WEBVTT - RCA and its 100th Year

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<v Speaker 1>Get in touch with technology with tech Stuff from how

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<v Speaker 1>stuff Works dot com. Hey there, and welcome to tech Stuff.

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<v Speaker 1>I'm your host, Jonathan Strickland. I'm an executive producer with

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<v Speaker 1>How Stuff Works, and I heart radio and I love

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<v Speaker 1>all things tech. And today I'm going to finally wrap

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<v Speaker 1>up the discussion of our ci A, the four episode

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<v Speaker 1>arc about our c A, and it'll all finish up

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<v Speaker 1>in this episode. But that's going to mean I'll be

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<v Speaker 1>packing a whole lot into one episode. I'm not gonna

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<v Speaker 1>go long. I'm just gonna have a light touch because

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<v Speaker 1>we have to cover about fifty years of history in

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<v Speaker 1>this episode, so I won't be going into so much

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<v Speaker 1>technical detail for a lot of the stuff I'm talking about,

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<v Speaker 1>besides which I've covered a lot of it already. However,

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<v Speaker 1>I do need to start off with a description of

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<v Speaker 1>how electron microscopes work, because I think I've mentioned it

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<v Speaker 1>in at least two of the previous episodes and I

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<v Speaker 1>haven't actually talked about it yet. So rather than put

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<v Speaker 1>it off again, let's talk about electron microscopes. Why do

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<v Speaker 1>you need them? What do they do well? When you

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<v Speaker 1>start getting small and we start working with small stuff,

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<v Speaker 1>and I mean really really small stuff. You get to

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<v Speaker 1>a point where you can no longer rely upon optical

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<v Speaker 1>microscopes anymore, and that's because of a couple of big problems.

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<v Speaker 1>One of them is that a microscope's ability to magnify

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<v Speaker 1>is limited by two major factors. One of those would

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<v Speaker 1>be the quality of the lenses. Eventually you reach a

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<v Speaker 1>point where you just can't make lenses of a high

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<v Speaker 1>enough quality to get better magnification. But you also run

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<v Speaker 1>into the physical limitation of light itself, visible light, because

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<v Speaker 1>it's dependent upon the wavelength of that visible light. The

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<v Speaker 1>theoretical limit of resolution for a light based microscope, not

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<v Speaker 1>the practical, but the theoretical limit is somewhere around two

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<v Speaker 1>D two hundred fifty nanometers, because beyond that you it

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<v Speaker 1>beyond the wavelength of natural light, and it literally cannot

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<v Speaker 1>image things smaller than that. The wavelengths are bigger than

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<v Speaker 1>the thing it's trying to you're trying to look at. However,

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<v Speaker 1>two that's that's really small, I mean that is the

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<v Speaker 1>nano scale. That is tiny. But if you do need

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<v Speaker 1>to look at stuff that's smaller than that, because there

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<v Speaker 1>are things even smaller than that level, you've got to

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<v Speaker 1>figure out some other way of doing it, because light

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<v Speaker 1>waves can't do it, they're too big, so you've got

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<v Speaker 1>to figure some other method out. Now, electrons have very

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<v Speaker 1>very short wavelengths, shorter than light. So if you had

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<v Speaker 1>a way to beam electrons at a sample, you know,

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<v Speaker 1>whatever is you're trying to look at, and then you

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<v Speaker 1>had some means of detecting all of the different signals

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<v Speaker 1>that would be produced as the electrons from the beam

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<v Speaker 1>would interact with the sample, you could use the information

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<v Speaker 1>to construct images of the sample at that scale. So

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<v Speaker 1>electrons you would use would be high energy beam electrons,

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<v Speaker 1>and when they collide with a sample, the interactions would

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<v Speaker 1>produce all sorts of stuff like secondary electrons, back scattered electrons,

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<v Speaker 1>X rays, that kind of thing. You would have specific

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<v Speaker 1>detectors to pick up these different signals and register them

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<v Speaker 1>for processing to create the final image. And these microscopes

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<v Speaker 1>have a much greater resolution than optical microscopes. But even

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<v Speaker 1>these have their limitations. A scanning electron microscope has a

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<v Speaker 1>limit of around one nanometer or so you're not gonna

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<v Speaker 1>get much smaller than a single nanometer. Now that is

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<v Speaker 1>still incredibly small, but it's still too big to look

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<v Speaker 1>at individual atoms. The atomic scale is smaller than the nanoscale,

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<v Speaker 1>so if you wanted to get a look at atoms,

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<v Speaker 1>you would have to use something else, like a scanning

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<v Speaker 1>tunneling microscope. But those wouldn't come around until the nineteen eighties,

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<v Speaker 1>all right, So that's how electron microscopes work. Uh, are

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<v Speaker 1>scanning electron mic scopes work? And our Cia had been

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<v Speaker 1>in that business of making those, along with the consumer

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<v Speaker 1>electronics they were making any other industries they were involved in. Now,

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<v Speaker 1>let's get back to our CIA's history. In the last episode,

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<v Speaker 1>we left off right around the early to mid fifties,

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<v Speaker 1>and so we've got to cover all the time from

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<v Speaker 1>that point to present day in this episode. Fortunately, they

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<v Speaker 1>are a large spans of time that we can kind

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<v Speaker 1>of leap over. Now. One thing the company was gearing

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<v Speaker 1>up to do was to introduce solid state electronics into

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<v Speaker 1>its line of products. Bell Labs had developed the transistor

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<v Speaker 1>in the nineteen forties. Although it was pretty primitive, it

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<v Speaker 1>wasn't ready to be incorporated into consumer electronics yet. They

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<v Speaker 1>would take several years for that, so our c A

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<v Speaker 1>got a relative late start in the field of transistors

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<v Speaker 1>and solid state electronics and semiconductors because they had focused

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<v Speaker 1>more on using vacuum tubes. In fact, in nineteen fifty

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<v Speaker 1>our CIA was the largest manufacturer of vacuum tubes in

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<v Speaker 1>the world at that point. R c A even built

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<v Speaker 1>an experimental television with transistors as early as nineteen fifty two,

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<v Speaker 1>but this was again an experiment, not meant as a

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<v Speaker 1>consumer product. In nineteen fifty three, an engineer named Cohen

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<v Speaker 1>built a wrist radio that quickly got the nickname the

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<v Speaker 1>Dick Tracy wrist Radio, after the comic strip character Dick Tracy,

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<v Speaker 1>who has an iconic wrist radio device that allows him

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<v Speaker 1>to speak with his supervisor. Now, our c A did

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<v Speaker 1>not build this device, Cohen wasn't working for our CIA. However,

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<v Speaker 1>Cohen did use some of our Cier's transistors to help

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<v Speaker 1>power and operate this device, So our CIA actually got

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<v Speaker 1>a nice boost in publicity because everyone was really excited

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<v Speaker 1>about this wrist radio. It seemed like the thing of

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<v Speaker 1>the future, the gadget of the future. In the late

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<v Speaker 1>nineteen fifties, r CIA began to design and manufacture components

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<v Speaker 1>for satellites, so at this point it's all state is

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<v Speaker 1>ready to go and they're now looking at creating satellite technology. Specifically,

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<v Speaker 1>they were looking at radio communications technology in satellites. R

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<v Speaker 1>c A started doing some preliminary research and development in

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<v Speaker 1>nineteen fifty seven, and they created a dedicated division for

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<v Speaker 1>that purpose, and eventually they called it the r c

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<v Speaker 1>A Astro Electronics Division. They actually got the official name

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<v Speaker 1>in March nineteen fifty eight. Now, in turn, this particular

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<v Speaker 1>division was under a larger department called the r c

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<v Speaker 1>A Defense Electronic Products, because our c A was still

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<v Speaker 1>very much in the business of designing components for defense

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<v Speaker 1>systems for the military. They had been doing that since

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<v Speaker 1>World War Two. The company's first satellite to launch successfully

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<v Speaker 1>was called the Signal Communications by Orbiting Relay Equipment or

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<v Speaker 1>SCORE as the acronym for that, and that entered into

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<v Speaker 1>service on December eighteenth, nineteen fifty eight. Our c A

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<v Speaker 1>was kind of exploring the possibility of establishing a network

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<v Speaker 1>of satellites for the purposes of global communications, and that

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<v Speaker 1>would really begin in earnest in nineteen sixty two with

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<v Speaker 1>another communication satellite called Relay. Relay would relay communication signals

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<v Speaker 1>between North America and Europe and between North America and

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<v Speaker 1>South America so quickly. It was theorized that with an

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<v Speaker 1>appropriate number of satellites in orbit, you could have global

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<v Speaker 1>communications and just use the satellites to relay signals until

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<v Speaker 1>they got to wherever you needed them to go. The

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<v Speaker 1>Relay Communication satellite also worked in conjunction with another satellite

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<v Speaker 1>called the Sincom three, and the two satellites together were

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<v Speaker 1>able to provide live television coverage of the nineteen sixty

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<v Speaker 1>four Olympics, which were going on in Japan over to

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<v Speaker 1>North America. So that was an amazing development being able

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<v Speaker 1>to watch stuff live with only a slight delay really

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<v Speaker 1>as they were going on on the other side of

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<v Speaker 1>the world. Our c A would partner with NASA to

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<v Speaker 1>develop weather satellites and a ground based observation station, so

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<v Speaker 1>they were really becoming an instrumental company in the space

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<v Speaker 1>race as well. Around the same time, our ci A

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<v Speaker 1>contributed some of the equipment that would make up the

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<v Speaker 1>United States Ballistic Missile Early Warning System or b MUSE

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<v Speaker 1>b m e w S. It was a system of

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<v Speaker 1>radar facilities and communications channels meant to detect and alert

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<v Speaker 1>the United States to any sort of missile launch originating,

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<v Speaker 1>particularly in the Soviet Union because this was taking place

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<v Speaker 1>during the Cold War between the USSR and United States,

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<v Speaker 1>and it became particularly important in the wake of the

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<v Speaker 1>Soviet Union's launch a Spootnik, which wasn't just a satellite,

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<v Speaker 1>but also a demonstration that the Soviet Union was capable

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<v Speaker 1>of launching a missile that had a long enough range

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<v Speaker 1>to potentially strike the United States eights. So if the

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<v Speaker 1>Soviet Union were to say, attached a payload of a

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<v Speaker 1>nuclear warhead to such a missile, they could, in theory

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<v Speaker 1>have a nuclear strike against the US. So the United

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<v Speaker 1>States wanted to have a system in place in order

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<v Speaker 1>to detect any potential missile launches from the U s SR.

