Word: corpe
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Dates: during 1950-1959
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...THEFT has brought conviction of Oil Promoter Odie R. Seagraves, 70, and Extortionist Emanuel Lester, who tried to sell maps for $500,000 (TIME, Jan. 7, 1957). Secret geologic maps of oil lands were turned over to them by a former Gulf Oil Corp. employee who stole maps from the company. Judge fined aged Seagraves $5,000, sentenced his cohort Lester to three years...
Most Americans have never heard of a huge and mysterious corporation called the Music Corp. of America. The mystery is intentional on the part of M.C.A.; it abhors publicity. Yet it is the nation's top talent agency in the publicity-loving world of entertainment, and is one of the most potent forces in determining what the U.S. sees on TV and movie screens-the General Motors of the entertainment world. Last week the Justice Department was investigating M.C.A. and its smaller rival. William Morris, which together reportedly control 80% of U.S. TV talent. The question: Are they...
...Wagon Train, Tales oj Wells Fargo, Jack Benny, Ozzie and Harriet, Alfred Hitchcock, Dragnet and This Is Your Life. Revue Productions Inc., one of M.C.A.'s subsidiaries, is Hollywood's biggest producer of TV films, accounts for an estimated 25% of all television films. Another subsidiary, Management Corp. of America, bought Paramount's pre-1948 movie backlog several weeks ago for $50 million and will distribute the films to television...
...Commission and the Maritime Administration last week awarded design-study contracts totaling $400,000 to General Electric Co. and Manhattan's George G. Sharp marine-engineering firm. The plan is to install a boiling-water reactor in a conventional T-5 tanker, now being built by Ingalls Shipbuilding Corp. at Pascagoula, Miss. The Sharp company also is designing the first U.S. atomic passenger and cargo ship, the N.S. Savannah, for launching in 1960. The Government hopes that lessons learned in building the Savannah will make the power plant of the atomic tanker lighter and cheaper than that...
Flat Tube. Britain's government-sponsored National Research Development Corp. has patented a video system that cuts the depth of a TV tube to only 5 in. The secret is a new method of guiding an electron beam to the screen more accurately than before. Theoretically, such tubes will eliminate many costly controls, cut prices of future color receivers, make a TV set flat enough (about 7 in.) to hang on a wall...