Marketplace

Issue: 1974 August 30

NEXT ISSUE
OF
MARKETPLACE
ISTHE
''Pre-Convention
Issue"
CLOSING DAY FOR ALL ADVERTISING
Sept. 10, 197 4
RUSH YOUR AD TODAY TO
·
ARKETPLACE
185 N. WABASH AVE. CHICAGO, ILL. 60601
(ALL PHONES: 312/726-6799)
MARKETPLACE
You don't really believe music copyrighters, plus artists, plus recorders, plus all the
others are going to be happy and satisfied to split 15¢ a week royalty tribute from each
jukebox? That's what $8 per year per jukebox royalty tribute amounts to. Fly over to Europe,
especially Italy, if you want to get some idea of what it's like and how much it costs to get
a license from copyrighters to even locate a jukebox. European copyrighters have been constant-
ly complaining to U.S. copyrighters about jukebox royalty tribute for playing their copyright-
ed tunes. They don't go for story that U.S. jukeboxes are "showcase" to popularize tunes.
The Europeans have been pushing harder than hard demanding U.S. jukeboxes pay off royalty
tribute. And they don't mean just a few millions. Every move by copyrighters, by arists, by
recorders, calculated to get you to pay and pay and pay more and more royalty tribute right
tbru the nose if necessary. 8 bucks per year per jukebox just the opening wedge. Better write
letters 'til your arm swells up. Then write more to both U.S.Senators of your state. You
elected them to help you. Man, oh, man, how you need their help. WRITE NOW!
Sing out "Hapw Birthday" to: Willie Blatt, Miami,Fla.; Dave Bond, Boston,Mass.; Hovard.
Omaha,Nebr.; Tom Greco, Glasco,N.Y.; Gerald Goudeau, Lafayette,La.; Glenn Jenkins,
Denver,Colo.; Bob Fogle, Ludlow,N.Y.; Bill Morrison, Houston,Tex.; Zollie ~lman, Great Falls,
Mont.; Gene Ford, Pittsbur8h,Pa.; Bill Poss, Aurora, Ill,; Harland Beach, Moorhead,Minn.; Roy
Bazelpa, Hollyvood,Fla.; Scott Foster, Okla.City,Okla.; Hovard Riley, Tulsa,Okla.; Clf.rence
Miller, Irvine,Ky.; Burt Blatt, Miami,Fla.; Louis Thompson, Goldsboro,N.C.; Joe Soule Sr.,
Baton Rouge,La.; Jesse Lagse, Kalispell,Mont.; Bob Fabian, Chicago; James Jackson, Grandview ,
Mo.; Irv Kempner, New York City; Warren White, Grd Rapids,Mich.; Bill Whipple, La.keport,Cal.;
W.L.Groover,Atlanta,Ga.; Bill Miller, Plant City,Fla.; Joe Abraham, Altoona,Pa.; John Porter,
Asheville,N .c.; Bill Veseth, Wolf Pt. ,Mont.; Ellen Brown, Chicago; Frank Coubal, Bloomer, Wis .
Mike Hallnergren, Cross Lake,Minn.
fillli,
...
Less operating firms with more locations. Doesn't sound at all logical but that was the
case as first half of' '74 sped by. Estimate by the knowledgeable is that there are approxi-
mately 7,500 full time, established operating firms today in U.S., Canada and Mexico. This
is a new low for the industry. Yet this smaller number of firms are operating more equip't
than ever before in all the history of the coinbiz. Much due, of course, to consolidations
and. acquisitions over past 20 years. Conglomerates as well as large, affluent operators are
still maldng acquisitions. Small operators boring out of picture. Cost to do business today
overwhelming the SJ1alls. As reported in past issues more moonlighters coming into being all
over the country. Most of these, from all reports, would like to go back to full time opera-
ting but, under present conditions, haven't the finances to do so. It's a new kind of ball
game as the second half of '74 gets under way.
Changes at booming busy Bally. Carousel Time has a new name: Aladdin's Castle,Inc., due
to latest acquisition. Tommy Nieman, assistant sales mgr., and who served with Carousel T.iJDe
for couple of years, is scheduled to visit with leading diatribe around the nation. Billy
O'Donnell. Jr., is now Assistant Director of Marketing under Ross Scheer and will cover the
international area. Bob Harpling is now sales mgr., slots. (And just as Puerto Rico officially
okays slots for casinos. So when you go down to Sen Juan this winter look for Bally slots.)
Dick Linkens covering nation's operators for Bally is one busy, busy traveler.
New rulings can save you mone.y on yoµr '74 income tax. If you prepay installment sales con-
tract and pay penalty, the penalty is tax deductible. If you are charged for late payment, on
gas and electric bills, save these bills, difference is tax deductible. If credit card or dept
store charges you 1t,' per month interest on unpaid balance, save these bills, this finance
charge is deductible from your income tax. Loan processing fees like on mortgages are also
tax deductible. This info was released by Prentice-Hall, publishers of tax information.
COPYRIGHTED 1974. NO RIEPRODUC:TION PLIEASll: IN WHOLE Oft IN PART WITHOUT WRITTEN PERMISSION .

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