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Stereophile Staff Posted: May 02, 1999 0 comments
Reuters has reported that Sony Corporation is experiencing a 20% drop in profits this year, brought about by poor showings from audio and video product sales, slow markets, price wars, and a lack of hit records. The report also stated that the electronics sector, which normally generates the bulk of Sony sales, saw operating profits decline by more than half compared to the previous year.
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Stereophile Staff Posted: May 02, 1999 0 comments
The Rounder Records Group, one of the largest independent record labels in the US, has signed on with Liquid Audio for digital music distribution on the Internet. As of April 28, Rounder will offer a substantial portion of its catalog for sale by digital download.
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Stereophile Staff Posted: May 02, 1999 0 comments
Last week, CDDB announced a newly designed, more user-friendly website for its large database of audio CD information. The database resource now provides free information on more than 360,000 CDs, which the company describes as the world's largest online CD music database. There are over 40,000 entries in the classical CD database alone, with rock logging three times as many entries at 126,000. The database gains about 500 new entries every day. Users can search by artist, album, or song title, and then cross-reference titles to other artists or discs.
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Jon Iverson Posted: Apr 25, 1999 0 comments
Every week we get an e-mail or two from online readers begging for a state-of-the-art set of searchable weblinks on the Stereophile website. Starting this week, your e-prayers have been answered. The Stereophile website now sports one of the Internet's most comprehensive set of qualified audio and video links---as of last count, they number more than 2500. The database is searchable in a variety of ways, and also groups similar categories.
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Barry Willis Posted: Apr 25, 1999 0 comments
The Grateful Dead were the most enduring and most worshipped of all the rock groups who originated in the San Francisco scene of the 1960s. The Dead spawned Deadheads, a global family of loyal followers, who lived for the communal high of Dead concerts, where recording by fans was encouraged by the band and its management. Deadheads continue to share recordings of those concerts through a vast network, including several websites. Until recently, at least two of the sites had been providing MP3 transmissions at no charge.
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Stereophile Staff Posted: Apr 25, 1999 0 comments
Toronto-based Lenbrook Group announced earlier this month that it had acquired NAD Electronics from AudioNord International, a Scandinavian organization that has owned the brand for most of this decade. The deal is expected to close next week, on May 3. Lenbrook will take over NAD's worldwide marketing and distributorship, but AudioNord will continue to market the brand in Holland, Belgium, Luxembourg, Germany, and Scandinavia. Other joint marketing ventures will follow, according to Lenbrook's public relations agent.
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Jon Iverson Posted: Apr 25, 1999 0 comments
Last Month, music labels, distributors, and retailers met in Las Vegas for the 41st annual National Association of Recording Merchandisers convention to wrestle with several new issues wrought by the digital age. NARM Chairperson Rachelle Friedman set the tone for the event when she stated in the keynote address that "for the music industry, the 21st century and the impact of the Internet have already thrust themselves upon us."
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Stereophile Staff Posted: Apr 25, 1999 0 comments
We posted an update on Peter Belt and his activities earlier in the month, but the saga began many moons ago. If you're curious about where it all began, or just need to know more, then J. Gordon Holt's "L'Affaire Belt" is for you. Stranger than fiction? Guaranteed.
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Barry Willis Posted: Apr 18, 1999 0 comments
There's gold in them digital music hills. This obvious reality---supported by the music industry's near-panic in the face of the phenomenal growth of MP3 in the past year---was reinforced last week, when Sony Corporation and International Business Machines announced a digital music mutual-aid pact at a press conference in Los Angeles.
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Stereophile Staff Posted: Apr 18, 1999 0 comments
In an aggressive move into the used audio equipment market, New York retailer Harvey Electronics announced last week that the company will begin to sell used audio products and special purchases of new merchandise on eBay, an online auction site, beginning June 1, 1999. The company also recently announced that it will sell merchandise through other website partnerships.
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Barry Willis Posted: Apr 18, 1999 0 comments
Cambridge, England's Meridian Ltd. has been making digital active (or self-powered) loudspeakers since 1990. Regarded as the best among the very few companies to offer such a product, Meridian has taken the concept to a new level by introducing three DSP-series loudspeakers with 24-bit/96kHz capability: the DSP6000, DSP5500, and DSP5000---all bearing the 96/24 suffix to distinguish them from their lower-resolution predecessors. Meridian introduced two 96kHz-capable subwoofers, the DSW1500 and DSW2500, at the 1999 Consumer Electronics Show.
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Stereophile Staff Posted: Apr 18, 1999 0 comments
Step all the way back to issue number one of Stereophile, in which Lucius Wordburger proffers some sage advice on How to Write an Ad. Learn about The Endorsement (hint: don't use Fidel Castro), The Calculated Omission, and The Junk Product.
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Jon Iverson Posted: Apr 18, 1999 0 comments
Last week, RealNetworks announced that it has signed a definitive agreement to acquire privately held Xing Technology, a developer and provider of MP3 software. Xing has been developing standards-based digital audio and video encoding and decoding technology since 1990, but eventually ran into trouble competing with other Internet-audio startups such as RealNetworks and Liquid Audio.
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Barry Willis Posted: Apr 11, 1999 0 comments
If you can't beat 'em, join 'em. Two music-industry giants---Bertelsmann Music Group and Seagram Ltd.'s Universal Music---have agreed to pool their resources in a joint Internet venture. GetMusic, as the website will be known, will sell compact discs in direct competition against traditional retailers, other Internet music services, and mail-order music clubs.
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John Atkinson Posted: Apr 11, 1999 0 comments
Stereophile magazine is pleased to announce that senior contributing editor Jonathan Scull has joined its full-time staff as senior editor. As of April 19, 1999, he will be based at parent company Emap Petersen's office on lower Fifth Avenue in Manhattan's Flatiron district.

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