INDUSTRY: The Color Gamble

Out from Washington last week flashed the news that the TV industry has been waiting to hear. After several years of hearings, the Federal Communications Commission finally gave the go-ahead to the industry's new compatible color-TV system (TIME, Oct. 26). Within minutes of the FCC decision, the big networks were on the air with color programs; both NBC and CBS announced plans to start beaming regular programs soon. Among the first: Amahl & the Night Visitors on Christmas Day, the Rose Bowl Parade on Jan. 1.

The set manufacturers were less enthusiastic. Though...

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