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02-01-2020
Business

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The company formerly known as the Columbia Phonography Company was bought by what business owner whose developments in news programming and entertainment helped the company surpass NBC as the highest-rated radio network?

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05-01-2020

Answer:

William S. Paley

Explanation:

Paley bought Columbia Phonograph Company in 1929, and changed its name to Columbia Broadcasting System (later CBS Inc.). Initially CBS had 25 radio networks in the air and it entered the television network business in 1941. Eventually CBS became one of the largest American broadcast television networks.

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