One might assume that the mutually dependent businesses of electronics manufacturing and retailing would track each other in perfect unison. That's often true, but they can sometimes get wildly out of sync with each other. It's one of the great economic mysteries.
<A HREF="http://www.thewiz.com/wiz/app/CeMain">The Wiz</A> may not be long for this world. On Monday, February 10, <A HREF="http://www.cablevision.com">Cablevision Systems Corporation</A> announced that it would sell or close its remaining 17 consumer electronics stores, all in the New York metro area, New Jersey, and Connecticut. The announcement came only a few days after Circuit City announced major <A HREF="http://www.stereophile.com/news/11569/">cutbacks</A> of its workforce and the elimination of sales commissions.
Incubus is following the Dixie Chicks' lead.
The continuing recession is hitting <A HREF="http://www.circuitcity.com">Circuit City</A> hard.
The <A HREF="http://www.ce.org">Consumer Electronics Association</A> (CEA) has responded to an ongoing copyright infringement <A HREF="http://www.stereophile.com/news/11562/">suit</A> being pursued in a US District Court by the music industry against Verizon Communications, Inc.
In <I>Star Trek: The Wrath of Khan</I>, the evil overlord's favorite torture was to introduce carnivorous worms into the ear canals of his prisoners. No one who saw the film can forget the agony of the victims, who gradually went insane as the worms ate through their brains.
Clear Channel Communications, the radio industry's 900-lb gorilla, may be getting too big for its britches.
Retailing can be a rough ride even in the best of times. In the current climate, it’s especially hard for those trying to make a go of it with recorded music.
The new year ushered in several significant personnel changes for the audio industry.