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There is no parallel in the history of broadcasting???and few in any well-established industries?to ABC's sudden rise. It is as if, in the space of two years, Chrysler had surged past General Motors and sent Ford reeling back to Dearborn. Or ?to stretch the truth only a bit?as if China had discovered some mysterious, all-powerful Z-bomb and in victorious glee ordered both the White House and the Kremlin dismantled and shipped, boards and nails, to Peking...

Author: /time Magazine | Title: The Man with the Golden Gut | 9/5/1977 | See Source »

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