TWICE News
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Kodak Announces More Job CutsBy Greg Scoblete, February 9, 2007Rochester, N.Y. — Kodak will shave an additional 3,000 employees worldwide in its continuing efforts to restructure its business, the company said.
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PMA: Digital Print Growth ContinuesBy Greg Scoblete, February 9, 2007Jackson, Mich. — The number of prints produced from digital cameras continues to grow, according to the Photo Marketing Association’s (PMA) monthly printing and camera trends report.
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Lenovo To Enter Best Buy For BusinessBy TWICE Staff, February 9, 2007Research Triangle, N.C. — Lenovo will begin selling its Lenovo N100 and ThinkPad T60 notebooks through Best Buy for Business locations starting this month.
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Dell Selling Sony BRAVIA LCDsBy TWICE Staff, February 8, 2007Round Rock, Texas - For the first time, Dell has started selling another vendors television models with the recent addition of two Sony BRAVIA LCDs to its online store.
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Traditional PDAs Down, BlackBerry Sales UpBy Amy Gilroy, February 8, 2007New York — Shipments of traditional PDAs continued to slump, down 28.5 percent worldwide, according to IDC.
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HTSA Adds Jamieson’s Audio VideoBy TWICE Staff, February 8, 2007Chester Springs, Penn. — The Home Theater Specialists of America (HTSA) buying group reports that it has signed Jamieson’s Audio Video of Toledo, Ohio, giving the group 58 members.
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Nationwide ‘PrimeTime!’ In Orlando Next WeekBy TWICE Staff, February 8, 2007Orlando, Fla. — Nationwide Marketing Group will kick off the industry’s series of buying group meetings next week drawing more than 3,000 independent dealers and vendors to its semi-annual buying convention, PrimeTime! at the Walt Disney World Dolphin Hotel, here.
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I3A Launches Photo Preservation SiteBy Greg Scoblete, February 8, 2007White Plains, N.Y. — Hoping to rescue digital images from the perils of digital extinction, the International Imaging Industry Association (I3A) launched a consumer Web site aimed at explaining the art of photo preservation in the digital era.
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Discount Chains Report Brisk Jan. Salesby Alan Wolf, February 8, 2007New York – National full-line discount chains said business was brisk in January, with computers, TVs and video games helping to heat up sales.
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PS3 Pushes BD Sales Ahead Of HD DVDBy Greg Tarr, February 8, 2007San Diego — Explosive sales of Sony’s new PlayStation3 (PS3) video game console helped products based on the high-definition Blu-ray Disc platform top sales of products based on the rival HD DVD platform for the first time this month, according to research gathered by market researcher Nielsen VideoScan.
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Tough Choices Ahead For Michael DellBy Doug Olenick, February 8, 2007Round Rock, Texas — With Michael Dell once again at the controls of the company founded in 1984, analysts are trying to cipher out if the company’s long-standing direct-to-customer model is still viable or if a change is in order.
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Circuit City Restructures Amid Flat Panel Profit Woesby Alan Wolf, February 8, 2007Richmond, Va. – Circuit City has overhauled its corporate structure and will close stores in the U.S. and Canada in a dramatic bid to improve its financial performance.
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Auction Begins For JVCBy Greg Tarr, February 7, 2007Tokyo – Three private equity firms are competing in an auction to acquire controlling interest in Victor Co. of Japan, parent of JVC of America, from Matsushita Electric Industrial, according to a report from the Wall Street Journal.
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TiVo, Amazon Offer DownloadsBy Greg Tarr, February 7, 2007Alviso, Calif. — Amazon.com and TiVo announced a partnership to sell downloads of video programs to TiVo DVRs for playback on household TV screens.
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DirecTV Reports Major Sales, Profit IncreasesBy Steve Smith, February 7, 2007El Segundo, Calif.. — The DirecTV Group today reported fourth-quarter revenues increased 16 percent to $4.18 billion and operating profit before depreciation and amortization more than doubled to $915 million compared to last year’s fourth quarter.
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Whirlpool N.A. Posts Higher Q4 Sales, Lower ProfitsBy Steve Smith, February 7, 2007Benton Harbor, Mich. — Whirlpool reported higher sales for its North American operations during the fourth quarter, driven by the acquisition of Maytag earlier in the year, but lower profits for the region.
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Tweeter: Flat-Panel Pricing Stable, For Nowby Alan Wolf, February 6, 2007Canton, Mass. — Tweeter Home Entertainment Group anticipates stability in flat-panel pricing at least through the first half of the year, but fears that the marketplace could heat up again by the back half of 2007.
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Wal-Mart Launches Video DownloadsBy Joseph Palenchar, February 6, 2007Bentonville, Ark — Wal-Mart launched a beta version of its promised video-download service, said to be the first such service to offer movies and TV shows from all major Hollywood studios.
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Panasonic Intros High End AVCHD CamcorderBy Greg Scoblete, February 6, 2007Secaucus, N.J. — Panasonic said today it will ship an AVCHD-based high definition camcorder for the professional market in March.
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DXG Launches Colorful CamcorderBy Greg Scoblete, February 6, 2007City of Industry, Calif. — Digital camera manufacturer DXG said it will ship a new flash-based video recorder this month.
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