Word: thomson
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...will still be dwarfed by Canadian-born Roy Thomson, who bought the Dalton, Ga., Daily News (circ. 5,000) last week and ran his international collection of newspapers...
...suddenly stilled, and Britain's battling press lords struck a truce flag to pay convivial tribute to one of their fellows. The men of war were all there, chatting with Sir Winston Churchill and Prime Minister Macmillan at a table in London's imposing Warwick House-Roy Thomson of the Sunday Times, Cecil Harmsworth King of the Daily Mirror, Lord Rothermere of the Daily Mail, and the guest of honor, crusty, combative Lord Beaverbrook of the Daily Express, whose 83rd birthday prompted the shindig. "I felt that this was an occasion on which Fleet Street could forget...
Discouraging the Wild. One reason for this uneasiness is that, although Thomson wants its share of foreign markets, it prefers to keep France's Mr. Average Man for itself, Generously protected by French law, Thomson is usually able to persuade potential foreign competitors that rather than try to invade France themselves, they stand to make more money by letting Thomson handle their French production and marketing. With ties to General Electric dating from the Le Havre days, Thomson keeps a permanent engineering staff at the G.E. plant in Schenectady, produces under license products ranging from toasters to turbines based...
...Thomson is also adept at discouraging too much domestic competition. Says Dontot: "Competition is good if it's not wild. It has to be somewhat orchestrated." In cooperation with other big French companies, Thomson is sometimes accused of orchestrating overly aggressive little new comers clean out of business through "exclusive dealer" relationships and offers of easier credit terms to dealers than its rivals can afford...
Confidence In & Out. Determined to keep ahead of the technological revolution, Thomson has furnished much of the electronic equipment used in France's atomic tests, currently has its scientists at work trying to find a role for the company in space. Outside the company, too, there is confidence in Thomson-Houston's future. In a recent survey, 50 French stock market analysts were asked to name the company whose stock they thought had the best chance of rising in 1962. Free to choose from the entire array of French and foreign industry, 13 of the analysts picked Thomson...