Word: karp
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...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...
...expanded furiously by acquisition. Then, in 1971, Kahn went to prison, convicted of bribing officials in Johnstown, Pa., in order to get a franchise. Overexpansion and overborrowing from banks at high interest caught up with the company; in 1973 it lost $31 million. A new management team headed by Karp, a former treasurer of Columbia Pictures, has brought the company solidly back into the black. Last year it earned $14.2 million, up 58% from...
...Karp was quick to appreciate the advantages of pay cable. As soon as HBO went on the satellite he bought its service to offer to Teleprompter subscribers. "Before the satellite," he says, "we had to rely on bicycling tapes and film around the country. Suddenly the satellite made possible the idea of buying programming for the entire nation. We could offer new services and look to new sources of income." Teleprompter has invested heavily in earth stations for satellite transmission and now has 80 of them; in January it bought half of Showtime, HBO's rival pay-cable service...
...COLUMNS--regular and occassional, it says, so we won't know who will be showing up week to week--are a pleasant surprise. Ronald Steel on foreign affairs and Walter Karp on Carter's Trilateral Connection both are provocative reading. The back columns deal with the arts, and are uniformly excellent. Reed Whittimore, who too rarely writes for The New Republic, weighs in with a good blast of William "Fishbait" Miller's kiss-and-tell "expose" of how Congress really works--a book that deserves to be burned if ever one did. Edward Diamond tells the depressing story...
This is a curious proposition, as Ballantine quickly notices, because the bank has not been built yet. Karp wants to knock over its temporary home, a modest but well-guarded house trailer. This is no easy matter to begin with, but Ballantine and his five-thumbed cronies make it even harder than necessary. The gang includes a giggly jet-setter, an ex-FBI agent who is Al G. Karp's nephew, a screwy mother and her manic son, and a black safecracker who wants to use his cut of the profits to run for mayor of Anaheim...