Mid-Year Audio Sales Revenues at All-Time High
Last week, the Consumer">http://www.ce.org">Consumer Electronics Association (CEA) released numbers indicating that factory audio sales (as opposed to sales through to consumers) for the first six months of 2000 have surpassed all previous mid-year dollar sales. The CEA adds that the $3.85 billion in sales to dealers put audio sales 12% ahead of the same time last year.
Mid-Year Reports: Electronics Makers, Retailers Thriving
The consumer-electronics industry is riding the wave of a still-booming economy, according to most mid-year reports. Although the generally rosy picture is marred by a few glitches, both equipment makers and retailers say that sales continue to soar.
Middelhoff Departs Bertelsmann
Late July was a volatile period for the music industry. On the 29th, Bertelsmann CEO Thomas Middelhoff announced his resignation. The "young lion" who ushered the German media conglomerate into the Internet age—and into an ill-advised $100 million investment in now-forgotten Napster—apparently had a very different vision for the future of the company than does the Mohn family, which controls 75% of Bertelsmann stock. "Shareholders had mid- and long-term development prospects that were different from mine," Middelhoff told reporters. "In this context, I had no choice but to resign." Bertelsmann is parent company of BMG, the music giant.
Mike Creek of Creek Audio Buys Epos Speaker Brand
The final piece of the TGI/Mordaunt-Short/Epos jigsaw puzzle (see previous">http://www.stereophile.com/news/10343/">previous story) seems to have fallen into place, with the news that Mike Creek (of the UK's Creek Audio) is purchasing the Epos loudspeaker brand, effective March 1.
Mike Elliott offers service to Counterpoint owners
As part of the reorganization process at Counterpoint, repair and updating of all Counterpoint products will be handled under designer Michael Elliott's direct supervision at a new facility separate from the manufacturing plant.
Mike Kay 19232012
Michael Kakadelis, known professionally as Mike Kay, the New York retailer who owned and ran Lyric for 45 years, died on Saturday, July 14 at age 89.
Miles Davis' Kind of Blue Gets the Web Treatment
The internet has been a boon to music lovers, who now can research almost any piece of music or artist, or shop for obscure discs and memorabilia from a plethora of sources. In an interesting twist on the additional material idea, Sony">http://www.sonymusic.com">Sony Music has been making supplemental content for selected CD releases available on a special website.
Millennia Offers Online Tutorial on Orchestral Recording
One of the best-sounding recordings I've heard in the last few years is Handel's Messiah performed by Jeffrey Thomas and the American Bach Soloists (Delos DE-3360 CD). The sound is spectacularly natural, with realistic dynamics and a wonderful sense of space. If you haven't heard it, I recommend it highly—but Millennia">http://www.mil-media.com/homepage.shtml">Millennia Music & Media Systems is now offering you a chance to experience the recording on a completely different level.
Milwaukee Symphony Goes Binaural
The Milwaukee Symphony Orchestra, which last June became one of the first orchestras in the US to launch its">http://www.stereophile.com/news/101005milwaukee">its own e-label, has now become the first orchestra to offer download-only">http://www.milwaukeesymphony.org/symphonystore/othermerchandise.asp">do… binaural recordings. The binaural process, whose benefits are most apparent to those who listen through headphones, is based on the concept that the best way to reproduce the concert experience is to make sure that the recorded sounds that go into the listener's ears are as close as possible to what would be heard during an actual concert.
Milwaukee Symphony's Digital Brew
The Milwaukee Symphony Orchestra announced the launch of its new e-label, MSO Classics, on October 4. In a worldwide digital distribution deal with IODA, the Independent Online Distribution Alliance, the symphony will draw on its archive of over 300 live performances recorded between 1970 and 2005 for airing on its nationally disseminated radio broadcasts.