IN THE NEWS: RETAIL ARCH RIVALS TEAM UP IN TVS

By Wares April 19, 2018 Industry news

In the news: arch rivals Best Buy and Amazon team up, Panasonic launches new camcorders and Garmin goes cycling.

Pana launches camcorders - Panasonic has launched three camcorders (HC-WXF1M [pictured above], HC-VX1 and HC-V800) which feature a new sensor and lens for significantly improved image quality in low light. Each of the new camcorders offers a wide-angle 25mm and 24x optical zoom lens and achieves quick and accurate focusing for both 4K and Full HD to enhance AF. Find out more here

If you can't beat them, join them? - Strange but true: Best Buy is to start selling Amazon Fire-edition smart TVs exclusively. Stranger still: the two companies top dogs, Amazon CEO Jeff Bezos and Best Buy CEO Hubert Joly, were there (photo right) to make the announcement even more newsworthy. Best Buy will begin selling 4K and HD Fire TV Edition television models wearing its Insignia in-house brand and models from Toshiba. Find out more here

Physical recorded music not dead yet - Figures from Recorded Music NZ show that digital music sales in NZ last year accounted for over 70% of the $100 million of music revenue recorded. As you'd expect, revenue from streaming in 2017 was $61.3 million, +42% on 2016. Physical music dropped again in 2017 but still contributed $14.5 million, while vinyl grew by 9% to $2.8 million. Find out more here 

On yer bike with Garmin - Garmin just launched three cycling orientated products: the lightweight, rugged, Edge 130 GPS bike computer (see photo) with easy-to-use navigation and cycling awareness features; the Edge 520 Plus GPS cycling computer with advanced navigation (thanks to preloaded Garmin Cycle Maps) and and connected features like Course Creator to help plan and download routes; and the Varia RTL510 rearview radar offering improved visibility, detection of vehicles, battery life and more to help keep cyclists safe. Find out more here

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