1950 – The Gillette Safety Razor Co. signs a six-year deal, worth an estimated $6 million, with Major League Baseball for the TV-radio rights for the World Series.

This Day In Baseball

On November 26, 1950 — 1950 – The Gillette Safety Razor Co. signs a six-year deal, worth an estimated $6 million, with Major League Baseball for the TV-radio rights for the World Series.

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Sources:

SABR Games Project
SABR Games Project
Hall of Fame
National Pastime November 26
Replay The Game
Retro Sheet