Word: growths
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Dates: during 1970-1979
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...this growth and change, reports TIME Correspondent Mary Cronin, is symptomatic of a major development in U.S. television: cable is at last taking off. After several false starts, it is poised for the rapid, nationwide expansion that regular television achieved three decades ago. As Russell Karp, president and chief operating officer of Teleprompter Inc., the biggest cable-system operator, told Cronin: "We are at the point now that network...
Cable operators do face some serious obstacles to further growth. The cost of wiring major cities, where cables cannot be strung from poles but must be run underground, is extremely high (as much as $100,000 a mile). Partly for that reason, Chicago does not yet have a cable system and Manhattan is the only one of New York City's five boroughs where viewers can watch cable...
...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...
Even Conservative apologists like Peregrine Worsthorne in the Daily Telegraph and the editors of the influential Economist have publicly cast doubt on whether British business will be adept enough in responding to the 'Spirit of Proposition 13" to produce the necessary growth on its own. There are fears of a repeat of 1971-72, when similar incentives from the Conservative government of Edward Heath merely produced property speculation, a record low in productive investment and an inflationary consumer boom. The Tories have claimed they will provide some of the money by allowing private investment in state-run industries--but this...
...application is not our only aim." Tang countered, saying that there "should be some research that can not be practically applied in the near future" to provide a basis for growth in the level of science and technology in China...