438:
56:
275:, news that the company was expanding its business to the Internet sent the thinly traded stock shooting from about $ 3 to over $ 7 in one day (3:1 split adjusted). The short interest of the stock swelled. The price of the stock peaked at about $ 34 in early May, and began to decline, reaching $ 12 in November and eventually pennies. The sudden upswing was fuelled mainly by a large
231:, including the Dial-O-Matic and Veg-O-Matic food slicers and the Feather Touch Knife. In August 1965, he began selling the Feather Touch Knife in Australia and by Christmas had sold one million knives. Kives later began sourcing his own products, including the Miracle Brush, which sold 28 million units.
238:
In the five years prior to 1981, K-tel sold more than $ 150 million of LPs in 34 countries. Its sales increased from $ 23 million in 1971 to $ 178 million in 1981. The company diversified, forming subsidiaries in areas such as real estate and oil exploration and also acquired rival
Candlelite Records
255:
s annual Hot Growth List. Mickey
Elfenbein, Kives' nephew, was appointed CEO of the K-tel International division in 1993 and served until the late 1990s. Elfenbein's son, Mark, produced the company's highest selling music products of the 1990s with the creation of the "Club Mix" series which reached
242:
The failure of this and several other high-risk ventures forced the publicly traded US entity, K-tel
International, to file for Chapter 11 bankruptcy protection in 1984. In 1986, the Bank of Montreal foreclosed on the K-tel Canadian subsidiary at the same time as the US Chapter 11 filing. Advised by
234:
K-tel was formally incorporated in 1968, with Kives as CEO. The company operated profitably during the 1970s and expanded both through acquisitions in its core area of business and diversification into other areas. Kives' cousin
Raymond worked as president of the K-tel US division from 1967 to 1977,
498:
The company built the business of releasing compilation albums that combined material from a number of popular artists onto a single theme album using the tag line "20 Original Hits! 20 Original Stars!". The company negotiated directly with artists and labels for the rights to reproduce their
456:
children aged 10 to 14 sing family-friendly pop hits. The series sold millions of copies when it was originally distributed in the 1980s. K-tel brought the series back in Canada, the United States, and Israel as of May 15, 2004, and has continued to produce recordings. The latest album,
243:
Minneapolis-based
Sullivan Associates, K-tel negotiated settlements with banks and other preferred and unsecured creditors. Six years later, after all the legal battles, a settlement was reached with the Bank of Montreal, and in 1991, Kives got his Canadian company back.
1280:
282:
In 2007, Philip Kives took K-tel private again. The company completed a 1-for-5000 reverse split on July 18, 2007, reducing the number of public shareholders to under 300 and allowing the company to delist. It changed its symbol to KTLI and moved from the
594:. A five-second countdown preceded each message to help customers begin recording at the right moment, and a formal answering machine message in a neutral voice was included at the end of each tape in case they wanted to revert the novelty message.
740:
wrote a piece on K-tel, entitled "K-Tel
Records: The Spotify of the 70s", pointing out that the way people discovered new music in the 70s was through K-tel compilations, in the same way that Spotify playlists are now used to find related artists.
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K-tel recruited
Australian Don Reedman (twin brother of Peter Reedman, who was already working in the Australian office) to set up the UK-based division of K-tel Records in the early 1970s.
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201:. Kives had worked at a number of jobs as a young man, including selling cookware door-to-door and in a department store, and as a pitch-man on the Boardwalk in
940:
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In 1962 he used his own money and his fast-talking demonstration style to create a new kind of television advertisement in Canada. His first product was a
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1370:"Canada's Best-Selling Kids Music Group the MINI POP KIDS Celebrate their BRIGHT LIGHTS RELIT TOUR with New Video for "About That Time" | Cashbox Canada"
502:
While most of the compilation albums relied on the pop charts of the day, there were some that focused on hits from a specific genre. Examples include:
870:
590:
by The Comic Answer
Company Ltd. Each tape contained several short audio clips which were intended to be played back aloud and re-recorded onto an
488:
Every copy was sold. The idea of compilation albums was new, and the venture's unexpected success led to further releases. K-tel's second release,
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In the early 1980s, K-tel dabbled in the video game business under the brands K-tel
Software, K-tek Software, K-tel International (UK) Ltd. and
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279:. Traders with short positions either "bought in" or were forced to cover positions at very high prices because of the great losses.
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RIAA gold and platinum sales success. K-tel increased its worldwide sales, primarily of music-related products, and had a successful
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185:, Canada, and has been in business since the late 1960s. It has subsidiaries or other controlled entities in the US and UK.
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original recordings, in the process also securing a long-term asset through adding those recordings to their catalogue.
