Word: rca
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Dates: during 1940-1949
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...record sales. pays salaries to Mr. Erskine and two other Committee executives, buys the broiled chicken and green peas at the Committee dinners-of which there will be plenty, for the Committee now has 75 local branches. In its 18 months of existence, the Committee, after the manufacturer (RCA Victor) and Publishers Service had been paid, has had enough left to give $78,000 to needy U. S. orchestras and musical organizations...
...American Federation of Musicians. For the Boston Symphony is the only big nonunion orchestra in the U. S. Because of the A. F. of M. hold on the radio chains, the Boston Symphony has not broadcast in more than a year. Last fortnight tough Boss Petrillo forbade RCA Victor to make any more Boston Symphony recordings. "They're through," explained Mr. Petrillo. "We've taken them off the radio and off the records...
Azcarraga. Dominant in the affairs of XEW, outstanding figure in Mexico's radio industry, is Emilio Azcarraga. Now 47, Azcarraga used to be a football star at St. Edward's University at Austin, Tex., first began to dabble in radio in 1921 by distributing RCA battery sets. His mother and four brothers were in business with...
Today, besides XEW, Azcarraga, through Mexican Broadcasting Co., operates the 50,000 watt-station XEQ at Mexico City and the ornate Teatro Alamedo. With one of his brothers supervising a Chrysler assembly plant, another handling the distribution of RCA Victor sets in Mexico City, Azcarraga, known as Don Emilio to his intimates, makes plenty of time sales in the family circle...
...privately owned. Philco's spectacular career had whetted Wall Street appetites for years. Once a small maker of storage batteries, Philco dived boldly into the turbulent radio set business in 1928, went $7,000,000 into debt, emerged at the top of the manufacturing heap, ahead of RCA (on whose patents Philco depended). Hit by strikes in 1937 and 1938, it came back last year, for the year ended last March had a $2,359,767 net. Until last week Philco stock was owned by fewer than 100 people, most of them Philco directors, officers or employes...