| Carmine |
01-28-2008 08:14 PM |
Short news-blurb from 1961...
Found this on the Time magazine site while searching something unrelated, enjoy:
Quote:
THE belated success of color television delights Joseph Sutherland Wright, 52, who steered Chicago's Zenith Radio Corp. into the field in 1961, five years after RCA paved the way. Boasting that Zenith's sets cost more but are worth it, President Wright expects his color TV sales to double to 180,000 sets this year. RCA will market about 500,000 color sets in 1963, but Wright has broken its monopoly in color TV tubes by building a plant to supply half of Zenith's tubes. Joe Wright has an unlikely background for an executive. Son of a Montana dentist, he worked through law school as an aide to Montana Senator Burton K. Wheeler in the 1930s, later became an antitrust lawyer for the Federal Trade Commission, where he tangled with many businessmen—including U.S. Steel Counsel Roger Blough, who lost to Wright in a steel-pricing case. Changing sides in 1952, Wright was hired as Zenith's counsel with the job of cracking RCA's control over some TV patents. He won the case, has been in a rivalry with RCA ever since.
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