1.
Carl Van Vechten
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Carl Van Vechten was an American writer and artistic photographer who was a patron of the Harlem Renaissance and the literary executor of Gertrude Stein. Born in Cedar Rapids, Iowa, he was the youngest child of Charles and he graduated from Washington High School in 1898, and later the University of Chicago in 1903. In 1906, he moved to New York City and he was hired as the assistant music critic at The New York Times. His interest in opera had him take a leave of absence from the paper in 1907, while in England he married his long-time friend from Cedar Rapids, Anna Snyder. He returned to his job at the New York Times in 1909, at that time, Isadora Duncan, Anna Pavlova, and Loie Fuller were performing in New York City. The marriage to Anna Snyder ended in divorce in 1912 and he wed actress Fania Marinoff in 1914 and their marriage lasted until the end of his life, even while his relationships with men were an open secret. They continued corresponding for the remainder of Steins life, and at her death she appointed Van Vechten her literary executor, several books of Van Vechtens essays on various subjects such as music and literature were published between 1915 and 1920. Van Vechtens controversial novel Nigger Heaven was published in 1926 and his essay Negro Blues Singers was published in Vanity Fair in 1926. Biographer Edward White suggests Van Vechten was convinced that Negro culture was the essence of America, by the start of the 1930s and at age 50, Van Vechten was finished with writing and took up photography, using his apartment at 150 West 55th Street as a studio. After the 1930s Van Vechten published little writing, though he continued writing letters to many correspondents, Van Vechten died in 1964, at the age of 84, in New York City. Most of Van Vechtens personal papers are held by the Beinecke Rare Book, the Beinecke Library also holds a collection titled Living Portraits, Carl Van Vechtens Color Photographs Of African Americans, 1939–1964, a collection of 1,884 color Kodachrome slides. The Library of Congress has a collection of approximately 1,400 photographs, there is also a collection of Van Vechtens photographs in the Prentiss Taylor collection in the Smithsonians Archives of American Art, and a Van Vechten collection at Fisk University. The Museum of the City of New Yorks collection includes 2,174 of Carl Van Vechtens photographs, brandeis Universitys department of Archives & Special Collections holds 1,689 Carl Van Vechten portraits. Van Vechten also donated materials to Fisk University to form the George Gershwin Memorial Collection of Music, the album ’O, Write My Name’, American Portraits, Harlem Heroes was completed in 1983. That year, the National Endowment for the Arts transferred the Eakins Press Foundation’s prototype albums to the permanent collection of the Smithsonian American Art Museum, dust Tracks on a Road, An Autobiography. Guide to the Carl Van Vechten papers, 1833–1965, manuscripts and Archives, New York Public Library. Carl Van Vechten collection of papers, 1911–1964, berg Collection of English and American Literature, New York Public Library
2.
St. Louis
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St. Louis is an independent city and major U. S. port in the state of Missouri, built along the western bank of the Mississippi River, on the border with Illinois. Prior to European settlement, the area was a regional center of Native American Mississippian culture. The city of St. Louis was founded in 1764 by French fur traders Pierre Laclède and Auguste Chouteau, in 1764, following Frances defeat in the Seven Years War, the area was ceded to Spain and retroceded back to France in 1800. In 1803, the United States acquired the territory as part of the Louisiana Purchase, during the 19th century, St. Louis developed as a major port on the Mississippi River. In the 1870 Census, St. Louis was ranked as the 4th-largest city in the United States and it separated from St. Louis County in 1877, becoming an independent city and limiting its own political boundaries. In 1904, it hosted the Louisiana Purchase Exposition and the Summer Olympics, the economy of metro St. Louis relies on service, manufacturing, trade, transportation of goods, and tourism. This city has become known for its growing medical, pharmaceutical. St. Louis has 2 professional sports teams, the St. Louis Cardinals of Major League Baseball, the city is commonly identified with the 630-foot tall Gateway Arch in Downtown St. Louis. The area that would become St. Louis was a center of the Native American Mississippian culture and their major regional center was at Cahokia Mounds, active from 900 AD to 1500 AD. Due to numerous major earthworks within St. Louis boundaries, the city was nicknamed as the Mound City and these mounds were mostly demolished during the citys development. Historic Native American tribes in the area included the Siouan-speaking Osage people, whose territory extended west, European exploration of the area was first recorded in 1673, when French explorers Louis Jolliet and Jacques Marquette traveled through the Mississippi River valley. Five years later, La Salle claimed the region for France as part of La Louisiane. The earliest European settlements in the area were built in Illinois Country on the east side of the Mississippi River during the 1690s and early 1700s at Cahokia, Kaskaskia, migrants from the French villages on the opposite side of the Mississippi River founded Ste. In early 1764, after France lost the 7 Years War, Pierre Laclède, the early French families built the citys economy on the fur trade with the Osage, as well as with more distant tribes along the Missouri River. The Chouteau brothers gained a monopoly from Spain on the fur trade with Santa Fe, French colonists used African slaves as domestic servants and workers in the city. In 1780 during the American Revolutionary War, St. Louis was attacked by British forces, mostly Native American allies, the founding of St. Louis began in 1763. Pierre Laclede led an expedition to set up a fur-trading post farther up the Mississippi River, before then, Laclede had been a very successful merchant. For this reason, he and his trading partner Gilbert Antoine de St. Maxent were offered monopolies for six years of the fur trading in that area
3.
