After-tax amount

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Possible Answers: NET.

Last seen on: LA Times Crossword 12 Dec 18, Wednesday

Random information on the term “NET”:

National Educational Television (NET) was a United States educational broadcast television network that operated from May 16, 1954 to October 4, 1970. It was owned by the Ford Foundation and later co-owned by the Corporation for Public Broadcasting. It was succeeded by the Public Broadcasting Service (PBS), which has memberships with many television stations that were formerly part of NET.


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The network was founded as the Educational Television and Radio Center (ETRC) in November 1952 by a grant from the Ford Foundation’s Fund for Adult Education (FAE). It was originally a limited service for exchanging and distributing educational television programs produced by local television stations to other stations; it did not produce any material by itself.[1]

In the spring of 1954, ETRC moved its operations to Ann Arbor, Michigan, and on May 16 of that year it began operating as a “network”. It put together a daily five-hour package of television programs, distributing them primarily on kinescope film to the affiliated stations by mail.[2] The programming was noted for treating subjects in depth, including hour-long interviews with people of literary and historical importance. The programming was also noted for being dry and academic, with little consideration given to entertainment value, a marked contrast to commercial television. Many of the shows were designed as adult education, and ETRC was nicknamed the “University of the Air”[3] (or, less kindly, “The Bicycle Network”, both for its low budget and for the way NET supposedly sent programs to its affiliates, by distributing its program films and videotapes via non-electronic means such as by mail, termed in the television industry as “bicycling”).

NET on Wikipedia