Play Meter

Issue: 1980 October 01 - Vol 6 Num 18

UPDATE EDITION .
October 1 , 1 980
Volume 6, Number 18
Game Plan: capital transfusion coming
AES Technology Systems , Inc .,
parent company of the Game Plan
coin -op games manufacturer , has
sold certain small office machines
interest for $15 million plus royalties
on that equipment's sales, in order to
infuse working capital into the
money-losing Game Plan .
Bliss & Laughlin Industries Inc .
delivered $1 million in earnest
money to AES Technology pending
a definitive agreement by the stock-
holders of both AES and Bliss &
Danielson bill
asleep tor '80
H .R . 977 . the Danielson Bill before
Congress , which would have hiked
the jukebox fee of $8 by 12 1 /z
percent , has been postponed by
action of a House subcommittee and
the bill 's sponsor .
AMOA and state associations
strongly opposed the bill this year to
increase jukebox royalties to record "
ing artists and record manufacturers .
Many operator members drafted
letters of opposition and wrote their
congressmen.
In a reply to a New Orleans
constituent, Congresswoman Lindy
Boggs reported that a subcommittee
of the House Judiciary Committee
on May 15 " after lengthy discussion
did not report the bill (H.R . 997) to
the full committee ."
Boggs said, "Because of the
uncertainty and delay , the bill 's
sponsor, Representative Danielson ,
requested that the bill be withdrawn
from consideration . Therefore , it is
highly unlikely that there will be any
further action on the bill during the
96th Congress. "
Further developments on the
jukebox royalty bill will be reported in
PLAY METER .
Laughlin . If the agreement to sell
AEA interests were not consum-
mated . the $1 million will be convert-
ed to a subordinate term loan to
AES . according to a joint statement
from the two corporations July 25 .
The agreement would allow AES
to retire its debt and provide " signifi -
cant working capital for the Game
Plan subsidiary which has continued
to experience cash flow difficulty and
losses ," said the announcement
mailed from Game Plan in Addison ,
Illinois .
A statement to Game Plan
employees from Vice President and
General Manager Wendell McAdams
said : " We are happy to announce
that Game Plan has resolved its
financial problems and will now be
able to go forward and assume its
rightful place in the coin machine
industry . Game Plan
has not
changed ownership and will continue
operation under the same general
management team ," said McAdams .
The agreement provided for the
sale of AES document processing
and control interests to Bliss &
Laughlin but excluded sale of Game
Plan . its wholly-owned subsidiary .
Bliss & Laughlin would acquire
th e AES Technology Check Mate
equipment - a product used by
banks and industries in document
processing and control-with patents
and the AES Technology Envelope
Opener - a chemical process high -
volume opener .
Game Plan manufacturers and
markets coin -operated pinball games
and slot machines .
McAdams said it is important for
Game Plan staff to " give their best
efforts to design and manufacture
innovative . high quality products that
will improve our position in the
marketplace . This will insure that all
employees will benefit from a profit-
able . well-operated organization ."
We're overstocked with
Video Game Logic Boards .
We ha ve several TOP Money
Producing Games to
choose from.
·Logic Board only in minimum quantities of 3 or more
Full 90 day warranty -
Power Supply and Cable Assembly extra
CALL US TODAY FOR MORE DETAILS.
VENTURE hN£.1NC,
2207 S. 48th Street
Tempe, Arizona 85282
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For Continental U.S. except Atlzona Toll FrH 1-800-528·1 442
Arizona call collect (602) 967·5914
Update
Edition
Stern jukebox output to begin
Vol. 6, No. 18
Oct, 1, 1980
Staff
Publisher:
Ralph C. Lally II
Editorial Director:
David Pierson
Managing Editor:
Ray E. Tilley
Stern Electronics, Inc. has completed
the purchase of major assets of
Seeburg Corp., which filed a Chap-