New York City
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The City of New York, often called New York City or simply New York, is the most populous city in the United States. With an estimated 2015 population of 8,550,405 distributed over an area of about 302.6 square miles. Located at the tip of the state of New York. Home to the headquarters of the United Nations, New York is an important center for international diplomacy and has described as the cultural and financial capital of the world. Situated on one of the worlds largest natural harbors, New York City consists of five boroughs, the five boroughs – Brooklyn, Queens, Manhattan, The Bronx, and Staten Island – were consolidated into a single city in 1898. In 2013, the MSA produced a gross metropolitan product of nearly US$1.39 trillion, in 2012, the CSA generated a GMP of over US$1.55 trillion. NYCs MSA and CSA GDP are higher than all but 11 and 12 countries, New York City traces its origin to its 1624 founding in Lower Manhattan as a trading post by colonists of the Dutch Republic and was named New Amsterdam in 1626. The city and its surroundings came under English control in 1664 and were renamed New York after King Charles II of England granted the lands to his brother, New York served as the capital of the United States from 1785 until 1790. It has been the countrys largest city since 1790, the Statue of Liberty greeted millions of immigrants as they came to the Americas by ship in the late 19th and early 20th centuries and is a symbol of the United States and its democracy. In the 21st century, New York has emerged as a node of creativity and entrepreneurship, social tolerance. Several sources have ranked New York the most photographed city in the world, the names of many of the citys bridges, tapered skyscrapers, and parks are known around the world. Manhattans real estate market is among the most expensive in the world, Manhattans Chinatown incorporates the highest concentration of Chinese people in the Western Hemisphere, with multiple signature Chinatowns developing across the city. Providing continuous 24/7 service, the New York City Subway is one of the most extensive metro systems worldwide, with 472 stations in operation. Over 120 colleges and universities are located in New York City, including Columbia University, New York University, and Rockefeller University, during the Wisconsinan glaciation, the New York City region was situated at the edge of a large ice sheet over 1,000 feet in depth. The ice sheet scraped away large amounts of soil, leaving the bedrock that serves as the foundation for much of New York City today. Later on, movement of the ice sheet would contribute to the separation of what are now Long Island and Staten Island. The first documented visit by a European was in 1524 by Giovanni da Verrazzano, a Florentine explorer in the service of the French crown and he claimed the area for France and named it Nouvelle Angoulême. Heavy ice kept him from further exploration, and he returned to Spain in August and he proceeded to sail up what the Dutch would name the North River, named first by Hudson as the Mauritius after Maurice, Prince of Orange
4.
