Broadcasting Telecasting (Oct-Dec 1963)

York meeting of the steering committee Dec. 13. He said the two-day conference will cost $75 a person. The fee covers room, food and transportation to and from Arden House, the former Harriman estate now being operated as a conference center by Columbia University. The conference is planned as a national forum on broadcast editorializing. The first such session, last July, was co-sponsored by the Georgia Association of Broadcasters and the University of Georgia's Grady School of Journalism. Mr. Renick reported that Roger Turner, wmca New York, had been named program chairman for 1964 session and that five members have been added to steering committee: Robert Lambe, wtar-am-tv Norfolk, Va.; William RCA HITS NEW PROFIT HIGH IN 1963 Color TV, NBC, data processing provide 'impetus to growth' RCA sales and profits in 1963 reached new heights topping all previous annual statements in the company's 44-year history encompassing last year's record showing. The impressive gains were made despite a 10% decline in defense contracts. In a yearend statement, Brigadier General David Sarnoff, board chairman, said sales for 1963 would be approximately $1.78 billion, a 2% increase over 1962. Profits after taxes climbed 25% from $51,535,000 last year to an estimated $65 million. The yearend statement is subject to final audit. Definite figures for the 1963 fiscal period will be available Feb. 27, 1964. Earnings per common share are projected at $3.55-3.60 which compares with $2.84 in 1962. Chairman Sarnoff said the final three months of 1963 would be the best in Monroe, NBC News; Ed Ryan, wtopam-fm-tv Washington and current RTNDA president; Harold Niven, NAB, and William Wood, Columbia School of Journalism. Other members are Messrs. Renick and Turner, and John Corporon, wdsuam-tv New Orleans; Dale Clark, wagatv Atlanta; Richard Cheverton, woodam-tv Grand Rapids, Mich.; Byron Cowan, wsac Fort Knox, Ky., and Richard Mendenhall, who is ex-officio member as chairman of last year's conference. Goldwater to 'Meet the Press' NBC announced last week that Senator Barry Goldwater (R-Ariz.) will appear on the Jan. 5 Meet the Press (NBC-TV, 6-6:30 p.m. EST and NBC .FINANCIAL REPORTS point of profits in RCA's history and will mark the 11th consecutive quarter of profit gain over the like periods of preceding years. Fourth-quarter business based on the difference between RCA's full-year projection and the company's nine-month statement shows profits of $21 million after taxes on sales of $466 million. RCA shareholders will vote Jan. 29 on a proposed three-for-one stock split (At Deadline, Dec. 9). Color TV, NBC ■ Mr. Sarnoff selected color TV sales, NBC earnings, and revenues from electronic data processing operations as those areas which had provided "decisive impetus to growth" through the year. "Profits from the sale of color apparatus and related color services," he said, "increased by 70% over the previous year . . . and accounted for a major share of the record earnings from the Radio, 6:30-7 p.m. EST). Lawrence E. Spivak, producer of Meet the Press, said two other Republicans, Governor William Scranton of Pennsylvania and Governor George Romney of Michigan, have also agreed to appear on the show early in 1964. Mr. Spivak said other Republicans who have been mentioned as top choices for the presidential nomination have agreed to appear on the program later in 1964. Live LBJ coverage President Johnson's first State of the Union Address to Congress Jan. 8 will be carried live on all radio and TV networks. The speech before a joint session of the House and Senate will be broadcast by ABC, CBS, MBS and NBC. Brigadier General Sarnoff sale of all RCA consumer products." NBC's contributions to the profit picture were described as "substantially greater" than in 1962, the broadcasting company's former record year. NBCTV and its owned stations each had record-breaking profits, and NBC Radio logged its highest profits since 1950. He said RCA is "holding firmly" to its projected profitability in 1963's fourth quarter for its electronic data processing activities. Mr. Sarnoff noted NBC-TV's color programing leadership, citing over 2.200 hours colorcast by the network in 1963. NBC-TVs nighttime schedule for the year was 70% color. He stated that in 1964 "the most vigorous single growth product in the nation's consumer market will be color television." He estimated total color set sales for 1964 between 1.2 million and 1.5 million. With consumer demand for ore titan a decade of donitructlve Service to f^roadcaiters and the (Sroadca&tina J^nduitry HOWARD E. STARK Brokers — Consultants 50 EAST 58TH STREET NEW YORK. N. Y. ELDORADO 5-0405 46 BROADCASTING, December 30, 1963