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Industry Update

Wes Phillips Sep 03, 2006 First Published: Sep 03, 2006

Amina Tech Plaster-In-Walls: http://www.amina.co.uk./"> Amina Technologies Ltd. of Huntingdon, England is introducing its Plaster-In-Wall speakers to the American market. The Plaster-In-Walls employ NXT-patented high-power flat diaphragms to create "undetectable in-wall or in-ceiling speakers." NXT technology is said to offer improved dispersion characteristics over conventional speakers, making location and listening position far more flexible, according to Amina.

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Nonesuch Donates $1 Million to Katrina Relief

Jason Victor Serinus Sep 03, 2006 First Published: Sep 03, 2006

On August 29, Nonesuch Records gave its first donation of $1 million to Habitat for Humanity International. The funds, raised in only eight months through sales of 150,000 copies of Nonesuch's superb benefit album Our New Orleans 2005, will be used to build homes for displaced musicians and others in the New Orleans Habitat Musicians' Village, whose centerpiece will be the Ellis Marsalis Center for Music.

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NHT Appoints Mary Cardas NA Sales Manager

Wes Phillips Aug 27, 2006 First Published: Aug 27, 2006

Andy Regan, NHT's senior vice-president of sales and marketing, could barely contain his glee. "I'm happy—no, I'm proud—no, I'm happy and proud to announce that Mary Cardas is NHT's North American sales manager."

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Polk Audio Acquired by Directed Electronics

Wes Phillips Aug 27, 2006 First Published: Aug 27, 2006

On August 21, Directed Electronics, Inc. announced that it had entered into a definitive agreement to acquire Polk Audio for $136 million in cash, with the deal to close in Q3 of 2006. Current Polk management will join Directed, and company founder Matthew Polk and Polk president Jim Herd will sit on Directed's home audio advisory board. File this one under the you can't make this stuff up department: Sandy Gross, founder of Directed's other loudspeaker company, Definitive Technology, already sits on the board, which makes Polk's presence there a homecoming of sorts, since Gross was a founding partner at Polk.

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Warner Bros. "Gives Up" on Classical

Wes Phillips Aug 20, 2006 First Published: Aug 20, 2006

This is old news, but you may not have read it anywhere: Warner Classics no longer exists as an "active" label. Gramophone published a news item breaking the story on June 2 and Norman Lebrecht apparently analyzed and excoriated the move in his La Scena Musicale web log shortly thereafter. We say "apparently," since Lebrecht's site now reads www.scena.org is now expired.

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Klipsch Group Acquires API

Wes Phillips Aug 20, 2006 First Published: Aug 20, 2006

On August 15, Klipsch Group, Inc. announced the acquisition of Canadian firm Audio Products International Corp. (API), one of the largest speaker manufacturers in the world. API, which makes loudspeakers under the Mirage, Energy, Spherez, Sound Dynamics, and Athena Technologies brands, was founded in 1973 and is sold in over 50 countries worldwide. Klipsch, which makes speakers under the Klipsch marque as well as Jamo, was founded in 1946 by legendary speaker designer Paul W. Klipsch and has become "the largest stand-alone speaker manufacturer in the US."

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Industry Update

Wes Phillips Aug 13, 2006 First Published: Aug 13, 2006

Audia Flight: Musical">http://www.musicalsounds.us/">Musical Sounds will be distributing the Italian electronics manufacturer Audia">http://www.audia.it/">Audia Flight's line of components in North America. Audia Flight manufactures the CD One CD player, Flight 100 and Flight 50 power amplifiers, Flight ONE integrated amplifier, Flight PRE preamplifier, and Flight 3.100 multichannel amplifier. (North American prices TBA)

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Tech Emmys Move to CES

Wes Phillips Aug 13, 2006 First Published: Aug 13, 2006

The International Consumer Electronics Show (CES) will play host to the Technology & Innovation Emmy Awards for the National Academy of Television Arts and Sciences (NATAS) in January 2007. The awards ceremony will be the CES' opening event on January 8, 2007, and will kick off the show's 40th-anniversary celebration.

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Dean Roumanis

Wes Phillips Aug 06, 2006 First Published: Aug 06, 2006

Dean Roumanis, chief operating officer and part owner of Krell Industries, died Sunday, July 30, of a heart attack, one day after being taken to the hospital following chest pains he experienced after a long bicycle ride. He was 52.

News

Industry Update

Wes Phillips Aug 06, 2006 First Published: Aug 06, 2006

No CDs for you, Tower: The Los Angeles Times reportedhttp://www.latimes.com/business/la-fi-tower4aug04,0,736949.story?coll=l…; August 4 that Universal Music Group, Warner Music Group, and EMI have cut off CD shipments to Tower Records because the record chain has stopped paying its bills. Sony BMG may have also stopped shipping to Tower, but the Times was not able to confirm those reports.