New York (state)
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New York is a state in the northeastern United States, and is the 27th-most extensive, fourth-most populous, and seventh-most densely populated U. S. state. New York is bordered by New Jersey and Pennsylvania to the south and Connecticut, Massachusetts, and Vermont to the east. With an estimated population of 8.55 million in 2015, New York City is the most populous city in the United States, the New York Metropolitan Area is one of the most populous urban agglomerations in the world. New York City makes up over 40% of the population of New York State, two-thirds of the states population lives in the New York City Metropolitan Area, and nearly 40% lives on Long Island. Both the state and New York City were named for the 17th-century Duke of York, the next four most populous cities in the state are Buffalo, Rochester, Yonkers, and Syracuse, while the state capital is Albany. New York has a diverse geography and these more mountainous regions are bisected by two major river valleys—the north-south Hudson River Valley and the east-west Mohawk River Valley, which forms the core of the Erie Canal. Western New York is considered part of the Great Lakes Region and straddles Lake Ontario, between the two lakes lies Niagara Falls. The central part of the state is dominated by the Finger Lakes, New York had been inhabited by tribes of Algonquian and Iroquoian-speaking Native Americans for several hundred years by the time the earliest Europeans came to New York. The first Europeans to arrive were French colonists and Jesuit missionaries who arrived southward from settlements at Montreal for trade, the British annexed the colony from the Dutch in 1664. The borders of the British colony, the Province of New York, were similar to those of the present-day state, New York is home to the Statue of Liberty, a symbol of the United States and its ideals of freedom, democracy, and opportunity. In the 21st century, New York has emerged as a node of creativity and entrepreneurship, social tolerance. On April 17,1524 Verrazanno entered New York Bay, by way of the now called the Narrows into the northern bay which he named Santa Margherita. Verrazzano described it as a vast coastline with a delta in which every kind of ship could pass and he adds. This vast sheet of water swarmed with native boats and he landed on the tip of Manhattan and possibly on the furthest point of Long Island. Verrazannos stay was interrupted by a storm which pushed him north towards Marthas Vineyard, in 1540 French traders from New France built a chateau on Castle Island, within present-day Albany, due to flooding, it was abandoned the next year. In 1614, the Dutch under the command of Hendrick Corstiaensen, rebuilt the French chateau, Fort Nassau was the first Dutch settlement in North America, and was located along the Hudson River, also within present-day Albany. The small fort served as a trading post and warehouse, located on the Hudson River flood plain, the rudimentary fort was washed away by flooding in 1617, and abandoned for good after Fort Orange was built nearby in 1623. Henry Hudsons 1609 voyage marked the beginning of European involvement with the area, sailing for the Dutch East India Company and looking for a passage to Asia, he entered the Upper New York Bay on September 11 of that year
5.
United States
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Forty-eight of the fifty states and the federal district are contiguous and located in North America between Canada and Mexico. The state of Alaska is in the northwest corner of North America, bordered by Canada to the east, the state of Hawaii is an archipelago in the mid-Pacific Ocean. The U. S. territories are scattered about the Pacific Ocean, the geography, climate and wildlife of the country are extremely diverse. At 3.8 million square miles and with over 324 million people, the United States is the worlds third- or fourth-largest country by area, third-largest by land area. It is one of the worlds most ethnically diverse and multicultural nations, paleo-Indians migrated from Asia to the North American mainland at least 15,000 years ago. European colonization began in the 16th century, the United States emerged from 13 British colonies along the East Coast. Numerous disputes between Great Britain and the following the Seven Years War led to the American Revolution. On July 4,1776, during the course of the American Revolutionary War, the war ended in 1783 with recognition of the independence of the United States by Great Britain, representing the first successful war of independence against a European power. The current constitution was adopted in 1788, after the Articles of Confederation, the first ten amendments, collectively named the Bill of Rights, were ratified in 1791 and designed to guarantee many fundamental civil liberties. During the second half of the 19th century, the American Civil War led to the end of slavery in the country. By the end of century, the United States extended into the Pacific Ocean. The Spanish–American War and World War I confirmed the status as a global military power. The end of the Cold War and the dissolution of the Soviet Union in 1991 left the United States as the sole superpower. The U. S. is a member of the United Nations, World Bank, International Monetary Fund, Organization of American States. The United States is a developed country, with the worlds largest economy by nominal GDP. It ranks highly in several measures of performance, including average wage, human development, per capita GDP. While the U. S. economy is considered post-industrial, characterized by the dominance of services and knowledge economy, the United States is a prominent political and cultural force internationally, and a leader in scientific research and technological innovations. In 1507, the German cartographer Martin Waldseemüller produced a map on which he named the lands of the Western Hemisphere America after the Italian explorer and cartographer Amerigo Vespucci
6.
