How did companies like NBC™, whose radio shows were free, make money? Companies bought time from the radio network to run ads for their goods and services. NBC™ was not in business to make a profit. NBC™ sold off radio stations to several new companies, one of which formed ABC™. Corporate sponsors paid for NBC™'s operating expenses for a chance to be featured on the radio.

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Companies bought time from the radio network to run ads for their goods and services.

Answer:

Companies bought time from the radio network to run ads for their goods and services.

Explanation:

  • NBC or like any other network they all make money by advertising and subscription fees it imposes cable providers and local service providers to display its content.
  • NBC or alike channels get wealth from two roots, originally.
  • First, they sell advertisements. When Adidas or PUMA or Google or anyone else displays an ad during a cable news program, they pay the news channels for it.
  • Second, they get capital from cable corporations for each home they are connected to or can say subscription fees.
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