CBS was founded as a radio network in 1927 and then expanded to television in the 1940s. Although it primarily remained an independent, publicly traded company (NYSE: CBS) throughout most of the 20th century, Paramount Pictures temporarily held a 49% ownership stake from 1929 to 1932.
CBS was founded as a radio network in 1927 and then expanded to television in the 1940s. Although it primarily remained an independent, publicly traded company (NYSE: CBS) throughout most of the 20th century, Paramount Pictures temporarily held a 49% ownership stake from 1929 to 1932.
Source: Wikipedia "History of CBS" · CC BY-SA 4.0
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