Columbia Records introduces the 33 1/3 LP (“long playing”) record at New York's Waldorf-Astoria Hotel[?], featuring 25 minutes of music per side, compared to the four minutes per side of the 78 rpm record, the previous standard.
... Daimler-Benz (33%), Alenia[?] of Italy (21%), and CASA of Spain (13%).
Over the next five years, design work continued, aided by data from the British Aerospace EAP ...