As sampling revolutionizes recording, debate grows over aesthetics, copyrights
Article Abstract:
As the cost of digital sampling equipment has fallen from about $27,000 10 years ago to less than $2,000 today, the record industry has been forced to step up enforcement of copyright laws against the thousands of users who may be illegally sampling copyrighted material. Record company lawyers are going after bands that illegally include short samples of previously recorded music in their songs. Because of the low entry-level cost of buying sampling equipment, many bands find that including a hook from an older, successful song is much easier than writing and recording their own. The entire sampling industry is taking off according to analysts, with some firms offering libraries of sounds on compact disks that bands can use and manipulate without fears of legal problems.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1990
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Tandy unveils major overhaul of operations: company plans to spin off manufacturing business, expand its superstores
Article Abstract:
Tandy Corp announces a restructuring that includes closing 100 small name-brand electronics shops, expanding the firm's Computer City and Incredible Universe store operations, and spinning off its manufacturing business into a new firm, TE Electronics Inc. Tandy's 7,000-unit Radio Shack chain is largely untouched by the restructuring. Citing excellent performance at the two 160,000-square-foot Incredible Universe superstores in Portland, OR, and Arlington, TX, Tandy plans to open several more. Tandy, which currently has 18 of the 25,000-square-foot Computer City stores, plans to open 32 more by 1995. Tandy also plans to shutter 100 of the 413 Tandy Name Brand Group stores, which do business under the Video Concepts and McDuff names.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1993
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StorageTek says it won't meet profit forecasts
Article Abstract:
Storage Technology Corp's 3rd qtr 1993 financial result is expected to be poorer than earlier anticipated. The data storage equipment manufacturer expects to report a $25 million loss from operations and a one-time $80 million charge for restructuring and other charges. The firm presently has approximately $2 million outstanding shares. The company blames the poor results on a downturn in profit margins and slower revenue in the midsize computer market. Storage Technology's European sales continue to be slow along with the report forecast; the company announces expected layoffs of about 200 employees, which will result in expense reductions of approximately $10 million in the 4th qtr 1993 and about $40 million in 1994.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1993
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