| Business Summary | | K-Tel
International,
Inc.
markets
and
distributes
entertainment
and
consumer
products
internationally.
With
more
than
35
years
of
marketing
experience
world-wide,
K-Tel
has
developed
the
resources,
knowledgeable
personnel,
information
systems,
and
distribution
capabilities
to
market
music
and
consumer
products
through
traditional
retail
and
direct-response
marketing
channels.
K-Tel
also
markets
through
an
Internet
e-commerce
site,
K-Tel.com
(www.ktel.com),
which
features
a
wide
spectrum
of
music
products.
Through
its
association
with
Amazon.com,
K-Tel.com
offers
on-line
shoppers
the
convenience
and
access
to
a
substantial
number
of
music
titles
at
value
prices. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | KTEL
markets
and
distributes
consumer
entertainment
and
convenience
products
through
retail
stores
and
by
direct
response
marketing.
Products
include
albums,
compact
discs,
cassettes,
housewares,
automotive
accessories
and
other
devices.
For
the
nine
months
ended
3/31/01,
sales
fell
34%
to
$16.2
million.
Net
loss
from
continuing
operations
before
extraordinary
item
totaled
$9
million,
up
from
$2.2
million.
Results
reflect
the
absence
of
sales
from
K-Tel
Int'l.
and
the
absence
of
a
$4.3
million
gain
on
sale. | More
from
Market Guide: Significant
Developments |
| Officers | | | Exer | |
| Philip Kives, 71 Chairman
and CEO | $504K | Ken Onstad, 49 Pres,
Director | -- | A. Merrill Ayers, 54 CFO,
VP-Fin. | -- | Alan Hawley Exec. VP | -- | Dollar
amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|