ter 11 bankruptcy petition last
October .
Stern's acquisition of Seeburg
under the terms of a more than $2
million plan approved July 2 by
federal bankruptcy Judge Lawrence
Fisher in Chicago .
Stern expects to begin production
of some 35 Seeburg jukeboxes per
day, as early as October . Moving of
Seeburg manufacturing equipment
into Stern facilities on Chicago's Near
Northwest side began shortly after
Fisher's approval of the purchase
plan .
But for 450 laid -off Seeburg
employees. there was no prediction
of rehiring by the new ownership .
Published reports in Chicago said
St ern's own some 200 laid -off
employees-idled
during
recent
slumps in pingame production were
to be rehired first .
tern Electronics was to commit
$3-$4 million additional capital to
start production of jukeboxes.
International Editor:
David Snook
Editor, Coin Slot
Technical Editors:
Zac Oliver
Randy Fromm
Jim Calore
Correspondents:
Pat Matthews
Roger C. Sharpe
J . W . Sedlak
Dick Welu
Charles C. Ross
Art Director:
Katey Schwark
Administrative Assistant:
Valerie Cognevich
Circulation Manager:
Renee' Pierson
Classified Advertising:
Valerie Cognevich
Staff Illustrator:
Mars Walker
Advertising Manager:
Kaye Co. expands with Belam
The Irving Kaye Company , Inc . has
announced the expansion of the
market areas covered by Belam
Florida Corp . The counties of
northern Florida and the state of
Georgia have been added . Bel am is
now the exclusive Kaye distributor
for the entire states of Florida and
Georgia .
Howard Kaye said, "The Belam
Florida Corp . is one of the most
dynamic distributorships in the nation
today , and we believe this realign -
ment and expansion of Belam's terri-
tories will aid their sales efforts and
provide even more strength for the
Kaye Co . products in the states of
Florida and Georgia ."
To launch this appointment some
specia l promotions are underway .
Large stuffed lions will be given away
to all volume purchasers of the new
Lion 's Head Model pool table , and
additionally, a sweepstakes will be
held whereby any operator in Kaye's
market who purchases a new Ka ye
pool table before November 1, 1980
will be given an entry in a drawing for
one of the prestigious Lion's Head
model pool tables .
This drawing will be held and the
table awarded to the lucky winner at
this year's AMOA convention .
David Pierson
European Representative:
Esmay Leslie
PLAY METER, October 1, 1980
Volume 6, No . 18. Copyright 1980 by
Skybird Publish ing Company . PLAY
METER ( ISSN 0162-1343) is pub-
lished twice monthly on the 1st and
15th of the month . Publishing
offices : 320 Old Hammond Highway,
Box
Metairie, La . 70005, P. 0 .
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838-8025. Subscription rates : U. S.
and Canada - $25; Europe and Japan
- $45; elsewhere - $50 . Multiple-
subscription orders : 2-9, $20 each;
10-24 , $17 each; 25 or more, $15
each. Advertising rates available on
request. No part of this magazine
may be reproduced without ex -
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PLAY METER
Promotions , " Harescombe" Watford
Road, Northwood Middx. England,
Northwood 29244 .
Matt Russ, Rowe VP , congratulates Branch Manager Bill Gillam for award .
Rowe plays host at Jacksonville
Rowe International , Inc ., Distributor
Operations , recently held a grand
opening for Rowe -Jacksonville 's new
facility . Jacksonville's modern build -
ing is a combination showroom , parts
department , and warehouse ideally
suited for the distributing sector, said
William G . Gillam , branch manager.
An overflow crowd of both suppliers
and customers turned out for the
official opening .
During the event , Matt Russ , vice
president of Distributor Operations ,
presented Rowe's " Million Dollar
Roundtable Award"
to
Branch
Manager Gillam . The award is in
recognition of excellence in sales
achievement.
The Jacksonville branch serves
central and northern Florida as well
as southern Georgia .

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