Week of March 15, 1985
Secretary of Labor
Raymond J. Donovan
, whose tenure
had been troubled by unproven allegations of wrongdoing
as a former New Jersey contractor, resigns from the
Cabinet.
The Senate votes to release $1.5 billion for production of
21 additional MX missiles. President Reagan was all smiles
at the vote, saying it would prove America’s military resolve
to the Soviet Union.
In a surprise move, President Reagan picks William Brock III, a Cabinet member
who claims good relations with organized labor, to replace Raymond Donovan as
secretary of labor.
Two French diplomats and a French Embassy employee are kidnapped in Beirut
and the pro-Iranian Islamic Jihad group claimed responsibility, saying the
abductions were aimed at stopping an arms deal between France and Saudi
Arabia.
Surrounded by green-clad Girl Scouts and pink magnolia blossoms, President
Reagan, who is of Irish decent, dons a shamrock to mark St. Patrick’s Day.
The economy grows at a sluggish rate of 2.1% so far this year, down sharply
from the pace set in 1984. Inflation heats up to 5.4%.
Ohio Gov.
Richard Celeste
orders 70 Ohio savings and loan
institutions insured by a private company to close for three
days after depositors made runs on several of the s&l’s.
South Africa - Police open fire on a crowd of more than 3,000
blacks, killing 17 and wounding at least 19 as they marched
from their black township to a nearby town for a memorial
service for three blacks killed in rioting 10 days ago.
President Reagan declares that it is “high time” for a U.S-Soviet summit meeting
and pledged not to deploy new U.S. strategic weapons incoming months in a way
that might jeopardize chances for success at the arms control talks in Geneva.
President Reagan, who has worn a hearing aid in his right ear for the past 18
months, now is using a similar device in his left ear, “to achieve balance.’
Week of March 15, 1985
Sports -
Three-time Cy Young Award-winner Tom Seaver of the White Sox will mark his
15
th
opening-day start - setting another record.
Former New York Yankee first baseman
Joe Pepitone
is
arrested in Brooklyn and charged with possession of heroin
and cocaine worth $70,000 and a loaded .22-caliber
Derringer.
Martina Navratilova breaks Chris Evert Lloyd’s serve and
wins a $150,000 Virginia Slims tournament at Dallas.
Going out in style - Larry Holmes stops David Bey in 10
rounds. It will be Holmes’ last professional fight. Holmes is
undefeated in 47 fights at the age of 35.
Technology
- IBM says that it plans to halt production of its PCjr home
computer indefinitely because supplies will be ample to meet weakened
demand> Last week, Apple announced that it would halt production of its
personal computers for one week to bring inventories in line with sluggish
demand.
Big week for media deals -
1)
The American Broadcasting Company and Capital Cities
Communications announce an agreement under which Capital
Cities will acquire ABC in a deal valued at more than $3.5 billion.
ABC has been rumored as a possible takeover target for
months. Capitol Cities owns 7 TV stations, 12 radio stations and
50 cable television systems in 16 states. In addition, it also owns
the Fairchild Publications business newspaper group. It was
founded 30 years ago by a group of investors which included
commentator
Lowell Thomas
and CIA director William Casey.
2)
Rupert Murdock buys 50% of 20
th
-Century Fox for $50 million.
3)
A group of investors say that it will seek control of Storer Communications
Corp. in order to liquidate the Miami-based cable-television operator of its 7
owned and operated TV stations. The group believes the liquidation value of
Storer to be substantially above the market value. The stations are WJBK-
Detroit, WJKW-Cleveland, WITI-Milwaukee, WAGA-Atlanta, WTVG-Toledo,
WSBK-Boston & KCST-San Diego.
Week of March 15, 1985
Music - There’s a sort of heavy metal backlash. MTV cut back on heavy-metal
video clips by as much as 75% a few weeks ago, and some FM album rock
stations are getting rid of heavy metal. They’re chucking artists such as
Motorhead and Twisted City.
Radio - Scott Shannon has started something incredible. There’s now a morning
“Zoo” labeled show in just about every major market and it’s spreading.
Entertainment
-
Passing -
Sir Michael Redgrave
, the British film and stage
actor and patriarch of the Regrave acting dynasty. He was 77
and suffered from Parkinson’s disease for 12 years.
Look for “Just Say No,” a music video made by the federal
government deglamorizing drug abuse. The video will be
distributed to schools and broadcasters and will be shown on
MTV. It focuses on peer influence and is aimed at inner city
youths.
Television news -
Steve Bochco, who co-created “Hill Street
Blues says he is leaving the series soon because “I was invited to leave.” The
program has helped NBC build ratings in its 4 ½ seasons, plus has earned 25
Emmy awards.
Hollywood writer’s strike ends - Movie and television writers vote to end their 2-
week-old strike, but a Writer’s Guild president said the new contract was a
“defeat” on a key issue: videocassette revenue-sharing.
On “Saturday Night Live” this week -
George Carlin
hosts
with musical guest Frankie Goes to Hollywood.
Wednesday night television -
CBS - Snoopy’s Getting Married Charlie Brown, The
Romance of Betty Boop, Movie
NBC - Highway to Heaven Facts of Life, Sara, St. Elsewhere,
Tonight Show
ABC - The Fall Guy, Dynasty, Hotel, Nightline
PBS - Rodgers and Hammerstein: The Sound of American
Music
HBO - All The Rivers Run (Australian adventure miniseries)
USA - Radio 1990, Make It Microwave
Week of March 15, 1985
CBS quick feature, “An American Portrait at 8:58p - Anna Mary Robertson.
Highway to Heaven - Jonathan and Mark console a grieving mother facing the
death of her only son.
Upgrade Your Lotus 1-2-3
Week of March 15, 1985
Saturday night television -
CBS - Otherworld, Airwolf, Cover-up
NBC - Diff’rent Strokes, Candid Kids, Gimme a Break, It’s Your Move, NBC
White Paper, Saturday Night Live
ABC - T.J. Hooker, Love Boat, Finder of Lost Lives
MTV - Fleetwood Mac concert
USA - Night Flight
WTBS - Night Tracks
Saturday Night Live - George Carlin hosts with musical guests Frankie Goes To
Hollywood.