Business & Finance: Back to Melody

Radio Corp. of America owns or has virtual controlling interest in RCA Communications, Inc. and Radiomarine Corp. (communications), RCA Photophone Co. (sound-film recording and receiving equipment), Radio-Victor Corp. (radio sets and talking machines), Radio-Keith Orpheum Corp. (vaudeville circuits and theatres), RKO Productions, Inc. (cinema production), National Broadcasting Co. (broadcasting). Recently it acquired an option on the patents for the Theremin "ether wave" musical instrument, which is played by moving the hands in the air above it. Entertainment, therefore, and particularly musical entertainment, is Radio Corp.'s forte. Last week it went further into...

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