[BC] Why FM took off in the 70 s

[Robert Meuser]

If I recall a press report correctly, they pulled 60 million a year in early 
1970s dollars.

R

Sid Schweiger wrote:

> WABC and most of the other owned-and-operated AM stations in the ABC
> group were some of the only ABC properties making money until the 1970s,
> so it was in their best interests to make those physical plants as
> reliable as possible.  It is often said (not sure whether it's actually
> true) that WABC's profits over about a five-year period financed the ABC
> TV network's conversion to color.