We use Optical Character Recognition (OCR) during our scanning and processing workflow to make the content of each page searchable. You can view the automatically generated text below as well as copy and paste individual pieces of text to quote in your own work.
Text recognition is never 100% accurate. Many parts of the scanned page may not be reflected in the OCR text output, including: images, page layout, certain fonts or handwriting.
Helnl Radio News Service
8/14/46
NAB-RMA COMMITTEES TO SET PLANS FOR NATIONAL RADIO WEEK
Observance of National Radio Week in November will be given impetus by joint efforts of the Radio Manufacturers' Association Advertising Committee and athree-man group to be shortly named by the National Association of Broadcasters, it was announced this week following ameeting of the RMA Committee in the KYW studios in Phila¬ delphia.
The RMA Committee, under the chairmanship of John S. Garceau, Advertising Manager of Farnsworth Radio & Television Corp¬ oration, endorsed a proposed program submitted by W, B. McGill, of Westinghouse Radio Stations, Inc. on behalf of a special sub-commit¬ tee for National Radio Week, members of which include:
John Gilligan, of Philco Radio Corporation and John K. West, RCA Victor Division, An early meeting of the RMA-NAB commit¬ tees is expected to take place soon, it was said, to set plans for widespread dealer-distributor tie-ins and promotions as well as national and local radio programs, local newspaper advertising and cooperation of retail trade associations.
XXXXXXXX
CBS NET INCOME AND EARNINGS PER SHARE SHOW SHARP BOOST
The net income of the Columbia Broadcasting System for the first six months of the year was $3,200,716, according to an announce¬ ment by the company, a gain of almost $1,000,000 over the same period for 1945. Earnings in that period amounted to $2,224,170. Earnings per share, calculated on 1,717,352 shares of $2.50 par value stock, for the first six months of 1946 were $1.86 contrasted with $1.30 for the like period of 1945.
Gross income of CBS for the 1946 half-year period was $46,582,052, as compared with $42,992, 968 for the first six months of 1945. Increase in net income by the company in the first half of 1946 can be attributed in large part to the absence of excess pro¬ fits taxes this year, which in 1945 cost the network $2,530,000 for the first six months. A cash dividend of 50 cents per share on pre¬ sent Class A and B stock of $2.50 par value is payable September 6 to stockholders at the close of business August 23rd.
XXXXXXXXX
6