Industry Trade News (36)

Telarc Records To Stop Producing Its Own Records - Firing 26

Telarc, the Cleveland area audiophile record label, will cease producing its own music at some point this month. The multiple-Grammy winning record label's roots go back classical recordings from the 1970's. Today the company's president stepped down and the parent......Read More

Last Chance at Circuit Liquidation Sale is This Sunday

Coming about a week early, the carcass at Circuit City is finally pretty much picked clean. Bankruptcy liquidator, Great American is calling it quits a little early considering most everything home theater, consumer electronics and even audiophile are long gone.......Read More

Dish Network Loses Over 100,000 Subscribers In Q4 2008 - More Expected

Dish Network's main money man, Charlie Ergen was all over the Sirius-XM money crunch last month and while some suggested it was bandwidth they are after - it now looks like it might just be raw subscribers. Reuters is out......Read More

First-Ever McIntosh Boutique Opens in Sao Paulo, Brazil

McIntosh recently announced that the company's Brazilian distributor, Stefo Jabra, has opened the first McIntosh-only boutique in the Americas -- McIntosh Store. The new McIntosh store, owned and operated by Mr. Jabra, opened its doors recently in the fashionable Iguatemi......Read More

NHT Goes "Dark" In Bad Economy

Don't call it a comeback because it isn't. Now Hear This (NHT) speakers is taking a hiatus from the bad economy according to a release sent out today. The company isn't going bankrupt. They are selling off their current pro......Read More

Vizio Now Number 2 Flat HDTV Seller in America - Samsung Is Tops

A new report came out today showing Vizio climbing above the mighty Sony as the second largest seller of flat HDTVs in America. According the report from iSuppli has Samsung as the clubhouse leader at 20.2 percent of the......Read More

Specialty AV Brands Look To Dealers To "Push" Their Products Over Creating New Consumer Demand

Today more than ever, electronics companies are looking for ways to stay viable and competitive in these times of unprecedented economic hardship. Noteworthy retailers like Circuit City and Tweeter have filed for Chapter 7 liquidation. Manufacturers of brands that are......Read More

DirecTV Investor Lends Over $500,000,000 To Sirius XM (SIRI)

Liberty Media which owns a controlling interest in DirecTV, the leading satellite television provider, has agreed to lend $530 million to struggling satellite radio provider Sirius XM. The loan comes on the eve of rumors that Sirius XM was going......Read More

Pioneer To Leave The HDTV Business - Slashing 10k Jobs

Japanese electronics powerhouse, Pioneer, announced today that it would be ceasing production of HDTVs by March 2010 according to published reports. The company will cut over 10,000 job as its third quarter earnings were poor and as they head towards......Read More

Is Dish Network Looking To Get More HD Bandwidth By Buying Sirius XM?

Terrestrial radio is dead and buried and satellite radio is in intensive care as rumors leaked yesterday that Sirius XM has sought the advice of a firm that can help them get bankruptcy protection. Sirius begged to be allowed to......Read More

Elevator Music Kings Muzak File For Chapter 11

The kings of elevator music, Muzak, filed for Chapter 11 bankruptcy protection today in Wilmington, Delaware. The South Carolina based company cited less than $50,000 in assets but over $500,000,000 in debt as part of the reason for the protection......Read More

Sirius XM In Fear Of Takeover From EchoStar (Dish Network)?

Sirius Chief Executive Officer, Mel Karamzin, got his wish in 2008 when the government allowed him to merge with the only other commercially viable satellite radio provider - XM Radio - but little was said about how he was going......Read More

Sunday's Super Bowl Was 2nd Biggest TV Broadcast of All-Time

According to ratings gurus, Nielsen, NBC's broadcast of the Super Bowl between the Arizona Cardinals and the Pittsburgh Steelers was the second largest television broadcast of all time. The revised numbers from Nielsen showed 98.7 million viewers versus 106 million......Read More

Porn Interrupts Super Bowl Broadcast In Tucson

For Cardinal fans there really wasn't anything that pornographic about their team coming up limp in yesterday's Super Bowl however for about 10 seconds for subscribers of Comcast cable - there was some pretty scandalous content on screen. Published reports......Read More

Netflix Pops 45% Gains In Q4 In Terrible Economy

Now we know what people have been doing with their spare time after being fired - they are watching rented movies. Online movies rental house Netflix announced today an impressive 45 percent increase in profit in the fourth quarter. Revenue......Read More

U.S Credit Freeze Hurting The Home Theater Business Badly

You know you got trouble in the world economy when the most wealthy people with the absolute best credit are getting cut off from access to credit and its effects do in fact trickle down to every element of the......Read More

