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CBS Broadcasting Inc., commonly shortened to CBS (an abbreviation of its original name, Columbia Broadcasting System), is an American commercial broadcast television and radio network serving as the flagship property of the CBS Entertainment Group division of Paramount Global and is one of the company's three flagship subsidiaries, along with namesake Paramount Pictures and MTV.
CBS was founded as a radio network in 1927 and then expanded to television in the 1940s. Although it primarily remained an independent company throughout most of the 20th century, Paramount Pictures temporarily held a 49 percent ownership stake from 1929 to 1932.
William S. Paley. William Samuel Paley (September 28, 1901 – October 26, 1990) [1] was an American businessman, primarily involved in the media, and best known as the chief executive who built the Columbia Broadcasting System (CBS) from a small radio network into one of the foremost radio and television network operations in the United States.
It was the world's eighth largest entertainment company in terms of revenue and headquartered at the CBS Building in Midtown Manhattan, New York City. [4] CBS Corporation announced on August 13, 2019, that it would merge with Viacom for the second time to form ViacomCBS (now known as Paramount Global). [5]
CBS News; Division of: CBS: Founded: September 18, 1927; 97 years ago () ... CBS News is the news division of the American television and radio broadcaster CBS.
CBS was founded in 1927, which Paramount Pictures held a 49 percent ownership stake in from 1929 to 1932. [ 12 ] [ 13 ] In 1952, CBS formed CBS Television Film Sales, a division which handled syndication rights for CBS's library of network-owned television series.
From the 1950s to the 1980s, during the network era of American television, there were three commercial broadcast television networks – NBC (the National Broadcasting Company, "the Peacock Network"), CBS (the Columbia Broadcasting System, "the Eye Network"), ABC (the American Broadcasting Company, "the Alphabet Network") – that due to their longevity and ratings success are informally ...
The following is a list of presidents of the entertainment division for the CBS television network. Frank Stanton, who served as the president of CBS between 1946 and 1971 and then as vice chairman until 1973, reorganized CBS into various divisions, including separate divisions for television and radio; the following executives served under him, CBS founder William S. Paley and later chairmen.