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TV—a clever contraction, derived from the words Terrible Vaudeville. We call it a medium, because nothing's well done.

Goodman Ace
Clever, Done, Vaudeville
Letter to Groucho Marx, in 'The Groucho Letters' (1967) p. 114
TV—a clever contraction, derived from the words Terrible Vaudeville. We call it a medium, because nothing's well done.