Bud Abbott and Lou Costello were the top comedy duo in film, on radio and the stage during the 1940's and into the 1950's. When television came along it was only natural that they moved into that medium as well. Initially, they were one of the rotating hosts of the very popular Colgate Comedy Hour on NBC, then in 1952 Lou Costello financed the production of The Abbott & Costello Show which was a syndicated sitcom carried in every major market by stations on all three networks. The show remained active until May 1954. In 1994, when his Seinfeld sitcom was the #1 rated show in the country, Jerry Seinfeld stated that the Abbott & Costello Show was the inspiration for Seinfeld.
http://en.wikipedia.org/wiki/The Abbott and Costello Show
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