Edison Speaking Phonograph Co.

Edison Speaking Phonograph Co. A firm established on 24 Jan 1878 in New York, and incorporated 24 Apr 1878 in Norwalk, Connecticut. It was formed to make phonographs, based on Thomas Edison’s tinfoil phonograph patent (U.S. #200,521, granted 19 Feb 1878), the rights having been acquired through a syndicate that had purchased them from the inventor. Edison received $10,000 in cash for the manufacturing and sales rights, plus a 20 percent royalty on prospective sales. His instinct in selling out…