Word: programming
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Dates: during 1980-1980
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...Mexico, where legends tell of the Spanish explorer Coronado searching for the Seven Cities of Cibola, drills sink into the earth in search of uranium. The Mountain States hold vast deposits of the nation's coal, oil and uranium; they are at the heart of any U.S. energy program, and thus of the nation's future. The boom is sweeping far beyond the coalfields and oilfields. Construction cranes pierce the skies over Denver, Salt Lake City, Phoenix, Albuquerque, Boise, cities that already bristle with high-rises undreamed of ten years ago. Modernistic electronics plants sprout alongside gleaming shopping...
...board last summer, it approved a $20 billion program of loans and tax incentives to spur development of the industry...
...plan ahead for anticipated growth complain that no one in the Federal Government will listen to them. Says Utah Governor Scott Matheson: "We're growing so fast now that we can see almost unmitigable problems -even without the development of synthetic fuels or the huge MX program. We estimate that in the next ten years the state will increase in population from 1.4 million to 2 million. That's explosive. Now all these things are supported by the Federal Government, but the Feds never sit down and tell you that all these things have to be planned together...
...press briefing heralding the Energy Department study, Glaser replied to all these objections. He pointed out that solar satellites, unlike power plants that would use nuclear fusion, need no major technological breakthroughs; the space program has already shown that the required scientific know-how exists. What of the staggering costs? Glaser argued that after the turn of the century, when such satellites could be in operation, their electricity probably would be no costlier, and perhaps a lot cheaper, than power from oil, coal and nuclear plants. As for the danger from microwaves, Glaser conceded that this needs further study...
...reason for the convoluted accounting is the networks' refusal to pay full production costs of the shows they buy. A program like Charlie's Angels, which is really a display case for three beautiful detectives wearing as little as possible, costs $623,000 a segment. But ABC pays Spelling-Goldberg Productions only $583,000, leaving a deficit of between $800,000 and $900,000 a season. It is generally not until a series is sold for syndication that the deficit is erased and the big profits begin. Until then, producers borrow, worry about cost overruns...