News

Following a recent announcement of "diminished expectations" for the near future (see previous story) and a shakeup of upper management---in which Consumer Group marketing honcho Tom Jacoby was put out to pasture and audio guru Floyd Toole was promoted to senior vice president of acoustic and transducer engineering---Harman International Industries has put the finishing touches on a new 10,000-square-foot audio laboratory. At company headquarters in Northridge, CA, north of Los Angeles, the laboratory includes a 10,000-cubic-foot anechoic chamber for testing and measuring loudspeakers, and a multichannel room with computer-controlled, hydraulically operated platforms for positioning front left, center, and right speakers (a reviewer's dream!).

In a move that is likely to push record labels into the uncharted territory of direct sales, BMG has announced its intention to add in-house sales to its network of music sites. "BMG will be moving in the fall to its own fulfillment capability because of the demands of consumers," said senior vice president Scott Dinsdale at the Business Online 98 conference in San Francisco last week.

Fiscal year 1998 will be one of diminished expectations for Harman International Industries, Chairman Dr. Sidney Harman announced last week to assembled analysts and fund managers at a meeting in New York. He laid much of the blame on the continuing economic slump in Asia.

On June 17, Carlton Communications, owner of Technicolor, announced that it has entered into a merger agreement to acquire Nimbus CD International, one of the world's largest independent manufacturers of optical discs, including CD-Audio, DVD, DVD-ROM, and CD-ROM.

With the plethora of CD and DVD formats out there, it can be confusing figuring out what will work with what. Standards can help define specifications for a particular format, but often do little to guarantee compatibility between them.

From the Show:

Hundreds of manufacturers will be demonstrating state-of-the-art audio products at HI-FI '98---some of which have never before been seen by the public. Here is the last installment of announcements: