Word: firsts
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Dates: during 1940-1949
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Hardest hit were the networks, which have poured the most money into TV and reaped the least profit. This year CBS has made $500,000 less than it did in the first half of 1948. Du Mont's books have a reddish tinge and ABC, which can least afford it, is losing most of all. NBC does not release a balance sheet, but it is no exception. Of 76 TV stations in the U.S., only six claimed to be breaking even or making money. Manhattan's WPIX, owned by the New York Daily News, dropped...
Despite the surface evidence that television had built too quickly and recklessly, the industry was keeping its fingers crossed and hoping that it would be snug and shipshape by the first winds of winter...
...Music (Mon. 6:15 p.m.. CBS). First of a five-day series on "everything from bebop to longhair." Guest: Artie Shaw...
...Alois Fajstl, the state announced, had been sentenced to eight years' imprisonment plus confiscation of his property and loss of civil rights for ten years. The charge: when called to give the last rites of the church to a woman apparently dying of pneumonia, Father Fajstl first asked if she were a Communist, then withheld the sacrament until she had sent her son to party headquarters to turn in her membership card. Instead of dying, the government said, the woman recovered and denounced the priest for thus applying the recent Vatican decree of excommunication (TIME, July...
...deciding what sort of house he wants, many a 1949 house-hunter begins with the notion that it ought to be something like Grandmother's. One of the first things he finds out is that the old place needed at least a servant or two to keep it up. Furthermore, it got that spacious look by having a lot of unused space, which Grandmother could afford when her house was built. Perhaps the home-builder should try something new. Flat-roofed, wide-windowed homes that looked queer ten years ago have since become a decorative part of the residential...