Word: magnavox
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...plant of Magnavox, Inc.; at the other end, ABC-TV continued to operate while striking technicians pounded pavemejits. In all, the Federal Mediation & Conciliation Service was faced with calls to mediate 207 strikes affecting 261,000 workers in 32 states. Labor's continuing militancy (TIME, Sept. 22) is more than matched by hard-nosed managements, and the number of "major" strikes occurring as a result makes this the worst year for labor-management relations since...
...want and you don't ask for it, it's your own fault.") Days at Topridge are spent in picnicking, canoeing, hiking. Nights are for square-dancing, movie watching, black-tie dinners, and late-night snacks from an icebox stocked with General Foods products. Says one guest, Magnavox Co. Vice President Godfrey Mc-Hugh: "The planning is comparable to the successful management of a large corporation...
...Magnavox, which aims for the top of the color-TV market, sells sets that range from a high of $750 to a low of $398.50. Cabinets come in a decorator's assortment of styles, including Mediterranean, French Provincial, Early American and Contemporary. The sets utilize a "background coating" technique that successfully mutes harsh primary colors...
...white TV, FM/AM radios, stereo consoles, portable phonographs, and a TV-radio-phono combination called Color Stereo Theater. For industry, the firm produces computerized-data storage units, and the new Xerox-marketed Magnafax-a copying machine that transmits and receives facsimiles of documents, memos and letters via standard telephones. Magnavox backlog-virtually all of it in military orders for walkie-talkies, radar units, aircraft and mobile ground communications equipment, satellite signal receivers, and submarine-detecting "Sonobuoys"-stands at $152 million. As if all that were not enough, Magnavox has entered the wooden-furniture business, and it is entering the organ...
...Lyradion Co., one of the early makers of radio-phonographs. "In those days," says Freimann, "the only people who knew anything about radio were kids." Freimann eventually formed his own Electro-Acoustic Products Co., where his chief supplier of loudspeakers was a struggling outfit named Magnavox. After the two companies merged in 1938, Freimann persuaded the loss-troubled Magnavox management to switch from component to consumer production, stick to a quality line, sell at fixed prices through carefully selected franchised dealers. Even today, Magnavox has only 3,500 dealers...