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Home > Company Index > Media > Music Production & Publishing > K-tel International, Inc.
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K-tel International, Inc. |
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NEWS FROM THE STANDARD |
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Media Grok Today
Jul 08 1998 12:00 AM PDT
Media Grok Today
Jun 11 1998 12:00 AM PDT
Gossip
May 11 1998 12:00 AM PDT
K-tel: One-Note Wonder
Apr 27 1998 12:00 AM PDT
PROFILE |
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K-tel International, the company that practically invented the phrase "not sold in stores," produces and markets prerecorded music (primarily compilations) that it creates with music from more than 35,000 titles it owns or licenses from third parties. The company sells its products -- CDs, cassettes, DVDs -- to wholesalers, rack jobbers, and retail stores, as well as to consumers through direct marketing and Internet activities. It also licenses music to other companies. K-tel has shuttered its consumer products division, which generated nearly 50% of the company's sales by marketing housewares, exercise equipment, and other items throughout Europe. Founder, chairman, and CEO Philip Kives owns about 48% of K-tel.
COMPETITION |
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BMG Entertainment (dossier)
CDnow, Inc. (dossier)
Universal Music Group (dossier)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: June
2000 Sales (mil.): 58.60
1-Yr. Sales Growth: (24.6)%
Employees: 114
Revenue per employee: $514,035.09
KEY PEOPLE |
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Philip Kives
CEO
A. Merrill Ayers
CFO
CONTACT INFO |
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2605 Fernbrook Ln. North
Minneapolis, MN 55447
US
Phone: 763-559-6800
Fax: 763-559-6803
Online: Web Site
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