As the studio prospered, it gained backing from Wall Street, and in 1924 Goldman Sachs arranged a major loan. With this new money, the Warners bought the pioneer Vitagraph Company which had a nationwide distribution system. In 1925, Warners' also experimented in radio, establishing a successful radio station, KFWB, in Los Angeles.
as the studio prospered it gained backing from wall street and in 1924 goldman sachs arranged a major loan with this new money the warners bought the pioneer vitagraph company which had a nationwide distribution system in 1925 warners' also experimented in radio establishing a successful radio station kfwb in los angeles