The title refers to the (then) newly created Columbia Broadcasting System logo: The CBS Eye. It is one of the best-known and most highly regarded corporate trademarks. It was created by William Golden based on a Pennsylvania Dutch hex sign as well as a Shaker drawing. Early versions of the logo had the lens telescope to reveal the acronym. It was often depicted against a field of clouds. The new logo made its broadcast debut on October 20, 1951, five days after the premiere of their mega-hit "I Love Lucy."
On June 2, 1952, Lucille Ball and Mayor Bowron participated in a ceremony to turn on the electricity at the yet-unfinished site.
Television City was built on the site of a former football field and race track, Gilmore Stadium which was the home of a minor league baseball team called The Hollywood Stars, a rival of the Los Angeles Angels. Before the team could make plans to relocate, the Brooklyn Dodgers confirmed their long-rumored move to Los Angeles. The Stars were sold to Salt Lake City, becoming the Salt Lake Bees in 1958. During "In Palm Springs" (S4;E26) Fred Mertz bemoans that the rain has caused him to miss "the Hollywood Stars."
This program was broadcast live, but the "I Love Lucy" segments were pre-filmed because Lucille Ball was seven months pregnant with her son, Desi Jr., at the time.
Although real-life CBS executives Hubbell Robertson and Harry Ackerman are played by CBS actors, Jack Von Volkenberg plays himself. William S. Paley, CBS CEO, is mentioned but is not seen or heard.