Paley, William S.

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Paley, William S. (Samuel)

(1901–91) broadcast executive; born in Chicago. He joined the family business, Congress Cigar Co., in Philadelphia, after graduation in 1922 from the Wharton School of Finance at the University of Pennsylvania. Impressed with the results of advertising the family's La Palina cigars on a fledgling local radio network, he bought the network for $300,000 in 1928. A year later, it became the Columbia Broadcasting System (CBS) and grew into one of the most powerful radio and television broadcasting networks in the nation, with Paley at the helm for 50 years. Among his accomplishments were development of the country's best broadcast news operation and the establishment of Columbia Records as one of the most successful recording companies in the world. He was notorious for his talent raids on competitors like the National Broadcasting Company (NBC), from which he wooed Jack Benny, Red Skelton, and Frank Sinatra. An art connoisseur, he served as president of the Museum of Modern Art.
References in periodicals archive ?
The William S. Paley Center gathers the casts of hit TV shows for a screening and an in-depth discussion about their work.
Previously known as The Museum of Television & Radio, the Paley Center was founded in 1975 by William S. Paley, a pioneering innovator in the industry,
Here's the announcement from the Paley Center, founded in 1975 by former CBS president William S. Paley:
Formerly called the Museum of Television and Radio, it was set up in 1975 by CBS founder William S. Paley, and seeks to create a neutral platform where media professionals can brainstorm about the evolving media landscape.
As the right-hand man to CBS founder William S. Paley, Stanton is remembered as the "patron saint" of broadcasting who helped stave off government intrusion as television grew into an entertainment and news powerhouse.
Or so says file Museum of Television and Radio with its lineup for the 22nd annual William S. Paley Television Festival, beginning in Los Angeles March 2.
Famous people with this attitude included Milton Hershey (candy), Henry Ford (autos) and William S. Paley (television).
The following excerpt deals with his participation, as counsellor to CBS Corp.'s longtime patriarch, William S. Paley, in the ouster by the board of CEO Thomas Wyman in 1986.