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| | CBS FACTS AND INFORMATION (Site not responding. Last check: 2007-10-22) |
 | | With the infusion of cash from these investors, in November of 1928 Columbia paid $390,000 to A.H._Grebe's Atlantic_Broadcasting_Company for a small Brooklyn station, WABC, which would become the network's flagship station. |
 | | Even with increased backing, the network continued to lose money, and on January_18 1929, Columbia Phonographic sold its half-interest for $400,000 to William_S._Paley, son of a Philadelphia cigar manufacturer. |
 | | Though there were many competing patents and systems, RCA dictated the content of the FCC's technical standards, and grabbed the spotlight from CBS, DuMont and others by introducing television to the general public at the 1939_New_York_World's_Fair. |
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