Word: paleys
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Many CBS sales executives are no longer in favor of any summer holidays for any sponsors. But President William Samuel Paley was once a sponsor himself, became interested in radio when he used it to boost sales of the La Palina cigars his father manufactured. In 1928 he bought himself CBS, built up its station membership until he now controls some 1,600 air hours a day. He sells a goodly slice of these 1,600 hours, but has by no means all for sale. Deductions must be made for: 1) Time differences across the continent. 2) Time given...
...years ago, when Congress Cigar Co.'s Son & Heir Bill Paley became CBS's 27-year-old president, it was a puny network. Although irreverent young employes stealthily called him Pale Billy (purely a trick of transposition, for he likes hot countries, bright sunlight, is usually healthily bronzed), in three months he tightened CBS's contracts with its affiliates, gathered 22 more stations into his network, refused to sell CBS to Paramount Publix Corp. for $1,500,000. Nine months later he sold Paramount Publix a half interest for $5,000,000, within three years bought...
Nominated by the American Radio Relay League, this 32-year-old father of two last week was selected for the 1937 William Samuel Paley Amateur Radio Award, a sculptural abstraction of aluminum rods and spheres. The Paley Award was founded in"recognition of relief work done by radio amateurs in the 1936 flood disasters. Last year it went to Coudersport, Pa.'s Ham Walter Stiles Jr. He. in March 1936, moved a half ton of radio gear to flood-stricken Renovo, Pa., restored communication contact with the outside world to bring food, clothing and medicine to 4,000 people...
Reason for Mr. Paley's perturbation was that the Federal Communications Commission (chairman: Frank McNinch, Franklin Roosevelt's "Trouble Shooter") began last week the investigation of radio which broadcasters have expected ever since Mae West's "script tease" in December. In charge of a committee to look into charges of monopoly was Paul Walker, a man whose name few people knew before he presented a report on American Tel. & Tel. last fortnight...
...hours before William Paley went on the air, David Sarnoff, president of RCA, met his stockholders in Radio City's Studio No. 8-H, world's biggest. For the last few years RCA meetings have been furious affairs, with abuse, denunciation and a certain amount of gloomy prophesying. But last autumn RCA declared its first common stock dividend, and last week Mr. Sarnoff's stockholders confined themselves to asking how about Frank McNinch and Paul Walker. Said Mr. Sarnoff: "We have nothing to conceal, nothing to hide...