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Issue:

Business

 

Written by:

Robert J

 

Date added:

July 10, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1251

 

Was viewed:

6423 times

 

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Essay content:

In the 1950s, the two companies each commanded an estimated 40% share of network revenue for that decade's hot new medium, TV. Domination didn't last. In 1941, NBC, owner of two radio networks dubbed Red and Blue, was ordered by the Federal Communications Commission to sell one. It sold Blue, which took the name ABC...
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In 1941, NBC, owner of two radio networks dubbed Red and Blue, was ordered by the Federal Communications Commission to sell one. It sold Blue, which took the name ABC. A cozy oligopoly of CBS, NBC and ABC maintained a lock on national TV through the 1980s, enriching networks and agencies. But the rise of cable, the arrival of News Corp...
displayed 300 characters

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