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We Quizzed The Music Industry On The Outlook For High-Res Audio

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Top Stories - August 3, 2015

We Quizzed The Music Industry On The Outlook For High-Res Audio
MP3 is a four-letter word to audiophiles and many music enthusiasts, and it has become synonymous with compressed-music files whose quality marks a significant step back from CD quality. The CE and music industries, however, hope to step consumers up in a big way to compressed music files whose sound quality actually exceeds that of 80s-technology CDs. Their task, however, is challenging. TWICE asked representatives of the three largest global music companies — Sony Music Entertainment, Warner Music Group, and Universal Music Group — to provide an update on efforts to promote the high-res alternative and explain where the business is headed. More »

Sears' Sales Fall Amid Digital Divergence
Hoffman Estates, Ill. – Sears Holdings' same-store sales continued to decline during its fiscal second quarter, as chairman, CEO and chief investor Eddie Lampert furthers his long-term digital focus. More »

Sony Shutting Online Store
San Diego – Sony will pretty much complete the dismantling of its direct-sales operations at month's end, when it plans to pull the plug on its e-commerce site. More »

CastleOS Plans Windows-Based Home Automation Hub
Boston – CastleOS launched home-automation software for Windows computers more than two years ago and now plans August availability of its first home-automation hub, which runs Windows 10 and the latest version of the company's software. More »

AT&T Bundles TV, Cellphone Service Nationwide
Dallas — AT&T will become the first U.S. carrier to offer a nationwide bundle of TV and cellphone service following its July 24 acquisition of satellite-TV provider DirecTV. More »

Talking Power And Turntables With Innovative Technology
For Innovative Technology, there is power in nostalgia, and money in power. The Long Island-based technology company is on a fast growth track in three niche categories: its Justin Power portable power line; Bluetooth accessories; and what CEO Corey Lieblein called "nostalgia electronics" — audio components with 21st century technology, like Bluetooth, in early- to mid-20th century designs. Lieblein sat down with TWICE to talk about the accessories and audio markets. More »

Industry Mourns Bob Abt
Bob Abt, CEO of Chicagoland retail institution Abt Electronics, died late last month at the age of 77. Abt and his four sons — Michael, Ricky, Billy and Jon — ran the family's single 37-acre mega retail facility in Gelnview, Ill. Following the news of his death, condolences and memories of Abt poured in to our site. Here is just a selection of those. More »

Price Tracker: Mirrorless Compact Cameras
TWICE teamed up with Brand View to provide a snapshot of online pricing of products in key consumer electronics categories. More »

Tweet Of The Day
@AlanWolf_TWICE: @TWICEonline at #OnePlus2 NYC pop-up debut, 1 of 8 worldwide, with OnePlus co-founder Carl Pei, Bridget Hickey and fans.


Giveaway

We're teaming up with Sharkk for a Facebook giveaway of its Bluetooth BoomBox Buddy Speaker Set! To enter, like, comment or share this post (or do all three!).



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TWICE provides the CE industry with a collection of the most comprehensive and important retail reports. With our partners at the Stevenson Group, we provide sales and trend information for the nation's Top Retailers in four key retail channels: Top 100 Consumer Electronics Retailers, Top 50 Major Appliance Retailers, Top 25 Car Electronics Retailers, and Top 25 CE E-tailers. These reports are a must read for those seeking sales figures, industry trends and market analysis to better understand the depth, breadth and health of consumer spending. With this purchase, you'll get all four TWICE 2015 reports!
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