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Starts at 4:42. KSAZ Fox 10 Phoenix has a great Vault upload program. They uploaded a AM Stereo Bit.
"The first shipment of Sony portable AM stereo radios has arrived at retail stores for $94.95, offering a stronger signal than FM for long-distance travelers."
Uncle Charlie didn't want a standard system, instead let the market decide. And it did...the market didn't care about AM Stereo, and today it doesn't care about AM. Its value lies in the land under the sticks and the attached FM translator.
KOY at 550 sounded great back then without the need for AM stereo. The thing I didn't like about AM stereo was that it didn't remove the static and hiss. You just got to hear it in stereo!
You mean Leonard Kahn. He was the main proponent of the "let the marketplace decide" approach, and threatened to sue anyone who backed a single standard for AM Stereo that wasn't his own. Reagan's pro-deregulation FCC chose the marketplace approach for AM Stereo, quadraphonic FM, and teletext, and ruined the chances of all three (although quad was pretty much dead by the early '80s anyway).
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