Word: atvs
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Dates: during 1970-1979
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...knighted in 1969-is chief executive and principal voting shareholder of Associated Television Corporation Ltd. (ATV), the largest of the 15 regional firms that make up Britain's commercial TV network. ATV originates 25% of the network's nationwide programming. Much of ATV's $95 million annual business comes from other ventures as well, including records, music publishing (copyrights on most of the Beatles' hit songs), a theater chain, toys and bowling alleys. Last week in London, after ATV directors reported record 1970-71 profits of $10.4 million after taxes, Chairman Lord Renwick hardly exaggerated when...
...managed by Sir Lew, ATV falls somewhere between a benevolent dictatorship and a family delicatessen. "There are two Lew Grades-the patriarch and the businessman," says one of his executives. "Ask for ?500 because of some personal crisis, and it's yours. Ask for ?500 extra on a budget-not a chance." Grade chooses new programs largely on instinct. His motto: "My tastes are the average person's tastes." After he approves a project-something he often does on the basis of a one-page description-he maintains that his creative staffers have a completely free hand. "Then...
...remote, roadless areasfarmers, ranchers, Eskimos, trappers, rural doctors and utility repair crews. To other users, the raffish vehicles offer instant fun at relatively little cost: $200 for the smallest trail bike, $1,000 for an average snowmobile, $1,200 for a dune buggy, $1,600 for an ATV...