Another packaged media store is heading for bankruptcy court and it's a big one. Borders Group is filing for Chapter 11 bankruptcy protection.
Last month Borders got a $550 million line of credit from GE Capital, noting at the time "the possibility of an in-court restructuring." Now that the deal is done, the initial effect will be closure of 30 percent of the chain's 650 stores. Borders will also delay payments to vendors, landlords, and other creditors.
If you're a Comcast subscriber and an iPad user, make sure you download the XFINITY TV app. While not the streaming app widely hoped for, it's at least partially there. The killer feature is that it lets Comcast subscribers stream TV to their iPad from anywhere there's a WiFi signal. No 3G streaming yet. Before you get too excited, there's some limitations.
Component audio is coming on strong, says the Consumer Electronics Association. The trade group's 2010 figures show component audio contributing to a 6.2 percent increase in overall home audio sales. A further 11.9 percent increase is forecast for 2011.
While CEA's definition of home audio includes components, compact systems, HTiBs, multiroom, MP3 speakers, and radios, only component audio and MP3 player related speakers showed increases, buoying the entire audio category.
Criterion has proven time and time again that they can do incredible things regardless of media. Now, they're expanding their streaming efforts (some of their titles are already available on Netflix's intant option) with the help of Hulu's pay subscription service.
The most popular resolution in LCD HDTVs is now 1080p. The majority of LCD sets sold last year have 1080p resolution, Quixel Research has revealed in its LCD TV Market Review.
While 1080p was already dominant in 40-inch-plus models, it is now dominant in all models, as of the fourth quarter of 2010. The market share of 1080p was 51 percent in 2010 overall and rose to 54 percent in the fourth quarter of that year.
Hungry for 3DTV programming? If you're a DirecTV subscriber, you'll soon have a new option called 3net, a joint venture of Sony, Discovery Communications, and IMAX. The channel will offer one-hour original programs shot in 3D.
3net made its debut last night at 8 p.m. and will operate 24-7. New programs will air every night at 9 p.m.
The long-anticipated debut of 3net, a 24/7 3D network co-founded by Discovery Communications, Sony, and Imax, is set for Sunday, February 13, 2011, at 8:00 PM ET, when it will be carried on DirecTV's channel 107. Those who tune in that evening will see China Revealed, followed by Into the Deep, which took the Imax 3D camera underwater for the first time, and Forgotten Planet, a look at the "strangest places on Earth."
The National Advertising Review Board says Time Warner Cable can no longer run ads touting its supposedly "advanced fiber optic network." The ruling is a victory for Verizon, which makes a big deal over its FiOS fiber optic network.
Compliance with the ad-industry watchdog's recommendations is voluntary. However, most major advertisers belong to the National Advertising Review Council, and toe the line when its Review Board issues a ruling.
Sony has introduced three Bravia TVs equipped with 500 gigabyte hard drives. The catch is that, at least for now, these models are for the Japanese market.
With that kind of storage on board, you can record 65 hours of HD programming. The system can also accept additional external drives.
Look out, Dolby and DTS. The 3D Audio Alliance, a consortium put together by SRS Labs, is developing a new "object oriented" surround standard that would rethink surround sound as it's currently constituted.
The 3DAA standard would focus not on channels but on objects within the soundfield, specifying their location and movement. The playback system -- whether stereo, 5.1, or 11.1 -- would then deploy the objects as well as possible within their inherent limitations.
The next time you hear someone complain that today's TVs are energy guzzlers, feel free to say "shut up, you don't know what you're talking about." A study by the Consumer Electronics Association on TVs made since 2003 shows that video displays have only become more and more energy efficient during that time.
It makes sense. While screens are getting bigger, the waning of the direct view and rear projection categories in favor of more energy efficient flat panels means you can get more picture size out of fewer watts. Moreover, today's LCDs and plasmas are more efficient than earlier generations.
Marantz, celebrated by us for its surround receivers, will sponsor a concert tour by violinist David Garrett, a young crossover artist who has been known to perform Nirvana's "Smells Like Teen Spirit." The tour will hit concert halls and theaters in 21 U.S. cities this month.
Corporate sponsorship of concert tours is not exactly new. Rock dinosaurs have been doing it for years. This arrangement is a good fit for both Marantz, as a company intimately involved in musical reproduction, and Garrett, with his rock star chic.
Super Bowl Sunday will bring more than a game and some high-profile ads. It's also when Best Buy is expected to announce a new program that will offer consumers a small degree of price protection and encourage them to upgrade old purchases to new ones.
To enroll in the Buy Back program, enroll your product purchase for a fee. Best Buy will then offer to buy it back for a percentage of the original price within six months. The longer you wait, the more the percentage goes down. Good deal? That's up to you. But if the product is something whose value would depreciate quickly, and you're inclined to update often, it may be worth considering.
Consumer confidence hit a three-year high last month, says the Consumer Electronics Association, as its Index of Consumer Expectations rose to the highest figure since February 2008.
Another ongoing CEA survey, the Index of Consumer Technology Expectations, hit a record high for the month of January, not to mention an all-time high in December 2010. "The record high this January suggests consumers are still showing a willingness to purchase tech," said CEA's chief economist. See press release.