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What was the Blue Network?
Well, for reasons that I've forgotten, A.B.C. had two
networks: the red network and the blue network. And we owned a part
of the blue. Then at a considerably later date, we had
conversations with the United Artists--this was in the early 1960s, I
guess--with United Artists that ended nowhere in particular. And
then Jim got absolutely fascinated by the movie business--Jim
Linen--and we acquired a substantial part of MGM? MGM. Well, the
movie business is a very different business from ours, and one that
we knew nothing about, and we stumbled along, falling into one
pothole after another, until the whole thing was sort of washed off,
and it was just another disaster.
But there were films--there is more to it later on. There were
more film ventures--were there not?
Well, of course, when we got into HBO we had both feet in
the film business, and still have. In fact, at one point, Hollywood
considered HBO was the greatest menace that it had ever seen and that
HBO was taking over Hollywood, which it didn't do. But then you're
right into the movie business, with all the different mores of movie
life, pay scales, limousines, glamour world and so on so on. And it
took a long time to figure out how to run it and how to separate it.
This is one of the things that Dick Monroe was involved in. It was
HBO. HBO started with an idea of a fellow whose name escapes me at
the moment, and we in effect bought it from him, and we started this
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