Word: rca
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Dates: during 1980-1989
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...Heart Attack and Vine, the songwriter did manage to shape up a few numbers while he was living in Manhattan. And he managed, in late April, while negotiations were still underway between his manager and Coppola, to record the LP at the RCA studios on Ivar, with long-time producer Bones Howe. "Pomona Lisa" didn't make it to his seventh album, but tracks like "Ruby's Arms," "Jersey Girl" and "Till the Money Runs Out" did. And another song -- "Downtown." A Waits' original or the Petula Clark classic...
...RCA Records sent this photo along to prove they had to get tough while shipping Elvis Aron Presley, their latest Elvis release, an 8-record set of mostly unreleased material. Hi-jackers, RCA claimed on silver-coated (expensive!) paper, would be too tempted otherwise...
...Pfeiffer firing was among the messiest in recent American business history, and the departures at NBC may not yet be over. Silverman, an industry legend since he was programming chief at CBS, was also rumored to be on the way out. The latest sacking made RCA Chairman Edgar H. Griffiths, 59, look especially bad. Pfeiffer's executive decapitation came just three weeks after Griffiths summarily dismissed RCA President and Heir Apparent Maurice R. Valente, 51, whom he had recruited from I.T.T. only six months earlier...
Though Griffiths has been credited with making RCA competitive once again in television manufacturing and other electronic products, his record with NBC hardly merits a peacock. In 1976, when Griffiths assumed the throne at RCA, the corporation earned $106.9 million, of which 32% came from the network. Last year RCA earnings totaled only $105.6 million, with NBC accounting for a mere 17%. Said John Reidy, a broadcast-industry analyst with Drexel Burnham Lambert Inc.: "If the broadcast division is not the premiere division in that company, then it is a problem...
Griffiths thought the problem was Pfeiffer. Formerly vice president in charge of corporate communications and government relations at IBM and Jimmy Carter's first choice to be Secretary of Commerce, Jane Cahill Pfeiffer had helped lure Silverman to NBC in 1978, while acting as a management consultant to RCA. After signing on with NBC for a reported $1 million a year, Silverman admitted that his managerial experience was limited and hired Pfeiffer, whose salary and bonus last year came to $425,000, to handle mundane corporate affairs...