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GENERAL MOTORS —AMI RADIO ANEW STAR has risen in radio. It is called the General Motors Radio Corporation, and early in October it was incorporated in the state of Delaware for $10,000,000. The new company will manufacture and distribute apparatus covered by all the "Radio Group" patents "in radio, sound, and picture receiving and reproducing sets for use in homes and automobiles." General Motors owns fifty-one per cent, of the $10,000,000 of capital stock and lladio Corporation, forty-nine per cent. Management of the new corporation, as announced jointly by David SarnofF, for RCA, and Alfred P. Sloan, Jr., for General Motors, will be in the hands of General Motors. Nine men comprise the Board of Directors of which five are connected with the General Motors organization, two with the RCA, one representing Westinghouse, and one Gen- eral Electric. The directors are: John Thomas Smith, vice president and general counsel General Motors Corporation (chairman of Board). 11. J. Eimnert, president, General Motors Hadio Corporation. James G. Harbord, president. Radio Corporation of America. John L. Pratt, vice president, General Motors Corporation. A. W. Robertson, chairman, Westinghouse Electric & Manu- facturing Co. David Sarnoft", executive vice president, Radio Corporation of America. Alfred P. Sloan, Jr.. president, General Motors Corporation. Gerard Swope, president, General Electric Company. C. E. Wilson, vice president, General Motors Corporation. It is understood that General Motors will direct the new company through a separate executive personnel not yet an- nounced. The new company will have the widest manufacturing scope under the patents to which it has access. Radio receiving sets for home use, the superheterodyne circuit, electric pho- nographs, combination radio-phonographs, radio sets for automobile installation, and apparatus for still and motion pictures are all covered in the patents available for use by the General Motors Radio Corporation. No official of any of the four companies represented in General Motors Radio has been willing to comment on how the products of the new company will be distributed. It is apparent at this tune, however, that products of General Motors Radio will be separately designed, separately manu- factured, bear a separate trade identity, and, unless some new development is uncovered, will be separately merchandised. In an announcement to all Radiola distributors, J. L. Ray, president of Radio-Victor, says: "The Radio Corporation of America and its wholly owned subsidiary companies will continue independently as heretofore, to manufacture and distribute their own products. The General Motors Radio Corporation will manufacture its own product and develop its own distribution." (Concluded on page 122) • DECEMBER 1929 71