. October 27. 1973 A Profit Squeeze (Ed)... Supreme Court ^CC Censorship Directive To Broadcasters On Lyrics . UA Acquires Big3 Music... BMI, ASCAP.SESAC C&W Awards ... Japan Aug. Output: Disks Up Tapes Down Atkins, Cline Elected To C&W Hall Of Fame SLY STONE: 'FRESH'-ER AND 'FRISKY'-ER THAN EVER :&»S1 Are the Sunshine of My Life”and “Love Song.” Vikki Carr. “Live at the Greek Theater” The best seat in the house is on Columbia Records and Tapes iMARCAS REG. PRINTED IN USA. KG 32656* A specially priced 2-record set — THE INTERNATIONAL MUSIC-RECORD WEEKLY Vol. XXXV - Number 19/October 27, 1973 Publication Office/119 West 57th Street, New York, New York 10019/Telephone; J'Jdson 6-2640/Cable Address Cash Box, N. Y. GEORGE ALBERT President and Publisher MARTY OSTROW Executive Vice President !RV LICHTMAN Vice President and Director of Editorial CHRISTIE BARTER West Coast Manager The Profit Squeeze Editorial New York ARTY GOODMAN DON DROSSELL In the midst of general sales increases for major industry labels, DAVID BUDGE Hollywood there is, unfortunately, a profit crunch to go along with more vol- RON BARON ELIOT SEKULER ume. In recent financial statements from parent companies of CBS Records and RCA Records, the showings of their recording entities Research MIKE MARTUCCI over the past nine months and third quarter of this year were as- Rssearch Manager BOBBY SIEGEL sessed in terms of “cost pressures" (CBS) and “overall domestic industry conditions" in Advertising (RCA), the latter general explanation of a ED ADLUM profit loss for the third quarter of 1973. The president of RCA, Art Director Rocco Laginestra, stated in a major policy statement in last week’s WOODY HARDING issue of Cash Box that “with costs up and industry volume down, I Coin Machine & Vending predict that in the immediate future, there is going to be a shaking ED ADLUM Manager out of a lot of companies.” To compound these unhappy prospects, DON DROSSELL we have been witness to off-the-record-comments by other lead- CAMILLE COMPASIO, Chicago ing label executives declaring that increased volume on their part Circulation THERESA TORTOSA has failed to generate a proportional increase in profits. Manager With full realization that the industry has moved into its HOLLYWOOD “best" quarter of the year, we or the industry itself should not CHRISTIE BARTER 6545 Sunset Blvd. (Suite 525), Hollywood, Calif. 90028 bury our heads in the sands of false euphoria and make rosy, all- Phone: (213) Hollywood 9-2966 is-well commentary. Yet, it is important to stress that for many NASHVILLE JUANITA JONES companies there is, indeed, a posture of better volume for many 806 16th Ave. South, Nashville, Tenn. 37203 Phone: (615) 244-2898 indicating strong consumer demand for the industry's wares—as CHICAGO weighed, sadly, against a profit squeeze. CAMILLE COMPASIO Where does the business go from here? It can (and should) we 29 E. Madison St., Chicago, III. Phone: (312) FI 6-7272 feel command a better price from the consumer for recordings with- ENGLAND in guidelines set by the Government in its attempts to curtail infla- DORRIS LAND 3 Cork St.. London Wl tion. It can (and must) assess internal procedures in the marketing Phone: 01-7342374 of product, especially in the area of “returns,” where, it was made ARGENTINA MIGUEL SMIRNOFF evident through the NARM-sponsored study on the subject released Belgrano 3252, Piso 4 "B" Buenos Aires, Argentina Phone: 89-6796 earlier this year, labels can do much to ease the pressure on profits. CANADA The industry must be made aware that the “return" problem really WALT GREALIS doesn’t start at the wholesale level, but has its origins in “overkill" 6 Brentcliffe Road, Toronto 17, Ontario, Canada Phone: (416) 425-0257 allocations and in the sales-promotion philosophy that saturation of FRANCE new product in the marketplace is the strongest guarantee of a FRANK LIPSIK heady sales tally the level. 5 Rue Alfred Dormeuil. 78 Croissy on consumer Phone: 225-26-31 Some say the often outlandish guarantees given to established HOLLAND or “hot” newcomers is fading; we hope so. The industry has passed PAUL ACKET Theresiastraat 59-63. The Hague the stage where it can dole out millions on contracts, and take a Phone: 837700 “long-term" view of profit margins. If a few examples of ITALY eventual GABRIELE G. ABBATE such ultimate success are available, the industry has made them Viale A. Doria 10. 20124 Milano the rule not the exception. BELGIUM ETIENNE SMET Once again we return to the phrase “profitless prosperity." Postbus 56. B-2700 Sint-Niklaas Never before, in devastating Phone: (03) 76-54-39 our view, has that phrase had more AUSTRALIA meaning. We must note that in view of the fact that companies and PETER SMITH individuals generally reluctant to spell out “tougher times” in 40 Winters Way, Doncaster 3108, Victoria, Australia — JAPAN public—are now speaking out indicates that candid recognition of Adv. Mgr. the profit squeeze can realize aggressive attempts to defeat it. SACHIO SAITO l-ll-2-Chome Shinbashi, Minato-Ku, Tokyo Phone: 504-1651 Editorial Mgr. FUMIYO TACHIBANA l-ll-2-Chome Shinbashi, Minato-Ku, Tokyo Phone: 504-1651 SUBSCRIPTION RATES $40 per year anywhere in the U.S.A., Published weekly at 34 N. Crystal St., E. Strouds- burg, Pa. by Cash Box, 119 West 57th St., New York, N.Y. 10019. Second class postage paid at New York, N.Y., u.S.A. and additional offices. Copyright © 1973 by The Cash Box Publishing Co., Inc. All rights reserved. Copyright under Universal Copyright Convention. — 1 —— ANGIE LOVES ME LIKE A ROCK Paul Simon—Columbia 4-45907 35 13 Ann Peebles— Hi 2248 (Dist: London) 70 74 Rolling Stones— Rolling Stones RS-19105 2 4 KEEP ON TRUCKIN’ WE’RE AN AMERICAN BAND CORAZON Carole King—Ode 66039 (Dist: ASM) 79 Eddie Kendricks—Tamla 54238 4 5 Grand Funk—Grank Funk 3660 (Dist: Capitol) 36 17 MIDNIGHT TRAIN TO GEORGIA HER WEST COAST WOMAN CHEAPER TO KEEP Painter— Elektra 45862 74 81 Gladys Knight & The Pips—Buddah 383 7 9 Johnny Taylor—Stax 0176 (Dist: Columbia) 53 67 DREAM ON HALF-BREED HELLO IT’S ME Aerosmith—Columbia 45894 82 98 Cher—MCA 40102 3 2 Todd Rundgren — Bearsville 0009 (Dist: WB) 64 85 GOTTA FIND A WAY IT’S A LOVEBEAT Moments Stang 5050 73 80 HEARTBEAT— 38 OOH BABY — The Defranco Family—'20th Century 2030 9 11 STEALIN’ Gilbert O’Sullivan —Mam 3633 (Dist: London) 50 68 RAMBLIN’ MAN Uriah Heep—Warner Bros. 7738 76 83 Allman Bros.