Amoeblog

K-Tel Records part 1

Posted by Mr. Chadwick, April 10, 2008 10:37pm | Post a Comment


Kicked off in 1966 with a compilation of 25 country hits, K-Tel was a major force is the music industry year after year. It was founded by Canuck Philip Kives with money he earned selling Veg-O-Matics and Feather Touch knives he had marketed for Seymour Popeil.  Mr. Popeil's son went on to found Ronco, a company that offered similar products, musical and otherwise.  Specializing in compilation albums and quickie T.V. ads, the company moved some serious units.  With huge series releases such as the "Hooked on" records, the company was a major player in the music industry.  That series charted very high and went as late as '88 with the classic Hooked on House release.

Scary investments in Oil and Real Estate put the company in jeopardy, but regrouping and canny business moves pulled them out.  Expanding into dalliances with that evil siren "the internets," however, has put the company into perilous straits. Time will tell whether or not this prolific bunch will weather the storm...



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