Word: kttv
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Dates: during 1950-1950
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...already owns New England's Yankee Network, will also have to get FCC approval to take over Don Lee. Before CBS can buy KTSL, it will also have to get FCC approval and sell its present 49% interest in the Los Angeles Times's competing television station, KTTV. On the off chance that some hitch would develop, Les Hoffman let his bid stand. After last week's surprise, radiomen would not believe that the Don Lee network had been sold until General, CBS, Hoffman or somebody actually moved in and took over the stations...
Hollywood's Nassour Studios, site of many an independent film production, fell a casualty last week in show business' battle of the century: the movies v. television. Los Angeles' TV station KTTV bought the studios for $2,250,000, planned to use them for producing TV film shorts for 25 stations as far away as Manhattan. For Hollywood it was only a minor setback. But it gave the nervous movie industry fresh cause to wonder, worry and scheme over the troubles still to fly from the Pandora's box in U.S. living rooms...
Released to TV, the old Hoppy films created something of a mass frenzy. Los Angeles' Station KTTV rented one for $250. Twelve months later KTTV showed the same film for the fifth time and paid a rental of $1,000. "People are astonished at the percentage of my fans who are adults," says Boyd. "They're not new fans-they're merely my young fans of 15 years ago grown up a little...