Category: Financial/Legal

Circuit City Going Under

Circuit City will liquidate its nationwide chain of more than 500 consumer electronics stores. After courting prospective buyers and investors, as well as filing Chapter 11 in November, the nation’s second-biggest consumer electronics retailer announced today (1/16) that it had run out of viable options to stay afloat. The closures will leave the chain’s 30,000 […]

Category: Featured, Financial/Legal

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Turmoil on Gaylord Board

Gaylord Entertainment is in a dispute with its largest shareholder, TRT Holdings, over the way Gaylord executives are running the company. TRT, which owns properties including the Omni Hotel chain, yesterday (1/15) sent an open letter to shareholders criticizing Gaylord’s senior management and seeking support to elect four of its own people, including TRT CEO […]

Category: Featured, Financial/Legal

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RIAA Changes Strategy In Fight Against Illegal Downloading

The RIAA has stopped filing lawsuits for illegal downloading and is now fighting the problem through Internet service providers (ISP). The Wall Street Journal reports that the music industry—which has sued 35,000 alleged downloaders for copyright infringement since 2003—hasn’t filed a suit since this fall. The lawsuits had created numerous public/consumer relations for the industry […]

Category: Featured, Financial/Legal, Organizations, Sales/Marketing

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