Television Network0.As one of the three major commercial networks,CBS was organizedCORRECT00. in 1928 in which its founder, William Paley, acquired ownership of aA41. the group of radio stations.As theColumbiaBroadcasting System42. expanded its operations, and soon becoming the largest radio network43. in the United States, it is precociously recognized the potential for the44. rapidly evolving television broadcasting technology. On July 13th,45. 1931, it began to experimental television broadcasting in New York,46. and ten years later it began regular black and white week broadcasts47. over its WCBW TV station in the same city, in which became WCBS TV48. in November 1946. With TelevisionCity in Hollywood,CBS has launched49. the industry’’s first full scale production studio there. TodayCBS owns50. television stations, radio stations, and home video production and distribution is51. interests. TheCBSBroadcasting Group is composed of six divisions: television52. network, entertainment, sports, news, local television stations, and the radio. For most of commercial television history,CBS has been the leader in prime time ratings, having the highest rated shows in almost every year from the mid-1950s through the mid-1980s.