Word: rca
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Dates: during 1980-1989
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...what would become known as Silicon Valley. In Dallas, a young, aggressive maker of exploration gear for the oil industry, Texas Instruments, had already hired away another Bell Labs star, Gordon Teal, and was churning out the little gadgets. So were old-line tube makers such as General Electric, RCA, Sylvania and Raytheon. Much of their production went to the Pentagon, which found transistors ideal for a special computing task: the guidance of missiles...
Mahler: Symphony No. 7 (RCA, 2 LPs). The Song of the Night defeats most conductors. James Levine and the Chicago Symphony crack its secrets with a powerful performance...
...exceeded $11 billion, and telecommunications industry experts now estimate that technologically advanced applications, like relaying computer data, could keep growing at a 25% annual rate through the remainder of the decade. Says Al Parker, vice president for marketing at Ford Aerospace & Communications Corp., which, along with Hughes Aircraft and RCA Corp., is a leading manufacturer and marketer of satellites and telecommunications systems: "This is already a large business, and it is going to get much larger. How big is anybody's guess...
Scrapping over transponders is especially intense among cable television-programming companies, which see the devices as a way to cut costs and gain on the competition. For them, by far the most popular and sought-after transponders are the 24 aboard RCA's Satcom III-R, launched into orbit last November. They can carry two dozen different channels of cable TV programming. The satellite's customers include the pay TV channels Showtime and Home Box Office as well as Warner Amex and Turner Broadcasting System...
Originally, Satcom III-R transponders were rented by RCA to entertainment and programming companies for up to $1.5 million a year. But by July of 1981, four months before Satcom III-R was even launched, demand for space on the satellite had grown so hot that Landmark Communications Inc. of Norfolk, Va., which broadcasts round-the-clock weather forecasts, found itself having to pay a cool $10.5 million up front to acquire sublet rights on one of Satcom's transponders. The seller of the lease: Premier network, a failed joint venture of several Hollywood film studios...