K-tel International
K-tel International Inc. | |
---|---|
legal form | Corporation |
ISIN | US4827243092 |
founding | 1968 |
Seat | Winnipeg , Canada |
management | Philip Kives |
Number of employees | 10 |
sales | $ 4 million (2013?) |
Branch | Music production |
Website | www.ktel.com |
K-tel International is a Canadian company that is best known for its composite music albums (" samplers "). K-tel was founded in 1968 and is based in Winnipeg .
history
K-Tel founder Philip Kives began selling and distributing various kitchen items in the early 1960s. The record label K-tel, launched in 1968 , became one of the best-known providers of hit compilations in the 1970s thanks to various sampler albums, which were also advertised in TV spots. In the 1980s and 1990s, K-tel also released CDs with compilations and live recordings from various rock and pop bands. As early as the mid-1970s, global sales of the equivalent of more than 300 million marks were achieved and in Germany, where the company was represented in Frankfurt by a branch with around 90 employees, sales of 100 million DM were already achieved at the peak of the early 1980s. The market segment worked on by K-tel had changed to such an extent in 1986 that the German representation had become insolvent. In 2013, K-Tel generated sales of just 4 million dollars with 10 employees.
See also
Web links
Individual evidence
- ↑ Hoover's company profile on www.answers.com , accessed on May 14, 2014
- ↑ a b c company profile at markets.ft.com, accessed June 10, 2014.
- ↑ flop with Chopin from Der Spiegel 52/1976 of 20 December 1976
- ↑ New mesh in Die Zeit No. 23 of May 30, 1986