William S. Paley

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William S. Paley

An American businessman who brought CBS to prominence. He started in his family's cigar business, which purchased a number of radio stations in Philadelphia, primarily to advertise the cigars. Paley pioneered quality programming to draw advertisers. He served as owner and executive of CBS for most of his career. He lived from 1901 to 1990.
References in periodicals archive ?
David Sarnoff (who rebounded many times after some unwise decisions) was a visionary, and Bill Paley recognized opportunities.
The Hollywood producers Darryl Zanuck and Cecil B DeMille amplified those messages, as did powerful media figures like Bill Paley, the president of CBS; CD Jackson, the publisher of Fortune; and the media mogul Henry Luce.
Bill Paley famously complained at a CBS stockholders' meeting in 1965 that news coverage--notably of civil rights demonstrations and the funeral of Winston Churchill--had cost stockholders six cents a share due to lost ad revenue.
I started out as secretary to Bill Paley. I said, this is a really nice job but I don't want to be a secretary.
Bill Paley said the leaK in Bull Green Road, thought to be coming from a stop valve, started as a "tricKle" and then became a "stream."
Bill Paley gave us the original over-the-air distribution for television, then Ted Turner gave us cable distribution, now we're leading the next distribution revolution, which is Internet television." The current rate for a monthlong sponsorship of a single show is $20,000 to $30,000, he added.
For a while, TV moguls such as NBC's David Sarnoff and CBS's Bill Paley agreed.
Bill Paley, usually a miser when it came to issuing CBS stock, was convinced by his technical people that owning a TV set manufacturer was critical to the development of its "single-gun" color television system.
And just by-the-by, a few years back, after Bill Paley died, CBS did a live, hour-long "salute to" sort of show.
That certainly helped launch us, but staying on top of the heap once we were launched came from knowing who we were and what we were and what was expected of us by [CBS Chairman] Bill Paley, who ...
Smith also believes that his coverage of civil rights at the turn of the decade between the 1950s and 1960s (relevant now when the FBI is investigating a rash of new black church burnings) made it inevitable he would leave corporate pioneer Bill Paley's CBS News and move to the developing ABC News.
In the good old days, Bill Paley was happy to lose money presenting a news network as a public service, but Westinghouse is not.