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|Archives - July 2009|
|Tuesday, June 23, 2009|
If you think digital downloads have killed the audio CD, you haven’t talked to Rico Micallef, president and chief operating officer of Allegro Music Group.
“The music industry is actually doing very well,” he says. “The traditional products being sold in traditional ways may be having a tough time, but the alternative markets are doing just fine.”
Micallef is talking about the markets that the Portland distributor of music CDs, DVDs and audio books is after: independent bookstores, toy shops and, with its recent acquisition of Music Design, New Age stores.
“These are the places that you don’t normally go to buy your music, where it’s more of an impulse buy,” says Micallef, who bought Allegro with his two brothers back in the late 1980s.
The acquisition of Music Design, a Milwaukee, Wisc.-based distributor of relaxation music and self-help CDs, will give Allegro a lock on the genre, Micallef says. The company employed a similar strategy to sew up the children’s music market when one of its subsidiaries acquired the distribution assets of Rounder Kids in 2007.
Some of Music Design’s backroom operations will be consolidated at Allegro’s Portland headquarters, though sales and other functions will stay in Wisconsin.
Although most of its business involves CDs and DVDs, Allegro does have a solid digital presence as well; customers include iTunes, Rhapsody and eMusic. But while Allegro is likely to continue adding to its digital offerings, Micallef says the company’s focus will remain on its core offerings — CDs, DVDs and audio books — in the genres it knows best, like classical, jazz, blues and world music.
“We’re always looking for content and opportunities that we can take advantage of in the genres we’re in,” he says.
Barring a major acquisition, that means no hip hop from Allegro anytime soon.
List researched by Jon Bell
Wednesday, September 30, 2015
BY KIM MOORE
Striving for social equity is the mission of many nonprofits, and this year’s 100 Best Nonprofits to Work For in Oregon survey shows employees are most satisfied with their organizations’ fair treatment of differing racial, gender, disability, age and economic groups. But as a national discourse about racial discrimination and equity for low-income groups takes center stage, data show Oregon’s 100 Best Nonprofits to Work For still need to make progress on addressing these issues within their own organizations.
Wednesday, August 26, 2015
BY LINDA BAKER
A new co-working model disrupts office sharing, child care and work-life balance as we know it.
Wednesday, August 19, 2015
BY CHRIS NOBLE
Oregon is home to an abundance of gritty warehouses reborn as trendy office spaces, as well as crafty hipsters turned entrepreneurs. Does the combination yield an equally bounteous office products sector? Not so much. Occupying the limited desk jockey space are Field Notes, a spinoff of Portland’s Draplin Design Company, and Schuttenworks, known for whittling Apple device stands. For a full complement of keyboard trays, docking stations and mouse pads, check out the GroveMade line, guaranteed to boost the cachet of even the lowliest cubicle drone.
Thursday, August 20, 2015
BY DAN COOK
The state’s angel investing fund gets hammered in Salem.
Thursday, August 06, 2015
Car and ride sharing services have taken urban areas by storm. Low-income and suburban communities are left at the curb.
Thursday, August 13, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
Portland-based startup ImpactFlow recently announced a $5.7 million funding round. CEO and co-founder Tyler Foreman talks about matching businesses with nonprofits, his time at Intel and the changing face of philanthropy.
Thursday, September 24, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
Oregon's population is booming, and so are rental costs.
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