Word: zenith
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...Zenith Radio Corp.'s President E. F. McDonald Jr. (whose company has cautiously avoided color TV) charged last week that RCA had deliberately oversold the industry on color since 1953. In 1954 industry-wide licensing agreements, by which RCA collects royalties from other manufacturers using any of thousands of its radio, black-and-white and color TV patents, were due to expire. With affiliated NBC, charged McDonald. RCA engaged in "premature tub thumping for color television to induce manufacturers to sign up for a new license term of five years, and to continue collecting millions of dollars a year...
...Zenith of all glory...
...point of Babbitt was not so much that Zenith's leading realtor was a philistine, but that he half knew it and hankered vaguely after something more than the life of a rich land shark...
...arts of maritime commerce, and of naval war-including the amphibious landing. Across the golden bridge of the Grecian islands the civilizations of the Valleys of the Nile and Euphrates first advanced to Europe. Across this strategic roadway world conquerors from Babylon to Berchtesgaden have sped to their brief zenith and decay. In their day both Ramses II and Darius dug canals between the Nile and the Red Sea. As the North African sands still drift over the last burned-out tanks of Rommel, the newest Pharaoh of the Nile cries his claim for the road to the East...
Cost v. Vanity. But at $7.50 apiece it was so expensive that its first commercial use was in hearing aids. In 1952 Sonotone brought out the first transistorized aid at $229.50; it swept the field, and the race was on. Today 99% of hearing aids are transistorized; Zenith has a model selling for $50. As transistor production climbed from 100,000 in 1952 to a rate last week of 9,000,000 a year, the price dropped to about $2 apiece. Though they are still more expensive than most vacuum tubes, transistors are nevertheless conquering market after market...