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<v Speaker 1>R c A would produce a radar set and a

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<v Speaker 1>communications data processor for this system. It also relied the

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<v Speaker 1>system that is relied on equipment from many other companies,

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<v Speaker 1>not just our CI A. Companies like General Electric, Western Electric,

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<v Speaker 1>and Sylvania also contributed components to this So while our

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<v Speaker 1>CIA was prominent in the minds of consumers looking for

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<v Speaker 1>television sets at home, the company was also working closely

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<v Speaker 1>with government and military organizations in the United States. In

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<v Speaker 1>the nineteen sixties, r c A dominated in the television

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<v Speaker 1>camera industry, the consumer television industry going out and buying

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<v Speaker 1>a television set that was really competitive, but our CIA

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<v Speaker 1>was pretty much the name in television cameras. For actual

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<v Speaker 1>TV studios, the t K forty four had become the

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<v Speaker 1>industry standard, and on the consumer front, color television sales

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<v Speaker 1>were starting to pick up in the early to mid sixties.

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<v Speaker 1>By nineteen sixty six, the overall color television market was

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<v Speaker 1>around three billion dollars a year. Now that's for all

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<v Speaker 1>color TVs, not just the ones that are c A

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<v Speaker 1>was making, So we're talking worldwide sales reaching three billion dollars. Hefty,

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<v Speaker 1>but not anything close to what the television consumer market

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<v Speaker 1>is today. Obviously now At the same time, the company

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<v Speaker 1>was participating in larger efforts to develop new technologies, and

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<v Speaker 1>one of those was the stereo eight format, also known

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<v Speaker 1>as the eight track tape. This was a form of

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<v Speaker 1>magnetic tape storage specifically for audio and music. It was

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<v Speaker 1>largely designed for in car audio systems, and honestly, it

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<v Speaker 1>probably merits its own episode of tech Stuff. I should

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<v Speaker 1>probably do a full episode of tech stuff about the

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<v Speaker 1>development of the eight track format, particularly since some of

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<v Speaker 1>the people involved are real characters. One of those would

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<v Speaker 1>have been the legendary Earl Madman Months, who was an

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<v Speaker 1>important and eccentric figure in consumer electronics in the forties

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<v Speaker 1>and fifties and and sixties as well. Anyway, prior to

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<v Speaker 1>the eight track, gold Mark that was the brilliant engineer

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<v Speaker 1>who had been a pain in the butt to our

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<v Speaker 1>CISA David Sarnoff back when they were trying to race

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<v Speaker 1>against CBS in developing color television and the thirty three

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<v Speaker 1>and a third RPM long playing record. Gold Mark was

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<v Speaker 1>the guy at CBS who developed both of those well.

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<v Speaker 1>He also developed a Hi Fi car system, a system

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<v Speaker 1>that would allow you to play recorded music in your vehicle,

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<v Speaker 1>not just rely upon the radio, something that is pretty

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<v Speaker 1>standard in vehicles today, but it was brand new back then. Now. However,

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<v Speaker 1>gold marks approach relied upon vinyl records. Yep, you would

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<v Speaker 1>have a turntable in your car instead of a cassette

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<v Speaker 1>player or CD player or digital radio these days. So

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<v Speaker 1>as you can imagine, this was not ideal because if

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<v Speaker 1>you went down a bumpy road, it would start sending

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<v Speaker 1>this needle skipping all over the record and so you

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<v Speaker 1>would get terrible, uh experience that way. You know, the

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<v Speaker 1>song would skip around, or you'd have this horrible scratching noise.

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<v Speaker 1>There were other ways of getting around it. You could

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<v Speaker 1>weigh the needle down a little bit. That would discourage skipping. However,

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<v Speaker 1>it would also cause more wear on the actual records,

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<v Speaker 1>so you wouldn't be able to play them as many times.

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<v Speaker 1>You would decrease the useful lifespan of the records. Months

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<v Speaker 1>decided that to fix this he would change the method

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<v Speaker 1>of storing music. He wanted to use magnetic storage on tape,

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<v Speaker 1>and he created a four track magnetic tape system, which

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<v Speaker 1>was later refined by a different crazy person in consumer technology,

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<v Speaker 1>William Bill Lear sometimes referred to as King Lear, which

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<v Speaker 1>I think is a cute nod to Shakespeare, and he

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<v Speaker 1>created the eight track system. Lear worked with numerous other

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<v Speaker 1>companies to finalize the standard, which really helped its adoption,

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<v Speaker 1>and one of those companies was our c A. One

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<v Speaker 1>of the interesting things about eight track tapes is that

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<v Speaker 1>some of the mechanics for playback are actually in the

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<v Speaker 1>cartridges themselves, not in the playback devices. So some of

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<v Speaker 1>the moving parts for an eight track player are not

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<v Speaker 1>even in the player, they're inside the cartridge. Each cartridge

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<v Speaker 1>has those parts. The eight track had about a decade

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<v Speaker 1>long run as an in car sound system component, but

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<v Speaker 1>it was eventually displaced by cartridges. They were actually cartridges

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<v Speaker 1>had come out a little bit before eight tracks, but

0:13:57.840 --> 0:14:00.320
<v Speaker 1>it took some time before they reached a quality level

0:14:00.800 --> 0:14:05.480
<v Speaker 1>where they were reliable and provided good enough sound quality

0:14:05.559 --> 0:14:08.520
<v Speaker 1>for them to compete against eight tracks. Eight tracks had

0:14:08.559 --> 0:14:11.959
<v Speaker 1>their own limitations. You couldn't fast forward and rewind an

0:14:11.960 --> 0:14:13.839
<v Speaker 1>eight track tape. You pretty much had to listen through

0:14:13.840 --> 0:14:17.360
<v Speaker 1>it and then turn it over and listen through it again. Uh.

0:14:17.400 --> 0:14:21.960
<v Speaker 1>And also because those were moving parts were inside the cartridges.

0:14:22.360 --> 0:14:26.720
<v Speaker 1>Whenever a company would make cheaper eight tracks in an

0:14:26.720 --> 0:14:30.200
<v Speaker 1>effort to try and build out a larger customer base,

0:14:30.200 --> 0:14:32.320
<v Speaker 1>because they were kind of expensive when they first came out,

0:14:33.320 --> 0:14:36.440
<v Speaker 1>they would skimp on materials. But that meant that some

0:14:36.480 --> 0:14:39.840
<v Speaker 1>of the moving parts that were you know, necessary for

0:14:39.880 --> 0:14:42.440
<v Speaker 1>this to work were made of cheaper materials and they

0:14:42.440 --> 0:14:48.040
<v Speaker 1>would break more readily, so the format eventually fizzled out. Also,

0:14:48.120 --> 0:14:51.600
<v Speaker 1>in nineteen sixty four, R c A engineers would come

0:14:51.640 --> 0:14:54.560
<v Speaker 1>up with an idea for a video playback device that

0:14:54.920 --> 0:14:58.040
<v Speaker 1>would work kind of like a record player, except for video,

0:14:58.120 --> 0:15:01.600
<v Speaker 1>not for sound. And instead of transmitting vibrations through a

0:15:01.720 --> 0:15:04.920
<v Speaker 1>stylus right, instead of having a groove with tiny vibrations

0:15:05.440 --> 0:15:10.000
<v Speaker 1>that create a through the vibrations of the stylus create

0:15:10.040 --> 0:15:13.880
<v Speaker 1>an electrical impulse that ends up being turned into uh

0:15:14.280 --> 0:15:18.560
<v Speaker 1>into sound through an amplifier. This was a stylist that

0:15:18.560 --> 0:15:23.160
<v Speaker 1>would measure differences and capacitance. Capacitance by the way, that

0:15:23.240 --> 0:15:26.680
<v Speaker 1>refers to a ratio. It's the ratio of the change

0:15:26.760 --> 0:15:30.160
<v Speaker 1>in an electric charge in the system compared to the

0:15:30.360 --> 0:15:34.160
<v Speaker 1>change in its electric potential. And to go into further

0:15:34.200 --> 0:15:36.240
<v Speaker 1>detail would require a lot of talking. It would make

0:15:36.240 --> 0:15:38.360
<v Speaker 1>this episode go way too long. But I will get

0:15:38.400 --> 0:15:42.840
<v Speaker 1>back to this particular device later in the show, because

0:15:42.960 --> 0:15:45.600
<v Speaker 1>the work began in the sixties, but it would take

0:15:45.720 --> 0:15:48.920
<v Speaker 1>almost twenty years before our c A could actually do

0:15:49.000 --> 0:15:53.040
<v Speaker 1>anything commercial with this technology, and as we'll see, by

0:15:53.080 --> 0:15:57.720
<v Speaker 1>that time it was a little too late. Now January one,

0:15:58.200 --> 0:16:04.080
<v Speaker 1>Robert Sarnoff, David Sarnov's son becomes the president of the company,

0:16:04.120 --> 0:16:07.200
<v Speaker 1>so his father steps back from being president although he

0:16:07.240 --> 0:16:10.400
<v Speaker 1>was still chairman of the board of directors, and his son,

0:16:10.560 --> 0:16:15.840
<v Speaker 1>Robert becomes president. He was already a seasoned executive. He

0:16:16.120 --> 0:16:20.040
<v Speaker 1>had been the president of NBC since nineteen fifty six,

0:16:20.560 --> 0:16:23.520
<v Speaker 1>and during that time he had overseen some pretty big

0:16:23.600 --> 0:16:26.960
<v Speaker 1>changes in television programming, one of those being that NBC

0:16:27.120 --> 0:16:30.640
<v Speaker 1>began to include black entertainers on shows, and at the

0:16:30.680 --> 0:16:35.680
<v Speaker 1>time integration was pretty progressive. Robert Sarnof would end up

0:16:36.360 --> 0:16:38.560
<v Speaker 1>taking over our c A and trying to grow it.

