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Philips will retain a 30 percent interest and receive royalties, but this clearly puts the Chinese company in the driver's seat. The TV division's 4000 employees will be transferred to the new company and no layoffs have been announced.

It wasn’t so long ago—less than 10 years, in fact—that video projection in the home meant a bulky CRT projector that often weighed 200-plus pounds and took hours to set up. It used three separate CRTs, one each for red, green, and blue, which had to be precisely converged and focused on site. Once the setup was complete, you couldn’t move the projector without risking a need to repeat the entire operation. The CRTs also tended to drift, so periodic reconvergence was needed, either by the dealer or by a tech-savvy owner. It was complicated and expensive. Once you threw the cost of the then-expensive video scalers (needed by the day’s standard-definition sources) into the mix, the proposition could easily run into six-figure prices. But the best of these CRT setups were truly amazing—even in standard definition.

Man, do I loooooove Record Store Day.

If there’s one thing to take away from this past Saturday’s RSD, it’s that there’s a strong and rabid group of record buyers willing to wait in line for hours and hours to willingly spend lots and lots of dough on physical product — and that’s incredibly encouraging in light of what many see as an ever-shrinking tactile music marketplace.

Bottom line: Give them a reason, and they will come. And spend.