Word: inc
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Dates: during 1920-1929
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Last week, carrying out this Commission order, Press Wireless Inc. was formed, approved by the Commission.! "Charter" members are: Chicago Daily News, Chicago Tribune,* San Francisco Chronicle, Los Angeles Times, Christian Science Monitor. President is the Tribune's Joseph Pierson, trustee for American Publishers Committee. Capitalization was set at $1,000,000, of which $116,000 was paid in. Stock may be purchased by subscribing news-purveyors, minimum $1,000, maximum $25,000. Stockholders are given rights to send news through the ten stations of the company soon to be erected...
...without, are Fox Film Corp., Paramount-Famous-Lasky Corp., Warner Bros., United Artists. Yet one potent Talking Cinema company backs its speaking present with no silent past. This company is opulent, many-branched Radio Corp. of America. In Photophone it has its own talking mechanism. In RKO Productions, Inc., it has its own production and distribution company. In General Electric and Westinghouse Electric it has tremendous laboratory resources. During 1929-30 there will be made 30 full-length and 52 short Radio pictures, all of which will talk, many of which will also sing. In these pictures will appear Richard...
Entrance into the theatrical field resulted partly from the invention of Photophone, the talking cinema mechanism perfected by Westinghouse and General Electric engineers, and partly from Radio Corp.'s realization of the potential profits in electrical entertainment on the largest possible scale. R. C. A. Photophone, Inc. was incorporated in 1927, functioned for the sale and distribution of Photophones. In January 1928, the Keith-Albee and Orpheum theatre circuits merged, the combination also acquiring control of F. B. O. Pictures Corp., cinema producer and distributor. In October 1928, the Keith-Albee-Orpheum combination sold control to Radio Corp...
...communications business, only the White Act keeps Radio Corp. from turning its entire message service over to International Telephone & Telegraph. In March, R. C. A. Communications, Inc. was tentatively sold to the Behn Brothers for 100 million dollars but the White Act, prohibiting cable and wireless mergers, must be amended or rescinded before I. T. & T. can take over...
More Gliders. Against Glider, Inc., Detroit's motorless plane manufacturer, last week developed a competitor, American Motorless Aviation Corp. President is Colonial Airways' president, Major General John F. O'Ryan...