Weekly television digest (Jan-Dec 1962)
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NEW SERIES VOL. 2, No. 10
9
TOPICS & TRENDS
Invasion of audio tape market was launched last week by Eastman Kodak, which will sell tape through the 12,000 outlets which handle its film. Reasons for Eastman's entry into $50-million-a-year consumer tape field, as cited by Pres. William S. Vaughn: (1) Kodak has facilities to mass-manufacture precision raw materials like tape. (2) Some 60% of all recording tape is bought at photo shops.
Kodak Sound Recording Tape won't be sold through hi-fi dealers or parts jobbers — at least not at outset. However, same firm's Eastman brand tape is sold direct to professional consumers — recording companies, film producers, broadcasters. Kodak officials say they have no plans to enter video or instrumentation tape fields.
Mercury Records enters phono field with portable stereo unit at $139.50 and battery-operated singleplay transistor phono at $59.95, both manufactured in Netherlands by Philips. Initial distribution is in 20 markets. Mercury phono sales mgr. is Irving Russell, onetime Webcor national sales mgr. and more recently Bell & Howell tape recorder sales mgr.
Distributor-to-dealer sales of TV sets for Jan. 1962 were about 13% higher than Jan. 1961, or about 457,000, up from 404,000, according to preliminary estimates. Radio sales by distributors totaled some 567,000 sets vs. 472,000 a year ago, increase of 20%.
Trade Personals
Walter V. Tyminski, ex-Lockheed Missiles & Space Co., elected pres. & a dir. of Belock Instrument, succeeding Harry D. Belock, resigned.
Lloyd A. Hatch named Minnesota Mining & Mfg. long range planning vp, a new post; Roy W. Keeley advanced from divisional sales vp to European area vp, International Div. . . . Harold J. Seigle & Robert G. Nau elected Arvin Industries vps.
J. Stanford Smith, GE mktg. & PR services vp, elected to board of GE Credit Corp. . . . H. S. Morris named mktg. vp, C. R. Rininsland finance vp, of Ling-Temco-Vought subsidiary Altec Lansing Corp., Anaheim, Cal.
Roy A. Olerud, ex-ITT Distributor Products Div., elected pres, of Custom Components, Caldwell, N.J., succeeding founder Harold I. Danziger who continues as chief exec, officer . . . Thomas C. Pridmore, ex-Westinghouse and Bradley Semiconductors, named semiconductor products gen. mgr., ITT Components Div., Clifton, N.J., a new post; Edward C. Keough, ex-Bradley Semiconductors, appointed selenium products mgr., Roanoke, Va. plant.
Michael R. Cardone named mfg. superintendent, Thomas M. Kandl chief industrial engineer, Sylvania Home & Commercial Electronics Div . . . Jack E. Richard named to new' post of assistant to Sampson Co. Pres. Robert Sampson, succeeded as Electronics Div. merchandising mgr. by Robert Donner . . . Samuel Bryan, formerly with U.S. Industries, appointed mfg. dir., Ravenswood Corp., succeeding Fred Moore, resigned.
Robert M. Jackson appointed Sylvania Semiconductor Div. (Woburn, Mass.) ad & sales promotion mgr., succeeding John Spitzer, resigned . . . Charles W. Hosterman named planning mgr., Sylvania Electronic Systems’ eastern operation, Waltham, Mass.
Edward L. Klein, former vp of Daystrom’s Western Instrument Div., named exec, vp of Consolidated Electronic Industries’ Mepco Inc. affiliate . . . Emanuel Weintraub elected pres, of Victoreen Instrument subsidiary John E. Fast Co.
George W. Keown, Tung-Sol mktg. vp., elected to board . . . Tadelusz J. Siek named mkt. planning & analysis mgr., Sylvania Electronic System’s eastern operation, Waltham, Mass.
William G. Chorn & William D. Heer promoted to vps of Television Shares Management Corp.; Heer also becomes investment committee chmn.
Obituary
James E. Archambault, 58, Webcor pres, since Oct. 1960, died of a heart attack in Fort Lauderdale, Fla. Feb. 26. He became Webcor’s president when the Chicago phono-radio-tape recorder manufacturer acquired Dormeyer Corp., of which he had been president for 17 years. He is survived by his widow, a son, 2 daughters.
GT&E is consolidating 2 of its domestic sales subsidiaries to integrate the marketing of communications equipment. Effective April 1, Leich Sales Corp. w-ill be merged into Automatic Electric Sales Corp. The combined organization will retain the latter’s name & Northlake, 111. hq. Leich Pres. DeWitt C. Gibson Jr. will be president of the combined sales organization. Automatic’s Pres. Darwin H. Deaver will be exec. vp.
ITT & Tokio-based Nippon Electric have signed a 5-year manufacturing & sales agreement under which ITT’s Kellogg Div., Chicago, will make & sell Nippon Electric’s microwave & telecommunications equipment in U.S. & Canada. ITT Kellogg’s exclusive distributorship includes such NEC products as tropospheric scatter equipment, multiplex transmission systems.
McMartin Industries Inc. is new name of Continental Mfg. Inc., Omaha (1612 California St.) manufacturer of FM broadcast monitors, multiplex receivers and transistorized audio-public address amplifiers. Headed by Ray B. McMartin, firm supplies all Muzak amplifiers.
Conrac is div. of Giannini Controls Corp. — not Giannini Scientific Corp. as reported (Vol. 2:1 p9). There’s no connection between the Giannini firms.