William Paley: Godfather of broadcasting
During the Roaring '20s, Hollywood became the motion picture capital of America, audiences gasping in delight at the black-and-white silhouettes moving silently and dramatically across a screen. At the same time, New York was becoming the capital of a new technology, radio, and 20 years later its cousin, television. Several men played leading roles in the evolution of this media, but one stands above the others: William S. Paley. The New York Times called him "A 20th-century visionary with the ambitions of a 19th-century robber baron." Paley was born in Chicago on Sept. 28, 1901, to a wealthy family. He attended Western Military Academy, the University of Chicago, and graduated from the University of Pennsylvania's Wharton School of Finance in 1922.