—Capricorn 0027 (Dist: WB) 1 3 39 DELTA DAWN ASHES TO ASHES Helen Reddy— Capitol 3645 39 28 THAT LADY 5th Dimension— Bell 45-380 71 77 Isley Brothers—T-Neck 2251 (Dist: Columbia) 6 6 40 SISTER JAMES SAIL AROUND THE WORLD PHOTOGRAPH Nino Tempo—5th Ave. Sax—A&M 1416 42 48 David Gates— Elektra 45868 87 94 Ringo Starr—Apple 1865 30 44 41 FRIENDS THE JOKER Bette Midler Atlantic 2980 46 52 ALL I KNOW — Steve Miller— Capitol 3732 89 Garfunkel—Columbia 45926 12 16 42 NEVER LET YOU GO TAKE LIFE A LITTLE EASIER YES WE CAN CAN Bloodstone—London 1051 44 46 Rodney Allen Rippy— Bell 45403 78 82 Pointer Sisters—Blue Thumb 229 11 15 (Dist: Famous) 43 CHECK IT OUT REDNECK FRIEND Tavares— Capitol 3674 51 61 Jackson Browne—Asylum 11023 81 88 HEAVEN’S DOOR KNOCKIN’ ON 44 RUBBER BULLETS ALL THE WAY DOWN Bob Dylan—Columbia 157664 17 22 50 Etta James—Chess 2144 83 90 JESSE Ten CC—UK 49015 (Dist: London) 47 LITTLE GIRL GONE Roberta Flack—Atlantic 2982 14 18 45 SWEET UNDERSTANDING LOVE Donna Fargo—Dot 17476 88 95 Four Tops— Dunhill 4366 55 69 13 ROCKY MOUNTAIN WAY THERE AIN’T NO WAY Joe Walsh—Dunhill 4361 13 14 46 FUNKY STUFF Lobo—Big Tree 16012 (Dist: Bell) 90 97 Kool & Gang—De Lite 557 48 51 14 BASKETBALL JONES PRETTY LADY (Dist: A M) 16 19 47 WHY ME Cheech & Chong—Ode 66038 & Polydor 86 99 Kris Kristofferson —Monument 17571 56 63 Lighthouse— 14198 15 PAPER ROSES (Dist: Epic) 1 LAST A DAY WITHOUT YOU Marie Osmond—MGM/Kolob K14609 22 35 WON’T 48 THE MOST BEAUTIFUL GIRL Maureen McGovern—20th Century 2051 91 — 16 I GOT A NAME Charlie Rich — Epic 11040 57 66 Jim Croce—ABC 11389 26 33 RIDIN’ MY THUMB TO MEXICO 17 TOP OF THE WORLD 49 COUNTRY SUNSHINE Johnny Rodriguez—Mercury 73416 85 92 Dottie West— RCA 0072 54 60 Carpenters—ASM 1468 28 37 PAINTED LADIES 18 HURTS SO GOOD 50 LET’S GET IT ON Ian Thomas—Janus 224 97 Marvin Gaye—Tamla T54234 32 12 Millie Jackson—Spring 139 (Dist: Polydor) 19 23 TO KNOW YOU IS TO LOVE YOU D’YER MAK’ER B. B. King—ABC 11373 52 38 19 LET ME IN 67 87 % Led Zeppelin —Atlantic 2986 MUSIC Osmond Bros. — MGM/Kolob 14617 21 24 MY 52 SHOW & TELL Loggins & Messina —Columbia 45952 20 SPACE RACE Al Wilson — Rocky Road 30073 (Dist: Bell) 62 72 LEAVE ME ALONE Billy Preston—ASM 1463 23 30 53 ROCKIN’ ROLL BABY Helen Reddy— Capitol 21 JUST YOU AND ME Stylistics —Avco 4625 63 73 SOME GUYS HAVE ALL THE LUCK Chicago—Columbia 45933 27 36 — 54 YOU’VE NEVER BEEN Persuaders—Atco 6943 100 22 SUMMER (FIRST TIME) THIS FAR BEFORE WRAPPED UP IN YOUR WARM & Bobby Goldsboro—United Artists 251 25 29 Conway Twitty —MCA 40094 18 20 TENDER LOVE 23 HIGHER GROUND 55 JIMMY LOVES MARY-ANNE Tyrone Davis—Dakar 4526 (Dist: Brunswick) 93 Stevie Wonder—Tamla 54235 5 1 Looking Glass— Epic 1T001 40 31 90 BACK FOR A TASTE OF YOUR LOVE 24 GET IT TOGETHER 56 BE Syl Johnson— Hi 2250 (Dist: London) 94 — The Jackson 5 —Motown 1277 24 26 Neil Diamond—Columbia 45942 75 - A PARTY 57 ECSTACY 91 HAVING 25 WE MAY NEVER PASS Ovations—MGM 14623 92 100 Ohio Players—Westbound 216 (Dist: Janus) 31 32 THIS WAY AGAIN 92 VADO VIA Seals S Crofts—Warner Bros.