & Telegraph Company AT&T. It was formed in May 1926 in order to consolidate AT&T’s radio station and network operations into a single organization. However, just two months later AT&T announced that the subsidiary was being sold to the Radio Corporation of America RCA. This sale took place on November 1, 1926, and RCA reorganized the BCA assets to form the core of National Broadcasting Company’s NBC network operations, including its Red Network
AT&T had an early interest in radiotelephone development, although initially only as a method for establishing telephone links to locations where it was not possible to string wire lines. Lee de Forest’s development of vacuum-tube amplification would prove invaluable for progress in a number of areas. In July 1913 the company spent $50,000 to purchase from the inventor the patent rights for telephone wire amplification, and in 1915 used this innovation to make the first transcontinental telephone calls. In October 1914, the company further purchased the commercial patent rights for radio signalling for $90,000, and in October 1915 conducted test radio transmissions from the Navy’s station in Arlington, Virginia, NAA, that were heard as far away as Paris, France and Hawaii.
AT&T’s main competitor in the radio field would be the Radio Corporation of America RCA, which was formed in 1919 as a subsidiary of the General Electric GE. Because no single company held sufficient patents rights to operate radio systems without infringing on other company’s patents, a series of cross licensing agreements were concluded between a series of companies holding key patents, and on July 1, 1920 AT&T signed a comprehensive agreement with GE. These agreements in effect assigned dominance in specified areas of the radio industry to individual participating companies, which eventually would meet with anti-trust challenges. In addition, conflicting interpretations of some of the pact’s clauses by the signatories would lead to numerous disputes, especially between AT&T and the other participants, known collectively as the radio group