Word: rca
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...scheduled to file the bankruptcy petition this week, which would protect U.P.I. from its creditors while it puts its finances in order. Any plan then must be approved by a federal court. U.P.I. is expected to continue its efforts to persuade its major creditors (AT&T, American Express, RCA) to accept stock in return for forgiving about $17 million in debts...
...developing toward stocks of communications companies, portending more big mergers and fast price rises. ABC stock shot up $31, to nearly $106, and issues of some other companies in the field also climbed sharply. At week's end CBS had gained 20 1/4, to 108 3/ 4, and RCA, parent of NBC, had risen 4 7/8, to 42 7/8. Newspaper publishers Gannett and Knight-Ridder were up too, as was the stock of Chicago's Tribune Co. Australian Publisher Rupert Murdoch, whose properties include the New York Post and New York magazine, added even more zest to the media merger...
...most devasting in the history of mankind and for the extermination of millions of innocent people. We have no way of knowing how many lives could have been spared had not ITT produced and perfected the communications systems used in Germany bombers and submarines, or bad not RCA, General Motors, DuPont, Chemical or Chuse Manhattan been similarly tied to the Third Reich. We must learn lessons from history...
...million in the U.S. alone) to its stars (Tina Turner, Bruce Springsteen), nearly everything about last week's Grammy Awards ceremony was oversize. The whole business, in fact, is Big Enterprise at work. About 85% of the U.S. record industry is controlled by six mega-diskeries: CBS, Warner, RCA, MCA, Capitol and PolyGram. Even so, 20 of last week's 67 % Grammys were won by the products of such offbeat labels as Arhoolie, Top Hits, Reunion and Delos. These names represent the recording business's vibrant flip side, a growing industry of as many as 2,000 small, independent companies...
Schubert: Piano Quintet in A Major, "Trout" (Emanuel Ax, piano, with members of the Guarneri Quartet and Julius Levine, double bass); Mozart: Eine kleine Nachtmusik (Guarneri Quartet with Julius Levine; RCA). Schubert's ineffable "Trout" Quintet, so named for its use of the composer's song The Trout as the basis of the fourth movement, is one of the glories of the chamber-music repertory, beloved of pianists and string players (and audiences) everywhere for its grace, wit and warmth. Ax's sensitive, full- toned pianism and the Guarneri's rich ensemble are perfectly matched here, to each other...