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Founded by Phil Kives, K-Tel Vision was the software arm of that same K-Tel
company that hawked disco compilations and teflon pots and pans on late night
TV. In the mid-80's, K-Tel branched out into real estate investment, film production
(spaghetti westerns),
and videogame software among other things. This led to losses of $60 million
in 1984 and bankruptcy in 1986. Some software was also marketed under the name
Front Runner, a short lived attempt at reviving their software division. K-Tel
eventually bounced back and their stock price skyrocketed with the announcement
that they would sell music online, but this never came to be and the shareholders
were ultimately burned while the founder and president made millions. Before
their great crash in the mid-80's, K-Tel left us with two Atari 2600 games that
were distributed in Canada and Europe. Both feature unusual handles on the cartridge
case, and are very hard to find, especially in the US. K-Tel also distributed
Xonox games
overseas. | |
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