Word: sarnoffs
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
Precisely because the program is vague and voluntary, its success will depend primarily upon how businessmen react to it. Such industrialists as G.M.'s Donner and RCA's David Sarnoff pointed out that their companies already have favorable trade balances, thus implying that the President could expect little more from them. A number of bankers echoed the criticism made by European financial leaders that Johnson had attacked the symptoms rather than the basic causes of the deficit. They pointed out that, in a rush to beat the voluntary controls, U.S. banks have probably already exceeded...
...what may be an ultimate even in Hollywood home projection facilities, Wasserman's movie-screening room is actually a separate building-with a sliding aluminum roof and enough couch-side buttons to thrill General Sarnoff-one for controlling stereo, others for tape machines, radio, and the movie sound-track volume. As he sits in this room and judges all he has done in the past few years, he has a great deal more in mind than the simple Hollywood formula: "If it makes money, it's good...
With its National Broadcasting Co., its soaring business in color television, and its $560 million a year in defense and space sales, the Radio Corporation of America has long been the world's No. 1 electronics company. Its imaginative and aggressive chairman. David Sarnoff, has ambitions for RCA to be much more than that. Having just emerged from six years of losses on its computers, RCA has twice this month raised its bid to grab more of the world wide computer market now dominated by International Business Machines. In its most costly move since entering the field...
Last week Sarnoff arranged another alliance with potentially vast consequences. In what would be a $140 million stock swap, he offered to absorb Prentice-Hall Inc. of Englewood Cliffs, N.J., a leading publisher of textbooks and specialized business literature. Although Prentice-Hall's 1963 sales of $68.4 million are dwarfed by RCA's $1.78 billion gross revenues, the merger could result in revolutionary advances in communications and teaching methods by linking electronics with the printed word -for instance, computer-controlled printing at fantastic speeds delivered electrically to homes and offices...
...brokerage and investment. The company is also developing audio visual devices and programmed materi als for teaching. Says Chairman (and cofounder) Richard Prentice Ettinger: "We're going into an era of education involving more than books. We'll put our knowledge together and beat every body." Added Sarnoff: "I believe this will advance the art of communications as a whole...