0:16:38.920 --> 0:16:41.040
<v Speaker 1>Five years after he became the president of the r

0:16:41.120 --> 0:16:43.920
<v Speaker 1>c A UH he would become the chairman of the board,

0:16:43.920 --> 0:16:46.720
<v Speaker 1>but his role as leader of the company, as we

0:16:46.760 --> 0:16:51.240
<v Speaker 1>will see, would not be permanent. In nineteen sixty five,

0:16:51.400 --> 0:16:55.000
<v Speaker 1>r c A began producing a special machine called the

0:16:55.120 --> 0:16:59.000
<v Speaker 1>Spectra seventy. This was a main frame style computer. So

0:16:59.040 --> 0:17:01.280
<v Speaker 1>this was our c trying to get into the mainframe

0:17:01.360 --> 0:17:06.359
<v Speaker 1>computer business, and this particular computer was semi compatible with

0:17:06.440 --> 0:17:10.159
<v Speaker 1>another mainframe computer, the IBM three sixty main frame. So

0:17:10.200 --> 0:17:13.400
<v Speaker 1>our c A was trying to go into competition against

0:17:13.440 --> 0:17:17.280
<v Speaker 1>IBM at the height of IBM s powers, which was

0:17:17.320 --> 0:17:20.719
<v Speaker 1>probably not the best idea. Now. I called it semi

0:17:20.800 --> 0:17:24.600
<v Speaker 1>compatible because the Spectra seventy could run some, but not all,

0:17:24.800 --> 0:17:27.840
<v Speaker 1>of the code that was written for the IBM three sixty.

0:17:27.960 --> 0:17:31.240
<v Speaker 1>The hardware of the Spectra seventy was compatible with the

0:17:31.280 --> 0:17:36.480
<v Speaker 1>IBM three sixty, but the operating systems, the firmware, and

0:17:36.880 --> 0:17:40.080
<v Speaker 1>the OS were a little different between the two, so

0:17:40.400 --> 0:17:45.119
<v Speaker 1>not every program was directly portable from IBM three sixty

0:17:45.160 --> 0:17:50.840
<v Speaker 1>to the Spectra seventy. So it pursued the strategy of

0:17:50.920 --> 0:17:53.240
<v Speaker 1>being in the main frame computer business for a few years.

0:17:53.560 --> 0:17:55.560
<v Speaker 1>But as we will see in just a moment, that

0:17:55.720 --> 0:17:58.200
<v Speaker 1>was not to last either. Now I've got a lot

0:17:58.240 --> 0:18:00.359
<v Speaker 1>more to say about what r c A has been

0:18:00.440 --> 0:18:04.360
<v Speaker 1>up to over the last sixty years or so, but

0:18:04.480 --> 0:18:06.480
<v Speaker 1>before I get into that, let's take a quick break

0:18:06.680 --> 0:18:16.760
<v Speaker 1>to thank our sponsor. Now we're about to enter an

0:18:16.800 --> 0:18:19.760
<v Speaker 1>odd era in our CIA's history, and it's one marked

0:18:19.760 --> 0:18:24.840
<v Speaker 1>with tons of acquisitions and mergers. Instead of being innovative

0:18:24.880 --> 0:18:27.520
<v Speaker 1>in the technology space, although our c A was continuing

0:18:27.560 --> 0:18:30.480
<v Speaker 1>to try and do that, it was growing by buying

0:18:30.560 --> 0:18:33.520
<v Speaker 1>up other companies. So in nineteen sixty five, r c

0:18:33.720 --> 0:18:38.040
<v Speaker 1>A purchases a book publisher, in fact, a very famous

0:18:38.040 --> 0:18:42.720
<v Speaker 1>book publisher, Random House. This was an early attempt for

0:18:42.800 --> 0:18:45.639
<v Speaker 1>our c A to try and diversify and and go

0:18:45.760 --> 0:18:50.280
<v Speaker 1>beyond electronics and technology. R c A would hold onto

0:18:50.359 --> 0:18:53.879
<v Speaker 1>Random House until nineteen eighty, at which point it would

0:18:53.880 --> 0:18:57.520
<v Speaker 1>sell Random House to another company called Advanced Publications for

0:18:57.640 --> 0:19:01.200
<v Speaker 1>seventy million dollars. In nineteen sixty seven, just two years

0:19:01.240 --> 0:19:05.320
<v Speaker 1>after buying Random House, the company would acquire another big company,

0:19:05.440 --> 0:19:09.920
<v Speaker 1>Hurts Rental Car. So you can already see that things

0:19:09.960 --> 0:19:12.320
<v Speaker 1>are a little strange here. Our c A buys a

0:19:12.359 --> 0:19:16.080
<v Speaker 1>book publisher than a rental car company, neither of which

0:19:16.119 --> 0:19:20.560
<v Speaker 1>seems to be remotely connected to its core businesses. Our

0:19:20.600 --> 0:19:23.199
<v Speaker 1>C A would allow Hurts to operate as essentially an

0:19:23.200 --> 0:19:27.680
<v Speaker 1>independent subsidiary. Hurts still had its own executive leadership and

0:19:27.800 --> 0:19:30.800
<v Speaker 1>had its own board of directors, and ultimately our c

0:19:31.000 --> 0:19:35.080
<v Speaker 1>would hold onto Hurts until five and then they sold

0:19:35.119 --> 0:19:39.840
<v Speaker 1>the company for five eighty seven point five million dollars,

0:19:40.480 --> 0:19:43.439
<v Speaker 1>a princely sum. However, this was not as much as

0:19:43.480 --> 0:19:45.680
<v Speaker 1>what r C A was hoping to get for Hurts.

0:19:46.040 --> 0:19:49.840
<v Speaker 1>In fact, r c had already tried to sell Hurts

0:19:49.880 --> 0:19:54.960
<v Speaker 1>two years earlier, in Night three, but they were soliciting

0:19:55.040 --> 0:19:56.840
<v Speaker 1>bids for the company, and they were hoping to get

0:19:56.840 --> 0:19:59.360
<v Speaker 1>a bid of around seven hundred million dollars. But no

0:19:59.400 --> 0:20:02.320
<v Speaker 1>one was by eating at that that price, so they

0:20:02.320 --> 0:20:04.080
<v Speaker 1>held onto the company for a couple more years. In

0:20:04.320 --> 0:20:07.359
<v Speaker 1>eighty five they finally sold it. The company that bought

0:20:07.480 --> 0:20:10.920
<v Speaker 1>Hurts was U A l which was a holding company

0:20:10.960 --> 0:20:14.720
<v Speaker 1>for United Airlines. Probably have to do a full episode

0:20:14.800 --> 0:20:19.280
<v Speaker 1>about that company. At some point. In ninety our c

0:20:19.440 --> 0:20:24.879
<v Speaker 1>A would introduce another really cool technology, one that we

0:20:25.000 --> 0:20:29.960
<v Speaker 1>depend heavily upon UH these days in various formats, and

0:20:30.040 --> 0:20:33.560
<v Speaker 1>that would be the liquid crystal display. R c A

0:20:33.640 --> 0:20:36.200
<v Speaker 1>displayed it publicly in nineteen sixty eight. They had a

0:20:36.240 --> 0:20:40.919
<v Speaker 1>big press event. Engineers led by a guy named Richard Williams,

0:20:41.160 --> 0:20:44.199
<v Speaker 1>had been working on this l c D technology for

0:20:44.400 --> 0:20:49.399
<v Speaker 1>years now. Essentially, a liquid crystal display consists of a

0:20:49.440 --> 0:20:53.520
<v Speaker 1>couple of sheets of polarizing material and between those sheets,

0:20:53.680 --> 0:20:57.560
<v Speaker 1>sandwiched if you like, is a liquid crystal solution. So

0:20:57.600 --> 0:21:00.440
<v Speaker 1>what's a liquid crystal Well, it's a substance. It's kind

0:21:00.440 --> 0:21:04.359
<v Speaker 1>of in between being a solid and liquid. Molecules in

0:21:04.359 --> 0:21:08.399
<v Speaker 1>a solid material all all maintain the same orientation and

0:21:08.520 --> 0:21:11.560
<v Speaker 1>the same position with respect to one another. So in

0:21:11.640 --> 0:21:14.880
<v Speaker 1>other words, all all the molecules are stuck where they

0:21:14.880 --> 0:21:17.520
<v Speaker 1>are with respect to each other in a solid, but

0:21:17.560 --> 0:21:20.080
<v Speaker 1>in a liquid it's different molecules and a liquid are

0:21:20.160 --> 0:21:23.840
<v Speaker 1>free to change their orientation and position with respect to

0:21:23.880 --> 0:21:26.080
<v Speaker 1>each other. They float all over the place, and they

0:21:26.080 --> 0:21:32.160
<v Speaker 1>twist and turn freely. Liquid crystals tend to maintain their orientation,

0:21:32.800 --> 0:21:36.159
<v Speaker 1>so they all tend to continue pointing in whatever direction

0:21:36.160 --> 0:21:40.080
<v Speaker 1>they're pointing in when it starts. But the molecules are

0:21:40.119 --> 0:21:42.720
<v Speaker 1>able to change their positions with respect to each other,

0:21:43.000 --> 0:21:45.120
<v Speaker 1>so they all point in the same direction as they

0:21:45.200 --> 0:21:49.000
<v Speaker 1>had started, but they can move around each other. They

0:21:49.000 --> 0:21:52.399
<v Speaker 1>can be in one of several distinct phases, but the

0:21:52.400 --> 0:21:56.359
<v Speaker 1>important phase for liquid crystal displays is a phase called

0:21:56.359 --> 0:22:00.800
<v Speaker 1>the neeumatic phase. One type of liquid crystal is called

0:22:00.880 --> 0:22:05.480
<v Speaker 1>a twisted pneumatic liquid crystal, and twisted tematics are very

0:22:05.480 --> 0:22:07.720
<v Speaker 1>important for l c d s. They are, as the

0:22:07.800 --> 0:22:12.399
<v Speaker 1>name suggests, twisted. But if you apply an electric current

0:22:12.960 --> 0:22:17.760
<v Speaker 1>to a twisted pneumatic liquid crystal, it untwists. If you

0:22:17.880 --> 0:22:21.119
<v Speaker 1>vary the voltage of this electric current, you change the

0:22:21.200 --> 0:22:24.639
<v Speaker 1>degree to which it untwists, so you can make it

0:22:24.800 --> 0:22:29.560
<v Speaker 1>untwist more or less by varying the voltage. This behavior

0:22:30.119 --> 0:22:33.800
<v Speaker 1>is replicable, it's predictable. It's always going to happen exactly

0:22:33.840 --> 0:22:37.240
<v Speaker 1>the same way, assuming you vary the voltage in exactly

0:22:37.280 --> 0:22:39.600
<v Speaker 1>the same way. So you can use these crystals to

0:22:39.640 --> 0:22:42.600
<v Speaker 1>do very specific stuff. For example, you can use them

0:22:42.600 --> 0:22:46.720
<v Speaker 1>to block light from passing through a surface, and then

