Word: radio
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...first major broadcast network, founded in New York City in 1926 by the Radio Corporation of America (a subsidiary of General Electric) as a ploy to sell radios. (Radios absent programming, after all, are rather worthless.) Dubbed the National Broadcast Company, it originally had two separate networks, both focused primarily on the East Coast: the Red Network, which broadcast entertainment and music, and the Blue Network, which carried news. In 1927 the West Coast got its own version of the Red and Blue with the creation of the Orange and Gold networks, which largely showed the same programs. Two years...
...corporate history. In 1931 antitrust issues forced RCA to split from General Electric; the orphaned company moved into new digs in New York City's Rockefeller Center (which remains its headquarters to this day). Despite a spirited rivalry with fellow broadcasting giant CBS in the golden age of radio, NBC ruled the dial - a supremacy that sparked further antitrust investigations from the newly created Federal Communications Commission. In 1939 the FCC ordered RCA to spin off NBC entirely; RCA, in a successful effort to avoid this outcome, instead sold off the Blue Network in 1943. It would eventually become...
Much of NBC's early DNA can be found in its current programming. Its Sunday-morning stalwart Meet the Press was originally a radio program when it was founded in 1947. The Today Show was launched on TV in 1952, followed by The Tonight Show in 1954. But by the 1970s, many of NBC's other TV offerings had foundered: local affiliates were defecting to competitors CBS and ABC, which were proving deft at luring away younger audiences. The company was bought - again - by General Electric in 1986; the new owners quickly shed NBC's remaining radio operations in part...
Best Buy's doorbuster specials drew large Black Friday crowds with customer lines snaking around the block at many of its stores in the wee hours of the morning. Other retailers, such as Staples, Radio Shack, GameStop and hhgregg, also reaped benefits from the electronics frenzy, notes Credit Suisse analyst Gary Balter. Many offered sharp discounts on gadgets, ranging from laptops and high-definition TVs to GPS devices and e-readers, as they jockeyed to fill the void left by the demise of Circuit City in the past year. "There is an insatiable hunger for these devices and they make...
About 28,000 people attended Duch's trial at the ECCC on the outskirts of Phnom Penh, and millions more Cambodians followed the tribunal on television and the radio. With about 70% of the Cambodia's 14 million people born after the Khmer Rouge regime, the trial enabled an entire generation to learn about their country's terrible past. Youk Chhang, the director of the Documentation Center of Cambodia, says that the fact that the tribunal was held in Cambodia was key to sparking interest in the trial and knowledge about the period. In January, the University of California...