Heinl radio business letter (July-Dec 1940)

8/2/40 MULLEN TO BE GENERAL MANAGER OF NBC Frank E. Mullen, who since 1939 has been Vice-President of the Radio Corporation of America in Charge of Advertising and Publicity, will be appointed to a newly-created position of NBC Vice-President and General Manager at a meeting of the Directors of the National Broadcasting Company in New York on Friday. The appointment is being made upon the recommendation of Niles Trammel, NBC President. A friend and business associate of Mr. Trammel for a dozen years, Mr. Mullen will report directly to the NBC President. Both executives began their careers with NBC in Chicago, where Mr. Mullen was NBC Director of Agriculture in 1926-34. Frank M. Russell, NBC Vice-President in Washington, is expected to have additional responsibilities under the new manage¬ ment set-up. He is an intimate friend, as well as a business associate, of Mr. Mullen as their friendship dates back to the days when they were classmates at Iowa State College. XXXXXXXXX RADIO STATION INCOME SHOWS INCREASE FOR 1939 The total revenue of 705 standard broadcast stations reporting to the Federal Communications Commission for the calen¬ dar year 1939 amounted to $89,990,646, as compared with $79,128,760 for the 660 stations reporting in 1938. This is revealed in fig¬ ures on broadcast income of stations by class and network revealed this week by the Accounting, Statistical, and Tariff Department of the Commission. The tabulation shows that there were 397 stations in major networks compared with 350 in 1938. The 397 stations receiv¬ ed $22,500,941 from the three major networks, compared with 119,645,447 for the 350 stations in 1938. There were 519 stations in 1939 each of which had total net time sales in excess of $25,000 compared with 485 for 1938. The 519 stations had net time sales of $80,306,134 for 1939, compared with $71,082,465 for the 485 stations in 1938. XXXXXXXXX 8 i