Word: comsat
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Dates: during 1960-1969
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Louisiana-born, Irish Baptist McCormack will need his charm and know-how at Comsat. The corporation is busy with plans to link its communications system with an Apollo satellite to be orbited next year by the National Aeronautics and Space Administration, and to offer Pacific communication similar to Early Bird's European hookup. After that will come a new generation of Comsat satellites that will provide worldwide links with stations in at least 45 countries. On the ground, Comsat is embroiled in arguments. Television networks are unhappy about Comsat's high rates ($5,245 an hour in prime...
McCormack is only mildly concerned by such disputes. He is more interested Comsat's pioneering effort and its potential as a Government-chartered space company. Says he: "This firm is the base for a genuine social and economic revolution around the world. The business of management is sort of standard. Here, you get the opportunity to cut the cloth out of which the suit will be made, and that's always fascinating...
...potentially fatal, grapefruit-sized aneurysm removed from his abdominal aorta (TIME, Dec. 25). And it was to Dr. DeBakey and Houston's Methodist Hospital that the TV producers of the U.S. and Europe turned a month ago when they wanted to let 300 million televiewers, aided by Comsat's Early Bird, watch an exquisitely delicate heart operation, with the surgeon literally holding a life in his hand. To Dr. DeBakey both Presidents Kennedy and Johnson turned when they needed a man to head committees and commissions to recommend means by which Americans can get the best of medical...
Goldenson's technicians tell him that ABC's bird could be built and launched for $9,000,000. Annual maintenance during its five-to ten-year life span has been estimated at a mere $1,500,000. Moving in quickly last week, Comsat insisted that operation of such a continental bird would be "our function, under the law passed by Congress." A subsequent preliminary meeting of ABC, Comsat, and Federal Communications Commission officials seemed to confirm the claim. But ABC would, of course, still enjoy an enormous economy with the new satellite, and at its annual meeting, also...
...putting up Early Bird, Comsat performed one of the greatest feats in communications history. Last week it performed another feat that sent sighs of envy welling through corporate officers everywhere. One of the most persistent corporate hecklers was bodily expelled from Comsat's annual meeting by husky Pinkerton guards...