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1306:"'20 Original Hits! 20 Original Stars!' Inside K-Tel, the Innovator Behind the 'As Seen on TV' Compilation Album"
174:, the Miracle Brush, and the Feather Touch Knife. The company has sold more than half a billion units worldwide.
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461:, was released in 2020 in Canada. The series is promoted by a touring group that performs shows across Canada.
303:-charting hits, by the original artists, particularly songs from the 1950s through the 1980s. Tracks include "
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department store to carry the product and with a local television station to air the commercials on a
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Williams, George (August 2016). "K-tel founder Phil Kives sadly missed in
Manitoba racing circles".
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in 1980. K-tel lost $ 15.9 million when Candlelite's customers refused to pay for their shipments.
55:
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In 1970 the company briefly began distributing foreign films in the United States, beginning with
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In 1993, K-tel earned a $ 2.7 million profit on sales of $ 56 million, and in 1994, ranked #7 on
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1492:"Phil Kives, K-Tel pitchman 'As Seen on TV' who got America 'Hooked on Classics,' dies at 87"
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compilation – the first album that he ever owned – was 'the record that changed my life.'"
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8:
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1051:"We Just Lost Another Music-Related Personality: RIP The Founder of K-Tel - Alan Cross"
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559:(1979), a two-record disco dance tutorial with accompanying instruction book featuring
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is a Canadian company which formerly specialized in selling consumer products through
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764:: "Grohl told the crowd earnestly that the song's inclusion on a 1975 K-tel Records
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K-tel helped define the way people purchased music in the 1960s and 1970s. In 2013,
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K-tel infomercials were spoofed on late night television, leading to skits such as
347:
346:
K-tel distributes 200,000 songs worldwide per year on digital platforms, including
304:
1615:"THE COMIC ANSWER COMPANY LIMITED company key information - UK.GlobalDatabase.com"
853:"Philip Kives, K-tel founder and 'wait there's more' infomercial king, dies at 87"
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328:
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and live demonstration. Its products include compilation music albums, including
1281:"But wait, there's more! K-Tel, the Spotify of the '70s, is still going strong"
956:"Philip Kives, Pitchman Who Perfected 'As Seen on TV' Infomercials, Dies at 87"
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participated as voice actors. Examples and the impersonations therein include:
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Palmeri, Christopher; Meeks, Fleming (1993-03-15). "Veg-O-Matic does Europe".
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Kives bought and marketed a number of products from Samuel Popeil, father of
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Reece, Doug (1998-08-15). "K-tel moves into digital distribution of songs".
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Baig, Edward C.; Weiss, Gary (1998-05-18). "What's Making K-Tel Boogie?".
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In the late 1980s, K-tel International (UK) Ltd. released several novelty
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The company also created original records, including the Grammy-nominated
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1395:"K-Tel compilations were the Spotify of the 70s, thanks to one Sask. man"
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K-tel Records has also produced a Canadian children’s music group called
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1811:"Philip Kives, K-tel's creator, brought loud chutzpah to TV advertising"
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Spitting Image Answer Backs Royal Impressions answering machine cassette
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More Political Answerbacks (OCE 5502): Margaret Thatcher, Neil Kinnock,
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Spitting Image Answer Backs Celebrity Impressions for Your Answerphone
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1104:"51st Annual Report of the U.S. Securities and Exchange Commission"
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series and consumer products, including the Record Selector, the
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1783:"Dave Grohl's SXSW Keynote Speech: 'The Musician Comes First'"
722:. Although K-tel's other divisions left this market after the
1731:"Abandonware games published by K-Tel International (UK) Ltd"
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563:; included one side of disco songs featured in the lessons.
553:(1981) compiled songs of the burgeoining synth-pop movement
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Club Mix '96 Vol. 1 - Various Artists | Credits | AllMusic
1121:"K Tel International: Sweet Music For A Frenetic Marketer"
726:, K-tel UK continued to release several games into 1984.
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1109:. U.S. Securities and Exchange Commission. p. 141.
547:(1976) compiled novelty songs from the 1950s and 1960s.
1421:"Phil Kives, K-Tel International founder, dies at 87"
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tapes released in 1988, and made in partnership with
299:
The company now earns profits from its catalogue of
476:In 1966, Philip Kives released the company's first
805:cartoon series, where the fictional B-movie actor
1519:Nielsen Business Media, Inc. (25 November 2000).
235:and the K-tel Europe division from 1977 to 1984.
1876:
1147:. U.S. Securities and Exchange Commission. 1995.
1077:Newman, Roger (May 1986). "Report on Business".
1092:Newman, Roger (May 1986). "Report On Business".
581:
492:, sold 1.5 million copies in the United States
1564:
1525:. Nielsen Business Media, Inc. pp. 100–.