0:22:46.800 --> 0:22:49.280
<v Speaker 1>you could use it to allow light to pass through

0:22:49.359 --> 0:22:52.280
<v Speaker 1>other parts of this surface. And this is how we

0:22:52.359 --> 0:22:57.119
<v Speaker 1>use liquid crystals and an electronic display. The crystals block

0:22:57.240 --> 0:23:00.320
<v Speaker 1>light that's trying to come through or allow light to

0:23:00.440 --> 0:23:03.480
<v Speaker 1>come through, and uh, l c D t v s

0:23:03.560 --> 0:23:06.560
<v Speaker 1>work this way. It's why you would often hear people

0:23:06.560 --> 0:23:09.960
<v Speaker 1>talk about how l c D television's had a problem

0:23:10.119 --> 0:23:14.040
<v Speaker 1>whenever there was a very dark scene on screen because

0:23:14.560 --> 0:23:18.160
<v Speaker 1>there's always a backlight in an l c D display

0:23:18.200 --> 0:23:22.239
<v Speaker 1>and the liquid crystals are blocking the light, but some

0:23:22.320 --> 0:23:24.720
<v Speaker 1>of that light kind of bleeds through, So you couldn't

0:23:24.720 --> 0:23:29.280
<v Speaker 1>get these very dark black colors in l c D

0:23:29.760 --> 0:23:33.720
<v Speaker 1>displays because there was always this light behind that screen

0:23:33.960 --> 0:23:36.240
<v Speaker 1>of liquid crystals. You would have to get something like

0:23:36.280 --> 0:23:41.080
<v Speaker 1>a plasma display, which actually wouldn't backlight the screen, so

0:23:41.119 --> 0:23:45.720
<v Speaker 1>you could get those more deep, dark black colors on

0:23:46.200 --> 0:23:48.199
<v Speaker 1>that kind of television. Anyway, I'll have to do a

0:23:48.200 --> 0:23:50.840
<v Speaker 1>full episode about l c D s to describe their

0:23:50.880 --> 0:23:53.840
<v Speaker 1>history and how they work in a future episode. Richard

0:23:53.840 --> 0:23:57.639
<v Speaker 1>Williams was instrumental in finding the practical application for liquid

0:23:57.680 --> 0:24:01.359
<v Speaker 1>crystals in electronics and our He held this big public

0:24:01.359 --> 0:24:04.320
<v Speaker 1>demonstration in nineteen sixty eight. It was also one of

0:24:04.359 --> 0:24:08.520
<v Speaker 1>the last big company events that David Sarnoff would attend.

0:24:08.640 --> 0:24:12.399
<v Speaker 1>His health was deteriorating at this point, and remember he

0:24:12.440 --> 0:24:16.480
<v Speaker 1>had been in charge of our CIA since nineteen nineteen

0:24:16.920 --> 0:24:19.639
<v Speaker 1>and had only stepped back in nineteen sixty five for

0:24:19.760 --> 0:24:22.520
<v Speaker 1>his son takeover as president, and he had remained as

0:24:22.600 --> 0:24:25.800
<v Speaker 1>chairman of the board. Nineteen sixty eight, r c A

0:24:25.960 --> 0:24:29.440
<v Speaker 1>finally updates its logo. Our c A. Victor would become

0:24:29.480 --> 0:24:33.520
<v Speaker 1>our c A Records, and Victor is now just a

0:24:33.520 --> 0:24:36.080
<v Speaker 1>brand name that shows up on stuff like album covers.

0:24:36.160 --> 0:24:39.720
<v Speaker 1>And it seems a little haphazard the way Victor shows

0:24:39.800 --> 0:24:42.560
<v Speaker 1>up on albums. I'm not entirely certain that there's a

0:24:42.560 --> 0:24:47.320
<v Speaker 1>particular rhyme or reason to it. But our CIA's logo

0:24:47.520 --> 0:24:49.720
<v Speaker 1>would be turned into what was considered at the time

0:24:49.760 --> 0:24:52.520
<v Speaker 1>to be a futuristic logo. These days we would look

0:24:52.520 --> 0:24:56.000
<v Speaker 1>at and think, oh, that's a quaint retro like nineteen

0:24:56.040 --> 0:24:58.840
<v Speaker 1>eighties style logo, almost And that was in nineteen sixty eight.

0:24:59.200 --> 0:25:02.440
<v Speaker 1>Also in sixty eight, a miniature r c A television

0:25:02.480 --> 0:25:05.960
<v Speaker 1>camera was used on Apollo seven to provide the first

0:25:06.280 --> 0:25:10.880
<v Speaker 1>live television pictures captured from outer space and beamed back

0:25:10.920 --> 0:25:14.000
<v Speaker 1>to Earth. R c A also built the radio backpack

0:25:14.080 --> 0:25:16.919
<v Speaker 1>that Neil Armstrong war when he set foot on the

0:25:16.920 --> 0:25:19.800
<v Speaker 1>Moon and delivered the famous one small step for a

0:25:19.840 --> 0:25:23.120
<v Speaker 1>man line in nineteen sixty nine. The company was also

0:25:23.160 --> 0:25:26.520
<v Speaker 1>responsible for designing components for multiple space probes like the

0:25:26.680 --> 0:25:30.760
<v Speaker 1>Viking Mars probes and much later. They were also responsible

0:25:30.800 --> 0:25:34.119
<v Speaker 1>for some of the subsystems on the space shuttles. In

0:25:34.200 --> 0:25:37.760
<v Speaker 1>nineteen sixty nine, r c A would change its name

0:25:37.800 --> 0:25:41.600
<v Speaker 1>officially from the Radio Corporation of America that was the

0:25:41.640 --> 0:25:44.639
<v Speaker 1>official name of the company, to our CI A Corporation.

0:25:45.080 --> 0:25:47.960
<v Speaker 1>Also in sixty nine, r c A and CBS would

0:25:47.960 --> 0:25:51.480
<v Speaker 1>ignite a new feud. If you listen to the previous episodes,

0:25:51.520 --> 0:25:54.000
<v Speaker 1>you know that our c A and CBS fought several

0:25:54.040 --> 0:25:56.879
<v Speaker 1>times in the forties they were battling to define the

0:25:56.920 --> 0:26:00.399
<v Speaker 1>standard for color television. Now in sixty nine, just at

0:26:00.440 --> 0:26:04.080
<v Speaker 1>the dawn of the nineteen seventies, they were competing to

0:26:04.119 --> 0:26:07.840
<v Speaker 1>try and create a new technology for home video playback.

0:26:08.560 --> 0:26:11.200
<v Speaker 1>This would be a device capable of playing back video

0:26:11.320 --> 0:26:15.199
<v Speaker 1>media on demand at home, sort of a precursor to

0:26:15.440 --> 0:26:19.280
<v Speaker 1>the VCR and then later still to technology like DVD

0:26:19.400 --> 0:26:23.639
<v Speaker 1>players and Blu Ray players. The CBS version debuted first

0:26:23.840 --> 0:26:26.639
<v Speaker 1>actually debuted in sixty seven, I think, and it was

0:26:26.720 --> 0:26:31.080
<v Speaker 1>called the Electronic Video Recording Device or e v R

0:26:31.240 --> 0:26:35.440
<v Speaker 1>for short. Our CIA's approach was originally called the s

0:26:35.520 --> 0:26:38.679
<v Speaker 1>V Hollow Tape. Later the company would dub it the

0:26:38.800 --> 0:26:42.520
<v Speaker 1>select a Vision, which gets really confusing because our cier

0:26:42.640 --> 0:26:46.640
<v Speaker 1>has used selective vision for a few different products over

0:26:46.680 --> 0:26:50.520
<v Speaker 1>its history. But CBSS version was further along than our

0:26:50.560 --> 0:26:53.600
<v Speaker 1>CIA's when our Cia debut. There's um In fact, when

0:26:53.640 --> 0:26:57.000
<v Speaker 1>our Cia showed off this technology, it was not yet

0:26:57.080 --> 0:27:00.639
<v Speaker 1>able to play sound. It was showing video, but it

0:27:00.680 --> 0:27:03.040
<v Speaker 1>was all silent. There was no soundtrack to go along

0:27:03.080 --> 0:27:07.360
<v Speaker 1>with it. The process of mastering a tape for this

0:27:07.480 --> 0:27:10.520
<v Speaker 1>system was actually really cool for for our Ci, as

0:27:10.600 --> 0:27:14.160
<v Speaker 1>it actually involved lasers and holograms, but our Cia would

0:27:14.160 --> 0:27:17.919
<v Speaker 1>experience some financial difficulties as it was trying to develop

0:27:17.960 --> 0:27:21.720
<v Speaker 1>this technology further. Those those financial difficulties were largely due

0:27:21.760 --> 0:27:25.240
<v Speaker 1>to our Cia trying to extricate itself from the computer

0:27:25.359 --> 0:27:29.200
<v Speaker 1>mainframe business had gotten into in the sixties. And meanwhile,

0:27:29.760 --> 0:27:33.080
<v Speaker 1>while our CIA was trying to weather that storm, another

0:27:33.200 --> 0:27:37.920
<v Speaker 1>video technology, the VCR, came out and pretty much made

0:27:38.200 --> 0:27:41.840
<v Speaker 1>both the e VR from CBS and r C as

0:27:42.000 --> 0:27:46.920
<v Speaker 1>select a vision moot. They just couldn't compete against the VCR,

0:27:47.359 --> 0:27:49.200
<v Speaker 1>and it would ultimately mean that our CI a would

0:27:49.200 --> 0:27:51.480
<v Speaker 1>abandon its attempts to market the hollow tape as a

0:27:51.480 --> 0:27:54.680
<v Speaker 1>consumer product, so it never really launched as an actual

0:27:54.880 --> 0:27:58.760
<v Speaker 1>thing you could go out and buy. In nineteen seventy,

0:27:59.280 --> 0:28:02.399
<v Speaker 1>David Starna would retire as chairman of the board, although

0:28:02.480 --> 0:28:05.160
<v Speaker 1>to be more accurate, he was really in the late

0:28:05.240 --> 0:28:07.879
<v Speaker 1>stages of a long term illness and so he was

0:28:07.920 --> 0:28:13.160
<v Speaker 1>effectively removed as chairman. I don't get the sense that

0:28:13.240 --> 0:28:15.919
<v Speaker 1>he chose to step down so much as he was

0:28:15.960 --> 0:28:20.440
<v Speaker 1>forced to. Also, in nineteen seventy, r C announced another

0:28:20.640 --> 0:28:24.239
<v Speaker 1>plan for another acquisition. Uh, and you remember they had

0:28:24.280 --> 0:28:27.320
<v Speaker 1>already talked about They already bought the Hurts, rent a

0:28:27.359 --> 0:28:30.399
<v Speaker 1>Car and and Random House Publishing. So what was it

0:28:30.480 --> 0:28:33.960
<v Speaker 1>this time? Well, it hits close to home for me. Actually,

0:28:34.440 --> 0:28:39.400
<v Speaker 1>they bought Coronet Industries. What was Coronet Industries or what

0:28:39.600 --> 0:28:43.320
<v Speaker 1>is it. It's a carpeting company, a flooring company. So again,

0:28:43.360 --> 0:28:46.640
<v Speaker 1>this was another effort for our c A to diversify

0:28:46.680 --> 0:28:51.760
<v Speaker 1>its holdings, and this acquisition would officially complete in nineteen

0:28:51.880 --> 0:28:55.200
<v Speaker 1>seventy one. Now I said it hits close to home.

