If you thought the well-to-do crowd wasn't feeling the pinch from the rotten economy, consider this -- D&M is not going to be at CEDIA Expo 2009 in a couple of months. You know, the show that features pricey, high-end custom install toys. Not being able to get our paws on the latest toys from Denon, Marantz, McIntosh, Boston Acoustics, Snell and Escient breaks our hearts, but D&M has decided to commit its resources to dealer training (and promotions, we hope); all the better to drive new customer sales. To be clear, D&M will have a presence at CEDIA, it just won't be on the Expo floor -- meetings will be by appointment only. We're just keeping our fingers crossed that similar measures won't have to be taken at CES in January. Planar (and by association, Runco) may take a similar CEDIA approach, not entirely surprising given its recent performance.

The corporate cultures at Panasonic and Sony are quite different, but the two companies now have something in common -- annual losses for the first time in a long time. At seven years long, Panasonic's run of profitability was only half that of Sony's, but this economy doesn't discriminate -- Panasonic wrapped up the fiscal year in March with parentheses surrounding a ¥444 billion ($4.6 billion) figure. All the product sectors we love -- TVs, digicams, appliances and semiconductors -- are hurting, falling short of the previous year's sales figures by 14.4-percent. With cost-cutting a top priority for the coming year, Panasonic's plasma TVs will have to pull in some numbers to avoid the axe -- we're hoping the NeoPDPs are as much of a hit with consumers as they are with reviewers.

Hmm, now isn't this interesting? Just months after Liberty Media reached out at the eleventh hour and rescued Sirius XM from imminent bankruptcy, it's now spinning off its entertainment division (Liberty Entertainment) and combining it with DirecTV (which Liberty already controls). We're told that the new Liberty Entertainment will hold 54 percent of DirecTV Group shares and 65 percent interest in the Game Show Network, not to mention three regional sports networks and a few other things not worth mentioning. The move is being made as the "John Malone-controlled vehicle looks to simplify its capital structure," and if all goes well, the paperwork should be completed by the end of the year. Oh, and so far as we can tell, DirecTV consumers won't even notice the shuffling going on behind the scenes.

We've been steering around stories related to the woeful state of the economy -- and even trying to add some sunshine of our own -- because, frankly, writing about an endless string of companies hitting hard times is just depressing. But the bankruptcy of Source Interlink, parent company of Stereophile magazine, strikes a nostalgic chord for us. Our introduction to the crazy audiophile world came through the folio-sized pages, but recent glances at magazine racks show a slimming magazine and a move towards the nosebleed price regime of the high-end. We don't think that the growth in consumer audio -- and (gasp) convenience -- is at odds with high performance, and one magazine is hardly a bellwether for an entire market; but it's clear that manufacturers need to do more than put high-grade finishes and price tags on their goods to enjoy a healthy business that can survive changing trends in today's market. But we'd love to hear your thoughts -- what's your take on the health of high-end audio?

Oh, brother -- you had to see this coming, didn't you? Soon after details of the California Energy Commission's proposed TV efficiency standards leaked out, the Consumer Electronics Association (CEA) has fired back a shocking press release in order to sound the alarm and get people in opposition. According to its "research," setting arbitrary limits on television electricity usage will end up costing California $50 million annually in state tax revenue and will destroy some 4,600 jobs in the TV sales, distribution and installation business. In the CEA's eyes, this proposal "eliminates consumer choice and will remove 25 percent of televisions from the market." Naturally, all of these assertions pay no attention whatsoever to the environment, and while we won't bother with inserting any politics here, we'd advise hitting the read link just to see what blatant bias looks like in its purest form.

We knew the flagging Charter Communications was looking to file for Chapter 11 on or before April 1st, and rather than waiting until Wednesday and fielding questions of whether or not the whole thing was "a joke," said carrier has gone ahead and made things official here in March. This past Friday, the fourth largest cable company filed for its prearranged Chapter 11 bankruptcy in order to stave off hungry creditors and look for ways to keep afloat. The good news is that it's hoping to emerge from bankruptcy as early as this summer, and at least currently, it's not planning to sell any of its assets to competitors. Of note, Charter has failed to post a single profit since going public in 1999, so one shouldn't be shocked at the $8 billion debt figure that the filing will restructure. Good luck out there Charter, you're going to need it.

Maybe we're way off our rocker here, but it seems like every quarter Blockbuster is trying something new to get its business out of the dumpster. We've heard everything from potential mergers to boosted rental prices to yes / no on enhanced digital delivery, and now we're hearing that it'll be slashing costs by offering less of what you want more of. While the company saw same-store sales increase 4.4 percent in Q4 and 6.4 percent for the full-year 2008, it still managed to post a $435 million loss on an impairment charge for the most previous ending quarter. In order to shave costs, we're hearing that it'll be buying fewer DVDs from studios and lobbying for "better revenue-sharing participation from movie studios and video games publishers." In reality, though, we see all of this as just a band-aid for a stupendously large gash; it's going to take a serious overhaul for Blockbuster to survive the next decade, and buying a few less discs ain't it.

