ABC
Acronym for the Australian Broadcasting Corporation. Generally
described as a bit like the better-known BBC, but with half the
channels and twice the incompetence. But at least they don't
broadcast "Neighbours". This definition can cause confusion amongst
most of the world, who know the ABC as (a) the alphabet and (b) the
American Broadcasting Company. We won't even begin to mention the
Angolan Broadcasting Collective, the Alaskan Boiling Company, the
Adelaide Buddist Church or the Amsterdam Bicycle Committee. The ABC
was formed in 1932, and initially promoted itself as costing
taxpayers only a ha'penny a day.
-- Daniel Bowen's TOXIC CUSTARPEDIA