News

The "world's largest bookstore" may be on its way to becoming one of the biggest music stores, too. Two weeks ago, Amazon.com began a big push into CD retailing, more than doubling the number of its musical offerings to over 100,000 titles. (Competitor CDnow offers over 500,000 titles.) Visitors to the Amazon website can now click on a tab that will take them to a new music site, where they can listen to audio previews and read reviews, reprints of articles on bands and musicians, and music-industry news.

From the Show:

On Wednesday evening, June 10, The Academy Advancing High Performance Audio & Video held its 1998 Golden Note Awards at the Marina Del Rey Ritz-Carlton. Following an address by John Hoskins of the Advantage Performance Group, a sales consulting firm, the amiable awards ceremony was MC'd by Paradigm's own stand-up comedian, Rob Sample. AAHPAV's ceaselessly energetic Chairperson Sue Regan assisted in the presentations, as did Academy President Joe Picirilli. And the hard-working winners (drum roll, please) are . . .

Both Sonic Frontiers Inc. and The Lenbrook Group of Ontario, Canada stated June 5th that they will not be proceeding with a deal announced earlier.

Engineering facilities and a finished-goods warehouse at Altec Lansing Technologies' Milford, Pennsylvania, headquarters were damaged by fire late Sunday, May 31. The blaze was said to have been exacerbated by severe weather. No injuries were reported.

The practice of "Transshipping"---selling a product outside one's designated territory---is widespread in the audio industry. It's commonplace for dealers to sell not only to walk-in customers, but also over the telephone or Internet to customers in other dealers' territories, usually at discounted prices. While not problematic on a small scale, the practice favors large-volume dealers over smaller ones, and is almost always a violation of a dealer's agreement with a manufacturer.