Word: radio-tv
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...Milwaukee last week, the Radio Television News Directors Association presented the first annual Paul White* Memorial Award for "the most significant contribution to radio and television journalism during the past year." The winner: Hugh B. Terry, president of TIME'S radio-TV station KLZ in Denver...
...officials were convinced that "friendly embassies" tipped key correspondents that President Eisenhower intended to deliver a "strong" statement against Russian intervention in the Middle East at his press conference. When the President stuck by his policy of talking softly and backing the U.N., a new spate of punditry and radio-TV commentary bewailed his "disappointing" stand...
...towel last week. Bendix Home Appliances, which brought out the world's first automatic washer in 1937, will be sold, pending approval of final terms, by Avco Manufacturing Corp. to Philco Corp. Avco also said it will close its money-losing Crosley appliance business (refrigerators, ranges, radio-TV), leaving 78 distributors around the nation with nothing to distribute. Chairman Victor Emanuel ticked off a host of reasons for Avco's retreat from appliances: "Increasingly severe competition, large over-capacities, rampant price-cutting, rising costs of labor and material...
...last year, however, ABC's TV billings alone had climbed to $51,393,434, and it was operating in the black (in the first nine months this year, American Broadcasting-Paramount Theatres' earnings were up to $6,616,000 from $5,286,000 last year). Kintner also built up his programming with top TV shows (Omnibus, Lawrence Welk, Disneyland, Bishop Sheen), expanded ABC's network (now up to 215 affiliated TV stations). But he failed to match the other networks' vast increase in total radio-TV billings; from 1949 to 1955 ABC's billings rose...
...major radio-TV speech, Stevenson said tonight that "unless something drastic is done, there will be over a million new school age children each year whom we do not have classrooms...