Word: rca
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Dates: during 1980-1989
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Ferguson contends that America's most consistently successful and advanced industries, notably aerospace and chemicals, have been dominated by a few giant companies. (Gilder might cite as a counter-example RCA, which squandered its technological heritage by investing in such diversions as carpetmaking and rental cars.) High-tech corporations, says Ferguson, need a heavy capital base to pay for research, computer networks, manufacturing systems and worldwide organizations for sales and customer support. Upstart U.S. firms, too small to bankroll their own factories, often turn to Japanese companies for manufacturing help or sell their key technologies to raise capital for expansion...
...CHESS (RCA Victor). You missed the show, now buy the record: not a rock musical at all, but the most eclectic score of the '80s and the hottest night in Bangkok since Yul Brynner met Deborah Kerr...
Love is a subject much considered by Nanci Griffith, 34, who likes to call herself "just a little folkabilly songwriter," and K.T. Oslin, who surprised everyone -- herself most of all -- by winning a Grammy in March for her hit RCA single 80's Ladies. It was from her first album, and Oslin is 46. "It's dreamlike," says Oslin, a sometime actress. "I feel like I'm playing the role of a country singer. But I'd rather be starting now than ending now." Both women were brought up in Texas; however, where Oslin's writing and performing are foursquare...
GRAHAM PARKER: THE MONA LISA'S SISTER (RCA). New tunes as tough and tender as a dime novel. Parker hasn't released an album since 1985, but this one makes up for a lot of lost time...
...approximately 2,000 titles available in America. "We say, 'Got a turntable at home? That doesn't record either.' " Despite its clear technical superiority and the fact that movies on disc often retail for 50% less than tape, laser still went for a rough ride in the marketplace. Both RCA and MCA pulled the plug on their separate videodisc ventures in the early '80s, which led consumers to the misconception that the technology had gone bust. Pioneer Electronics, which manufactures virtually all the laser players sold in the U.S., soldiered on alone, going into the software business as well...