Word: reportedly
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Dates: during 1950-1959
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...before. Each phase of its irrepressible evolution reappeared in the next: the theater had more than its share of Barnum, the movies committed more Follies than Florenz Ziegfeld, and TV is in effect bringing vaudeville back to life. Today, show business is bigger, richer, more fascinating than ever. To report the world of show business is the aim of a new section TIME launches this week...
...interesting-denominator of the immortal and the merely diverting, the sublime and the corny, the Greek amphitheater and the burlesque runway. It includes Bernard Shaw and the TV gag writer, Laurence Olivier and the Las Vegas chorus girl -as well as their audiences. TIME'S new section will report "Show Biz" in all its phases. It will include news, trends and personalities of movies, theater, television, nightclubs, pop music. It will report on the more offbeat corners such as carnivals and beauty contests. And it will cover the vast supporting cast of pitchmen-the Madison Avenue mills that turn...
...have never known a period in television when all three networks were more receptive to considerations of new programing ideas . . . However, as a former reporter, I can testify that no matter what the networks do next season, it makes bigger headlines to report that the programing is 'stale and pedestrian' and that business is not too good...
...capacity in the second quarter, Big Steel announced that it earned $73.2 million or $1.25 a share, amply covered its regular quarterly dividend of 75?. Earnings declined far less from the year-ago level ($115,943,000 while at 89.5% capacity) than most Wall Streeters had expected. The report at long last destroyed Wall Street's old assumption that Big Steel needed to pour at 65% capacity just to break even. Furthermore, it showed that U.S. Steel's second-quarter rate of income from sales, 8.5%, was the highest of any integrated steel producer...
American Airlines President C. R. Smith last week made official a report that had skittered through the aviation industry for weeks. He had signed contracts for 50 new medium-range jet planes, thus bringing to no the number of jets slated for delivery to American between October 1958 and the end of 1962-more new equipment than has been ordered by any other airline in the world. Smith also sprang a new financing idea for planes: instead of buying the jet engines for the planes, the line will lease them from the manufacturers, save itself $80 million in initial cost...