Word: ascap
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Installed at last in the Hall of Fame (owner: New York University; place: The Bronx) was homespun, star-spangled Composer Stephen Collins Foster (My Old Kentucky Home, Old Black Joe), whose bust was unveiled with elaborate ceremonies and the blessings of many organizations, including ASCAP...
...Irving Berlin returning God Bless America to the air. Day after this outpouring Mutual began concerted plugging of its exclusive popular-tune library. Yet its competitive advantage over the big networks was not immediate. Present commercial contracts send Mutual programs to twelve affiliates who want no part of ASCAP as well as to the 115 who do, and the 42 who have yet to make up their minds about it. When these contracts expire, the dissenting affiliates will have the choice of changing their minds or being excluded from network musical programs that include ASCAP tunes. Meanwhile, majority members hope...
...great glee at having cracked the network front, ASCAP gave out that other networks could expect no better terms than Mutual's. B.M.I., the big chains' music mill, announced 33⅓% price reductions. Enthusiastic was ASCAP about the backlog of new red-white-blue tunes its composers have cooked up since January and will now spring on the patriotic radio public...
...before the week was out radio was decisively split into two rival segments -big NBC and CBS opposed by Mutual Broadcasting System. Mutual had endorsed the Federal Communications Commission's sweeping antimonopoly decrees (TIME, May 12) and cracked the solid network front by signing a sudden armistice with ASCAP...
When N.A.B.'s board met Mutual's challenge by endorsing everything President Neville Miller had said about FCC and Mutual's treaty with ASCAP, Mutual's three principal members-Manhattan's WOR, the Chicago Tribune's WGN and California's Don Lee network-resigned N.A.B. membership. Mutual withdrew from the N.A.B. board...