Where Pogs and Pokemon once ruled, HitClips have taken over. HitClips are hot. So hot, in fact, that Hasbro Incorporated's Tiger Electronics division has sold more than 20 million of them at $3.99 each. That's $80 million gross on a single product, a figure that probably no high-end audio company has ever reached.
At the start of his review of the Balanced Audio Technology VK-D5 CD player, Jonathan Scull observes, "Man, has Balanced Audio Technology come a long way in a short time." Scull goes in-depth with the VK-D5 to explain just what he's found.
The Recording Industry Association of America (RIAA) has requested increased federal funding for the ongoing struggle against the pirating of recorded music. On Tuesday, April 23, the organization's executives asked the US House of Representatives' Appropriations Committee for more money to pursue pirates. Such allocations come directly from tax revenues, according to reports from Washington.
In addition to fostering the exchange of audio files, peer-to-peer websites may be sharing the problems of increased legal liabilities and bandwidth drains for businesses which allow employees to access file-sharing sites from corporate networks.
It is with regret that we belatedly note the passing of Joanna Nickrenz, one of the most respected American producers of classical recordings, on February 9. Within the small world of those who passionately care about the sound of recorded music, Ms. Nickrenz, along with her partner Marc J. Aubort, was a legend. Many audiophiles—including Stereophile's editors—considered the names Nickrenz and Aubort on a project a guarantee of natural, dynamic, accurate sound.
Jonathan Scull says he likes "stories with happy endings." Will his time spent with the Conrad-Johnson Premier 16LS preamplifier leave a smile on his face or a frown? J-10 comments, "As always, after a period of time, I began tweaking until I got the sound just so, then whipped out the laptop and . . . " filed this report.
National Association of Recording Arts and Sciences (NARAS) president C. Michael Greene has abruptly resigned in the wake of sexual harassment allegations by female executives at the nonprofit organization, which produces the annual Grammy Music Awards show.
Record companies are having a tough time making new friends these days as they toy with ways to restrict consumer use and distribution of their products. Amid sliding sales, mediocre new releases, high prices, and failed attempts at implementing restricted-use CD technology, the big labels clearly need some advice on getting back on track.
By several common measures, the American economy appears to be emerging from its first recession in a decade. On Friday, April 26, the US Commerce Department reported economic growth of 5.8% (annual rate) for the first quarter. Gross domestic product (GDP), generally considered the broadest indicator of the economy's health, was the strongest since the final quarter of 1999. The 5.8% rate is especially encouraging in view of the 1.7% rate during the fourth quarter of 2001. The US Labor Department also reported a decline in first-time applications for unemployment benefits during the last week of April.