Word: rca
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Dates: during 1940-1949
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...RCA Victor Show (Sun. 5:30 p.m., NBC). Arthur Fiedler and the Boston Pops Orchestra, with Baritone Robert Merrill. Premiere...
Radio. Directors of RCA promoted Frank M. Folsom, 54, from executive vice president to president, on the say-so of Chairman David Sarnoff, who has been doubling as president. A merchandising expert for over 30 years, Folsom was once a vice president of Montgomery Ward, served as assistant chief of Navy procurement for nearly two years during World War II, and joined RCA in 1944. Folsom, who will share top responsibility with Sarnoff (still chief executive officer), was full of beans about television. Said he: "Television is ... two years ahead of the most optimistic post-war forecasts . . . Today there...
...Manhattan's Daily News got a case of the dry grins over two eels which had stoppered Bronx water pipes and an owl which flew into the 67th floor of the RCA building. "If the whole metropolitan animal kingdom-cats, dogs, horses, pigeons, even cockroaches-has decided to gang up on us city dwellers," said the News, "they could probably drive us all nuts in no time...
...recording both pictures and sound on a single 16-mm. film instead of recording them separately, as before, ABC and RCA expect to cut recording costs from $225 to $60 for a half-hour show...
Jimmy Petrillo's lawyer had gotten together with RCA Boss David Sarnoff, representing the record makers. The compromise was simple: the union musicians relaxed their demands for royalties on all records sold since the Jan. i ban, in return for fatter royalties to come when the presses start cutting records. The new rates: 1% of the retail price of all records selling under $1 and a "slight increase" in royalties on records costing more than...