Radio. Close after Congress' passage of the White-Dill Radio Bill which will stabilize broadcasting (TIME, Feb. 21) came, last week, an agreement between Radio Corp. of America (largest in its field) and Zenith Radio Corp. (one of the largest independents). Zenith admitted that R. C. A., with Westinghouse and General Electric, owned practically all basic patents in radio and agreed to pay royalties, under a licensing system, for R. C. A. devices.
Ownership. General Motors President Sloan reported to stock-holders last week: ". . . .There is a point beyond which the diffusion of...
To continue reading:
or
Log-In
