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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.
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 AVRev.com
Creative Technology Ltd. announced several key breakthroughs in PC audio with the introduction of the new Sound Blaster® Audigy™ 2 sound cards. Millions of PC users who have a DVD-ROM drive on their PC can use the Sound Blaster Audigy 2 to experience Advanced Resolution™ DVD-Audio with 24-bit/192kHz sound quality.
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.
Tuesday, 24 September 2002 ,  Written by Scott Selter
Harman Sells Madrigal To Vidikron Spin-Off – Crystal View This isn’t the first time Harman, the largest U.S. AV company, has given up on manufacturing home video projectors. Some AV industry analysts say they got screwed by JVC on digital projectors too badly to stay in that market and the CRT projector market (Runco, SIM2 Seleco, Accurate Imaging, Sony, Crystal View and many others) isn’t large enough to merit Madrigal’s R&D, marketing efforts and resourses. Thus they will sell the video portion of their high line products to Crystal View, the company that is picking up, in part, where Vidikron left off.
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