Word: sarnoff
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...little man's awe of the tycoons soon rubbed off. Prime targets such as Nelson Rockefeller, RCA's David Sarnoff and Marcel Palmaro, head of Lehman Bros.' foreign department, were soon being buttonholed by Burmese industrialists, Taiwan manufacturers, Brazilian bankers. Projects from underdeveloped countries eager for foreign capital were produced by the hatful. India is ready to open its great bamboo forest in the Mysore province for paper and pulp production if it can get $8,500,000 in foreign exchange in return for half ownership. India's Orissa province needs $1,500,000 in foreign...
...mummer's parade of station-break plugs (Dorothy Kilgallen, Billy Graham, Coty Curl-Set), it looked as if Comedian Paar might be able to realize NBC's hopes of keeping TV "live" after 11, when many U.S. homes are surfeited with aged Hollywood movies. Boss Bob Sarnoff was so pleased that he sent Paar a pair of huge gold cuff links, and Program Chief "Mannie" Sacks sent "congratulations with a few suggestions...
...David Sarnoff LL.D...
...David Sarnoff. chairman of Radio Corporation of America LL.D...
...chief operating officer under Board Chairman David Sarnoff, who will remain chief executive officer, Burns will manage a vastly diversified electronics empire that has tripled its earnings since World War II, yet last year suffered a $7,500,000 drop in profits (to some $40 million), largely because of its expensive research and development in color TV. "RCA is paying a necessary price to develop color TV," says Burns. "Like all developments, there is an incubation period that costs money, then a rapid rate of growth when the product is right for the market and pays off." Burns will also...