Broadcasting (Apr - June 1960)

Record Details:

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* see our ad opposite page RAY V. HAMILTON RAY V. HAMILTON, Washington office, will be registered in Suite 1722-23-24 at the Conrad Hilton Hotel, Chicago, April 3-7, during the National Association of Broadcasters’ 38th annual convention. Ray will appreciate hearing from you during the convention in the — HAMILTON-LANDIS & ASSOCIATES suite • 1722-23-24 * see our ad opposite page DeWITT "JUDGE" LANDIS DeWITT "JUDGE” LANDIS, Dallas, will be registered in Suite 1722-23-24 at the Conrad Hilton Hotel, Chicago, April 3-7, during the National Association of Broadcasters’ 38th annual convention. “Judge” will appreciate hearing from you during the convention in the— HAMILTON-LANDIS & ASSOCIATES suite • 1722-23-24 INTERNATIONAL NEWSPAPER GETS TORONTO TV ‘Toronto Telegram’ wins over 8 opponents Less than a week after completing hearings among nine applicants for a second Toronto television station, the Board of Broadcast Governors on March 25 announced at Ottawa that it had recommended to the Minister of Transport the license be granted to Baton Aldred Rogers Broadcasting Ltd. Owners include the Toronto Telegram, evening daily, 51%; Foster Hewitt, sportscaster and owner of CKFH Toronto, 10%, and Paul Nathanson, president of Sovereign Film Distributors Ltd., Toronto, who owns a minority interest in CHCH-TV Hamilton, Ont., 10%. Other shareholders in Baton Aldred Rogers Ltd., are Joel Aldred, commentator and commercial announcer, who will be president of the company; Edward S. Rogers, Toronto, who will be vice-president, and whose father started CFRB Toronto, in 1927, and Rai Purdy, Toronto program producer who helped Canadian radio-newspaper chain owner Roy Thomson establish Scottish Television Ltd. at Edinburg, Scotland. Directors of Baton Aldred Rogers Broadcasting Ltd. include lawyer Charles L. Dubin as secretary, Delbert S. Perigoe, vice-president and managing director of the Toronto Telegram, as treasurer; and Toronto lawyers John W. Graham and Allan L. Beattie. The Toronto ch. 9 station with 325 kw video, and 162 kw audio, and antenna 925 feet above average terrain, is considered one of the choicest Canadian television properties. Baton Aldred Rogers Broadcasting Ltd. is expected to go on the air January 1 with 86 hours of weekly programming, which will have 61.73% Canadian content to meet BBG minimum requirements of 55%. Station will be located in the north central part of Toronto with a splitlevel studio and headquarters building on a 20-acre site. The building will have three studios. A theatre studio for audience shows will be available in downtown Toronto. While the Toronto Telegram owns 51% of the voting stock, it will limit its profits to 40% of the total. Its equity ownership will be 42.5%. The Toronto Telegram will supply $1,277,113 of the total capital of $3,000,813. Alfred Rogers Ltd. will supply $1,085,240, Foster Hewitt $319,200, Sovereign Film Distributors Ltd. $319,200, and Heathcourt Blvd. Investments Ltd., $60. Of the $3 million capital, $801,213 will be raised by issuance of common and preferred shares and $2,199,400 in 6% debenture bonds. The company plans spending about $2 million on land, buildings and equipment, $1 million for operations for the first three years. The company expects revenues in the first year of $4,664,900 and expenses of $4,503,500 including $1,646,000 for live programming. Toronto Telegram ownership, the application revealed, rests in 23,999 common shares held by trusts, the beneficiaries of which are the children of John Bassett, president of the Toronto Telegram, and chairman of Baton Aldred Rogers Broadcasting Ltd., and the children of John David Eaton, department chain store owner of T. Eaton Co. Ltd., largest retail organization in Canada. In addition to the new ch. 9 station, Toronto viewers are also served by CBLT (TV) Toronto, ch. 6; WGR-TV Buffalo, N.Y., ch. 2; WBEN-TV Buffalo, ch. 4; WKBW-TV Buffalo, ch. 7; and CHCH-TV Hamilton, Ont., ch. 11. CMQ’s bank accounts seized by Castro The National Bank of Cuba last week froze the accounts of that country’s last independent radio-television outlet, CMQ. The move was seen as a prelude to the Castro government’s seizure of the network. The station’s leading commentator, Luis Conte Aguero who recently charged that the Cuban government was overrun with communists, also had his account frozen. Senor Aguero has fled to the Argentine Embassy where he has been granted asylum. Sources at the National Bank said that the action will be followed by a formal investigation to determine whether Goar and Abel Mestre, the network owners, and Senor Aguero, acquired any savings through illegal contacts with former dictator Batista. The Mestre brothers’ holdings include Circuito CMQ, S.A. with tv relay stations in Camaguey, Matanzas, Santa Clara and Santiago de Cuba and an island-wide group of radio stations. 73 AMP EX All professional recorders readily, available in stock-including 300's & 350's. SHIP ANYWHERE IN U.S.A. BIRECT TO YOU AT FACTORY PRICES SOUND CORPORATION 820 W. OLYMPIC BLVD. ■ LOS ANGELES | 15, CALIFORNIA BROADCASTING, April 4, 1960