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Tuesday, 01 October 2002 ,  Written by Jerry Del Colliano
Runco Buys Vidikron and Projectavision In a surprising move at the CEDIA 2002 trade show, Runco a leader in the world of high end video, purchased the assets and brand name of one of their biggest competitors – Vidikron along with the name and assets of Projectavision. This comes one week after Harman sold its high end video company, Madrigal Imaging, to Crystal View, the company who has been servicing Vidikron projectors since Vidikron’s exit from the consumer market earlier this year.
Tuesday, 01 October 2002 ,  Written by Jerry Del Colliano
A suit brought against the big five music conglomerates and a handful of the largest music retailers over price fixing has been settled for a groundbreaking $143,100,000. The judge ruling over the case has yet to approve the deal. The crux of the argument against the labels and retailers was that the media conglomerates and retailers agreed to illegally inflate the cost of CDs from 1995 to 2000 resulting in serious claims of anti-trust and price fixing.
Tuesday, 01 October 2002 ,  Written by AVRev.com
Prince's production company, Paisley Park Enterprises, is suing Matthew Lankford, the operator of the website FreeMyHeart.com claiming that the site allegedly offered pirated recordings of Prince’s live performances from his "Xenophobia" concert tour. The website is actually a Me’Shell Ndegeocello tribute site however the lawsuit claims that the site allowed users to download Prince songs that included "specific information describing which day the unauthorized recording of the 'Xenophobia' concert took place."
Friday, 27 September 2002 ,  Written by Jerry Del Colliano
During an interview on The Howard Stern Show last week, Hole front-woman, Courtney Love, announced that she and former Nirvana band mates had come to an agreement which will allow a new Nirvana record to make it to store shelves by the holiday season. The reason for the deal according to Love was pure and simple – cash. She claims that the wounds between her and the remaining elements of Nirvana are healed getting along. That includes Foo Fighter’s frontman, Dave Grohl. Source: The Howard Stern Show
Wednesday, 25 September 2002 ,  Written by Jerry Del Colliano
Justice Department Frowning on DIRECTV and Echostar Merger Could Mean Setback For DSS HDTV CNN and other news agencies are reporting that staff in the U.S. Justice Department are not in favor of the pending merger of the two top digital satellite TV manufacturers – GM’s DIRECTV and Echostar’s Dish Network. The reason for the lack of support for the merger is reportedly that there are only two competitors in the DSS market and the deal will leave people who can’t get cable or terrestrial TV with only one satellite TV option. Echostar and GM argue that cable TV companies own over 80 percent of the pay TV market and merging is the best way for them to compete.
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