Word: rca
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...acquisition is expected to have earnings of $170 million this year, largely from the Merv Griffin Show and the popular game shows Wheel of Fortune and Jeopardy! Coca-Cola also has shares in a number of joint ventures, including a 50% stake in a home video operation with RCA...
Like color TV of that era, stereo is being pushed most aggressively by NBC (whose corporate parent, RCA, is a major manufacturer of stereo TV sets). The network offers 21 programs in stereo, including The Cosby Show, Amazing Stories and The Tonight Show. ABC and CBS have been notably cooler to the new technology. But two ABC series, The Insiders and Fortune Dane, were presented in stereo this season, as was the Grammy Awards on CBS in February. Several PBS series and much cable programming (including MTV) are also offered in stereo...
Courted by colleges across the country for her math and science skills, Resnik chose to attend Carnegie-Mellon University in Pittsburgh, from which she received a bachelor's degree in electrical engineering in 1970. She landed a job as a design engineer with RCA Corp. in Moorestown, N.J., received her doctorate from the University of Maryland and went to work for the Xerox Corp. in El Segundo, Calif. In March 1978, Resnik began training as an astronaut with NASA; she had been chosen from more than 8,000 applicants. Said Resnik at the time: "This is the first semester since...
Portraying spaceflights as daredevil enterprises of mystically endowed "single-combat warriors" was out-dated--and outmoded by the shuttle. Safe and reliable, the shuttle served the interests of RCA corporate chiefs and Star Wars fanatics alike. It would, of course, be hard to advocate putting millions of dollars of technology into space if the transport were to blow up every twenty trips or so. The point is, after all, that the shuttle was not a rocket, not a missile with a sardine-can-like warhead of astronauts. In the public mind, its very essence was "to shuttle," to safely carry...
Insider trading is about the only aspect of the merger marathon that bothers the Reagan Justice Department. Just a decade ago, a proposed joining of two leviathans like GE and RCA would have drawn an immediate challenge. But under the benign gaze of the Reagan White House, bigger most often means better. Charles Rule, Deputy Assistant Attorney General in the antitrust division, notes that recent years have brought "a sea change in public opinion regarding the costs and benefits of regulation," including antitrust laws. Says Rule: "After years of experience with the Great Society, we discovered that more Government doesn...