Broadway theatre
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Along with Londons West End theatres, Broadway theatres are widely considered to represent the highest level of commercial theatre in the English-speaking world. The Theater District is a popular tourist attraction in New York City, the great majority of Broadway shows are musicals. They presented Shakespeare plays and ballad operas such as The Beggars Opera, in 1752, William Hallam sent a company of twelve actors from Britain to the colonies with his brother Lewis as their manager. They established a theatre in Williamsburg, Virginia and opened with The Merchant of Venice, the company moved to New York in the summer of 1753, performing ballad operas and ballad-farces like Damon and Phillida. The Revolutionary War suspended theatre in New York, but thereafter theatre resumed in 1798, the Bowery Theatre opened in 1826, followed by others. Blackface minstrel shows, a distinctly American form of entertainment, became popular in the 1830s, by the 1840s, P. T. Barnum was operating an entertainment complex in lower Manhattan. In 1829, at Broadway and Prince Street, Niblos Garden opened, the 3, 000-seat theatre presented all sorts of musical and non-musical entertainments. In 1844, Palmos Opera House opened and presented opera for four seasons before bankruptcy led to its rebranding as a venue for plays under the name Burtons Theatre. The Astor Opera House opened in 1847, booth played the role for a famous 100 consecutive performances at the Winter Garden Theatre in 1865, and would later revive the role at his own Booths Theatre. Other renowned Shakespeareans who appeared in New York in this era were Henry Irving, Tommaso Salvini, Fanny Davenport, lydia Thompson came to America in 1868 heading a small theatrical troupe, adapting popular English burlesques for middle-class New York audiences. Thompsons troupe called the British Blondes, was the most popular entertainment in New York during the 1868–1869 theatrical season, the six-month tour ran for almost six extremely profitable years. Theatre in New York moved from downtown gradually to midtown beginning around 1850, in 1870, the heart of Broadway was in Union Square, and by the end of the century, many theatres were near Madison Square. Broadways first long-run musical was a 50-performance hit called The Elves in 1857, New York runs continued to lag far behind those in London, but Laura Keenes musical burletta The Seven Sisters shattered previous New York records with a run of 253 performances. It was at a performance by Keenes troupe of Our American Cousin in Washington, the production was a staggering five-and-a-half hours long, but despite its length, it ran for a record-breaking 474 performances. The same year, The Black Domino/Between You, Me and the Post was the first show to call itself a musical comedy, Tony Pastor opened the first vaudeville theatre one block east of Union Square in 1881, where Lillian Russell performed. Comedians Edward Harrigan and Tony Hart produced and starred in musicals on Broadway between 1878 and 1890, with book and lyrics by Harrigan and music by his father-in-law David Braham. They starred high quality singers, instead of the women of repute who had starred in earlier musical forms. Plays could run longer and still draw in the audiences, leading to better profits, as in England, during the latter half of the century, the theatre began to be cleaned up, with less prostitution hindering the attendance of the theatre by women
7.
New York Herald Tribune
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The New York Herald Tribune was a newspaper published between 1924 and 1966. It was created in 1924 when the New York Tribune acquired the New York Herald and it was widely regarded as a writers newspaper and competed with the The New York Times in the daily morning market. The paper won at least nine Pulitzer Prizes during its lifetime, editorially, the newspaper was the voice for eastern Republicans, later referred to as Rockefeller Republicans, and espoused a pro-business, internationalist viewpoint. However, it enjoyed prosperity during World War II and by the end of the conflict had pulled close to the Times in ad revenue. A series of business decisions, combined with aggressive competition from the Times and poor leadership from the Reid family. In 1958, the Reids sold the Herald Tribune to John Hay Whitney, under his leadership, the Tribune experimented with new layouts and new approaches to reporting the news, and made important contributions to the body of New Journalism that developed in the 1960s. Combined with investments in the World Journal Tribune, Whitney spent $39.5 million in his attempts to keep the newspaper alive. After the Herald Tribune closed, the Times and The Washington Post, joined by Whitney, entered an agreement to operate the International Herald Tribune, the International Herald Tribune was renamed the International New York Times in 2013. New York magazine, created as the Herald Tribunes Sunday magazine in 1963, was revived by editor Clay Felker in 1968, the New York Herald was founded on May 6,1835 