Word: paleys
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Married. William Samuel Paley, 30, president of Columbia Broadcasting System; and Mrs. Dorothy Hart Hearst, 23; two weeks after she divorced Publisher Hearst's third son John Randolph Hearst; in Kingman, Ariz. Honeymoon: Hawaii...
...Publisher H. M. Newman of the Fourth Estate, was affiliated with Columbia Phonograph Co. and the Arthur Judson Concert Bureau. Broadcaster Newman got time on WOR and WABC. Then he sold control to a Philadelphia contractor, Jerome Louchheim. When Contractor Louchheim turned Columbia Broadcasting System over to young William Paley it consisted of WABC and 15 affiliated stations bound under loose contracts, and it was costing him more money every...
Shrewd William Paley knew he had a diamond, but he did not know whether it was as big as the Ritz or just an ordinary diamond. He took three months off from the cigar business to find out. He tightened the contracts so that Columbia had an option on certain hours of its affiliates. In addition to cash, he gave the affiliates Columbia's sustaining programs free (National Broadcasting Co. charges for its unsponsored programs). He gathered 22 more stations into his network. Then he refused an offer of $1,500,000 by Paramount Publix Corp. for his company...
That Columbia Broadcasting System was worth more than ten million last week nobody seemed to doubt. At first competitive bidders but finally fellow stock-holders with President Paley were Brown Brothers, Harriman & Co., Lehman Corp., Field, Glore & Co. and Herbert Bayard Swope. Columbia's gross business in 1931 was $11,000,000. It owns five stations outright, has 91 affiliates, is the world's largest radio broadcasting system...
Jazz has made radio broadcasting, and young William Samuel Paley has kept step with the jazz age. Long ago he set himself up in the world like a Fitzgerald hero. Two years ago he moved into a three-story penthouse on svelte Park Avenue, from which he could look down on a building called the Ritz Tower. The apartment was decorated by Theatrical Designer Lee Simonson. It had a dressing room with racks for 100 shirts, 100 neckties, a fancy barroom reached by an aluminum staircase. His modernistic bedroom held a big bed equipped with push buttons for books, chromatic...