Barry Willis

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Barry Willis Posted: Mar 14, 1999 0 comments
The world is mourning the passing of Yehudi Menuhin. The 82-year-old violinist, conductor, author, educator, and humanitarian died of heart failure at Berlin's Martin Luther Hospital on Friday, March 7. He was in Berlin to conduct performances of Brahms and Mendelssohn by the Warsaw Symphony Orchestra.
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Barry Willis Posted: May 05, 2002 0 comments
For Vivendi Universal SA, when it rains, it pours. Just two weeks after chief executive Jean-Marie Messier ousted Pierre Lescure, the president of France's Canal Plus television company—an event that caused demonstrations in the streets of Paris and paroxysms of nationalistic fervor among France's 18 presidential candidates—a complicated stock deal got vastly more complicated, resulting in a $250 million payment due to A&M Records founders Herb Alpert and Jerry Moss.
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Barry Willis Posted: May 27, 2001 0 comments
It's sometimes amazing how courtroom adversaries can become bosom buddies. This week's example: on May 21, Vivendi Universal SA agreed to acquire Internet music portal MP3.com Inc. for $372 million (423 million euros) in cash and stock—or $5.00/share for MP3.com stockholders. The announcement followed Vivendi's April 5 acquisition of Emusic.com for $24 million. The targeted companies' boards of directors unanimously approved both deals. MP3.com will continue to offer music from non-Universal labels, according to a company press release.
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Barry Willis Posted: Mar 28, 1999 0 comments
Accidents and disasters have no sense of good timing, and when they strike have a way of fouling even the most promising love affairs. Case in point: loudspeaker manufacturer Von Schweikert Research and the small town of Watertown (pop. 30,000) in northern New York, about three hours' drive from Toronto.
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Barry Willis Posted: Aug 29, 2000 0 comments
The public auction of the assets of Wadia Digital Corporation has been postponed for at least two weeks, according to an employee of the Minneapolis law firm Siegel, Brill, Greupner, Duffy & Foster, P.A., which is handling the liquidation.
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Barry Willis Posted: Feb 20, 2000 0 comments
Merger mania in high-end land: Loudspeaker manufacturer Hales Design Group and digital audio manufacturer Wadia Digital Corporation are joining forces to create what the companies' executives are calling "new digital products for the new millennium." The announcement was made February 14 at Wadia headquarters in River Falls, Wisconsin.
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Barry Willis Posted: Dec 10, 2000 0 comments
Briefly gone but not forgotten, Wadia Digital will return as a division of Audio Video Research, Inc. (AVR) of Ann Arbor, Michigan, a new company formed in December, 2000 by combining the assets of Wadia and Digital Imaging Corporation. Wadia products, including the 861 and 831 CD players and 27ix processor, will be shown at CES in January, 2001.
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Barry Willis Posted: Sep 17, 2000 0 comments
Venture capital group Shared Ventures is now the legal owner of the assets of Wadia Digital Corporation. Wadia's majority shareholder, Shared Ventures, acquired the company's name, intellectual property, and physical inventory at a public auction in Minneapolis on September 12. The law firm of Siegel, Brill, Greupner, Duffy, and Foster, P/A, of Minneapolis, managed the auction. Originally scheduled for late August, the auction was postponed for two weeks after a flurry of interest following the publication of an official notice in the Minneapolis Star-Tribune.
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Barry Willis Posted: Dec 15, 2002 0 comments
Warner Music Group is supporting efforts by the DVD Forum to create a hybrid dual-layer CD/DVD-audio disc, according to reports from New York the first week of December. WMG, a unit of AOL Time Warner, is one of the music industry's principal backers of the DVD-Audio format.
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Barry Willis Posted: Jul 16, 2000 0 comments
Audiophiles have complained since the earliest days of the compact disc that music reissued in the digital format often doesn't sound as good as it does on the original LPs. For nearly 20 years, such complaints have been dismissed by ordinary music lovers and by music-industry executives as the rantings of purists, but at least one major label is now admitting that many early CDs were not very good.

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