T- Industry's Leaders
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08120 t- NEWSPAPER 90O28SJTH* )O9 1331 JUL79 52 05 312 31827014121, SOUTHEPN MUSIC PUB CO - 6922 HOLLYN7OD BLVD LOS Ai`.G. -LES CA 90023 A Billboard Publication The International Music -Record -Tape Newsweekly May 15, 1976 ritish Piracy Could Rise wimmor AT HONOLULU IMIC -6 o 50% Unless Combatted Industry's Leaders By NICK ROBERTSHAW LONDON -Geoffrey Bridge, director -gen- ket will be in the hands of the pirates within six I Facing Vital Issues eral of the British Phonographic Industry, months of our surrender. By ELIOT TIEGEL warns that 50% of the U.K. market for prere- "At the moment we estimate the incidence leaders represent- John Kenneth Galbraith, internationally re- corded music could fall into the hands of pi- of piracy to be in the region of 2% and our HONOLULU -Industry ing the worldwide music /record industries are nowned economist, in his keynote speech Fri- rates unless adequate funds are maintained to hope is to contain it at this level. But like mur- vital issues day morning, told the more 400 combat piracy and bootlegging. der, or theft, which it is, we will never elimi- addressing themselves to today's at than execu- In a strongly worded address to the BPI's an- control it at an Billboard's Sixth International Music Industry nate it entirely. At least we can Prof. Galbraith's complete keynote speech nual meeting, Bridge explained the financial acceptable level, provided you give us the Conference which concludes four days of Monday (10) at the Royal Hawaiian starts on page 3. headaches incurred by BPI in sustaining the tools, that is money, with which to do the job." meetings Hotel here. fight against piracy and in meeting legal ex- Commenting generally on the piracy situ- tives there are four forces affecting change in penses. ation. Bridge said: "It seems that in the third Presidents of companies and top manage- international economics. He said: "I can promise you one thing. If the full year of the BPI's activities, matters in- ment executives have attended 16 business ses- Under the topic banner, "The International funds are not forthcoming to enable us to con- volving bootlegging and piracy are on the sions since Lee Zhito, Billboard's editor -in- Economy And Its Prospect," Galbraith cited tinue our vigorous and successful antipiracy increase. Certainly matters seem to be in chief /publisher, opened IMIC -6 Friday morn- 1 -the growth of the large corporate enter - campaign in the U.K., at least 50% of our mar- (Continued on page 58) ing (7). (Continued on page 12) Military Exporters At AES: Semipro Mart PCB Boom Drops Auto Radio Audience Losing Discounts See $100 Mil By JIM McCULLAUGH & JOHN WORAM By STEPHEN TRAIMAN By RUDY GARCIA NEW ORLEANS -The citizens The forecasted gross for CB had NEW YORK -U.S. record manu- LOS ANGELES -A radical new What is still a technically oriented band equipment boom has already the most impact for the music indus- facturers are taking steps to deal departure in a professional audio conference featuring engineering produced a 12% decline in auto radio try at NEWCOM held here Monday with a troublesome problem- record recorder, new noise reduction sys- seminars coupled with new products listening, with only a 5% penetra- through Thursday (3 -6), though exporters who divert product to the tems as well as the staggering poten- and techniques in audio and acous- tion of the estimated 102 million cars the emphasis at the CB /Update domestic market. The chief weapon tial of a $100- million plus market for tics, blossomed also this year into a on the road. seminar was on the prospects for bus- being used is the elimination of spe- professional, semipro, sound rein- And with forecasts of 28.5 million iness in all market areas painted in cial price discounts to exporters and forcement and disco sound products professional products showcase for CB radios in cars alone by 1981 - glowing, though pragmatic, terms. military suppliers. highlighted the AES' 54th annual such familiar names in home audio 25% saturation -the industry should A record 350 exhibitors at the Su- Latest to join the growing trend convention here at the L.A. Hilton as JBL, Superscope /Marantz /Sony, be concerned. (Continued on page 47) (Continued on page 14) Hotel, Tuesday- Friday (4 -7). (Continued on page 48) Single Inventory For Col's New Classical SQ /Stereos By IS HOROWITZ Club DJs Blend Cuts NEW YORK -In a dramatic pol- icy switch, Columbia Masterworks For Cos.' Disco Disks has moved to a single inventory, By JIM MELANSON compatible SQ /stereo disk format on new 4- channel releases. They will NEW YORK -Blending of final - be marketed at the regular stereo mix disco tracks by club DJs for price. commercial and 12 -inch promo- In effect, the step