Search results
$356 million
- Last year, Mr. Paley's CBS fortune was estimated at $356 million.
People also ask
When did William S Paley die?
Who was Bill Paley?
How did Samuel Paley become a millionaire?
When did William Paley resign?
Oct 28, 1990 · In 1931, CBS showed a net profit of $2.35 million, almost equal to that of NBC. In 1943, Mr. Paley went to North Africa to organize radio activities for the Office of War Information.
- Bart Barnes
Oct 27, 1990 · William S. Paley, the cigar-maker’s son who took an infant network of 16 radio stations in 1928 and parented it into a billion-dollar news and entertainment empire called CBS, died late...
Oct 24, 1976 · On paper, Mr. Paley's initial $100,000 has been run into CBS stock worth between $80 million and $90 million in the current market, and his 1,683,312 shares (at 5.8 percent, the...
- CBS
- Other Interests
- Legacy
- Referencesisbn Links Support Nwe Through Referral Fees
Paley's career took a fateful turn in 1927 when his father and some business partners bought a struggling Philadelphia-based radio network of 16 stations called the Columbia Phonographic Broadcasting System, the forerunner of Columbia Broadcasting System (CBS). Samuel Paley's intention had been to use his acquisition as nothing more than a medium f...
In the 1940s, Paley and Leon Levy formed Jaclyn Stable that owned and raced a string of thoroughbred race horses. Paley purchased Major League Baseball's New York Yankees in 1964 from Dan Topping and Del Webb for $11.2 million. He owned the team for nine unsuccessful years, not making the playoffs once. Paley sold the team in 1973 to Cleveland ship...
Paley transformed the broadcasting industry into the model that operates in the United States today. He changed broadcasters from operating as individual units to acting as actual networks. This vision set the stage for the large broadcast conglomerates to hold power in television and radio. Such a development played a large role in the popularizat...
Hewitt, Don. Tell Me a Story: Fifty Years and 60 Minutes in Television. Public Affairs, 2000. ISBN 158648141XPaley, William S. As It Happened: A Memoir. New York: Doubleday, 1979. ISBN 0385146396Paper, Lewis J. Empire: William S. Paley and the Making of CBS. St. Martin's Press, 1989. ISBN 0312025726Rockefeller, David. Memoirs. New York: Random House, 2002. ISBN 0679405887Oct 17, 2005 · William S. Paley, the cigarmaker's son who bought a radio network for $400,000 in 1928 and turned it into CBS Inc., died late Friday night. Paley, 89, died at his Manhattan home.
Oct 30, 2017 · A Chicago-born scion of a wealthy cigar manufacturer, Paley was a graduate of the Wharton School of the University of Pennsylvania. Excited by radio's possibilities after sponsoring a show through his family's business, Paley bought controlling interest in United Independent Broadcasters for $503,000 in September 1928.
Industry: Entertainment & Broadcast Media. Era: 1920. After entering the media and entertainment field on somewhat of a whim, Paley grew his small radio concern into a media conglomerate with success in radio, television, music, media equipment and more. CBS competed heavily with the larger, older NBC, but ultimately, Paley's ability to read ...
Searches related to william s. paley net worth
william's paley net worth today
