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...have no plans for major developments in the way of acquisitions," says Backe. "I am more interested in internal development." There is plenty to develop. Though first-quarter profits were a record $33 million, the company has been stung by ABC's taking over the lead in prime-time TV ratings. Backe has scant experience in broadcasting -which can only accentuate Paley's continued indispensability-and is the kind of manager who lets division heads run their own shops. Trouble is, the CBS network and programming chiefs are both so green that they have never scheduled a whole...

Author: /time Magazine | Title: BROADCASTING: Small Change at CBS | 5/2/1977 | See Source »

That is changing. Mindful of the women's movement, fearful of Government action, and stung by a multimillion-dollar antidiscrimination suit filed against NBC by its female employees in 1975, the three major networks have discovered that women deliver the news as credibly as men. In the three years since Pauline Frederick left NBC (she is now a commentator for National Public Radio), the number of women network journalists on-camera has nearly doubled, to 25. While Barbara Walters was making headlines with her $1 million-a-year contract at ABC, three women moved into newsreading jobs. NBC assigned...

Author: /time Magazine | Title: The Press: Prime Time for TV Newswomen | 3/21/1977 | See Source »

...great pressure on the House last week as it considered a proposal from a special congressional commission, appointed last year by then Speaker Carl Albert, to limit the Representatives' outside income and require public disclosure of all income sources and most large debts. The members had been stung by the angry letters and editorials about their recent pay hike from $44,600 to $57,500. Proposed by the Ford Administration and supported by President Carter, it went into effect automatically on February 20 because Congress made no attempt to block it. This procedure had been set up precisely...

Author: /time Magazine | Title: THE CONGRESS: They Are Paying the Price of Virtue | 3/14/1977 | See Source »

...French party, too, still has among its top leadership men who were once staunch Stalinists. Marchais himself is a new (and in some quarters suspect) convert to the more liberal tenets of Euro-Communism. The French Communists were stung by an article in the Soviet Party organ Pravda blasting their participation in a Paris rally called to support political prisoners in the Soviet Union. In Madrid, Marchais was not about to raise Russian hackles again. Said he rather lamely: "We think that the three parties do not have the right to make a collective condemnation of some parties." That left...

Author: /time Magazine | Title: COMMUNISTS: Not Being Too Beastly to Moscow | 3/14/1977 | See Source »

...banner across the top of the front page and banished ads from the first seven pages. Page six has been reserved for a mild stew of short, gossipy items?including last week's tongue-in-cheek rewrite of an Associated Press report that ten people in Argentina have been stung by ?you guessed it?killer bees, and a copy of a telegram sent to Murdoch by Screw Magazine Publisher Al Goldstein asking why his is "the only New York publication you haven't tried to buy? P.S. I have feelings too." This week Murdoch will add two pages...

Author: /time Magazine | Title: THE BATTLE OF NEW YORK | 1/17/1977 | See Source »

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