Broadcasting Telecasting (Oct-Dec 1962)

and Powell) is issuing an album, "Wall Street Speaks to Chet Huntley," that should be of great interest to every investor in the stock market. Mr. Powell said that when the company's stock dropped three or four points on the news of his illness, he was very concerned at this indication that people thought Four Star was a oneman company. "It is not and it never has been," he declared. This is why he had asked the board to elect Mr. McDermott president and Mr. Elber executive vice president, while making himself board chairman, Mr. Powell explained. "This is a young man's business," said the company president. He had great praise for the creative and executive ability of these two executives, as well as their junior associates. His illness did not prompt the suggestion, Mr. Powell stated. Having mentioned his illness (the word cancer was never spoken), Mr. Powell reported that the "malignant tumor" in the upper part of his right lung is responding to treatment. "I'm not a damn bit scared and I'm whipping it," he asserted. His appearance made his words readily believable, some observed. When word came that the latest x-rays showed an 85% reduction in the size of the tumor, "I got a little drunk that night," he confessed. There were other questions, such as what about dividends, and answers, such as the opinion of the board that for the present it was better to use cash to build the company, although a stock dividend is a distinct possibility. But the good report of Mr. Powell's physical progress was what most stockholders had hoped to hear. They heard. At a directors meeting following that of the stockholders, Mr. Powell was elected chairman of the board; Mr. McDermott was elected to the presidency vacated by Mr. Powell, and Mr. Elber was named first vice president, succeeding Mr. McDermott (see Weeks Headliners, page 10). Film sales... Broadway Goes Latin (ITC) : Sold to WAST (TV) Albany, N. Y.; KTVT (TV) Ft. Worth; WBRE-TV WilkesBarre-Scranton, Pa.; WFGA-TV Jacksonville, Fla.; WLOF-TV Orlando, Fla.; KROD-TV El Paso, Tex.; WLOS-TV Asheville, N. C; WBOC-TV Salisbury, Md., and WTVT (TV) Tampa, Fla. Now in 1 1 markets. Biography (Official Films) : Sold to First Pennsylvania Banking & Trust Co. for Philadelphia; American National Bank for Mobile, Ala.; Liberty National Bank for Oklahoma City; Michigan National Bank for Lansing; Walker Bank & Trust Co. for Salt Lake City and WSB's 'Mike Award' NAB President LeRoy Collins (1) congratulates Frank Gaither, WSB Atlanta general manager, as the Georgian learns his station has been named the 1962 recipient of the Broadcast Pioneers' "Mike Award" for typifying the group's standards for excellence in community service. The announcement was made last week at the 1962 NAB fall conference held in the Georgia capital city Oct. 15-16. The "Mike" will be presented to WSB next year at the annual Broadcasters' Foundation dinner in New York City Feb. 25. WBZ-TV Boston; KONO-TV San Antonio; WSAZ-TV Huntington, W. Va.; WDEF-TV Chattanooga; KFYR-TV Bismarck, N. D.; KSLA-TV Shreveport; KGNS-TV Laredo, Tex.; KFBCTV Cheyenne; KELO-TV Sioux Falls, S. D., and WKOW-TV Madison, Wis. Now in 147 markets. Red Rocket (Space Age Productions Inc.) : Sold to WNEW(TV) New York; WTTG(TV) Washington; KMBC-TV Kansas City; KOVR(TV) StocktonSacramento; WTVH(TV) Peoria, 111.; WTCN-TV Minneapolis-St. Paul; KP AC-TV Port Arthur and KGNCTV Amarillo, both Texas; and KPTV (TV) Portland, Ore. Now in nine markets. Probe series (National Telefilm Assoc. Inc.): Sold through Cline Agency, Boise, Idaho, to Idaho First National Bank for scheduling on yet-to-be-designated stations in Boise and Idaho Falls; CBS-TV affiliate KXLY-TV Spokane, Wash.; WEAR-TV Pensacola, Fla.; and WHBF-TV Rock Island-Davenport, 111. Now sold in 40 markets. Top Rank (25 feature films by J. Arthur Rank) (National Telefilm Assoc. Inc.): Sold to KOMO-TV Seattle, KHQ-TV Spokane, KATU(TV) Portland, Ore., WCSH-TV Portland, Me., KMJ-TV Fresno, Calif., WOI-TV Ames, Iowa, and WAKR-TV Akron, Ohio. Now in 50 markets. Thriller (MCA Tv) : Sold to WISNTV Milwaukee; KOTA-TV Rapid City, S. D.; KARD-TV Wichita, Kan.; KLIX-TV Twin Falls, Idaho; WKY-TV Oklahoma City; and WLUC-TV Marquette, Mich. Now in 49 markets. Films of the Fifties (Seven Arts Assoc.): Vols. 4 and 5 (93 Warner Bros, and 20th Century-Fox feature films) sold to WSB-TV Atlanta; KPRCTV Houston; WJ AC-TV Johnstown, Pa.; WALA-TV Mobile, Ala.; WEEKTV Peoria, 111., and KOLO-TV Reno. Now in 24 markets. Checkmate (MCA Tv) : Sold to WLOS-TV Asheville, N. C; WSJV-TV South Bend, Ind.; WKY-TV Oklahoma City; KALB-TV Alexandria, La.; WOOD-TV Grand Rapids, Mich.; WXIX (TV) Milwaukee, and WSBATV York, Pa. Now in 41 markets. Science Fiction Features (Allied Artists Tv) : Sold to WPRO-TV Providence, R. I.; WTEN (TV) Albany, N. Y.; KRIS-TV Corpus Christi, Tex.; WOKR (TV) Rochester, N. Y.; KTALTV Shreveport, La., and WTCN-TV Minneapolis. Now in 66 markets. Frontier Circus (MCA Tv) : Sold to WSPA-TV Spartanburg, S. C; WOODTV Grand Rapids, Mich.; WLKY (TV) Louisville, Ky., and WSJV-TV South Bend, Ind. Now in 24 markets. Program notes... New TAC affiliate ■ KATV (TV) Little Rock has become a subscriber member of Television Affiliates Corp. (TAC), New York. Dividend ■ The board of directors of Paramount Pictures has voted a quarterly dividend of 50 cents per share on common stock payable Dec. 14, 1962, to stockholders of record Nov. 29, 1962. Office move ■ H&S Productions recently announced the opening of new offices at 13273 Ventura Blvd., Studio City, Calif. It undertook the shift in conjunction with a new expansion plan. Stations buy music service ■ Programmatic service, produced by Muzak and distributed by Telesynd, has been bought by 75 stations to date. The service enables radio stations to broadcast several hours of music and other features automatically. 70 (PROGRAMMING) BROADCASTING, October 22, 1962