Word: inces
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Dates: during 1950-1959
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...Television Programs Inc., largest of the TV film syndicators that have made a $100 million industry out of quickie adventure series for non-network distribution, whooped that their boys make at least as much money as any of the high-priced network talent. Adolphe Menjou grossed $235,000 from Target last year, Lloyd Bridges $300,000 from Sea Hunt, and Richard Carlson will make $287,000 from Mackenzie's Raiders this year. Meanwhile, Jack Paar struggles along on $200,000 for NBC, and CBS's James Arness, whose Gunsmoke has hit the top of the ratings, toils...
MOVIEMAKER LOEW'S INC. will spin off theater and radio operations in new company. Management was up against antitrust order to separate film and theater business by August 1959, has won fight against minority group of directors who want to spin off troubled M-G-M filmmaker. M-G-M will stay in parent firm...
Business Machines. Among the new office gadgets displayed in Manhattan's Coliseum: Philco's Transac 52000, the first commercial all-transistor computer (rental fee: $28,000 to $40,000); Thomas Collators Inc.'s completely automatic rotary drum collating machine, which sorts and staples, detects misses or doubles, piles and packs up to 25,000 sheets of paper an hour (price: $9,000); Perk-ette's coffee machine, which spurts a fresh brew at pre-set intervals, thus always has coffee fresh at coffee-break time (installed free on $5-a-day guarantee); Coffee Vending Service...
Corp., Petro-Atlas, Inc., Williams Bros. Corp. and Midcontinent Exploration...
...their Fort Pitt clothing and beer business for $3,000,000 plus a hefty beer royalty from the new brewery owners. With Seeburg's cash position in shape, they were able to pay off their bank debts for the original Fort Pitt deal -and buy Eastern Electric Inc.'s electrical cigarette vending machine business...