The Year the Music Industry Broke

The company cited dropping sales of projection and CRT televisions and “lower extended warranty sales” than anticipated. As anyone in the A/V business could have told you a year ago, in this climate, you can’t give CRT televisions away. Any retail floor space that isn’t devoted to flat-panel displays is prime real estate hemorrhaging money.

And extended warranties (or as we in the industry politely refer to them, “highway robbery”) are a tough sell in any climate, but particularly in a troubled economy. That’s the kind of thing best sold by, oh, say, your most experienced sales people.

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