Word: kintner
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...Robert Edmonds Kintner, 47, was elected executive vice president in charge of color television at National Broadcasting Co. two weeks after his resignation as president of American Broadcasting Co. (TIME, Oct. 29). In order not to forfeit a chunk of his $300,000 severance check from ABC, Kintner will not start his new job until Jan. 1. He will try to improve and expand NBC's color programs in hopes of boosting the lagging sales of color TV sets (TIME...
...Show. Explained ABC-Paramount President Leonard Goldenson: "ABC television sales are not up to expectations for the 1956-57 broadcasting season. Fall sales of the important Mickey Mouse daytime TV program are considerably below those of last year." Actually, Kintner has had his troubles ever since Paramount Theatres took over cash-short ABC in a $25 million stock-swapping deal three years ago. Paramount then paid off ABC's $7,662,000 debt, put in a handful of Paramount executives, including three new ABC vice presidents. Two of them later resigned, one after he lost...
...insiders concede that Bob Kintner kept a close rein on the newcomers from Paramount. But he gave plenty of authority to the able old ABC hands; e.g., Vice President John Daly has almost full policy-making and operations control over the news, special events, sports and foreign affairs...
...Substantial Dispute." Finally, President Goldenson's dump-Kintner campaign won over 13 of the 17 directors on the company's board, which is heavy with Paramount men. Kintner sent a cold letter of resignation to "Dear Mr. Goldenson," stating that "We are in substantial dispute concerning policies relating to the organization and operation of ABC." Goldenson then personally took charge of ABC, promised to find a new president later...
...week's end Bob Kintner prepared to take a long vacation in the Caribbean and Mediterranean. Said he: "I love everybody"-presumably including Goldenson. He had good reason. His severance settlement was close...