CBS rescinded its system in March 1953 .
The FCC replaced CBS on December 17 , 1953 , with the NTSC color standard , which was cooperatively developed by several companies , including RCA and Philco .
CBS rescinded its system in March 1953 , and the FCC replaced it on December 17 , 1953 , with the NTSC color standard , which was cooperatively developed by several companies , including RCA and Philco .