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Well technically it's still the Trust Territory of the Pacific Islands.
Thanks to RandomMe/The Testcardiologist for this video.
Important moments:
00:20 - WAAB-TV Sign-on
01:16 - Ads
01:45 - News studio
02:14 - WAAB-TV news intro
05:16 - More ads
05:39 - Announcement of the creation of the WAAB-TV Board
08:40 - McDonalds ad in Micronesia💀💀💀
09:02 - Opening of the new studio