January 26, 1988 |
"Dion's Greatest Hits." Columbia. If you're a big fan of Dion DiMucci (one of the few memorable white singers to emerge during the early days of rock who wasn't based in Memphis), you may be planning to wait for the excellent 60-minute retrospective that Arista released on Dion in 1984. The bad news is that that album may never be released on compact disc because Arista doesn't own the CD rights, a company spokesman reports.
August 11, 1992
DCC Compact Classics Inc., a Northridge manufacturer of musical compact discs, restated its first-quarter financial results to show a 21% decline in its first-quarter profit. The company previously reported that its first-quarter profit more than tripled from a year earlier. But after recalculating its net proceeds from a distribution agreement, DCC said its earnings fell to $38,345 in the three months that ended March 31, from a $48,779 profit in the first quarter of 1991.
August 2, 1991 |
Consumer electronics manufacturer Denon on Thursday introduced what it billed as the first compact disc recorder for the home at a price of $19,000. Up to now, consumers have been able to buy prerecorded compact discs and players but could not record their own CDs from existing records, tapes or other discs. The Denon system enables them to do that--albeit, at a hefty price. Denon said it expects its prices to drop sharply within the next year and that units could sell for $5,000 in two years.
July 31, 1993 |
Consumers, retailers and record corporations are marching toward a showdown over the price of compact discs. In a pair of upcoming class-action suits, consumers and independent retailers will charge that the nation's four-largest record corporations have conspired to fix the price of new CDs, restrain trade and restrict the availability of secondhand compact discs.
April 6, 1989 |
Compact discs, already popular with music buffs, are increasingly being used to distribute computer data and software. But instead of replacing an older technology, they're being used for new applications. That's largely because of the vast amounts of information that a personal computer with an attached CD player can store and display. Computer CDs are identical to the audio variety. As with the current generation of audio CDs, they can't be erased or updated.
July 31, 1986 |
Motown Records, already a leader in the compact disc revolution, is about to take two dramatic steps in pursuit of the CD dollar. Convinced that most CD buyers are as eager for old favorites as new releases, Motown is releasing 84 of its most popular '60s and '70s albums next month in CD packages that will contain two albums but sell for the price of a single compact disc. CDs carry a $15.98 list price, but are frequently discounted around town to $12.99 or $14.99.