RCA Corporation, founded as the Radio Corporation of America, was a major American electronics company in existence from 1919 to 1987. Initially, RCA was a patent trust owned by a partnership of General Electric (GE), Westinghouse, AT&T Corporation and United Fruit Company. It became an independent company in 1932 after the partners agreed to divest their ownerships in settling an antitrust lawsuit by the United States.
An innovative and progressive company, RCA was the dominant electronics and communications firm in the United States for over five decades. In the early 1920s, RCA was at the forefront of the mushrooming radio industry, both as a major manufacturer of radio receivers and as the exclusive manufacturer of the first superheterodyne receiver. In 1926, the company founded the National Broadcasting Company (NBC), the first nationwide radio network. During the '20s and '30s RCA also pioneered the introduction and development of broadcast television—both black and white and especially color television. Throughout most of its existence, RCA was closely identified with the leadership of David Sarnoff. He became general manager at the company's founding, served as president from 1930 to 1965, and remained active as chairman of the board until the end of 1969.