The Price is Right has long been a staple of daytime and nighttime television. It has lived 2 successful lives once from 1956 to 1965 on NBC and ABC and again on CBS daytime since 1972. Though substantially different in many ways, the object of both TPiR incarnations was identical guess (bid) the retail price of items to win them. Details on the 2 versions follow: 1956-1965 version
On November 26-30, 1956 "THE PRICE IS RIGHT" debuts on NBC-TV and the host of the show is Bill Cullen and that features 4 contestants, including a returning champion compete. A prize is announced and the contestants, one at a time make a bid on the item up for bid (IUFB). Unless otherwise announced each successive bid had to be a certain amount higher than the last one. If the contestant was satisfied with his/her bid at any time, they could "freeze" (hoping the opponents would go over in their attempt to o