The Radio Industry the Story of Its Development

Cover The Radio Industry the Story of Its Development
The Radio Industry the Story of Its Development
Harvard University Graduate School of Business Ad
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Work of this nature requires the highest kind of engineering and research skill. It re- quires expensive and extensive facilities and the expendi- tures of large sums of money. There are, therefore, only a few organizations in the world that are in a position to undertake work of this kind.
START OF NATIONAL BROADCASTING COMPANY Mr. Owen D. Young, chairman of the Board of Di- rectors of the Radio Corporation of America to whose foresight and wonderful organizing ability is due much of the prese
...nt development in the radio field, realizing this condition, proposed a plan of cooperation between the Radio Corporation of America, the General Electric Company, and the Westinghouse Electric and Manu- facturing Company whereby this important field of broad- casting could be organized and developed. This resulted in the formation of the National Broadcasting Com- pany, an organization to devote its whole effort to the building up and developing of the broadcasting service through improved methods and programs, and to furnish a service throughout the country to properly located and selected stations in a manner similar to the service fur- nished to newspapers by the various press associations.

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