Sirius-XM (SIRI) To Raise Rates While Destroying Programming

Consumer electronics industry's trade publication TWICE is reporting that they have confirmed that Sirius-XM will be raising rates for their best subscribers - the ones with multiple accounts - from $6.99 per month to $8.99 per month. The company will......Read More

CES 2009 Home Theater and Audiophile Highlights - Jerry Del Colliano

CES 2009 Show Overview Considering the economic climate and despite the fact that a solid number of big name players decided to stay home, CES 2009 wasn't the bomb of a show that some had predicted. There were no real explosive......Read More

Mark Levinson, Lexicon and Revel To Merge To With Harman Professional - Over 130 Jobs Lost

Mark Levinson is considered by many audiophiles and industry types to be the loftiest brand in the specialty AV business, but today, despite their ultra-profitable and high-profile Lexus premium car audio deal, the brand and with its sisters, Lexicon, Revel......Read More

CES 2009 Report From HomeTheaterReview.com Editor Andrew Robinson

As I sit here on the plane flying home to L.A., I can't help but be a touch disappointed by this year's CES show in Vegas. Many of the high-end players were MIA or showing static displays only, while others......Read More

Polk, Bose & Video Players To Suffer From Circuit Liquidation

When the Big Three automakers were begging for money on Capital Hill a few weeks back, the biggest threats they had going for them were that not only could 3,000,000 jobs be lost if they closed their doors but upwards......Read More

Circuit City Liquidates But Could Be Reborn After Auction

Today is the day that damaged big-box retailer Circuit City finally gave up its will to live as the company transitioned from Chapter 11 reorganization to the much more serious Chapter 7 liquidation bankruptcy. The company will likely start the......Read More

CES Show Attendance Slips To 110k At First Report

The Consumer Electronics Association (CEA), the host of the Vegas party known as CES, reported that their unaudited attendance for the trade show was about 110,000 people. The 2009 numbers are down from an audited 141,000 in 2008. The CES......Read More

Obama Calls For Feb. 17 DTV Switchover Delay

With the consumer electronics and home theater world focused on the Consumer Electronics Show in Las Vegas, President-elect Barack Obama is calling for a delay in the much ballyhooed DTV switchover that would cut off analog broadcasts. Nielsen studies suggest......Read More

DTV Converter Coupons Now On First-Come First-Served Basis Because of Vast Consumer Demand

The National Telecommunications and Information Administration (NTIA), a bureau of the United States Commerce Department, announced yesterday that they are having a hard time keeping up with the demand for coupons for digital TV converter boxes that will keep traditional......Read More

CDs Sales Tank in 2008 While Blu-ray, Downloads and Even Vinyl Boom

Just when you were thinking, "When will the music industry get it through their thick skulls that the compact disc is a dead audio format?" come new numbers from Nielsen that show that the CD is even more dead than......Read More

Viacom and Time Warner Find Middle Ground In TV Channel Fee Deal

Try telling your kids that SpongeBob isn't going to be on anymore. Tell them Dora went to explor-a on satellite and that you have cable. I doubt they will understand that in these tough economic times that television executives are......Read More

Will CES 2009 Flop Because of The Sagging Economy?

The Consumer Electronics Show (CES, as it is known) is the undisputed champion of all trade shows, packing record numbers of geeks, suits and porn stars into Las Vegas every January to oooh and ahhh over all of the latest......Read More

Panasonic Buys Sanyo

Electronics giant Panasonic just got a lot bigger with the 6 billion dollar plus acquisition of Sanyo. The deal gets Panasonic one of the largest projector manufacturers in the world as well as a company known for batteries and......Read More

Best Buy Offers Buyout To 4,000 Employees and Stock Soars

Best Buy, who has seemed to operate above the ugly economic fray of the past six months, announced today that they are pulling in the reigns with their spending as offering buy-outs to nearly every one of the 4,000 headquarters......Read More

Improving The Carbon Footprint of Your Home Theater

Everyone currently living on the planet Earth, other than perhaps the executives at Exxon-Mobil and some of the OPEC producers, watched in agony as the cost of oil shot from $50 to $150 per barrel in recent months, causing a......Read More

Sony Cuts 16,000 Jobs as the Entire AV Business Cuts Back In Hard Economic Times

Sony Electronics announced today that they plan to eliminate upwards of 16,000 full-time and contract workers from their electronics business in order to deal with the slumping global economy. Sony has been on something of a roll, having won the......Read More

