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color, representing about 48% of the station's weekly programing.
With the new color expansion, the station will be adding about S500.000 worth of new technical facilities, including six image orthicon color cameras. Its Broadway studios will be remodeled for live color.
The New York Mets (National League) home baseball games will be colorcast.
Program notes . . .
For next season ■ A half-hour situation comedy titled Kibbee Hates Fitch is being produced for the NBC-TV 1964-65 season by Ellen Enterprises Inc. and United Artists Television Inc. The comedy is the property of Neil (Doc) Simon, whose Ellen Co. is a
PKL earnings up in nine-month period
Papert, Koenig. Lois, the first agency to issue stock to the public, last week presented a financial statement for the nine month period ending Aug. 31, showing a gain of $76,661 in net income over the same period in 1962.
PKL reported its application to the Quotations Committee of the National Association of Securities Dealers for daily listing of quotations in the "eastern list" of newspapers has been approved. The listing will reportedly begin this month.
Nine months ending Aug. 3 1 :
1963 1962
Gross billings from which commissions and service fees
are derived S14,252.315.00 S10r215. 865.00
Commission and service fee
income 2.189.633.00 1.633,224.00
Operating expenses : Production and
service costs 870,658.00 598,519.00
Selling, general and administration expenses 791,691.00 668.054.00 Total operating
expenses 1.622.619.00 1,266,573.00
Net oDerating
income 527,014.00 366.651.00
Other income 643 Net income before
federal income
tax 527.657.00 366,651.00
Federal income tax 271,379.00 187,034.00 Net income 256,278.00 179,617.00
Number of shares
outstanding 511,910 511.910
Outlet Co. has drop in broadcast revenue
Total retail sales of the Outlet Co., Providence. R. I., were up, but revenues from broadcasting (less expenses), service charges and miscellaneous sources as well as net earnings were down in the first six months of the year compared with the same period in 1962.
The Outlet Co. is a department store which also owns wjar-am-tv Providence, and recently acquired wdbo-am
BROADCASTING, Octeber 7, 1963
co-producer. The series will be based upon life in a fire station.
Krebiozen show offered ■ Wjrz Newark is offering to interested stations tapes of its program, "Krebiozen — the Doctor's Side of the Controversy." The hour program on the controversial drug is available on a cost basis from Wade T. Nixdorff, director of public relations, wjrz, 32 Green Street, Newark.
Post mortems ■ Second guessing is the keystone of a new sports show on were Cleveland following Cleveland Browns pro football games. Entitled Second Guess, and created by Charles L. Getz Jr., partner in Wendell and Getz Advertising Agency, Cleveland, the program uses experts who argue, criticize and commend points in the just-com
FINANCIAL REPORTS
pleted game. Former Cleveland star Cliff Lewis, John Carroll University coach John Ray and Ken Hildebrand, of were, provide the post-mortems. Second Guess shifted from wgar to were Oct. 6 on conclusion of the baseball season.
Cooperative council ■ Wvmc Mount Carmel, 111., not only has permission to broadcast live and direct the bi-weekly meetings of the town's city council, it got the local legislators to change the meeting time from evening to afternoon to accommodate the daytimers scheduling problems. Noting that citizens have a right to know what goes on at the council meeting, the mayor of Mount Carmel said "radio is an excellent way to give them a front-row seat."
fm-tv Orlando, Fla. (Broadcasting, July 22). SLx months ended July 27:
Retail sales $7
Revenues from broadcasting, less expenses; service charges and other miscellaneous sources
Total revenues
Cost of goods sold and operating expenses
Earnings before federal income tax
Federal income taxes
Net earnings
1963 ,251,608
726.575 ,978,183
1962 $7,031,310
1.111,063 8,142,373
7,656,352 7,440,361
321,831 702,012
144.500 365.665
177,331 336.347
Meredith earnings up,sees further progress
Progress in improved programing will come only from unregulated economic endeavor, Meredith Publishing Co. says in its annual report for the fiscal year ended June 30.
"We feel that further intrusion of federal regulation in this area is neither warranted nor, in the long run, bene
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