Word: profitably
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Dates: during 1970-1979
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...edge, and could expand in what will be a growing industry in years to come. For many American businessmen and politicians, the NTT case is a perfect example of how Japan's cartel-like industry, in alliance with major trading houses, is able to preserve its profit margins by holding sway over the ruling Liberal Democratic Party, which is largely financed and backed by big business and farmers...
Quite possibly, Sears would have reduced its prices even if COWPS had not acted. The company's sales have slumped for eight consecutive months, largely because it moved away from discounting in an effort to improve profit margins. Now Sears can claim that price reductions are an act of inflation-fighting patriotism instead of a necessary step to woo back customers, and it can blame any lower profits on Government pressure...
...Company RCA laid it all on the bottom line at its annual meeting last Tuesday. Referring to "the very low ratings of NBC programs over the past month to month and a half," RCA President and Chief Executive Edgar H. Griffiths reversed a more optimistic earlier estimate and declared: "Profit for NBC will be substantially below that of the prior year...
...watch something akin to the shows he now sees free? The networks are unrivaled at concocting programs that appeal to tens of millions, but in the process they have ignored the specialized interests that every member of the TV audience also possesses. Cable TV, in contrast, offers for profit the potential choice of programs to suit every taste...
American Television and Communications, the No. 2 MSO, with nearly 1 million subscribers, has been growing continuously since Rifkin put it together in 1968. During the last fiscal year, it increased revenues 34%, to $71 million, and profit 65%, to $10 million. At the end of 1978, Time Inc. completed a buyout of A.T.C. for a total price of $179.6 million. Among other things the acquisition added to A.T.C. the 100,000 subscribers of Manhattan Cable, which Time Inc. had bought earlier. Unlike Teleprompter, which is concentrating largely on adding subscribers in areas where it already operates, A.T.C. is eagerly...