While doing background on the InnerSound Eros Mk.III electrostatic loudspeaker, Larry Greenhill discovers that "the presidents of all three American ESL companies share common names." But do they share a common sound? Greenhill investigates.
Last week found Recoton struggling to keep its head above water. This week Gemini Industries tossed the beleaguered company a rope, announcing that it had reached an agreement to acquire Recoton's consumer electronics accessories business. In support of this transaction and Gemini's growth plan, the company raised new funding from Boston-based Parthenon Capital.
The streak of acquisitions for D&M Holdings continues. Last month saw the company pick up its third major consumer electronics brand when McIntosh Laboratory was brought into the fold with Denon and Marantz. Last week, D&M announced that it was successful in a bid to acquire certain assets comprising the digital video recorder and MP3 business units of troubled SONICblue.
The best tonearm I ever heard was a second-generation Mission Mechanic, ca 1986. It was mounted on a Roksan Xerxes turntable, and I spent several happy hours listening to records on that combination (with a low-compliance EMT cartridge) in two very different systems: one with solid-state amplification from DNM and Roksan's own dynamic Darius loudspeakers, and the other—my home system of the time—using tube amplification from Conrad-Johnson and a borrowed pair of Stax electrostatic speakers.
I was trading e-mails with Roger Sanders, manufacturer of the Eros Mk.III electrostatic (ESL) loudspeakers, when it occurred to me to ask him about his name. I was struck that he had the same last name as Gayle Sanders, president of another American electrostatic speaker company, MartinLogan. Were they related? "No," replied Roger Sanders, "it's simply a coincidence that we have similar names. I've never even met him.
Stereophile was saddened to learn of the death of Herb Papier earlier this month. He was 86. A musician—he was an amateur trumpeter—music lover, and inventor, Papier was best known in the audiophile community as the designer and original manufacturer of the Wheaton Tri-Planar tonearm.
The music industry is facing its toughest business climate in recent memory, and slow sales are hurting not only the record labels, but music retailers as well. In the face of continuing sales declines, store closings, mergers and consolidations, layoffs, and seemingly intractable digital distribution issues, the industry came together last month for its annual National Association of Recording Merchandisers (NARM) convention and trade show in Orlando, FL.
On April 8, Recoton Corporation voluntarily revealed that it and all of its US-based subsidiaries filed for bankruptcy protection in the United States Bankruptcy Court for the Southern District of New York under Chapter 11 of the United States Bankruptcy Code.