Word: profitability
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Dates: during 1930-1939
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...station broadcasts MBS was formed in September of that year. WOR and WGN organized on a 50-50 basis, agreed to seek advertisers who wanted to use both stations, not to interfere with each other's local programs. As a network, MBS was to have no corporate profit. Officers were to be paid only by the station for which they worked...
...began picking up many stations in New England, the Midwest. When California's Don Lee Broadcasting System joined, it completed the MBS coast-to-coast stretch. Other stations joined singly and in groups to give MBS a 1938 collection of 107 outlets, all linked together on the cooperative profit-sharing basis. Since several of these are also affiliated with NBC or CBS, who have prior claims on their time for sponsored programs, it is often impossible to sell a sponsor all the MBS stations he might want at one time...
...wooded 400-acre tract five miles outside the grimy town, planned a $1,500,000 factory with electric ovens and a model town for 600 Wedgwood employes and anyone else who cares to live there. Including the new plant, Wedgwood's assets total some $2,500,000. Profit is a secret, but dividends have been paid every year except 1929-33 since the company's founding...
...Astronomer George Clyde Fisher, Archeologist Albert Ten Eyck Olmstead, Historian Allan Nevins, Dramatist Walter Prichard Eaton, Philosopher Harry Allen Overstreet. Their students include college graduates as well as men and women who never went to high school. In its first six months, National Educational Alliance has made a small profit, but President Crawley does not expect it to be a gold mine. The editors of The Popular Educator say they will be satisfied if their papers teach people to think...
...before Richard Whitney went to jail he offered Giles Wetherill his near-defunct Florida Humus Co. ''for the price of a good automobile"; but Wetherill said he wanted peat bogs, not lawsuits. Humus has sold a piddling 10,000 tons per year, has nevertheless made a small profit since 1934. American Peat's production plans call for 125,000 bales the first year, ultimately 500,000 a year...