0:28:55.240 --> 0:28:58.480
<v Speaker 1>What I mean by that, Well, the headquarters for Coronet

0:28:58.480 --> 0:29:03.640
<v Speaker 1>Industries was or is in Dalton, Georgia. Dalton, Georgia is

0:29:03.680 --> 0:29:06.160
<v Speaker 1>in the northwest part of Georgia. If you ever drive

0:29:06.240 --> 0:29:09.960
<v Speaker 1>through that part of Georgia, you will see numerous billboards

0:29:10.160 --> 0:29:16.440
<v Speaker 1>for rug and carpeting wholesalers. And uh yeah, so I

0:29:17.160 --> 0:29:20.120
<v Speaker 1>actually was surprised to hear that our c A at

0:29:20.160 --> 0:29:23.920
<v Speaker 1>one point owned that company. Our c A would eventually

0:29:23.960 --> 0:29:26.640
<v Speaker 1>sell this off in nineteen eight six to see I

0:29:26.800 --> 0:29:30.480
<v Speaker 1>Holdings Incorporated. But we'll get into that because when I

0:29:30.520 --> 0:29:32.240
<v Speaker 1>say our ci A sold it off, I don't really

0:29:32.280 --> 0:29:35.680
<v Speaker 1>mean our CIA. That's a that's a hint for things

0:29:35.720 --> 0:29:39.440
<v Speaker 1>to come. In nineteen seventy as well, our c would

0:29:39.440 --> 0:29:42.520
<v Speaker 1>also buy another company that made people scratch their heads.

0:29:42.520 --> 0:29:45.760
<v Speaker 1>This would be Banquet Foods, the company that the time

0:29:45.800 --> 0:29:48.640
<v Speaker 1>was most known for its TV dinners and frozen foods.

0:29:49.200 --> 0:29:51.520
<v Speaker 1>Our ci A would hold onto this for a decade,

0:29:51.520 --> 0:29:55.000
<v Speaker 1>but sell it in nineteen eighty and due to the

0:29:55.080 --> 0:29:57.960
<v Speaker 1>efforts to diversify and the fact that there didn't seem

0:29:57.960 --> 0:30:00.560
<v Speaker 1>to be any rhyme or reason for the types of

0:30:00.600 --> 0:30:04.479
<v Speaker 1>companies that our CIA was going after, some people inside

0:30:04.480 --> 0:30:07.440
<v Speaker 1>the company felt like our CIA was losing focus. I mean,

0:30:07.520 --> 0:30:11.080
<v Speaker 1>what did our CIA even do anymore? It's core businesses

0:30:11.160 --> 0:30:15.440
<v Speaker 1>used to be electronics, both for consumers and for business

0:30:15.480 --> 0:30:18.400
<v Speaker 1>to business, as well as for government and military uses.

0:30:18.840 --> 0:30:21.320
<v Speaker 1>But now now it had a rental car company, and

0:30:21.360 --> 0:30:24.560
<v Speaker 1>had a carpeting company and a frozen food company. Some

0:30:24.600 --> 0:30:26.920
<v Speaker 1>people began to joke that our ci A really stood

0:30:26.920 --> 0:30:31.880
<v Speaker 1>for rugs, chickens and automobiles. In nineteen seventy one, David

0:30:31.920 --> 0:30:36.320
<v Speaker 1>Sarnoff passes away, So this was the man who had

0:30:36.840 --> 0:30:39.320
<v Speaker 1>largely been associated with our CIA. In fact, a lot

0:30:39.360 --> 0:30:42.760
<v Speaker 1>of our CIA's history tends to get tied directly to

0:30:42.920 --> 0:30:46.240
<v Speaker 1>David Sarnoff and his personality. He was a force to

0:30:46.240 --> 0:30:50.040
<v Speaker 1>be reckoned with, and his passing was probably one of

0:30:50.120 --> 0:30:55.280
<v Speaker 1>the more remarkable things to happen to our c A

0:30:55.480 --> 0:30:59.000
<v Speaker 1>during its full history. It seems to me like this

0:30:59.120 --> 0:31:02.680
<v Speaker 1>was a case of another leader of a company having

0:31:03.360 --> 0:31:09.280
<v Speaker 1>an extreme influence on how that company did business. You

0:31:09.320 --> 0:31:11.840
<v Speaker 1>know some leaders, you would think they would have an

0:31:11.840 --> 0:31:17.360
<v Speaker 1>extreme influence, but they may just help keep the company

0:31:17.720 --> 0:31:22.240
<v Speaker 1>going while other people handle stuff. They might be more decentralized.

0:31:22.560 --> 0:31:24.760
<v Speaker 1>Sarnov did not come across to me as that kind

0:31:24.760 --> 0:31:27.680
<v Speaker 1>of person. Also, in nineteen seventy one, our c A

0:31:27.720 --> 0:31:30.480
<v Speaker 1>would get out of the mainframe computer business. They sell

0:31:30.520 --> 0:31:33.880
<v Speaker 1>it off to another company called Universal Automatic Computer better

0:31:33.920 --> 0:31:38.640
<v Speaker 1>known as UNIVAC, and ultimately this computer business was unprofitable

0:31:38.680 --> 0:31:41.959
<v Speaker 1>for our c A. The sale represented a huge loss

0:31:42.040 --> 0:31:45.720
<v Speaker 1>for the company. According to some sources I read, mostly

0:31:45.720 --> 0:31:48.680
<v Speaker 1>the New York Times, it amounted to essentially a two

0:31:48.720 --> 0:31:53.160
<v Speaker 1>hundred fifty million dollar rite off, which wasn't great news.

0:31:53.760 --> 0:31:57.000
<v Speaker 1>And in nineteen seventy five, the board of directors decided

0:31:57.080 --> 0:32:02.400
<v Speaker 1>to oust Roberts Sarnoff as chairman and CEO. They felt

0:32:02.440 --> 0:32:05.880
<v Speaker 1>that the attempts to diversify our CIER had weakened the company.

0:32:06.200 --> 0:32:11.520
<v Speaker 1>This uh this decide, This exit from mainframe computer business

0:32:11.560 --> 0:32:15.120
<v Speaker 1>also hurt the company. So this was essentially what some

0:32:15.160 --> 0:32:17.719
<v Speaker 1>people referred to as a palace coup. It came from

0:32:17.760 --> 0:32:21.760
<v Speaker 1>within the company itself and our c A president and

0:32:21.880 --> 0:32:28.640
<v Speaker 1>chief operating officer, Anthony Conrad, led this coup attempt. Anthony

0:32:28.720 --> 0:32:30.880
<v Speaker 1>Conrad had first joined our c A way back in

0:32:30.960 --> 0:32:34.520
<v Speaker 1>ninety six after being discharged from the army after World

0:32:34.520 --> 0:32:37.680
<v Speaker 1>War Two, and had worked there ever since. He had

0:32:37.720 --> 0:32:39.560
<v Speaker 1>made his way up the corporate ladder, and in the

0:32:39.640 --> 0:32:43.320
<v Speaker 1>nineteen fifties he was the executive in charge of overseeing

0:32:43.320 --> 0:32:47.040
<v Speaker 1>our Cier's missile and space tracking operations, and now he

0:32:47.240 --> 0:32:50.920
<v Speaker 1>was the head of the company. He became the new CEO,

0:32:51.080 --> 0:32:54.080
<v Speaker 1>and in June nineteen seventy six he was elected chairman.

0:32:54.520 --> 0:32:57.360
<v Speaker 1>Our CIA's performance was starting to turn around. The company

0:32:57.440 --> 0:33:00.480
<v Speaker 1>was beginning to make money. Things seemed to be on

0:33:00.720 --> 0:33:04.720
<v Speaker 1>the mend. However, Conrad turned out to have some skeletons

0:33:04.760 --> 0:33:08.680
<v Speaker 1>in his closet. In September nineteen seventy six, just ten

0:33:08.760 --> 0:33:12.480
<v Speaker 1>months after he had taken control of the company, Conrad

0:33:12.480 --> 0:33:15.760
<v Speaker 1>announced he was resigning his position, and it turned out

0:33:16.680 --> 0:33:19.520
<v Speaker 1>he had kind of sort of failed to file any

0:33:19.600 --> 0:33:23.320
<v Speaker 1>income taxes for five years and the I r S

0:33:23.400 --> 0:33:25.680
<v Speaker 1>kind of wanted to talk to him about it because

0:33:25.680 --> 0:33:29.760
<v Speaker 1>the agency had held a routine inquiry and saw some regularities.

