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For the black and white. In the meantime, in each of the communities we were applying for, there were many people who saw the potential of television and said, “We want to get a license too.” So we were way back in the line.
So you had the right to work with color but that manufacturing had to be stopped till the end of the war, and then you didn't have stations --
We didn't have receivers to sell. We didn't have audience to look at them anyway. So that's what I meant by ending up with an empty bag.
In the meantime, we were going ahead with a black and white television network, but we didn't own stations in markets that could help support our network activity.
Right.
RCA, in the meantime, was selling black and white receivers at high prices, making a lot of money which they could throw into the broadcasting side and beat our brains out.
And yours was all coming from radio profits?
That's right. And radio was like this. [declining]
So, I looked at every market where I thought we might purchase a station. And I developed an idea that was later shot down by the FCC, and that was: instead of having five markets where we owned the stations a hundred percent, we would have one market where we owned
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