A recent email soliciting acquisition partners has given rise to a rumor that George Tice is leaving audio. "Far from it," said the AC power-conditioning pioneer from his Jupiter, FL office. "I want to accomplish three things: move this company to the next level; devote more of my energy to research and engineering; and spend more time with my family." These goals are going to require a well-organized team effort, he insists.
Stereophile writers and editors were saddened to learn of the June 27 death of colleague Timothy White, editor-in-chief of Billboard magazine. White collapsed of an apparent heart attack in an elevator at Billboard's New York offices and died shortly thereafter at St. Vincent's Hospital. He was 50.
In early June, Toshiba will institute a new retailing program that embraces the Internet but favors traditional retailers. The electronics manufacturing giant will have "a defined group of Internet retailers" that will be built on a base of traditional retailers, according to an announcement made in late April. Later, the program will be expanded in stages to include Internet-only retailers. The announcement follows an announcement by Sony Corp. late in January that Sony would begin direct Internet sales this year.
The fate of Tower Records has been the subject of music industry speculation for months. The company's financial difficulties have been no secret; several stories recently appeared alluding to a new Tower policy of making some suppliers share the burden—especially distributors of small specialty classical labels.
Using personal computers to listen to music may be heresy in some audiophile circles, but the practice is definitely on the rise. Recognition of the fact has led at least one maker of computer motherboards to introduce a model with a vacuum-tube audio circuit.
The one-two punch known as the Holiday Season is only half finished; Christmas is simply the warmup for the biggest blowout of the year. For a successful New Year's party, the only ingredient more essential than a well-stocked liquor cabinet is an ample supple of party tunes. (Recommended accessory: a reliable CD changer. It's hard to play host and DJ at the same time.)
Large companies may be chopping jobs by the thousands, but there are signs elsewhere that the economy is still booming. Recent figures from electronics retailers Best Buy and the Tweeter Home Entertainment Group and from Sony Electronics indicate only a partial slowdown in spending for quality audio/video gear.
Success begets success. Canton, Massachusetts-based Tweeter Home Entertainment Group, Inc. announced February 2 that it has acquired Home Entertainment of Texas, Inc. The acquisition gives Tweeter a solid foothold in the Southwest, and is the latest in a takeover campaign that has enveloped two successful regional chains in each of the past two years.