GamuT Audio has been acquired by Danish investment firm Rossing Nielsen Electronics A/S, according to an announcement released September 22. Under the new ownership, the number of GamuT products will be reduced to "provide shorter lead times and to make the brand more competitive," according to company principle Poul Rossing.
In Star Trek: The Wrath of Khan, the evil overlord's favorite torture was to introduce carnivorous worms into the ear canals of his prisoners. No one who saw the film can forget the agony of the victims, who gradually went insane as the worms ate through their brains.
One might think that the publisher of "The Largest Marketplace in the World for Audiophile Equipment" would have a vested interest in encouraging trading activity among his readers. One would think that such a publisher might take a neutral stance regarding fluctuations in the world market for used equipment. One would think that he would credit his readers with sufficient intelligence to decide for themselves whether any specific purchase, sale, or trade was a good deal.
Singer Sam Moore has won a protracted lawsuit brought against retirement fund trustees of the American Federation of Television and Radio Artists (AFTRA). The settlement of the nine-year-old case was announced in an Atlanta federal court on Wednesday, December 5.
A quarter-million dollars' worth of recording and duplicating equipment and hundreds of thousands of counterfeit compact discs and cassette tapes were just part of the booty seized by New York's Suffolk County police in what has been called the "biggest bust of bootleg music in US history." Twelve people were arrested in raids during the first week of September at warehouses in Manhattan, Queens, and Long Island.
Singer Dusty Springfield died at her home near Oxford, England last Tuesday, March 2, a few weeks before what would have been her 60th birthday and only one day before she was to have appeared at Buckingham Palace to be honored by Queen Elizabeth. The cause was breast cancer.
What a year. Stereophile.com ran hundreds of stories in 1998, covering events big and small in the intersecting realms of business, publishing, technology, and music---with some irresistible oddities thrown in here and there as journalistic spice. It's overwhelming to look back over Stereophile's first full year of online publishing and see exactly how much has happened. We've gone far, and sometimes wide, to bring you the news from an audiophile perspective.
More than 50 independent music labels ("indies") have signed on with Liquid Audio, the leading provider of music downloads over the Internet. The announcement was made March 19 at South by Southwest (SXSW), an annual music and media conference in Austin, Texas.