Abstracts » Business, general

HDTV runoff gets personal in Canada

Article Abstract:

The Advanced Television Evaluation Laboratory in Kanata, Ontario, is the site of non-expert viewer research being determined to evaluate the qualities of several technologies competing to be adopted as the high-definition television (HDTV) standard for the US and Canada. While the advanced-television advisory committee of the US Federal Communications Commission (FCC) is charged with evaluating, proposing and adopting an HDTV standard, most of the viewer research is conducted in Canada because government funding there pays approximately 60 percent of the research cost. Additionally, the FCC believes that if a significant amount of the research is conducted in Canada, then the Canadian government is more likely to support the standard. Once proposed by the FCC in 1993, the winning technology will undergo a year of field testing before being officially adopted in both countries.

Standards, United States, Canada, Standard, Standardization, Television equipment industry, High definition television, Competition, High-Definition Television

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Nycor intends to try to oust Zenith's chief

Article Abstract:

Nycor Corp indicates that it will attempt to oust Zenith Electronics Corp's Pres, Chmn and CEO Jerry K. Pearlman in a proxy contest. Nycor, which controls 8.2 percent of Zenith's shares, believes that Pearlman does not have a viable business plan that will serve the interests of its investors. Zenith stock prices have been sliding from 1988 to 1990 and the company has experienced continuing losses between 1985 and 1990. Nycor says its management has a better understanding of manufacturing and distribution in the competitive US consumer electronics industry and does not rule out making an offer for Zenith; the company's assets consist of cash and Zenith shares. Zenith stock closes at $6.875 a share on Jan 10, 1991.

ELECTRONIC & OTHER ELECTRIC EQUIPMENT, Management, Officials and employees, Investments, Electronics industry, Business planning, Chief executive officers, Zenith Electronics Corp., ZE, Electronic Industry, Pearlman, Jerry K., Nycor Inc., NYCO

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