Barry Willis

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Barry Willis Posted: Jan 19, 2004 Published: Jan 20, 2004 0 comments
Manufacturers sometimes suspect that they have been intentionally slighted if they don't get mentioned in a Stereophile show report. The truth is that the overwhelming enormity of the Consumer Electronics Show (CES) prevents even the most aggressive journalists from seeing everything. (SGHT editor Tom Norton may be the sole exception.)
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Barry Willis Posted: Jan 19, 2004 Published: Jan 20, 2004 0 comments
Parasound wins design award: Only a week after receiving a Stereophile 2003 "Product of the Year" award at the Consumer Electronics Show in Las Vegas for its excellent Halo JC-1 monoblock power amplifier—Richard Schram is shown accepting the award (right)—Parasound Products won a 2003 "Good Design Award" from the Chicago Athenaeum Museum of Architecture and Design. The company's Halo C1 preamp/surround sound processor emerged on top in the museum's annual design competition, "one of the oldest and most important such events in the world," according to a January 16 announcement from Parasound. The C1 and other winners will be on exhibit in the museum from April 3–June 13, 2004. Opening day of the exhibit will be populated with dignitaries, design professionals, and representatives of the press.
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Barry Willis Posted: Jan 05, 2004 0 comments
Is the music industry in the early stages of a turnaround? Sales of recorded music in the US declined by less than 1% in 2003, according to figures released December 31 by Nielsen SoundScan.
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Barry Willis Posted: Dec 29, 2003 0 comments
The last months of 2002 were uneven ones for electronics retailers. American consumers, apparently trying to stretch their home entertainment dollars as far as possible, patronized discount stores while bypassing more upscale competitors.
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Barry Willis Posted: Dec 29, 2003 0 comments
Price fixing rumors squashed: On Tuesday, December 23, the US Department of Justice officially ended a two-year investigation of price fixing by major record labels, with a report that it had found no evidence to support any of the allegations. The investigation began in summer 2001 and concentrated primarily on online music service MusicNet, a joint venture by Warner Music Group, EMI Group, BMG Entertainment, and RealNetworks; and Pressplay, a joint venture by Sony Music Entertainment and Universal Music Group. The majors had been accused of conspiring to keep startups out of the online music distribution business.
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Barry Willis Posted: Dec 29, 2003 0 comments
Satellite startup XM Radio got a nice Christmas gift on December 24—an infusion of $450 million in new financing that should sustain it well into 2004.
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Barry Willis Posted: Dec 22, 2003 0 comments
The Recording Industry Association of America (RIAA) has lost a couple of important rounds in its fight against file sharing.
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Barry Willis Posted: Dec 22, 2003 0 comments
The music industry's traditional packaged-goods retail business may be continuing its long decline, but the sale of downloadable tunes is hot and getting hotter.
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Barry Willis Posted: Dec 08, 2003 0 comments
Bronfmans bid Vivendi adieu: On Wednesday, December 3, Edgar M. Bronfman and his son Edgar Bronfman, Jr. officially resigned from Vivendi Universal's board of directors. The move followed an announcement by Time Warner that it would accept a $2.6 billion offer for its Warner Music Group (WMG) from an investment group led by the younger Bronfman.
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Barry Willis Posted: Dec 08, 2003 0 comments
Retail may be bouncing back. Best Buy, North America's number one electronics chain, reported an 18% gain in total sales for its third quarter ended November 29. The Richfield, MN–based operation posted $6.03 billion in total sales, with same-store sales up 8.6%.

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