Miss Universe history

The pageant was first televised in 1955.

As McCormack told the story to People Weekly's Jack Friedman, in 1960 Arnold Palmer asked his attorney friend to take charge of his financial interests so that Palmer could focus on refining his golf game.

In 1967 McCormack organized a television production company, Trans World International (TWI), to film his company's growing stable of sporting events and produce them for distribution on broadcast television, cable TV, and video.

In 1968 IMG inked a contract with the organizers of the Wimbledon tennis tournament to coordinate television and video licensing.

After the organization signed with IMG in 1977, McCormack negotiated a new, $1 million agreement for television rights.

Inaugurated in 1983, this annual made-for-television golf invitational features four of the year's top players in a hole-by-hole shoot-out.

Jack Craig of The Sporting News was particularly biting, saying that the "success of the Skins Game is a tribute to greed" in a December 1986 column.

Although contrived competitions like the Skins Game were an unquestionable success (William Symonds of Business Week dubbed it "the hottest game in golf" in 1988) the Skins Game was not without critics.

In Swift's 1990 Sports Illustrated article, McCormack predicted: "Southeast Asia is going to be the growth area for all sports.

During this time, in 1998, Miss Universe, Inc. changed its name to the Miss Universe Organization, and moved its headquarters from Los Angeles to New York City.