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464:K-tel’s company founder Phillip Kives died in
1219:"K-Tel Fails to Meet Nasdaq Listing Criteria"
452:, a series of recordings in which a group of
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212:-coated frying pan. He made a deal with the
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1265:. U.S. Securities and Exchange Commission.
869:Inc, Nielsen Business Media (1972-10-28).
54:
32:
16:Canadian international budget record label
1846:K-tel International, Inc. Company Profile
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527:(1975), soul and R&B hits of the day.
1756:"K-Tel Records - The Spotify of the 70s"
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1334:. Vol. 110, no. 33. p. 6.
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597:These recordings included at least five
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1754:Catalano, Michele (February 20, 2013).
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1055:Alan Cross' A Journal of Musical Things
681:More Celebrity Answerbacks (OCE 5505):
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1708:Spitting Image - Celebrity Answerbacks
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715:film, based on one of their records.
1895:Retail companies established in 1962
1563:"The New K-Tel". by Matt Ashare. in
1263:"SEC: Amendment 4 to Schedule 13e-3"
943:from the original on April 27, 2006.
1920:1962 establishments in Saskatchewan
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775:'s character Harvey K-tel pitching
13:
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1517:"When Compilations began with a K"
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809:promotes widgets on a show called
663:Celebrity Answerbacks (OCE 5504):
625:Political Answerbacks (OCE 5501):
14:
1936:
1834:
1036:Globe and Mail Report on Business
812:I Can’t Believe They Invented It!
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605:'s popular satirical puppet show
574:of classical recordings with the
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398:) and television programs (e.g.,
337:Help Me Make It Through the Night
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220:basis with a guaranteed minimum.
1852:NY Times article - K-tel spinoff
1571:. SPIN Media LLC. pp. 76–.
1565:SPIN Media LLC (December 1999).
1490:Schudel, Matt (April 28, 2016).
197:, a demonstration salesman from
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444:autograph signing event in 2015
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263:trading under the symbol KTEL.
1591:"K-Tel International (UK) Ltd"
1247:. May 18, 1998. Archived from
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980:
947:
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907:"K-Tel International (UK) Ltd"
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875:. Nielsen Business Media, Inc.
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846:
649:Royal Answerbacks (OCE 5503):
271:In mid-April 1998, during the
1:
1393:Kliem, Theresa (April 2022).
1239:"What's Making K-Tel Boogie?"
840:
513:(1975), mainly rock-oriented.
954:Fox, Margalit (2016-04-29).
582:Answering machine recordings
576:Royal Philharmonic Orchestra
7:
1890:Companies based in Winnipeg
1468:"K-Tel: The Secret History"
1010:"About K-tel International"
818:
752:, gave a keynote speech at
537:(1977), mostly 1950s music.
69:; 62 years ago
52:phonographic industry
10:
1941:
1910:Online retailers of Canada
1639:"The Comic Answer Company"
1145:"K-Tel Annual Report 10-K"
1049:Cross, Alan (2016-04-28).
711:. They produced their own
609:. Show regulars including
466:Winnipeg, Manitoba, Canada
188:
18:
1346:"K-Tel International Ltd"
1279:CBC Radio (23 Nov 2018).
936:The Canadian Encyclopedia
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133:
125:
111:
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1900:Home video distributors
1419:CBC News (April 2016).
1034:"Hall of Fame People".
1012:. K-tel. Archived from
152:K-tel International Ltd
1885:Canadian record labels
762:the Edgar Winter Group
445:
389:The Dallas Buyers Club
116:Television advertising
1619:uk.globaldatabase.com
1447:Canadian Thoroughbred
1180:"Gold & Platinum"
830:List of record labels
783:50 Psalms by 50 Stars
480:, a collection of 25
468:, on April 27, 2016.
440:
313:What I Like About You
193:K-tel was founded by
21:KTEL (disambiguation)
1227:. November 18, 1998.
1079:Death of a Salesman
395:Hotel Transylvania 2
199:Oungre, Saskatchewan
19:For other uses, see
1497:The Washington Post
1251:on October 9, 1999.
1038:. October 31, 2003.
796:Saturday Night Live
778:Stairways to Heaven
748:, the front man of
168:The Number One Hits
28:
27:K-Tel International
1866:K-tel non-Canadian
1816:The Globe and Mail
1549:has generic name (
1476:. January 9, 2005.
1224:The New York Times
960:The New York Times
891:has generic name (
793:’s "Bass-o-Matic"
708:Mr. Superinvisible
665:David Attenborough
570:Hooked on Classics
535:Rock 'N' Roll Show
446:
177:K-tel is based in
26:
1915:Pop record labels
799:performance, and
713:Pardon My Blooper
639:Margaret Thatcher
592:answering machine
523:(both 1973), and
521:Super Bad Is Back
478:compilation album
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1689:, 27 June 2020
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