0:33:30.320 --> 0:33:32.680
<v Speaker 1>So Conrad would end up settling up with the I

0:33:32.800 --> 0:33:36.040
<v Speaker 1>R S. He was essentially a fugitive in New York

0:33:36.080 --> 0:33:38.680
<v Speaker 1>State for two years until he was able to reach

0:33:38.680 --> 0:33:40.400
<v Speaker 1>a LEA deal in which he paid a one tho

0:33:40.680 --> 0:33:45.120
<v Speaker 1>dollar fine but also an undisclosed but presumably sizeable amount

0:33:45.120 --> 0:33:48.680
<v Speaker 1>of money in back taxes, interests, and penalties. So after

0:33:48.720 --> 0:33:52.680
<v Speaker 1>he resigned, a guy named Edgar H. Griffith's took control

0:33:52.760 --> 0:33:55.680
<v Speaker 1>of our c A. Griffith's was concerned with getting our

0:33:55.720 --> 0:33:58.320
<v Speaker 1>c A back on track from a numbers perspective, so

0:33:58.400 --> 0:34:02.240
<v Speaker 1>he wasn't so much of leader as far as strategy

0:34:02.320 --> 0:34:05.240
<v Speaker 1>and long term plans goes. He was trying to get

0:34:05.240 --> 0:34:07.880
<v Speaker 1>the numbers to line up, so he began to divest

0:34:07.920 --> 0:34:11.480
<v Speaker 1>the company of many of the subsidiaries that had been

0:34:11.560 --> 0:34:16.280
<v Speaker 1>accumulating throughout its history since Robert Sarnoff had taken control

0:34:16.360 --> 0:34:19.719
<v Speaker 1>the stuff like Banquet foods and Hurts rental cars, so

0:34:19.760 --> 0:34:22.320
<v Speaker 1>he was kind of trying to undo what Robert Sarnoff

0:34:22.400 --> 0:34:26.360
<v Speaker 1>had done. In Griffith's directed our ci A to purchase

0:34:26.480 --> 0:34:29.360
<v Speaker 1>another company. So he sells off a lot of companies,

0:34:29.480 --> 0:34:32.400
<v Speaker 1>but then he directs r c A to acquire a

0:34:32.440 --> 0:34:35.960
<v Speaker 1>different company. This would be commercial Investment Trust or c

0:34:36.160 --> 0:34:39.479
<v Speaker 1>I T, and the deal was for one point three

0:34:39.680 --> 0:34:43.960
<v Speaker 1>billion dollars or thereabouts, a huge sum. C I T

0:34:44.560 --> 0:34:47.719
<v Speaker 1>is an investment company and as the name suggests, it

0:34:47.760 --> 0:34:51.960
<v Speaker 1>provides financing to other companies. After acquiring c I T,

0:34:52.239 --> 0:34:55.160
<v Speaker 1>r c A would sell off several subsidiary companies that

0:34:55.280 --> 0:34:58.680
<v Speaker 1>had belonged to c I T, including an office furniture

0:34:58.760 --> 0:35:02.720
<v Speaker 1>manufacturing company and a greeting card company, which just tells

0:35:02.760 --> 0:35:07.920
<v Speaker 1>me corporate politics are weird and complicated and I don't

0:35:08.000 --> 0:35:12.880
<v Speaker 1>understand diversification very well. Anyway, this acquisition caused our CIA's

0:35:12.920 --> 0:35:16.120
<v Speaker 1>credit rating to drop, and that made the board of

0:35:16.160 --> 0:35:20.480
<v Speaker 1>directors very upset, so they demanded that Griffith's resign and

0:35:20.560 --> 0:35:24.160
<v Speaker 1>he did, and in ninety one a new leader was

0:35:24.560 --> 0:35:28.560
<v Speaker 1>brought on or pushed to the to the front of

0:35:28.600 --> 0:35:31.360
<v Speaker 1>the company. This would be Thornton F. Bradshaw. He was

0:35:31.400 --> 0:35:34.200
<v Speaker 1>a member of the board of our CIA when they

0:35:34.200 --> 0:35:37.080
<v Speaker 1>made this decision to get rid of Griffith's and he

0:35:37.160 --> 0:35:40.560
<v Speaker 1>was also the president of the Atlantic Richfield Company, which

0:35:40.600 --> 0:35:43.160
<v Speaker 1>was an oil company. So he became the new leader

0:35:43.200 --> 0:35:47.240
<v Speaker 1>of our ci A and then he made Robert R. Frederick,

0:35:47.360 --> 0:35:50.560
<v Speaker 1>who had previously worked at General Electric the new president

0:35:50.640 --> 0:35:54.360
<v Speaker 1>of our CIA. Eventually Bradshaw becomes the chairman of the

0:35:54.400 --> 0:35:57.880
<v Speaker 1>board and Frederick would become the CEO. But they continued

0:35:57.920 --> 0:36:02.160
<v Speaker 1>to sell off the diversified subsidiary, and by all of

0:36:02.160 --> 0:36:05.160
<v Speaker 1>those companies that had been acquired, including c I T,

0:36:05.600 --> 0:36:09.280
<v Speaker 1>had been sold off except for the carpeting company Coronet Industries.

0:36:09.320 --> 0:36:14.719
<v Speaker 1>That one would stick around till jumping back to r

0:36:14.800 --> 0:36:18.160
<v Speaker 1>c A finally released that video disc technology I talked

0:36:18.200 --> 0:36:20.840
<v Speaker 1>about earlier in this episode. It was called a c

0:36:21.080 --> 0:36:25.120
<v Speaker 1>e D or capacitance electronic disc player. The tech for

0:36:25.200 --> 0:36:29.279
<v Speaker 1>the video playback device only allowed you to play video.

0:36:29.320 --> 0:36:32.360
<v Speaker 1>You could not record to it, but you could grab

0:36:32.480 --> 0:36:35.560
<v Speaker 1>a plastic caddy kind of looked almost like a vinyl

0:36:35.640 --> 0:36:39.080
<v Speaker 1>record album cover, and you would insert it into a

0:36:39.239 --> 0:36:42.520
<v Speaker 1>player and you could watch a video. Each side of

0:36:42.560 --> 0:36:45.040
<v Speaker 1>the disc could hold about sixty minutes of in t

0:36:45.480 --> 0:36:48.960
<v Speaker 1>SC video. That's the television standard in the United States,

0:36:49.080 --> 0:36:51.160
<v Speaker 1>or it was the television stenter in the United States,

0:36:51.400 --> 0:36:54.680
<v Speaker 1>So movies would typically require you to take the disc

0:36:54.719 --> 0:36:57.759
<v Speaker 1>out halfway through the film, flip it over, and then

0:36:57.800 --> 0:37:00.600
<v Speaker 1>put it back in to continue watching the move The

0:37:00.680 --> 0:37:04.920
<v Speaker 1>discs themselves were inside these protective plastic caddies, so you

0:37:04.960 --> 0:37:08.960
<v Speaker 1>wouldn't handle the disks. You would handle the plastic sleeves essentially,

0:37:09.480 --> 0:37:12.680
<v Speaker 1>and you they were hard plastic or semi hard plastic sleeves.

0:37:12.680 --> 0:37:15.319
<v Speaker 1>At least they weren't like super floppy or anything. So

0:37:15.400 --> 0:37:17.640
<v Speaker 1>you'd slide these suckers in and watch a movie. And

0:37:17.680 --> 0:37:20.000
<v Speaker 1>I actually had one of these. My family had one

0:37:20.000 --> 0:37:22.080
<v Speaker 1>of these when I was growing up. In fact, I

0:37:22.120 --> 0:37:24.520
<v Speaker 1>now own it. My parents gave it to me, so

0:37:24.560 --> 0:37:27.040
<v Speaker 1>it's at my house and I even have a few

0:37:27.040 --> 0:37:29.520
<v Speaker 1>movies for it, like Raiders, Lost Arc and Singing in

0:37:29.520 --> 0:37:34.000
<v Speaker 1>the Rain. The technology worked just fine. You got picture,

0:37:34.080 --> 0:37:37.000
<v Speaker 1>you got audio, but by the time of debuted in

0:37:37.040 --> 0:37:40.120
<v Speaker 1>nine one, it was already obsolete because you already had

0:37:40.160 --> 0:37:43.440
<v Speaker 1>other video standards. You had the the VHS, you had

0:37:43.480 --> 0:37:46.400
<v Speaker 1>Beta Max, you had Laser disc, and even though laser

0:37:46.440 --> 0:37:49.319
<v Speaker 1>disc didn't last super long, it was definitely superior to

0:37:49.480 --> 0:37:53.239
<v Speaker 1>ce ED quality and you didn't have to UH. You

0:37:53.239 --> 0:37:55.920
<v Speaker 1>could have extra stuff on laser discs, stuff that would

0:37:56.040 --> 0:38:01.760
<v Speaker 1>carry over into UH the DVD era. So our CIA's

0:38:01.880 --> 0:38:04.400
<v Speaker 1>technology was interesting, but it never took off, and by

0:38:04.480 --> 0:38:07.759
<v Speaker 1>Night four, just three years after they debuted, the tech.

0:38:08.239 --> 0:38:11.680
<v Speaker 1>They discontinued manufacturing the playback machines, so I guess I've

0:38:11.680 --> 0:38:18.759
<v Speaker 1>got a collectors addition thing kind of. Anyway, this is

0:38:18.760 --> 0:38:21.560
<v Speaker 1>a big important year because it's the year when General

0:38:21.600 --> 0:38:26.440
<v Speaker 1>Electric announced its intent to acquire our c A a

0:38:26.680 --> 0:38:30.600
<v Speaker 1>huge deal, and it did so in nineteen eighty six

0:38:31.000 --> 0:38:36.000
<v Speaker 1>for six point four billion dollars. Alright, we're coming up

0:38:36.120 --> 0:38:41.320
<v Speaker 1>to the most important year in recent history for our CIA.

0:38:41.360 --> 0:38:43.759
<v Speaker 1>In fact, some would argue that we're talking about the

0:38:43.760 --> 0:38:46.080
<v Speaker 1>final year of our ci A. I'll explain more in

0:38:46.120 --> 0:38:48.040
<v Speaker 1>just a minute, but first let's take a quick break

0:38:48.239 --> 0:38:58.480
<v Speaker 1>to thank our sponsor. All Right, we're up to night.

0:38:59.400 --> 0:39:03.040
<v Speaker 1>This is a monumental year because it was the year

0:39:03.080 --> 0:39:06.680
<v Speaker 1>when g E would make the decision to acquire our

0:39:06.800 --> 0:39:10.320
<v Speaker 1>c A, although that acquisition wouldn't be complete until nineteen

0:39:11.600 --> 0:39:15.719
<v Speaker 1>and the deal was for six point four billion dollars.

0:39:16.040 --> 0:39:19.040
<v Speaker 1>Now this this meant that this was the largest ever

0:39:19.640 --> 0:39:23.600
<v Speaker 1>acquisition or merger business deal that didn't involve an oil

0:39:23.640 --> 0:39:26.840
<v Speaker 1>company in the history of business. At this point. It

0:39:26.880 --> 0:39:30.759
<v Speaker 1>has since been eclipsed, obviously, but in nine a six

0:39:30.800 --> 0:39:33.600
<v Speaker 1>point four billion dollar merger between two companies that were

0:39:33.600 --> 0:39:37.400
<v Speaker 1>not oil companies That was a record breaking moment, and

0:39:37.440 --> 0:39:39.360
<v Speaker 1>it came in a time when our c A Chairman

0:39:39.560 --> 0:39:43.920
<v Speaker 1>Thornton Bradshaw and our c A CEO Robert R. Frederick

0:39:44.040 --> 0:39:46.359
<v Speaker 1>had managed to get our c A on a profitable track.

