Besides, ABC had helped finance Walt Disney's dream, in return for Disney doing a weekly television show for the fledgling medium. (This in itself was a big deal, as movie moguls still thought of television either as light entertainment or a major threat to their livelihood.) So it's no wonder that ABC blocked out 90 minutes on that day for the star-studded broadcast, which attracted 90 million viewers.
Here's part one; the entire broadcast is available on YouTube by following the links at the end of each segment. ◙