Continental Broadcasting System

The Continental Broadcasting System is a Magisterian commercial television network owned by the Chronicle Network Inc., It was launched as the Chronicle Network in 1960 but rebranded to Continental Broadcasting System in the following year.

It was the 3rd major television network in Magisteria until TV5 was launched on January 3, 1963, making CBS the 4th major television network, It is also know as the enemy of TV5 since it competes on the ratings with TV5.

Early years (1960-1970)
The Continental Broadcasting System was launched on March 1st, 1960 as the Chronicle Network, It is the 3rd major television network at that time and it gained success by defeating MBC and MBN (now 9).

Near bankruptcy (1978-1979)
CBS almost declared bankruptcy on November 9, 1978 when it was on debt for $8,850,000.60, It was still struggling until September 1979 when the debt was finally paid.

Today
It is still on air, and still the 4th major television network.