0:39:46.440 --> 0:39:50.040
<v Speaker 1>They had managed to sell off these businesses, most of

0:39:50.080 --> 0:39:53.239
<v Speaker 1>them anyway that didn't make any sense to our CI

0:39:53.239 --> 0:39:56.160
<v Speaker 1>as core business. They were able to refocus our ci A.

0:39:56.400 --> 0:39:59.279
<v Speaker 1>They were able to make it profitable. NBC was doing

0:39:59.320 --> 0:40:04.520
<v Speaker 1>incredibly well toward UH five. It had started to win

0:40:04.640 --> 0:40:08.520
<v Speaker 1>awards for its programming and starting to to get more viewership.

0:40:09.080 --> 0:40:12.880
<v Speaker 1>Things were really looking great. And on November six, nineteen

0:40:12.960 --> 0:40:15.759
<v Speaker 1>eighty five, after having a meeting with the Board of directors,

0:40:16.120 --> 0:40:18.600
<v Speaker 1>Bradshaw would go off and meet with a guy named

0:40:18.719 --> 0:40:22.360
<v Speaker 1>John F. Welch Jr. Who was the chairman and CEO

0:40:22.520 --> 0:40:25.160
<v Speaker 1>of g E at that time. Now, if you've been

0:40:25.200 --> 0:40:27.800
<v Speaker 1>listening to all of these episodes, you might remember g

0:40:28.040 --> 0:40:31.640
<v Speaker 1>E was one of the founding partners for our c A.

0:40:31.680 --> 0:40:34.560
<v Speaker 1>In fact, it was the principal partner way back in

0:40:34.640 --> 0:40:38.920
<v Speaker 1>nineteen nineteen. G E owned most of our CIA for

0:40:39.040 --> 0:40:41.799
<v Speaker 1>many of the early years, until it was forced to

0:40:41.840 --> 0:40:44.440
<v Speaker 1>divest itself because the US government said, you can't do

0:40:44.480 --> 0:40:47.560
<v Speaker 1>that anymore. However, now we're in the eighties. This is

0:40:47.600 --> 0:40:51.600
<v Speaker 1>the Reagan era, when the US government was less concerned

0:40:51.840 --> 0:40:55.480
<v Speaker 1>about things like monopolies and there was a very lasse

0:40:55.719 --> 0:41:00.920
<v Speaker 1>fair approach to corporate politics and corporate quisitions. This was

0:41:00.960 --> 0:41:06.640
<v Speaker 1>the era of hostile takeovers. But you might wonder, if

0:41:06.719 --> 0:41:11.440
<v Speaker 1>r C was doing so well, why was Bradshaw willing

0:41:11.480 --> 0:41:15.239
<v Speaker 1>to entertain this deal. If our CIA is actually on

0:41:15.320 --> 0:41:18.239
<v Speaker 1>the right track, why go with an acquisition deal in

0:41:18.239 --> 0:41:21.360
<v Speaker 1>the first place. Well, part of the problem that Bradshaw

0:41:21.440 --> 0:41:24.959
<v Speaker 1>saw was the culture at the time, because, like I said,

0:41:25.000 --> 0:41:27.840
<v Speaker 1>this was the era of hostile takeovers, so there was

0:41:27.880 --> 0:41:33.000
<v Speaker 1>always a fear that someone would end up creating an

0:41:33.120 --> 0:41:37.960
<v Speaker 1>environment where they would approach shareholders with a deal that

0:41:38.160 --> 0:41:41.400
<v Speaker 1>was too good to refuse and then take over the company.

0:41:41.640 --> 0:41:43.760
<v Speaker 1>Not only that, but our ci A had two billion

0:41:43.840 --> 0:41:47.560
<v Speaker 1>dollars in cash because it had divested itself of all

0:41:47.560 --> 0:41:50.359
<v Speaker 1>these other companies and also found that it had been

0:41:50.400 --> 0:41:53.560
<v Speaker 1>over paying the pension fund, so there was actually extra

0:41:53.640 --> 0:41:56.680
<v Speaker 1>cash left over because the pension fund had more money

0:41:56.680 --> 0:41:59.719
<v Speaker 1>in it than it needed. It also meant that if

0:41:59.719 --> 0:42:03.359
<v Speaker 1>ay came in or some investors came in and they

0:42:03.400 --> 0:42:06.120
<v Speaker 1>spent a huge amount of money to acquire our c A.

0:42:06.680 --> 0:42:09.240
<v Speaker 1>They could then leverage that two billion dollars in cash

0:42:09.560 --> 0:42:13.960
<v Speaker 1>to pay off any debts. And more problematic than that,

0:42:14.520 --> 0:42:18.120
<v Speaker 1>parts of our CIA were really, really valuable. In fact,

0:42:18.239 --> 0:42:21.160
<v Speaker 1>it was thought that if you were to divide up

0:42:21.200 --> 0:42:24.319
<v Speaker 1>our c A into different pieces, you can make more

0:42:24.360 --> 0:42:28.719
<v Speaker 1>money selling those individual pieces off to different companies than

0:42:28.800 --> 0:42:31.120
<v Speaker 1>you would if you just operated our CIA as a

0:42:31.160 --> 0:42:35.080
<v Speaker 1>full company in itself. In fact, Bradshaw had even looked

0:42:35.160 --> 0:42:37.719
<v Speaker 1>at offloading some more of our c A. At one point,

0:42:37.880 --> 0:42:41.840
<v Speaker 1>he had looked at the possibility of selling NBC to Disney,

0:42:41.880 --> 0:42:46.040
<v Speaker 1>but eventually Bradshaw realized that our c A really needed NBC.

0:42:46.560 --> 0:42:49.440
<v Speaker 1>The revenue NBC was bringing in was too important to

0:42:49.480 --> 0:42:53.000
<v Speaker 1>our CIA's business, so he couldn't really afford to divest itself.

0:42:53.960 --> 0:42:57.640
<v Speaker 1>So the two companies g E and our ci A

0:42:58.120 --> 0:43:01.680
<v Speaker 1>happened to have some divisions and departments that clearly complemented

0:43:01.800 --> 0:43:04.719
<v Speaker 1>one another. Our CIA had done a lot of work

0:43:05.080 --> 0:43:07.360
<v Speaker 1>for the Navy and g had done a lot of

0:43:07.400 --> 0:43:10.240
<v Speaker 1>work for the army, so bringing the two comedies together

0:43:10.760 --> 0:43:15.160
<v Speaker 1>would create a more unified approach for military contracts that

0:43:15.280 --> 0:43:19.360
<v Speaker 1>kind of thing. So after some debate, our CIA's board

0:43:19.960 --> 0:43:24.839
<v Speaker 1>met and agreed to GES terms. And at that point,

0:43:24.960 --> 0:43:27.480
<v Speaker 1>once g E takes over, you could argue thats the

0:43:27.719 --> 0:43:29.200
<v Speaker 1>end of our c A. R c A is no

0:43:29.320 --> 0:43:32.960
<v Speaker 1>longer an independent company, is now part of GE. And

0:43:33.120 --> 0:43:35.640
<v Speaker 1>more than that, GE starts to make some pretty big

0:43:35.800 --> 0:43:39.279
<v Speaker 1>changes over the next few years. They began to merge departments.

0:43:39.800 --> 0:43:42.080
<v Speaker 1>So they began to take our ci A departments and

0:43:42.200 --> 0:43:46.880
<v Speaker 1>merge them into existing GE divisions, or they liquefy parts

0:43:46.920 --> 0:43:50.279
<v Speaker 1>of our CIA and sell it off U. And one

0:43:50.320 --> 0:43:53.560
<v Speaker 1>of those divisions that did this with was Astro elect

0:43:53.719 --> 0:43:57.319
<v Speaker 1>Electronics department. That was the the company or the part

0:43:57.400 --> 0:44:02.000
<v Speaker 1>of our ci A that was specifically focused on space technology.

0:44:02.280 --> 0:44:05.320
<v Speaker 1>G E would merge that department with its own Space

0:44:05.480 --> 0:44:10.400
<v Speaker 1>Systems division and thus created the GE Astro Space Division.

0:44:10.760 --> 0:44:13.480
<v Speaker 1>But this was not meant to stay on as a

0:44:13.520 --> 0:44:17.680
<v Speaker 1>GE property forever. In ninete, GE would sell off this

0:44:18.040 --> 0:44:22.120
<v Speaker 1>entire division to Martin Marietta, which turned around and merged

0:44:22.200 --> 0:44:25.400
<v Speaker 1>with Lockheed and that's where we get Lockheed Martin in

0:44:25.520 --> 0:44:30.400
<v Speaker 1>n Lockeed. Martin announced it would close the Astro Electronics

0:44:30.520 --> 0:44:34.279
<v Speaker 1>division facility and that finally happened in so that part

0:44:34.840 --> 0:44:39.440
<v Speaker 1>of our c A is no more. Uh. It ended years,

0:44:39.800 --> 0:44:43.080
<v Speaker 1>forty years of research and development in space and communications

0:44:43.120 --> 0:44:48.279
<v Speaker 1>tech out of that facility, So that was just part

0:44:48.320 --> 0:44:50.680
<v Speaker 1>of it. You would get to a lot of other

0:44:51.560 --> 0:44:54.160
<v Speaker 1>spinoffs here. GE would sell off a lot of what

0:44:54.360 --> 0:44:57.719
<v Speaker 1>made our CIER the company that it was, and it

0:44:57.719 --> 0:45:00.880
<v Speaker 1>would also spin off other divisions, like nb C became

0:45:00.920 --> 0:45:04.000
<v Speaker 1>its own sort of autonomous unit instead of being connected

0:45:04.040 --> 0:45:07.919
<v Speaker 1>to what our CIA used to be. In night six,

0:45:08.680 --> 0:45:12.000
<v Speaker 1>GE would sell off r c A Records to Bertlesman,

0:45:12.560 --> 0:45:15.960
<v Speaker 1>so that company would become the steward of our CIA Records,

0:45:16.000 --> 0:45:19.640
<v Speaker 1>which was formerly our CI A Victor, and remember Victor

0:45:20.040 --> 0:45:22.560
<v Speaker 1>was a company that even was older than our c A.

