Weekly television digest (Jan-Dec 1963)

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NEW SERIES VOL. 3, No. 41 TELEVISION DIGEST-11 Negotiations by Sarkes Tarzian Inc. with Nippon Elec ' trie Co. , on technical assistance agreement, have been discontinued, according to Tarzian. Commenting on report in Japan's "Daily Electronic News" that pact had been signed, Tarzian stated that he had discussed purchasing tubes from NEC and licensing the Japanese firm to produce Tarzian-designed tuners. Tarzian said his company is ready to fill all industry orders for uhf tuners "if they give us a 6-week lead time. " Sylvanla will Increase its $1 -million fall ad budget by 25%, with double-page color spreads in national magazines in late Nov. & Dec. Sylvania Home & Commercial Electronics Corp. Merchandising vp John T. Morgan said 1963 factory unit stereo sales were 30% ahead of 1962 and TV sales were 16% ahead, for year's first 7 ■ months. Sylvania last week introduced new low-end HaloVision console at $229. 95. Story o£ uhf, in color slides & audio tape, may be borrowed up to 30 days from FCC Office of Chief Engineer. Designed primarily for use by TV set makers & technicians, presentation gives history of TV development, tips on antenna installation. FCC encourages copying of material. Golden Shield Corp., which provides private label consumer electronics merchandise, primarily for jewelry stores, has introduced 16-in. TV at $139.95, 19-in. at $199. 95, 23-in. console at $279. 95, tape recorders at $99. 95 & $149. 95, stereo console with AM-FM at $199. 95, table radio at $19. 95, clock radio at $24. 95, transistor radios at $9. 95, $19. 95 & $39. 95. • Fourth U. S. entry In tlnyvlsion race may be Setchell Carlson. The St. Paul maniifacturer is imderstood to be planning 11-in. U.S.-made set. Others are GE, Admiral, Curtis Mathes. Other American brands, including Westinghouse & Sears, are researching prospects of mass imports of Japanese-made 12-in. sets. Music Industry Trade Show will be held next year in Chicago's Conrad Hilton Hotel June 28July 2. Both 1965 & 1966 shows will also be held in Chicago, probably at Hilton, bypassing N. Y. as site for 1965. In past, shows have been held for 2 years in Chicago, 3rd year in N. Y. Radio Fall Meeting, annual technical event, wiU be held this year Nov. 11-13 at Manger Hotel, Rochester, N. Y. Principal speakers will be EIA Pres. Charles F. Horne & Rear Adm. B. F. Roeder. With this year's meeting, EIA ends sponsorship of RFM, which will be assumed by IEEE's Rochester section. Westlnghouse propoaalfor new 3-year contract (Vol. ' 3:39 plO) has been rejected by lUE's National Westingi house Conference Board which advised its locals to J "take whatever action may be necessary to secure an i adequate and satisfactory agreement." Sampson Co. has formed an Electronics Products ' Div., with Sampson vp Paul Davidson as pres., to expand business in components & end products, as well as in ■ existing lines. Davidson said new division should add ! $10 million to sales. ■I Sale of assets of Ravenswood Corp. for non-payment ■ of taxes was canceled last week when Internal Revenue " Service relinquished sales privileges to J. V. Morgan Jr. , Washington, D. C. attorney, trustee in bankruptcy. RCA'S RECORD G MONTHS: Despite 9% decline in govt, billings, everything came up roses for RCA in 1963' s first 9 months as advancing commercial & industrial business pushed sales & profits to peak levels (see financial table). Profits boomed 299o to record $44. 2 million on 4% sales gain to a $1. 314 billion high. Third-quarter earnings were up 44% to record S14. 8 million on sales gain to peak $436. 7 million from $411. 6 million a year earlier. July-Sept. earnings gain marked RCA's 10th consecutive period of profit improvement over comparable yearearlier quarter, Chmn. David Sarnoff & Pres. Elmer W. Engstrom emphasized, adding: "Wt anticipate that 1963 will be the best year in RCA's histoiy for both sales and profits. Given a continuance of the present performance of the national economy, we foresee £ further rise in both our earnings and our profits-to-sales ratio in the years ahead." Contributing to recordmaking perlormance, they said, were: 70% profit gain by NBC; 6% increase in distributor sales of color sets; 35% jumj in bookings of electronic data processing units; increa^ng sales of TV sets & picture tubes. "We expect that our dollar volume frop color TV set sales will surpass the total sales of allbther RCA home instruments in 1964," Sarnoff & Engstom said. "We anticipate that color in all its aspects ’^U become a billion dollar industry in 1964." ' ■ \ Stockholder has filed suit to block sale 4 Adler Electronics to Litton Industries (Vol. 3:37 pl2) origrounds that all necessary facts about proposed sale \^ren't given to stockholders. Temporary injunction is sought in N. Y. County Supreme Court. Adler Pres. BenjamipAdler noted that management controls some 70% of oitstanding stock— more than enough to approve sale— and t\at proxies from other stockholders are running 4-to-l in fivor of sale. Litton plans to issue $9. 7 million in comiion stock for Adler shares. Adler principals will receive ;ome $11 a share for their stock, other holders $15. layment is in 2 parts. First payment of $8. 4 million would be based on average closing price of Litton stock in the 10 days to Oct. 8. Second payment, $1.3 million instock, would be based on Litton’ s average closing price in last 10 days of Dec. 1964. New firms: Delcor Industries has been established in Flushing, N. Y., at 136 38th Ave., to design, produce & distribute home entertainment products. It's headed by David Libsohn, ex-Telectro, will debut with 2 tape recorder models. . . M & M Associates has been formed in N. Y., 480 Lexington Ave., to serve as manufacturers rep for home entertainment products & appliances. Principals: Max Zagoren, former Westinghouse Appliance sales mgr. for TV, stereo, air conditioners; Milton Geller, ex-Philco TV sales mgr. Thompson Ramo Wooldridge is now advertising "TRW" as "our new corporate trademark," emphasizes that "from now on we'd like to be known simply as 'TRW' and we hope this shortened version of our name will become a familiar sight to all of you who do business with us." Nippon Electric has moved to vacate service of antitrust complaint filed against it by Symphonic (Vol. 3:29 p7). Arguments will be heard in N. Y. federal court Oct. 15. 11