SHOW BUSINESS: Enter Telemeter

Paramount Pictures Corp., which has invested more in television than any other moviemaker, last week invested another estimated $250,000. It bought a half interest in International Telemeter Corp., which thinks it has a method to make televiewers pay for current movies or any other special program.

A Telemeter is a small (8 in. by 4 in.) box which can be attached to a TV set. When a coin is deposited in the Telemeter, according to the company's officials, it unscrambles a TV signal allowing the customer to see a special program which would otherwise be merely a blur on...

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