The entertainment industry's worst worry—copyright infringement—just got a lot worse. A consortium of 12 major high-technology companies has been organized to promote a rewritable DVD technology developed by the Pioneer Electronics Corporation, according to a May 9 press release from Tokyo.
Warner Music Group rebounds: WMG announced Thursday August 19 that it was near completion of a major corporate restructuring, a move expected to save as much as $250 million annually. WMG had originally projected savings of $60 million per year. Earlier this year, the company was acquired by an investment consortium led by Edgar Bronfman, Jr., scion of the Seagram family of Montreal and former chief of Universal Music.
TrueSound Lounge: Headphone giant Sennheiser has opened an online music destination, the Sennheiser "TrueSound
Lounge", providing web-surfers an entertaining selection of new music from
company-supported emerging artists like Sugarcult and Jody Whitesides. The site also provides "fun, quick-witted web-video shorts from top commercial filmmakers and producers, fruits of the Sennheiser Invitational Film Project," and "concise info on Sennheiser's unequalled selection of personal listening products," according to a recent announcement.
XM on a roll: Recent marketing efforts appear to be paying off for XM Satellite Radio. On July 2, the satellite radio startup announced that it had exceeded the 2.1-million subscriber mark during the second quarter. More than 418,000 new subscribers signed up during that period—over twice the number recruited in the same quarter last year. XM-compatible products are appearing at an ever-increasing number of retail outlets, leading some observers to believe that the company may have a fighting chance in the long run.
A study released earlier this month by The Arbitron Company and Edison Media Research shows that Internet radio broadcasting continues to be a fast-growing medium. The survey of Arbitron diarykeepers also brings to light both the challenges and opportunities that the Internet presents to radio broadcasters, particularly in the much-talked-about arena of e-commerce.
Writing 30 years ago, in the November, 1971 issue, J. Gordon Holt tried to anticipate the cries of Sellout!? as Stereophile began taking its first ads from dealers. Holt wrote, "Before you throw your hands up in horror . . . bear with us for another couple of paragraphs while we explain why this decision on our part need not prompt you to cancel your subscription immediately."
The October issue is here, with revised and updated capsule reviews of 500 audio products that have been reviewed in the magazine, rated in six categories, from "E" for "Entry Level" to "A+" for those few products that are beyond criticism. Stereophile's "Recommended Components"often copied but never equaled.
YG's cute Carmel 2 speaker is featured on the new issue's cover and is exhaustively reviewed by John Atkinson inside. But the meat in our December issue is our annual "Products of the Year," where the magazine's writers and editors vote for the products that impressed them the most in the past year. There are some surprises, not the least of which is the great showing made by some very affordable components.
Retailer Audio Den (2845 Middle Country Rd, Lake Grove, NY 11755) is holding an evening with John Atkinson, Editor-in Chief of Stereophile magazine, on Saturday, October 15, starting at 5pm. Not only has John been writing about audio for 40 years, he has engineered, produced, mastered, and played on more than 40 commercially released recordings. He will be discussing how recordings are made and how this affects what you hear on your own system.