Word: general
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Dates: during 1970-1979
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...response is that the oil companies are trying to do a number on us." Even a high-ranking General Motors executive in Detroit remarks: "The whole thing smells funny...
...cable operators were also in financial trouble; they had borrowed heavily to expand after the FCC loosened regulations but got squeezed by high interest rates. Now the industry is bringing in $1.4 billion in revenue a year and posting profits high enough to catch the eye of multinational giants. General Electric has bought into a cable operator and Getty Oil into a programming company. RCA plans this December to send up another Satcom satellite that will carry more cable programs, even though some of the cable operators might take viewers away from the NBC network, which RCA owns...
...expensive, and rival cable operators doubt that it can be made to pay. But it is already having an impact on cable programming outside Columbus. In March, Warner began selling to cable operators nationwide 13 hours a day of children's programming, approved by Columbus viewers, under the general name Nickelodeon. Sample shows: Pinwheel for preschoolers, featuring puppets, mime and dance; Video Comic Books, showing pages of the Green Lantern and Space Ranger with dialogue balloons, voice-overs and sound effects; and America Goes Bananaz for teenagers, a mix of zany comedy and rap sessions about drugs, birth control...
...ranks of the other MSOs are being shaken up by mergers prompted by the industry's growth. General Electric Cable, a subsidiary of GE, is about to acquire Cox Broadcasting for roughly $560 million if shareholders and the FCC approve. The merge would create the third biggest MSO, with 745,000 subscribers. Tele-Communications, Inc. (700,000 subscribers) would be pushed down to fourth, and Warner (620,000 subscribers) to fifth. Times-Mirror Corp., the publisher of the Los Angeles Times, has just bought Communications Properties Inc. for $128 million. Consequently, Times-Mirror has jumped from 26th to sixth...
Margaret Thatcher's achievement in becoming Britain's first woman Prime Minister is writ large with irony. Thursday's general election brought no cheer to feminists: Britain's only avowed lesbian MP lost her seat, as did Labour's most important woman politician, popular cabinet minister Shirley Williams. The new House of Commons contains the smallest contingent of women since 1950. As for Mrs. Thatcher herself, some regard her views on the role of women in society as being just about on a par with the Ayatollah Khomeini...