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...which, according to U.S. Customs officials, was most intense during and after the mid-1970s recession. The kickbacks allegedly worked this way: manufacturers quoted a high official wholesale price but then made illicit payments to their U.S. importers that enabled them to undercut the retail price of American-made TVs by as much as $100. Customs officials and Government lawyers say that virtually all Japanese manufacturers except Sony are implicated...

Author: /time Magazine | Title: Business: Hot Duel over Dumping | 3/26/1979 | See Source »

...Sanyo and Toshiba−could be required to pay dumping duties totaling $500 million owed on $2 billion worth of sets imported since 1971. In addition, the U.S.­owned retailers could face civil fraud penalties totaling $1 billion and criminal fines of $5,000 for each shipment of TVs brought in under a false import declaration. But the prospect is for a less painful out-of-court settlement. Says one Treasury lawyer: "Nobody wants to see the Government take over Sears...

Author: /time Magazine | Title: Business: Hot Duel over Dumping | 3/26/1979 | See Source »

...people in 50 million households are watching TV on Thursday night at 8, and 25 million are tuned in to Mork & Mindy, the program would have a 50 share. A rating, on the other hand, is the percentage of all the 74 million households in the country that have TVs, whether the sets are turned on or not. Since it is assumed that each TV household consists of an average two viewers at any one time the set is on, each rating point is equivalent to a viewing audience of about 1,500,000 people. On that hypothetical Thursday...

Author: /time Magazine | Title: Chaos in Television | 3/12/1979 | See Source »

Zookeepers feared that Willie B. might lapse into a severe depression. But within a few days, the zoo received more than 50 offers of free TVs, as well as a surveillance system to keep Willie B.'s TV from ever being stolen again. The first replacement set to arrive, a 19-in. color model, was immediately installed in Willie B.'s cage. So, this Sunday, like millions of other fans, Willie B. will surely be jumping up and down in front of his TV, watching the Super Bowl...

Author: /time Magazine | Title: Americana: Prime-Time Primate | 1/22/1979 | See Source »

...Laredo, some still unpaved streets are lined with quaint, two-story Spanish-style buildings that house hundreds of tiny discount shops. Aisles are packed with color TVs, pocket calculators, tape decks and radios. Prices-$460 for a Sony 17-in. portable color TV, vs. $634.95 at Foley's department store in Houston-attract a different kind of professional smuggler, the chiveras. They sometimes hire pilots, who are occasionally smugglers themselves, and twin-engine Beechcraft "Beech 18" airplanes with the noses extended 6 ft. to haul more cargo...

Author: /time Magazine | Title: Business: Border Boom | 1/8/1979 | See Source »

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