by James Gordon Bennett, a Scottish immigrant who came to the United States at age 24. The fight over access eventually overshadowed the trial itself, Bennett founded the New York Globe in 1832 to promote the re-election of Andrew Jackson to the White House, but the paper quickly folded after the election. Bennett, who wrote much of the newspaper himself, perfected the fresh, Bennett put his profits back into his newspaper, establishing a Washington bureau and recruiting correspondents in Europe to provide the first systematic foreign coverage in an American newspaper. By 1839, the Heralds circulation exceeded that of the The London Times, the New York Tribune was founded by Horace Greeley in 1841. Greeley, a native of New Hampshire, had begun publishing a paper called The New-Yorker in 1834. Joining the Whig Party, Greeley published The Jeffersonian, which helped elect William H, with Whigs in power, Greeley saw the opportunity to launch a daily penny newspaper for their constituency. The New York Tribune launched on April 10,1841, however, his moralism appealed to rural America, with six months of beginning the Tribune, Greeley combined The New-Yorker and The Log Cabin into a new publication, the Weekly Tribune. The weekly version circulated nationwide, serving as a digest of news melded with agriculture tips, offering prizes like strawberry plants and gold pens to salesmen, the Weekly Tribune reached a circulation of 50,000 within 10 years, outpacing the Heralds weekly edition. The Tribunes ranks included Henry Raymond, who later founded The New York Times, and Charles Dana, Dana served as second-in-command to Greeley, but Greeley abruptly fired him in 1862, after years of personality conflicts between the two men. After the Civil War, Bennett turned over operations of the Herald to his son James Gordon Bennett, Jr
8.
The New York Times
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The New York Times is an American daily newspaper, founded and continuously published in New York City since September 18,1851, by The New York Times Company. The New York Times has won 119 Pulitzer Prizes, more than any other newspaper, the papers print version in 2013 had the second-largest circulation, behind The Wall Street Journal, and the largest circulation among the metropolitan newspapers in the US. The New York Times is ranked 18th in the world by circulation, following industry trends, its weekday circulation had fallen in 2009 to fewer than one million. Nicknamed The Gray Lady, The New York Times has long been regarded within the industry as a newspaper of record. The New York Times international version, formerly the International Herald Tribune, is now called the New York Times International Edition, the papers motto, All the News Thats Fit to Print, appears in the upper left-hand corner of the front page. On Sunday, The New York Times is supplemented by the Sunday Review, The New York Times Book Review, The New York Times Magazine and T, some other early investors of the company were Edwin B. Morgan and Edward B. We do not believe that everything in Society is either right or exactly wrong, —what is good we desire to preserve and improve, —what is evil, to exterminate. In 1852, the started a western division, The Times of California that arrived whenever a mail boat got to California. However, when local California newspapers came into prominence, the effort failed, the newspaper shortened its name to The New-York Times in 1857. It dropped the hyphen in the city name in the 1890s, One of the earliest public controversies it was involved with was the Mortara Affair, the subject of twenty editorials it published alone. At Newspaper Row, across from City Hall, Henry Raymond, owner and editor of The New York Times, averted the rioters with Gatling guns, in 1869, Raymond died, and George Jones took over as publisher. Tweed offered The New York Times five million dollars to not publish the story, in the 1880s, The New York Times transitioned gradually from editorially supporting Republican Party candidates to becoming more politically independent and analytical. In 1884, the paper supported Democrat Grover Cleveland in his first presidential campaign, while this move cost The New York Times readership among its more progressive and Republican readers, the paper eventually regained most of its lost ground within a few years. However, the newspaper was financially crippled by the Panic of 1893, the paper slowly acquired a reputation for even-handedness and accurate modern reporting, especially by the 1890s under the guidance of Ochs. Under Ochs guidance, continuing and expanding upon the Henry Raymond tradition, The New York Times achieved international scope, circulation, in 1910, the first air delivery of The New York Times to Philadelphia began. The New York Times first trans-Atlantic delivery by air to London occurred in 1919 by dirigible, airplane Edition was sent by plane to Chicago so it could be in the hands of Republican convention delegates by evening. In the 1940s, the extended its breadth and reach. The crossword began appearing regularly in 1942, and the section in 1946
9.
