Word: inc
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Dates: during 1960-1969
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TIME'S publisher from April 1960 to February 1967 and now a senior vice president of Time Inc., will become an executive vice president with responsibility for magazine publishing. The overall direction of the company will remain with Board Chairman Andrew Heiskell, who assumes the additional responsibility of chief executive officer, and Editor-in-Chief Hedley Donovan, who retains full authority for all editorial operations...
There are those who question the religious character of Hargis' endeavors. In 1966, the Internal Revenue Service decided that his Christian Echoes Ministry Inc. (the legal name of the Christian Crusade) did too much lobbying to deserve its tax-exempt status as a "religious and educational" organization. Hargis is appealing the ruling, but meanwhile has given his benefactors an alternative avenue of giving by separately incorporating the Church of the Christian Crusade, which has several thousand members and is headquartered in the Crusade's modern, flat-topped "cathedral" in Tulsa. So that no one will mistake his intent...
...Smothers network, pieced together at the local level out of independent stations and independent-minded network affiliates, premieres Sept. 10 with the fateful Easter Sunday tape CBS refused to broadcast last April. So far, stations in 75 cities have booked the show, and Smothers Inc. counts on signing up another 50. The total-though short of their old 190-city CBS line-up-includes most of the major U.S. population centers and some 90% of all U.S. households equipped with TV sets. Unlike most spliced-together syndication deals, the Smothers link-up will be simultaneous (air time: 8 p.m., everywhere...
Stations that sign up with the Smothers network get the last-year show free -in return for a commitment to carry in December a 90-minute Smothers special to be taped largely in Toronto. After that, Tommy figures that Smothers Inc. will have whetted enough viewer appetite to syndicate a regular series of monthly specials-or even win second-season time on one of the established networks on their own terms...
Hurt Pride. Computer experts also joined in the attack, charging that the system had failed to provide the service necessary to accommodate their industry's astonishing growth. Lewis Clapp, president of Dial-Data Inc., of Newton, Mass., predicted "national telephone blackouts" by 1972 unless the telephone companies take faster action to install the lines needed for transmission of a growing deluge of computerized data. Though his fears may be valid, Clapp's criticism is a bit un fair. The computer time-sharing industry has expanded much faster than even computer experts predicted, and it is still growing...