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3/6/34
The following stations have joined the KFI news service network, Carl Haverlin, commercial manager said, KNX, KGFJ and KECA, Los Angeles, KJBS, San Francisco, KDYL, Salt Lake City,
KFEL and KFKX, Denver, KSTP, St. Paul. It is reported this group have secured a foreign news service and that it has the use of the Dow-Jones V/ all Street Ticker Service.
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STOKER TO BECOME WMCA PRESIDENT?
George Storer, whose aim it is reported is to have a third national chain in operation by October 1, took a step nearer to that objective when he became a substantial stockholder and operating president of the Federal Broadcasting Corp. , which has WMCA under a three to five year lease, Variety reports.
"Confirmation of Storer1 s status for the minutes will take place Wednesday (tomorrow) at a meeting of the FBC director¬ ate with former Governor Alfred E. Smith, Chairman, presiding", the theatrical paper continues.
"With Storer' s entry Jack Adams, who brought the Whitney-Ryan group into Federal, resigns his post as president of the holding corporation and takes the title of Vice-President, Adams' new contract is based on three month periods. He leaves this week on a vacation.
"Storer’ s conduct of the station as well as the outlet's policies will, however, be subject to agreement with Donald Flamm, owner of WMCA, and licensee of its wavelength, and Allen Ryan, Jr, , as head of the group of Wall Street scions that took over the station’s operation last Fall. No changes in personnel are con¬ templated for the immediate future.
"In addition to his buy-in into the Federal Broadcast¬ ing Corp. , Storer1 s broadcasting interests consists of his owner¬ ship of CKLW, Detroit-Windsor; WSPD, Toledo, and WWVA, Wheeling,
W. Va."
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