Weekly AUDIO NEWS for August 22, 2001
Digital Audio & Home Theater Sales Up - The Consumer Electronics Association reports an increase of manufacturer-to-dealer sales during the second quarter of 2001 in the areas of DTV, DVD players, separate speakers and home-theater-in-a-box systems. There was a 90% increase in sales of DTV products and DVD player sales were up 9% over the same period last year. The one-box home theater speaker solution showed a growth of 101%, indicating the growing interest in the home theater experience but as a simpler and more affordable setup situation. Sales of large subwoofers increased dramatically in June. Portable audio products capable of playing MP3 and other compressed digital files rose by 124%.
Amazon.com to Offer Circuit City Products - Thousands of items sold by Circuit City stores will soon be offered by Amazon on its web site, but customers will still have to pick them up at their local Circuit City store. Amazon will process orders and Circuit City will be responsible for filling them. The web retailer is counting on a holiday season buying spree to finally reach operating profitability.
Kenwood Introduces High-Tech Home Entertainment Hub - The Sovereign Entré entertainment hub combines an entertainment control center with an audio server, digital audio recorder, Internet radio and more. It is being premiered next month together with the world's first DVD-Audio/Video mega-changer featuring Faroudja progressive scan. A Kenwood strategic partner, OpenGlobe, provides Internet services to users of the Entré, including title and track information for DVDs and CDs.
Return to Top of This Page
Return to the JULY-AUG. 01 Home Page
To Index of Audio News