www.cruxstrategies.com/MTV_vs_MuchMusic.aspx -
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Published on: 3/10/1990
Last Visited: 2/11/2009
John Lack, an executive vice-president at WASEC, was involved with the production of Nesmith's PopClips program.
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In 1980, Lack began mulling over an idea to create a 24-hour music video station; his timing was impeccable.
Lack astutely noted three factors that he believed would make his concept a success.
First, at that time, there was no cost-effective vehicle for advertisers to reach the teenage and young adult market.
Secondly, the burgeoning cable television business was sorely lacking content, Lack recalls, "except for movies, cable was really a creative nightmare" (Williams).
Finally, Lack observed that by broadcasting music videos, which promotion hungry record labels would gladly handover, MTV would have a free source of programming.
Convinced his idea would be a success, Lack approached Warner Communications Chairman, Steve Ross and American Express Chairman, James Robinson for $20 million (Williams) to make his idea a reality.
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Lack recalls the meeting's conclusion where, "Robinson turned to Ross and said, 'listen, Steve, I don't know much about the music business, but it makes sense to me. I'll buy it if you'll buy it'" (Williams).
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On August 1 1981 at 12:01am, John Lack commenced MTV's broadcast with his famous introduction, "ladies and gentlemen, rock and roll", which was followed prophetically by the Buggles' video, Video Killed the Radio Star.