Paley, William S.

Paley, William S. definition - finance
The builder of the CBS radio and television networks, which at the time he gained control was a 16-station chain of radio stations formally called the Columbia Broadcasting System. He lured radio talent away from the other networks during the 1940s, which helped make CBS the top-rated network in radio and television until 1976.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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