represents a list tional releases is the latest twist in price slash of $1 in future recordings the ongoing discotheque scene. which have quad capability. Both Scepter and Salsoul have opted to come with disks featuring Pop product is not affected by the spinner blending, Scepter on "Nice move. New releases in other than will And Slow" by Jesse Green and Sal - Masterworks repertoire areas soul on "Ten Per Cent" by the group still be issued selectively in separate Double Exposure. stereo and SQ editions, with the The Alan Parsons Project -Alan Parsons who has garnered two Grammy $1 Brush yourself off and start struttin' tall. Carol Townes and Fifth Avenue DJ at 21 price differential of holding. nominations as engineer for Pink Floyd's "Dark Side Of The Moon" and for Walter Gibbons, Galaxy are here with more than a touch of class. Their debut album features nine The album which launches the Ambrosia debuts here as a triple threat- producer /composer /artist on here worked the Double Exposure fine songs all delivered with a smooth, sexy style and elegance that could is 20th Century Records rock adaptation of Edgar Allan Poe's "Tales Of tune while Howard Metz, spinner at new policy the cast recording of only come from a lady like this and the four gentlemen behind her. Carol Mystery And Imagination." This 20th Century concept LP, is a dream ex- Los Angeles' Circus Maximus club, the "My Fair Lady" revival, which Townes and Fifth Avenue. The uptown sound you can get down to. Break- panding experience. Poe was an uncanny dreamer, this is an uncanny gets blending credit on the Scepter was taped April 25 and is being ing Pop and R &B now. On Sixth Avenue Records. (Advertisement) album. (Advertisement) record. (Continued on page 39) (Continued on page 43) ( Advertisement Something big is coming. "Saddle Tramp;' new from The Charlie Daniels Band. On Epic Records and Tapes. e j W s "EPIC;' MARCA REG. (N 1976 CBS INC a www.americanradiohistory.com "She's p oin Eimer, the first single from the "Duisihrover" album sold 892,843* albums. Her many albums will the new single sell? "lhoimimito it will set thesworkl on fire. Effective 33 of AM 3J 197E 56002101j Produced by Bob Ear) www.americanradiohistory.com General News 3 Govt. Intervention In Wage And GALBRAITH INSIGHTS: Price Control May Be On Way By ELIOT TIEGEL HONOLULU -The growing control are worse than the inter- policy of this kind in Britain, he said, 67 was "a successful time in the his- ence in other industrial countries is trend toward direct governmental vention itself. adding that British economists have tory of modern industrial econom- seen only in the degree of the rise of intervention in the areas of wage Recalling that during World War been working with trade unions and ics, with prices stable and produc- the large firm and its special concen- and price control by many nations II he organized the wartime system the two great political parties which tion expanded generally." But during tration of power." He also pointed to throughout the world is how econo- of price control, Galbraith jokingly reflect a uniformed concern for eco- the last eight years things have sig- the narrowing of economic power mist John Kenneth Galbraith sees referred to himself then as "the least- nomic conditions. Citing a recently nificantly changed around the between stratas of workers so that the future for economic stablility. liked man in the U.S." Nevertheless, announced wage limitation policy in world. With inflation has come ris- what was once thought of as unattain- in order to avoid inflation and a the U.K., Galbraith called it "quite ing prices and instability in mone- able by many, is now sought after In his keynote speech opening combination of "inflation and extraordinary." tary exchange rates. "There is no and often obtained. Billboard's sixth International Mu- unemployment, I see no other way "In the last few months Canada monetary wisdom capable of affect- Seventy -five years ago capitalists sic Industry Conference Friday (7) but direct intervention. has also moved in this direction," ing the exchange rate so long as in- individually ran their own corn - at the Royal Hawaiian, Galbraith "Is the world moving in this direc- he added. flation exists," he said. panies, he said, and under them said the U.S. is probably the country tion?" he asked, "My guess is it is." Referring to the U.S., he said he "What has gone wrong ?" were directors and other associates. most likely to regard this trend as a ... As a result of what he calls the wouldn't be surprised if we moved There are four reasons for this With economic changes, Galbraith "theological rather than a practical "tyranny of circumstance." Most in that direction, adding it doesn't economic change, he First said old structure has almost move." said.