Broadcasting (Apr - June 1960)

Record Details:

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Grant headquarters to N.Y.; top echelon shuffled Mr. Plowe Mr. Purcell Mr. Peck Mr. Mack Mr. Kotowski Mr. Gather Mr. Gordon Mr. Yount Elliott Plowe, senior vp of Grant Adv.’s New York office, becomes president as agency moves its U.S. headquarters from Chicago to New York. He came to Grant last February from BBDO where he had been vp and account supervisor. Founder Will C. Grant continues as chairman of board and chief executive officer in Chicago, where corporate business of agency’s nine U.S. and some 30 foreign offices is centered. Christopher Cross, vp and admin istrative assistant to president, assumes new Chicago assignment as senior administrative vp. Lyle Purcell, president of Select Magazines and formerly marketing-reasearch vp of BBDO, has joined reorganized agency as executive vp of Grant Adv. (USA) and general manager of New York office. Six executives from Grant’s Detroit office move to New York. They are Frederick A. Peck creative director, promoted to vp and head creative director for all offices; Robert C. Mack, tv-radio director, who becomes vp and national director of tv and radio; Leonard J. Kotowski, Detroit copy chief, to vp and copy chief of all U.S. offices; Wallace J. Gordon, assistant branch copy chief, to assistant national copy chief; Myers B. Cather, vp and Detroit manager, to vp and account supervisor, and Bruce W. Yount, controller, to internal office manager. The Detroit office remains open on service basis. The Media John F. Dickinson, vp, Harrington, Righter & Parsons, N.Y., elected to board of directors. Mr. Dickinson has been with company since 1949. Morton A. Barrett, vp and secretary The Bolling Go., N.Y., joins Edward Petry & Co., that city, as tv salesman. Mortimer Weinbach, vp and general counsel of ABC, named to radio board of directors of NAB, succeeding E. J. DeGray who recently resigned as HAMILTDMMDIS & ASSOCIATES, Inc. BROKERS • RADIO AND TELEVISION STATIONS • NEWSPAPERS MIDDLEWEST AM-FM Fulltime — 3 station market — 1960 gross will hit $85,000.00. Average profit around $20,000.00 — Priced to sell— $115, 000.00. $115,000. FAR WEST TV-AM-VHF With cash flow of $91,000.00 for 1959. Total price $550,000.00, with 29% down and balance over eight years. $550,000. NORTH MIDDLEWEST DAYTIMER Fulltime possible. Grossed over $93,000.00 in 1959. Plant in excellent shape. Total price $125,000.00, with 29% down and balance negotiable. $125,000. SOUTH WEST FULLTIMER AM-FM 250 watts with application in for 1000 watts. Brand new equipment, valuable real estate, with gross around $100,000.00. Priced at $125,000.00 with terms. $100,000.00 for cash. A real solid buy based on today’s prices. $125,000. MIDWEST DAYTIME REGIONAL Profitable daytimer in one of the top twenty markets. Unlimited potential. Excellent frequency with $450,000. 1000 watts power. Priced to sell at $450,000.00. 29% down and seven years payout. WASHINGTON, D.C. Ray V. Hamilton John D. Stebbins 1737 DeSales St. N.W. Executive 3-3456 NATIONWIDE CHICAGO Richard A. Shaheen 1714 Tribune Tower DEIaware 7-2754 • NEGOTIATIONS DALLAS DeWitt 'Judge' Landis 151 1 Bryan Street Riverside 8-1175 SAN FRANCISCO John F. Hardesty 1 1 1 Sutter Street EXbrook 2-5671 • FINANCING • APPRAISALS Mr. Bremer president of ABC. Frank V. Bremer, 50-year veteran in broadcasting, and most recently consultant to WNTA-AM-TV New York, retires. WNTA is outgrowth of amateur spark station, operated during 1908-13 under the call “F.V.” built and operated by Mr. Bremer. “F.V.” then became station 2-ARN, operating as spark transmitter. Mr. Bremer obtained license when this became mandatory, operating 2-ARN until World War I ban on radio. In December 1918, station returned to air as 2-IA, with first constant wave transmitter installed in 1919. Three years later, amateur 2-IA became WAAT N e v/ a r k , N.J., and subsequently WNTA. Walter Conway, manager of KDIA Oakland, Calif., elected vp. Before joining KDIA, Mr. Conway was manager of WBEE Chicago and previously managed KSAY and KSAN, both San Francisco. Robert G. Dunkin, technician at WHYY-TV Philadelphia, promoted to engineering supervisor. Ken Radant, program director at WBCH Hastings, Mich., promoted to assistant manager. He has been with station since 1958. Howard A. Singer, assistant general attorney, National Telefilm Assoc., N.Y., named assistant to president, Oliver A. Unger. 72 (FATES & FORTUNES) BROADCASTING, May 30, 1960