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Thursday, 28 August 2003 ,  Written by Jerry Del Colliano reported a few weeks back that upstart AV company Tag McLaren Audio(TMA) was performing a strategic review of their company and would be ceasing operations until the results were in. The result of the review are: 1. TMA will remain in its purpose-built facility in Huntingdon, Cambridgeshire. 2. TMA will continue to manufacture its product range. 3. TMA will focus on home cinema products. 4. TMA will maintain ongoing Research and Development. 5. TMA will provide after sales support, including Helpdesk, Service & Maintenance. 6. TMA will be resized to match its home cinema product range. This is good news for existing clients, dealers and prospective clients. With the goal of making AV gear with the speed of a F1 car and the precision of a fine timepiece, Tag McLaren is one of the most exciting new AV companies to come along in a while.
Wednesday, 30 July 2003 ,  Written by Scott Selter
Manufacturer-to-dealer sales of digital television (DTV) products reached new heights during the second quarter of 2003 with year-to-date unit sales totaling 1,438,713 and dollar revenues of more than $2.1 billion, according to figures released today by the Consumer Electronics Association (CEA). The 2003 second quarter sales surpassed the 2002 second quarter total by 69 percent in units and 43 percent in dollars. During June, factory-to-dealer sales of DTV products totaled 365,210 units with dollar revenues of some $524.1 million. These figures represent an increase of 110 percent and 81 percent, respectively, compared to June 2002. CEA defines DTV products as integrated sets and monitors displaying active vertical scanning lines of at least 480p and, in the case of integrated sets, receiving and decoding ATSC terrestrial digital broadcasts.
Tuesday, 29 July 2003 ,  Written by Scott Selter
TAG McLaren Audio Limited has ceased development of new products and will commence a full strategic review of its participation in the audio market. Since its inception in 1998, TAG McLaren Audio has dedicated itself to producing quality audio and audio visual equipment. The present world economy has had a significant impact on the market for high quality audio and audio visual products and this has made it increasingly difficult to operate on commercially acceptable margins consistent with the levels of development investment required.
Friday, 18 July 2003 ,  Written by Jerry Del Colliano
In a move designed to cut down on AOL Time Warner’s staggering debt, the company is reportedly selling its CD and DVD pressing plants to a Canadian Company for $1,000,000,000 in cash. While the move helped AOL’s stock today one has to wonder what it means to its long term plan as a record label and home video company. One of the biggest problems facing Sony Music and Universal Music Group is finding pressing plants that can make enough hybrid SACDs to keep up with the demand for the new format. Many new plants have been opened since the advent of SACD reportedly with support from Sony. AOL Time Warner’s move seems to be in the exact opposite direction.
Wednesday, 02 July 2003 ,  Written by Jerry Del Colliano has learned that Harman International is consolidating the operations of what used to be Madrigal (Mark Levinson, Revel and the now defunct Proceed brands) with Lexicon’s operations in Massachusetts. The entire manufacturing process is being moved to consolidate computer systems, inventory and beyond. “The goal of the program” says Wayne Morris, the President of Harman Specially Group, “is to increase both the reliability of Lexicon and Mark Levinson's products while being able to get to market more quickly with new products that consumers want to buy.”
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