CBS Buys Bleeding-Edge Company CNET, Color Tele-Vision To Follow

Early in the morning after a few hearty constitutions and a bran flake enema at the Battle Creek San', Chief Mugwump of the Columbia Broadcasting System Incorporated, aka The Tiffany Network, agreed to buy the brash young scallywag upstart of a company that goes by the initials of C-N-E-T; -no doubt a H.A.M. Radio callsign.

Formerly known as the United Independent Broadcasters, and later as the Columbia Phonographic Broadcasting System, this new-fangled Columbia

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