But Grigsby had encountered stiff competition from RCA, which claimed to hold patents on radio tubes essential to the manufacture of modern radio equipment. Grigsby thus had to pay royalties to its staunchest competitor. Grigsby "loved CBS," Paley recalled in his memoir, "because they hated RCA," and RCA was the parent company of NBC."
( John Dunning )
[ On the Air: The Encyclopedia ]
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