Background
The network is the oldest unit of the CBS Corporation and traces its roots to CBS's predecessor, United Independent Broadcasters, founded in 1927 with 47 affiliates. The next year, Columbia Records invested in the radio network, which was named the Columbia Phonographic Broadcasting System. Eventually, Columbia pulled its backing from the struggling web. William S. Paley bought a half-interest in what became the Columbia Broadcasting System in 1928 and became its president. (In 1938, CBS bought back Columbia Records.) For more about the network's history, see CBS.
Read more about this topic: CBS Radio Network
Famous quotes containing the word background:
“Silence is the universal refuge, the sequel to all dull discourses and all foolish acts, a balm to our every chagrin, as welcome after satiety as after disappointment; that background which the painter may not daub, be he master or bungler, and which, however awkward a figure we may have made in the foreground, remains ever our inviolable asylum, where no indignity can assail, no personality can disturb us.”
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