Word: fee
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Dates: during 1970-1979
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...most lucrative businesses, the company now has competitors where it had none before. At least one company is already underselling A.T. & T.'s WATS service (Wide Area Telephone Service), which allows a big user to make unlimited calls in a specific area for a flat fee. Many other firms have applied to the FCC for operating licenses. These competitors will make DeButts' job tougher. But if he succeeds in improving A.T. & T.'s profits, he will be worth the $350,000 annual salary the company has been paying to its chairman...
...maker for the ordinary viewer but a frightening specter to commercial broadcasters. With cable (or CATV), a viewer could have at his command as many as 40 channels offering everything from ballet and sporting events to programs for minority audiences of all kinds. For this he might pay a fee as high as $20 and then a subscription of perhaps $5 a month. Though the cable companies could not hope to compete with the networks in news coverage or expensive entertainment shows, the broadcasters have looked upon cable as a potential drain on their advertising revenues and a challenge...
...them agreed that it is essential to marketing. Many major firms, including PepsiCo, Pfizer and General Foods, are keeping costs down by dividing some of their work among small agencies that specialize in a single advertising function-market research, space buying, copywriting, artwork. These shops work for negotiated fees and have had a major impact on full-service agencies in one key respect: to keep their clients happy, most large agencies have also had to offer separate "à la carte" services for a usually modest negotiated fee. Thus the flat 15% of billings that advertisers traditionally paid their full-service...
...personnel. He claimed that he had given all of the checks to Howard Hughes during their various meetings when they were taping the story of Hughes' life. Hughes, said Irving, had endorsed the checks and then handed them back to Irving with the understanding that Irving, for a fee of $100,000 from Hughes, was to salt the money away in a Swiss bank account. The reclusive billionaire could not open such an account himself, said Irving, and did not want any of his subordinates to know of its existence; hence the subterfuge. According to Irving, Hughes planned...
...dispute dates from 1952, when Ecuador, Chile and Peru signed the Declaration of Santiago, which reserved fishing privileges within a 200-mile offshore limit for their own citizens and for properly licensed foreign vessels. In the case of Ecuador, the license fee averages around $10,000 per boat, a reasonable enough sum since a single catch can be worth $225,000. But most nations, including the U.S. and the Soviet Union, observe a twelve-mile limit. They fear that the Santiago Declaration will set a precedent severely inhibiting free access to large sections of the seas. Already, half a dozen...