Word: salant
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Dates: during 1950-1959
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...sets sold, and has by far the largest investment in color's success. CBS, which has no such involvement, admits it is not boosting color at the moment, has in fact cut its color programs nearly in half in the last year. Explained CBS Vice President Richard S. Salant: "There's no public demand and no advertiser interest. Nobody gives a damn now. Suddenly, some day, color TV will blossom. We guessed wrong when we thought it would come much sooner." ABC has no color programs at all, and no plans to mount any in the near future...