Series I. Group Vice President of Television and Films J. Richard Munro: Computer Television Files, 1972-1976, inclusive
Extent
Scope and Contents
The Group Vice President of Television and Films J. Richard Munro: Computer Television Files cover the period of 1972 to 1976. The materials found in this series focus on finances and operation of Computer Television, a Time Inc. subsidiary which is often called CTI. Included in this series are statement of operations, agreements, Hilton Corporation and CTI reports, agreement overviews, feasibility studies, notes, financial statements, five year plan analysis, budget estimates, preliminary budget estimates and notes, budget reports, meeting agendas, meeting minutes, stock purchase agreements, clippings, travel itinerary, purchase proposals, weekly reports, reports on equipment investigations, personnel and organizational policies, United States labor charges against employer reports, press releases, and correspondence. The correspondence included in this series discuss CTI financing proposals, contracts, financing, medical expenses, company expenses, board meetings, employee contracts, purchase proposals, reports on CTI use, system issues, reports on the use of CTI in Hilton versus other hotels, upgrading room access, promotional materials, agreements, proposed financial plans, liquidation and sale of CTI, board meetings, system test results, monthly operating reports, project updates, negotiations, letters to board and shareholders on interest their interest to sell or acquire assets, project updates, system upgrades, revenue influences, and salaries.
Arrangement
Organized alphabetically with general files at the front.
Biographical Note
J. Richard "Dick" Munro began his career with Time Inc. in 1957. After holding other titles, he was named deputy to the group vice president for television and films in 1972, becoming vice president of the group shortly after. In 1978, when the television and films group formally became the Video Group, Munro remained as vice president but left this position in 1980. During the time that Munro served as vice president, he oversaw a project involving Computer Television, also known as CTI, a Time Inc. subsidiary. This project was mainly focused on installing interactive television systems into hotel rooms. Munro and CTI worked closely with the Hilton Corporation to install and test this new system. While Munro left the Video Group, he remained with Time Inc. and became executive vice president of the organization. At the same time that Munro became executive vice president, he also joined Time Inc.'s board of directors. In 1982, Munro was promoted to board president and Time Inc.'s chief executive officer. After Time Inc.'s merger with Warner Communications, Munro maintained his position within Time Inc. but retired in 1990.