[Via TomsPayde]

As with most industry sectors, there hasn't been an awful lot of incredibly great news flowing from LCD makers. Thankfully, that's changing this month, as a new DisplaySearch release shows the first increase in unit shipments and revenues since September of last year. By the numbers, we're looking at month-over-month growth of 23 percent, with large-area TLT LCD revenues reaching $2.96 billion. Of course, laptop PC and monitor panels still outsold panels for TVs, but not by a huge margin. As for the company breakdown in terms of overall LCD revenue, Samsung was predictably atop the pile with a 30.2 percent market share, while LG Display followed with 26.8 percent. For the rest of the figures, just give that read link a tap.

As Samsung, Sony, Toshiba and the rest jockey for position in the overall sales rankings, Tosh is the one that's surprisingly gaining ground. Shortly before naming a new incoming CEO, the company's managing director of Toshiba UK (Andy Bass) stated that things are looking up for the outfit's TV and PC monitor sales. While speaking at the firm's annual product preview, Bass noted that "12 months ago, [Toshiba's] TV business was at the lowest point ever, at just 3.4 percent." That said, 2009 is actually looking to improve, and already it has overtaken Sony for second place in the UK PC monitor and TV marketplace. The only one left to pass is Samsung, but we don't see anyone leapfrogging it for a long, long while.

We've already heard that Best Buy is aiming to spruce up its entire home theater department while undercutting Walmart, and now we're hearing that Panasonic individually is looking to stores more like Best Buy to sell its products. In a rather bizarre move, Panny is reportedly aiming to "tighten distribution" of its products by ditching dealers who add no value (and sell cheap) and sending more product to retailers who are willing to "implement Panasonic's stricter marketing policies and programs" (and sell high). Without getting caught up in the minutiae, what this essentially means is that it'll be harder for independently informed consumers to find Panny products on the cheap, but it'll be easier for the technologically illiterate to find Panny dealers surrounded by informed CSRs and information packets. It's possible that the company is simply trying to improve its image and appeal only to a certain class of people, but for those of us smart enough to do our own research beforehand, it looks like we'll be shopping other brands. Your loss, Panny.

We needn't tell you that things haven't been going awesome for Toshiba ever since HD DVD hit the skids and slid right into its coffin, but the company has yet to lose hope in its future. As a sign of impending change, Tosh's board of directors has just selected Mr. Norio Sasaki -- who is currently a senior executive VP in the company -- to become the next CEO and President this June. Sasaki will replace Atsutoshi Nishida following an ordinary general meeting of the shareholders, and he'll also succeed Tadashi Okamura in becoming the next chairman of the board at Toshiba Corporation. If you're curious as to whether or not this chap has what it takes, check this: the man is into mountain biking, smooth jazz and golf, and his personal motto is "perseverance will open the way." How dare you doubt that?

This, folks, is the tell-tale sign of someone eager and willing to capitalize. Kogan, the guy who almost made a QWERTY-packin' Android phone, has conjured up a brilliant way for Aussies to spend their forthcoming stimulus checks. You see, the Australian government has sent out AU$900 checks to citizens who made under AU$100,000 last year in an effort to boost the overall economy, and lo and behold, this 37-inch HDTV (comically named Kevin37 -- the locals know what's up) is priced at exactly AU$900. As for specs, you're looking at a 1,366 x 768 resolution panel, 1,200:1 contrast ratio, six-millisecond response time, 600 nits of brightness, a PAL / SECAM / NTSC tuner and a slew of connectors. Get your orders in now before you think better of it, and watch for it to head your way in late April.

[Via Gizmag]

Unlike DirecTV, which managed to post remarkable Q4 numbers across the board, DISH Network is only able to partially celebrate. You see, the satcaster did see profits in the fourth quarter rise some 24 percent, but at the same time, 102,000 (net) subscribers decided to head elsewhere. A recent report on the matter suggests that DISH is hurting from increased competition from main rival DirecTV, not to mention fiber-based entrants such as AT&T and Verizon. Of course, the general economic environment hasn't exactly helped matters, but DISH's smaller amount of high-def channels seems to be a magnified issue when money's tight. Oh, and if DirecTV is somehow able to integrate Sirius service into its pay-TV offering, we'd say DISH will need to think fast if it hopes to stop the bleeding of customers. Speaking of, have any of you recently jumped from DISH to DirecTV? Vice-versa?

[Image courtesy of PropertyWorld]

As the plasma world continues to crumble, we're stopping to ponder how this is affecting current, prospective and future customers. For any of you that were this close to pulling the trigger on a new plasma, has this week's news shaken your confidence in the technology? Are you still planning to buy one? Might you buy an LCD or projector now? Feel free to elaborate on how the mass exodus from PDP has changed (or not) your perceptions.

Take this as you will, but George Mead, the Marketing Manager for Digital Displays at LG Electronics UK, has informed T3 that LG Electronics UK has no intention to withdraw from the plasma TV market." To be perfectly clear here, this statement probably is in relation to UK market plans only; after all, those words from company VP Lee Gyu-hong were pretty strong. At any rate, Mead continued by noting that "we have recently implemented a bespoke strategy to promote and market plasma TVs here in the UK," but he failed to specifically touch on LG's worldwide plans (and understandably so). So yeah, it looks like LG PDPs are still safe for the moment across the pond, but we wouldn't be so sure about the rest of the developed world.