Classifier Instance:

Anchor text: William S. Paley
Target Entity: William_S\u002e_Paley
Preceding Context: ABC's dominance carried into the early 1980s. But by 1985, veteran shows like The Love Boat and Benson had run their courses, while Silverman-era hits like Three's Company and Laverne & Shirley were gone. As a resurgent NBC was leading in the ratings, ABC shifted its focus to such situation comedies as Webster, Mr. Belvedere, Growing Pains, and Perfect Strangers. During this period, while the network enjoyed huge ratings with shows like Dynasty, Moonlighting, MacGyver, Who's The Boss?, The Wonder Years, Hotel, and Thirtysomething, ABC seemed to have lost the momentum that propelled it in the 1970s; there was little offered that was innovative or compelling. Highly hyped shows built around big name stars like Lucille Ball and Dolly Parton were critical and commercial failures during the mid- to late-1980s. Like his counterpart at CBS,
Succeeding Context: , founding-father Goldenson had withdrawn to the sidelines. ABC's ratings and the earnings thus generated reflected this loss of drive. Under the circumstances, ABC was a ripe takeover target. However, no one expected the buyer to be a media company only a tenth the size of ABC, Capital Cities Communications.
Paragraph Title: 1985–1996: The Capital Cities era
Source Page: American Broadcasting Company

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