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The true engine of Boyds wealth, however, was not the box office of the silver screen but the burgeoning market of television. While many silent film stars faded into obscurity with the advent of "talkies," and later, television, Boyd saw an opportunity. In the late 1940s and early 1950s, he syndicated the old black-and-white serials directly to local television stations. This move was revolutionary, as it predated the modern concept of cable television and streaming. The "discount rerun" model meant that stations could buy the episodes for a fraction of the production cost, and the public devoured them. Children across the nation grew up watching Hopalong Cassidy ride again, and the sheer volume of this distribution created a revenue stream that was nothing short of astronomical.
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