Word: rko
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Flying Leathernecks (RKO Radio] is the latest in the long line of films celebrating the exploits of U.S. arms in World War II. Except for the fact that its heroes are U.S. Marine flyers whose combat feats look unusually spectacular in Technicolor, the new movie differs from most of its predecessors no more than one can of C rations from another...
...Kind of Woman (RKO) is a somewhat lumpy blend of slapstick comedy and dead-serious melodrama. Gambler Robert Mitchum, after being alternately wooed and walloped by gangsters, finds himself in an isolated Mexican resort trying to cope with a plot that defies analysis. While awaiting the arrival of the criminal mastermind (Raymond Burr), Mitchum patches up a newlyweds' quarrel; exchanges terse dialogue and melting looks with bosomy Jane Russell; plays straight man for Vincent Price, a hammy Hollywood star...
Alice in Wonderland (Walt Disney; RKO Radio) presents Lewis Carroll's beloved classic in the characteristic vein of another children's favorite, to wit, Producer Walt Disney, but it adds no glory to either...
...cash; he traded RCA products and stock for the companies he wanted. RCA had developed the Photophone, a device for talking movies, and traded rights to it to Radio-Albee-Orpheum and F.P.O. Productions, Inc. for 65% of their stock. The name was changed to the Radio-Keith-Orpheum (RKO). To get into the manufacturing business on its own, instead of remaining only a wholesaler of sets, RCA swung an even bigger deal: RCA took over Victor Talking Machine for $150 million worth of RCA preferred and common stock, a price that Wall Street thought far too high. RCA profits...
...then, the Depression had hit hard enough so that Sarnoff decided to lighten ship. He started selling off control of RKO and later, on orders of FCC, sold the Blue network (it became the American Broadcasting Co.). In RCA's stock-swapping years, it paid no dividends. The first one was not paid until 1937, nearly 20 years after the company started. Sarnoff has thought it more important to plow earnings into research to keep up with the electronic world. And profits from research have often been a long time acoming...