Week of May 1, 1985

President Reagan decides to impose a total trade embargo against Nicaragua.

President Reagan leaves for West Germany, where

he’ll visit the Bitburg war cemetery and the economic

summit.

E.F. Hutton the nation’s fifth larges investment firm,

pleads guilty and is fined $2 million for a massive mail

and wire fraud scheme that netted the company millions

of dollars on interest-free loans.

Arriving in Madrid - President Reagan plans to use

propose before the European Parliament - a direct

military communications link between the Soviet Union

and the United States.

President Regan warns 10,000 cheering German young people of the threat “on

the other side of the wall” and calls for the reunification of Germany.

After taking a walk at a death camp, President Reagan laid a wreath at the

Bitburg cemetery where the German war dead include 4 U.S. combat soldiers

and said it opened old wounds.

Economic summit in Bonn - President Regan’s struggle to persuade the

economic summit to set a date next year for beginning a new round of global

trade talks ends in failure when France refused to budge from its opposition to

starting the talks in 1986.

More Bonn - Allies are not so hot and run cool toward President Reagan over

Nicaragua and his “star wars” plan.

Hilton Hotels Corp has sold its unopened and nearly complete Atlantic City hotel

casino to New York real estate magnate Donald Trump for about $300,000,000

in cash.

Rebel leaders report that rearmed Nicaraguan contra rebels are moving back into

Nicaragua from their bases in Honduras to renew their campaign against the

Sandinista government.

Week of May 1, 1985

Nation of Islam leader Louis Farrakhan says that Libyan strongman Moammar

Kadafi is giving him a $5 million interest-free loan to help him begin a self-

contained economic system for blacks in America, the Caribbean and Africa.

President Reagan accuses the senate of an “irresponsible act” for dismantling his

latest budget plan, and Secretary of state George Shultz said the senators’ “no-

growth” proposal for defense spending could hamper arms negotiations.

Passing - Leonard Ross - child prodigy who graduated from high school at 14,

college at 18 and law school at 20. He was a kid participant in two 1950’s quiz

TV shows where he won a total of $164,000 dollars. He was 39.

Technology -

(Beyond copiers) Xerox unveils a new line of

office automated systems. The new gear includes

printers, personal computers, word processors,

software and other accessories, which the

company hopes, will give it a foothold in the

office-automation business. The new computers

and word processors are based on the same

personal computer that is made by Italian

manufacture ring. Co Olivetti and marketed by

American Telephone & Telegraph as its model

PC6300. Xerox’s strategy is to offer departmental

office systems that exploit the appeal of Xerox’s

copiers - especially the successful laser copiers

and their larger cousins.

Television news -

MTV Networks reports net income of $2.468,000 on revenue of $29,933,000 for

the first quarter of 1985 - up 46% over 1984.

Johnny Carson (59) signs a multi-year contract to continue with the “Tonight”

show.

HBO debuts an hour-long special o the

making of “We Are the World.” The “We

Are The World” single is beginning a

snowballing charity work effect, but is

stalled at 4 million in sales after an initial

unprecedented consumer demand. The

song was recorded in Los Angeles by 45

Week of May 1, 1985

rock and pop music stars in a 10-hour session.

The Playboy Channel plans to offer more features and less skin in an attempt to

broaden its appeal. It’s been plagued by a lack of new subscribers and some

operators, including Group W, refuse to carry the channel.

Australian Rupert Murdoch reaches an agreement to buy the

seven Metromedia television stations for $2 billion - including

WNEW-TV in New York and KTTV in Los Angeles. According

to FCC rules, he’ll have to become a U.S. citizen. How will he

get around it?

HBO has taken another step to scramble its signal. It has

begun filed testing the encryption process on its Cinemax

eastern feed and the HBO eastern feed. HBO plans full

scramble implementation by September.

Radio news - The Children’s Radio Network which went on the air with its first

station last December (WEXI-AM Jacksonville) is making plans to buy 12 AM

stations. The network began airing on a second AM station April 1 with KAAR-

AM Portland, Ore and will debut in Phoenix this month on KSUN-AM.

CBS will buy 5 Taft radio stations - WLTT-FM Washington; KTXQ-Fm Dallas,

KLTR-FM Houston and WSUN-AM and WYNF-FM Tampa.

Music news -

Alabama once again emerges as the big winner in the Academy of Country

Music Awards - getting album of the year, entertainer of the year and group of

the year.

Talking Heads’ David Byrne is previewing his new

solo album, “The Knee Plays” on some radio stations.

“Simple Minds” has a big hit with “Don’t You” which is

featured in “The Breakfast Club.” Lead Jim Kerr has

recorded seven Simple Minds albums since 1978.

Although big in their native England, most American

fans are only aware if its last two albums, “New Gold

Dream” and “Sparkle in the Rain.”

Madonna has been considerably aided by taped

background vocals during her concerts. In the past,

most pop fans accepted the use of tapes by bands

Week of May 1, 1985

such as Queen and ELO to reproduce elaborate instrumental and choral effects.

Look for Tippi Hedren and other stars from original Hitchcock films on NBC’s all

new “Alfred Hitchcock Presents.”

Wednesday night television -

CBS - Double Dare, Movie

NBC - Highway to Heaven, facts of Live, Sara, St. Elsewhere, Tonight Show

ABC - Anything for a Laugh, Miss Hollywood 1985

PBS - discover The World of Science, The Complete Gilbert S. Sullivan

HBO - Coming Attractions, Movie-Police Academy, USA For Africa: The Story of

We Are The World

(New series) Double Dare - They’re crooks now working for the cops. Tonight

the boys expose a gold medal scam. Stars Billy Dee Williams and Ken Wahl.

CBS Wednesday night movie - “Knockout!” with Robert Blake.

Chuck Barris hosts “Anything for a Laugh,” featuring clips from some of the

shows he’s produced over the years.

Week of May 1, 1985

Top movies this

week -

Code of Silence

Just One of the Guys

Gotcha

Police Academy 2

Desperately Seeking Susan

Stick

Mask

Ladyhawke

Witness

Beverly Hills Cop

Lost in America

The Last Dragon

Moving violations

Purple Rose of Cairo

Bymkata

Madeus

Julie darling

The Gods Must Be Crazy

The Company of Wolves

Breakfast Club

The Care Bears Movie

A Private Function

Ghoulies