In 1938, Farnsworth established the Farnsworth Television and Radio Corporation in Fort Wayne, Indiana, with E. A. Nicholas as president and himself as director of research. In September 1939, after a more than decade-long legal battle, RCA finally conceded to a multi-year licensing agreement concerning Farnsworth's 1927 patent for television totaling $1 million. RCA was then free, after showcasing electronic television at New York World's Fair on April 20, 1939, to sell electronic television cameras to the public.