Life (magazine)
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Life was an American magazine that ran weekly from 1883 to 1936 as a humor magazine with limited circulation. Time owner Henry Luce bought the magazine in 1936, solely so that he could acquire the rights to its name, Life was published weekly until 1972, as an intermittent special until 1978, and as a monthly from 1978 to 2000. After 2000 Time Inc. continued to use the Life brand for special, Life returned to regularly scheduled issues when it became a weekly newspaper supplement from 2004 to 2007. The website life. com, originally one of the channels on Time Inc. s Pathfinder service, was for a time in the late 2000s managed as a joint venture with Getty Images under the name See Your World, LLC. On January 30,2012 the LIFE. com URL became a channel on Time. com. When Life was founded in 1883, it was developed as similar to the British magazine and it was published for 53 years as a general-interest light entertainment magazine, heavy on illustrations, jokes and social commentary. The Luce Life was the first all-photographic American news magazine, the magazines role in the history of photojournalism is considered its most important contribution to publishing. Life was wildly successful for two generations before its prestige was diminished by economics and changing tastes, Life was founded January 4,1883, in a New York City artists studio at 1155 Broadway, as a partnership between John Ames Mitchell and Andrew Miller. Mitchell held a 75 per cent interest in the magazine with the remainder by Miller, both men retained their holdings until their deaths. Miller served as secretary-treasurer of the magazine and was very successful managing the side of the operation. Mitchell, a 37-year-old illustrator who used a $10,000 inheritance to invest in the weekly magazine, Mitchell created the first Life name-plate with cupids as mascots, he later drew its masthead of a knight leveling his lance at the posterior of a fleeing devil. Mitchell took advantage of a new printing process using zinc-coated plates. This edge helped because Life faced stiff competition from the humor magazines Judge and Puck. Edward Sandford Martin was brought on as Lifes first literary editor, the motto of the first issue of Life was, While theres Life, theres hope. The new magazine set forth its principles and policies to its readers and we shall try to domesticate as much as possible of the casual cheerfulness that is drifting about in an unfriendly world. The magazine was a success and soon attracted the leading contributors. Among the most important was Charles Dana Gibson, three years after the magazine was founded, the Massachusetts native first sold Life a drawing for $4, a dog outside his kennel howling at the moon. Encouraged by a publisher who was also an artist, Gibson was joined in Life early days by such illustrators as Palmer Cox
10.
CBS
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CBS is an American commercial broadcast television network that is a flagship property of CBS Corporation. The company is headquartered at the CBS Building in New York City with major facilities and operations in New York City. CBS is sometimes referred to as the Eye Network, in reference to the iconic logo. It has also called the Tiffany Network, alluding to the perceived high quality of CBS programming during the tenure of William S. Paley. It can also refer to some of CBSs first demonstrations of color television, the network has its origins in United Independent Broadcasters Inc. a collection of 16 radio stations that was purchased by Paley in 1928 and renamed the Columbia Broadcasting System. Under Paleys guidance, CBS would first become one of the largest radio networks in the United States, in 1974, CBS dropped its former full name and became known simply as CBS, Inc. In 2000, CBS came under the control of Viacom, which was formed as a spin-off of CBS in 1971, CBS Corporation is controlled by Sumner Redstone through National Amusements, which also controls the current Viacom. The television network has more than 240 owned-and-operated and affiliated stations throughout the United States. The origins of CBS date back to January 27,1927, Columbia Phonographic went on the air on September 18,1927, with a presentation by the Howard Barlow Orchestra from flagship station WOR in Newark, New Jersey, and fifteen affiliates. Operational costs were steep, particularly the payments to AT&T for use of its land lines, in early 1928 Judson sold the network to brothers Isaac and Leon Levy, owners of the networks Philadelphia affiliate WCAU, and their partner Jerome Louchenheim. With the record out of the picture, Paley quickly streamlined the corporate name to Columbia Broadcasting System. He believed in the power of advertising since his familys La Palina cigars had doubled their sales after young William convinced his elders to advertise on radio. By September 1928, Paley bought out the Louchenheim share of CBS, during Louchenheims brief regime, Columbia paid $410,000 to A. H. Grebes Atlantic Broadcasting Company for a small Brooklyn station, WABC, which would become the networks flagship station. WABC was quickly upgraded, and the relocated to 860 kHz. The physical plant was relocated also – to Steinway Hall on West 57th Street in Manhattan, by the turn of 1929, the network could boast to sponsors of having 47 affiliates. Paley moved right away to put his network on a financial footing. In the fall of 1928, he entered talks with Adolph Zukor of Paramount Pictures. The deal came to fruition in September 1929, Paramount acquired 49% of CBS in return for a block of its stock worth $3.8 million at the time