WADIA Founder, Don Wadia Moses Dies

Don Wadia Moses, one of the pioneers in the audio industry, passed away on November 29, 2008. Audiophiles know and appreciate the WADIA brand name and its audio legacy but Don's legacy reaches far deeper than his ground-breaking work in......Read More

NEW HOME THEATER AND AUDIO/VIDEO REVIEW SITE LAUNCHES AT HOMETHEATERREVIEW.COM

BEVERLY HILLS, CA - November 14, 2008 - Leading home entertainment industry publisher Jerry Del Colliano announced his latest venture today with the launch of a comprehensive home theater review site at HomeTheaterReview.com. Del Colliano has a proven record of......Read More

QED Cables Issues HDMI White Paper

HDMI: The Bigger Picture' Describes Key Elements of the Technology and QED's Signature, Reference and Performance Series Cable ProductsLenbrook America, exclusive U.S. importer of QED, a British specialist cable brand, is pleased to announce the availability by QED Cables of......Read More

Dr. Floyd E. Toole Receives 2008 CEDIA Lifetime Achievement Award

Harman International Industries, Incorporated, announced today that Dr. Floyd E. Toole has received the CEDIA Lifetime Achievement Award for 2008. The award recognizes leaders who have exhibited outstanding creative and visionary leadership in, and contributed to the growth and advancement......Read More
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Today's Top Story

California Passes Anti-Flat-HDTV Legislation To Try To Save Energy

California Passes Anti-Flat-HDTV Legislation To Try To Save Energy -

As a resident of California who owns a "green home" complete with new windows, high efficiency air conditioners, space-age insulation and drought tolerant planting on over two acres of hillside - today's decision to toughen standards on HDTVs is a... Click for more...

Latest Industry Trade News

California Passes Anti-Flat-HDTV Legislation To Try To Save Energy -

As a resident of California who owns a "green home" complete with new windows, high efficiency air conditioners, space-age insulation and drought tolerant planting on over two acres of hillside - today's decision to toughen standards on HDTVs is a... Click for more...

Rumor: You Tube To Be Releasing 1080p Video -

Online review site, Lifehacker.com, is reporting that Google's uber-popular, free video download site, YouTube.com, will be launching a 1080p HD video service in the next few days. This news comes as players like Microsoft and Apple jockey for position in... Click for more...

Meridian Opens a Concept Store in Bangkok -

Meridian together with its exclusive distributor in Thailand, MRD Audio Co., are launching the first Meridian Concept store in the world in the centre of one of the world's most vibrant and exotic cities, Bangkok. The Meridian Concept store, situated... Click for more...

Too Big To Fail: AV Manufacturers Look To Big Distributor AVAD For Their Future -

Anybody who listens to the news in the last year or so has heard the term "too big to fail" when it comes to America's banks. Just in 2009 alone 209 banks have failed while taxpayers have "bailed out" larger... Click for more...

VIZIO Licenses Digital TV Patent Portfolio to SONY - Ends Dispute -

VIZIO announced that Sony Corporation has become a licensee under VIZIO's patent portfolio. VIZIO owns a substantial worldwide patent portfolio directed to digital television technology. "We are pleased with the result of our patent licensing efforts. It further demonstrates the... Click for more...

AV's Next and Biggest Generation of Clients Deeply Affected By Unemployment and Under-employment -

Baby Boomers have been the driving force behind both the audiophile business and most of the two-decade long rise in popularity of home theater. Economically for Boomers there have been far more good times than bad, with recessions feeling more... Click for more...

Samsung and Blockbuster Ink VOD Deal For HDTVs and Players -

Samsung and Blockbuster just announced the immediate availability of Blockbuster's vast and growing library of premium digital entertainment for rent or purchase on select 2009 Samsung HDTVs, Blu-ray players and Blu-ray integrated Home Theater Systems. Specific models featuring the new... Click for more...

Consolidation Is Taking the "Special" Out of Specialty Audio-Video -

I remember the first time I met Mark Cuban. My father, when he was the publisher of radio trade publication Inside Radio, ran a high end convention for top level radio executives that featured speakers like Peter Drucker and Steven... Click for more...

What if HDMI Actually Worked? -

Let me be clear with the fact that without HDMI there wouldn't be volumes of 1080p HD content, complete with beaming video, 7.1 uncompressed HD audio and all of those feature-laden supplemental materials that we get from Blu-ray. At the... Click for more...

Dynaudio's Puccini Sound System For The New Bugatti Veyron Grand Sport -

When launched, the Bugatti Veyron set new benchmarks in engineering and performance for a Super Sport, so when developing an audio system for the new Bugatti Grand Sport only the best would do. The all-new Puccini Sound System features dedicated... Click for more...