Capitol Broadcasting Company is a bold, future-thinking company, transforming media, entertainment & communities. Locally-owned and community-focused, they emphasize excellence, integrity and teamwork in everything they do. The roots of Capitol Broadcasting Company date back to 1937 when Raleigh attorney A.J. Fletcher and four partners formed a company so they could compete in the growing business of broadcasting. A year later, the Federal Communications Commission authorized the license for WRAL-AM, and Capitol Broadcasting Company was off and running. Over the next seven decades CBC would establish themselves as one of the most respected and innovative communications companies in the nation. The company that started with one tiny radio station has expanded their broadcast holdings and diversified into new media, real estate and professional sports.