Word: whdh
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...added, however, that the Herald-Traveler Corporation would continue to operate radio station WHDH and would change its name to WHDH Corporation...
...Although the paper lost $5,000,000 in 1971, the parent Herald Traveler Corp. could always post a healthy profit, at least until last year, thanks to some $6,000.000 in annual net income from its television station WHDH. (Declining TV revenue in 1971 caused a net loss for the company of $310,000.) The really damaging blow came in January, when the Federal Communications Commission took away the corporation's TV license in order to diversify local media ownership. The corporation had fought 24 years for clear title to the license in a complex, oft-contested case...
...while it seemed that the Hearst Corp., which owns the Record American, might provide a lifeline. There was talk of a merger that would convert Hearst's tabloid into a standard-sized afternoon paper that would be printed in the Herald's modern plant. But when WHDH was finally lost, Hearst stiffened its terms and is now reported to be interested only in buying the Herald's plant and assets. The corporation's annual meeting, originally scheduled for next week, has been postponed indefinitely while the board ponders the Hearst proposal. But, says one Herald executive...
...addition to the TV station, the corporation owns the Boston Herald-Traveler. Earlier in the week Harold Clancy, president of the corporation, said if the station, WHDH-TV, were lost that, "in my opinion the paper wouldn't survive...
...considered by many to be too liberal to get the nomination, and Monday's address appeared to be his first attempt to attract the average American fed up with taxes. He also made a pitch to the growing group of voters angry about busing when he told a WHDH-TV reporter later that his tax proposals would make busing unnecessary because schools would theoretically become equal...