The Music Online Competition Act (MOCA) has won the imprimatur of the Consumer Electronics Association (CEA), according to an announcement made August 8. The recently-introduced bipartisan bill crafted by Congressmen Chris Cannon (R-Utah) and Rick Boucher (D-Virginia) intends to insure competition in the delivery of online music—and to preserve music lovers' rights to copy their own recordings for private use.
Music industry executives widely believe that "ring tones"—snippets of favorite tunes—and music downloadable to cell phones will be the next big trend, perhaps one that could help restore some luster to the industry's tarnished bottom line. "Music-related products for PCs and mobile phones are on pace to deliver as much as $500 million in combined revenue in the US for 2004, according to Nielsen SoundScan figures and analysts' projections," reported Brian Garrity in a mid-December issue of Billboard.
Cello, one of high-end audio's most prestigious names, is being revived by one of its former executives. Jim McCullough, who served as the brand's last vice president of international business development, has formed a new company, Matthew James LLC, which will make and market Cello electronics.
Now there are three—Cello spinoffs, that is. More than two years ago, prior to Cello Technologies' ill-fated expansion, company founder Mark Levinson departed to create Red Rose Music. Late in 2000, former vice president of business development Jim McCullough formed Matthew James LLC, which will make and market a new generation of Cello electronics. In early April, Viola Audio Labs announced its debut.
Cello Music and Film Systems is not merely one of the world's most prestigious names in audio and video. This week, a plush restaurant is opening at the company's new headquarters at 53 East 77th Street (212 517-1200) on Manhattan’s Upper East Side. Cello, as the bar/restaurant/garden is appropriately named, will serve dinner by invitation only until mid-June, when it will be opened to the public, according to Florence Fabricant in the May 19 edition of the New York Times.
Returned products are problematic for consumers, retailers, and manufacturers. Returns have always eaten into profits in the audio and video business. Everybody knows that. What isn't widely known is that the Consumer Electronics Manufacturers Association sponsors an annual conference to help deal with the problem.