Word: franchisees
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One of Paramount's biggest potential obstacles is the task of persuading the Federal Communications Commission and some 750 local governments around the country to transfer to Paramount the licenses and franchise rights for cable- TV units operated by Time's 82%-owned American Television and Communications. Getting approval for...
McCaw Cellular Communications is already the largest operator in the seven- year-old cellular-telephone business, controlling franchise areas with more than 50 million residents throughout 127 small and medium-size markets across the U.S. Last week the company sought to build up its metropolitan business by making a $5.9...
For Craig McCaw, the 39-year-old chairman of the company, which is based in Kirkland, Wash., the bid for LIN caps a stunning sprint of growth. Since 1973, McCaw has parlayed a backwater cable-TV franchise into a cellular firm with annual revenues of $311 million.
Retailers are scrambling to pluck some gold from the green. Sales from K mart's spruced-up golf line this year will top those for either tennis or exercise equipment. Wilson Sporting Goods' golf-clothing sales have more than doubled since 1985, to $11 million annually. In California off-course...
Director of Franchise Development: Linda D. Warren