0:45:23.160 --> 0:45:28.719
<v Speaker 1>In seven, g E would sell NBC Radio to Westwood One,

0:45:29.400 --> 0:45:32.080
<v Speaker 1>and it would hold on to the NBC television networks,

0:45:32.080 --> 0:45:33.879
<v Speaker 1>so the radio network would be sold by the TV

0:45:33.960 --> 0:45:37.239
<v Speaker 1>networks stayed behind. Selling off the radio networks was one

0:45:37.280 --> 0:45:40.000
<v Speaker 1>of the conditions that GE was forced to meet in

0:45:40.160 --> 0:45:42.640
<v Speaker 1>order to get approval from the United States government for

0:45:42.719 --> 0:45:46.680
<v Speaker 1>the acquisition. Then g would also sell the r c

0:45:46.920 --> 0:45:52.040
<v Speaker 1>A name, the consumer electronics brand, essentially to a French

0:45:52.080 --> 0:45:54.960
<v Speaker 1>company called Thompson Brandt. We'll get back to that in

0:45:55.080 --> 0:45:59.400
<v Speaker 1>just a second. In night, Sarnoff Labs that was the

0:45:59.680 --> 0:46:03.200
<v Speaker 1>R and D arm of our c A was funded

0:46:03.680 --> 0:46:07.279
<v Speaker 1>for GE for several years, but then GE would transfer

0:46:08.000 --> 0:46:13.000
<v Speaker 1>Sarnoff Labs to the nonprofit organization s r I International.

0:46:13.880 --> 0:46:17.240
<v Speaker 1>It's another organization I should probably cover in a future

0:46:17.320 --> 0:46:20.200
<v Speaker 1>tech stuff is s r I International. It's a scientific

0:46:20.320 --> 0:46:25.000
<v Speaker 1>research institute. It's based in Menlo Park, California. Originally it

0:46:25.120 --> 0:46:29.040
<v Speaker 1>was founded by trustees from Stanford University in the nineteen forties.

0:46:29.080 --> 0:46:32.080
<v Speaker 1>In fact, s r I stood for Stanford Research Institute,

0:46:32.600 --> 0:46:37.279
<v Speaker 1>but the organization formally parted ways with the university back

0:46:37.320 --> 0:46:40.800
<v Speaker 1>in nineteen seventy. Anyway, by two thousand eleven, Sarnoff Labs

0:46:40.840 --> 0:46:43.840
<v Speaker 1>had become fully integrated as part of s r I International,

0:46:43.920 --> 0:46:47.600
<v Speaker 1>so it does not exist as its own independent thing anymore. Uh.

0:46:47.680 --> 0:46:50.920
<v Speaker 1>In two thousand four, GE would merge NBC with Vivendi

0:46:51.120 --> 0:46:55.319
<v Speaker 1>Universal Entertainment, and that created NBC Entertainment, but GE would

0:46:55.400 --> 0:46:58.759
<v Speaker 1>remain the majority owner at that point. Also in two

0:46:58.840 --> 0:47:02.160
<v Speaker 1>thousand four, Sony M Music and the Berlman Music Group

0:47:02.280 --> 0:47:06.520
<v Speaker 1>or BMG would merge together, and that brought our CIA

0:47:06.640 --> 0:47:11.520
<v Speaker 1>Records under the umbrella of Sony. Interesting side note, Sony

0:47:11.719 --> 0:47:15.239
<v Speaker 1>is also the parent company of Columbia Records. And if

0:47:15.280 --> 0:47:18.920
<v Speaker 1>you remember from my earlier episode, Columbia Records and our

0:47:19.000 --> 0:47:23.719
<v Speaker 1>CI A were fierce competitors in the early days of records.

0:47:24.400 --> 0:47:28.400
<v Speaker 1>Uh now they're both part of the same overall company.

0:47:29.040 --> 0:47:32.360
<v Speaker 1>As for g VC, as the Japanese Victor Company that

0:47:32.480 --> 0:47:34.520
<v Speaker 1>was part of our CIA for a while, that actually

0:47:34.560 --> 0:47:37.759
<v Speaker 1>had split off decades earlier. It split off from our

0:47:37.800 --> 0:47:40.480
<v Speaker 1>CIA during World War Two for obvious reasons, it was

0:47:40.719 --> 0:47:43.280
<v Speaker 1>operating in Japan and we were at war with Japan.

0:47:44.239 --> 0:47:47.560
<v Speaker 1>J VC has a record company called Victor Entertainment. This

0:47:47.719 --> 0:47:51.279
<v Speaker 1>one still uses the logo of the dog looking at

0:47:51.280 --> 0:47:55.600
<v Speaker 1>the gramophone, the one that's titled his Master's Voice. In

0:47:55.680 --> 0:47:59.719
<v Speaker 1>two thousand eleven, Comcast would buy controlling interest in n

0:47:59.800 --> 0:48:03.120
<v Speaker 1>B see, so it's no longer part of GE. Comcast

0:48:03.280 --> 0:48:07.960
<v Speaker 1>has it as an enormous conglomerate. So a big question

0:48:08.040 --> 0:48:09.920
<v Speaker 1>you might have is, you know, I started this all

0:48:10.000 --> 0:48:12.640
<v Speaker 1>off by saying our CIA is celebrating its one hundredth year,

0:48:13.120 --> 0:48:15.520
<v Speaker 1>So what is it? What what is actually left? What

0:48:15.760 --> 0:48:19.040
<v Speaker 1>is what is celebrating its one hundred year. The company,

0:48:19.280 --> 0:48:22.320
<v Speaker 1>which had ballooned into an enormous and troubled conglomerate in

0:48:22.400 --> 0:48:25.480
<v Speaker 1>the sixties and seventies, has been through so many different

0:48:25.520 --> 0:48:28.839
<v Speaker 1>sales and spinoffs and mergers that there's no longer an

0:48:29.000 --> 0:48:31.720
<v Speaker 1>r ci A company. There's no longer an independent company

0:48:31.800 --> 0:48:34.680
<v Speaker 1>called our ci A. The name our Cia still exists,

0:48:34.800 --> 0:48:38.920
<v Speaker 1>the brand still exists. It is a trademarked brand today.

0:48:39.000 --> 0:48:41.800
<v Speaker 1>The owner of that trademark is the French company Technic

0:48:41.840 --> 0:48:43.440
<v Speaker 1>Color Essay that was the one that used to be

0:48:43.520 --> 0:48:47.880
<v Speaker 1>known as Thompson. The company licensed the name r c

0:48:48.080 --> 0:48:50.080
<v Speaker 1>A to other companies that wish to use it on

0:48:50.200 --> 0:48:53.759
<v Speaker 1>various products. So that includes our Cia records, which I

0:48:53.840 --> 0:48:56.640
<v Speaker 1>mentioned as part of Sony Music, our ci A telephones,

0:48:56.680 --> 0:49:00.759
<v Speaker 1>and our Cia projectors. A company called Telefield uses those.

0:49:01.160 --> 0:49:03.800
<v Speaker 1>R c A Audio and video and r CEO r

0:49:03.880 --> 0:49:07.480
<v Speaker 1>c A accessories are both licensed by Vox International, that's

0:49:07.640 --> 0:49:11.080
<v Speaker 1>v o x X. Our c A Television is licensed

0:49:11.120 --> 0:49:17.080
<v Speaker 1>by ON Corporation. UM you have our c A computers,

0:49:17.120 --> 0:49:20.759
<v Speaker 1>which is licensed to American Future Technology Corporation. You get

0:49:20.800 --> 0:49:24.480
<v Speaker 1>the idea like there's there's the brand. The name still exists,

0:49:24.960 --> 0:49:27.320
<v Speaker 1>but the company doesn't. So to say that our c

0:49:27.520 --> 0:49:30.840
<v Speaker 1>A is celebrating it's one year is I think a

0:49:30.960 --> 0:49:35.520
<v Speaker 1>little misleading, maybe more than a little misleading, because the

0:49:35.600 --> 0:49:41.240
<v Speaker 1>company itself hasn't really existed since n uh. It's interesting

0:49:41.320 --> 0:49:44.360
<v Speaker 1>to see how a company that was so instrumental in

0:49:45.400 --> 0:49:49.240
<v Speaker 1>very important moments in consumer electronic history, like the development

0:49:49.280 --> 0:49:54.520
<v Speaker 1>of color television, could ultimately whittle get whittled or way

0:49:54.600 --> 0:49:59.239
<v Speaker 1>down to nothing. Really, but I thought I would cover

0:49:59.520 --> 0:50:02.720
<v Speaker 1>this as it was a fascinating story and it has

0:50:03.000 --> 0:50:06.920
<v Speaker 1>had such an important impact on various parts of technology.

0:50:07.920 --> 0:50:11.759
<v Speaker 1>Our next episode will not be so deep and and

0:50:12.560 --> 0:50:16.800
<v Speaker 1>grave a subject as the one year history of a company.

0:50:16.840 --> 0:50:20.359
<v Speaker 1>We're instead going to look at a popular video game

0:50:20.440 --> 0:50:23.359
<v Speaker 1>and how it got so popular and its story. I'm

0:50:23.400 --> 0:50:26.040
<v Speaker 1>talking about Fortnite. That will be the next episode. I

0:50:26.120 --> 0:50:28.839
<v Speaker 1>hope you guys enjoyed this one. If you have suggestions

0:50:28.920 --> 0:50:31.279
<v Speaker 1>for future episodes of tech Stuff, get in touch with me.

0:50:31.719 --> 0:50:33.960
<v Speaker 1>The email address for the show is tech Stuff at

0:50:34.040 --> 0:50:36.560
<v Speaker 1>how stuff works dot com. You can pop on over

0:50:36.840 --> 0:50:39.759
<v Speaker 1>to tech Stuff podcast dot com and you can get

0:50:39.800 --> 0:50:41.680
<v Speaker 1>in touch with me through social media there. You can

0:50:41.719 --> 0:50:44.120
<v Speaker 1>also look at the archive of all the shows over there.

0:50:44.719 --> 0:50:46.960
<v Speaker 1>Don't forget to pop on over to our merchandise store

0:50:47.000 --> 0:50:49.880
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0:50:50.120 --> 0:50:52.759
<v Speaker 1>Every purchase you make goes to help the show, and

0:50:52.840 --> 0:50:55.759
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0:50:55.880 --> 0:51:04.800
<v Speaker 1>again really soon for more on this and thousands of

0:51:04.840 --> 0:51:07.120
<v Speaker 1>other topics. Is that how stuff works dot com