This is my final "Final Word." Although, combined with the announcement of A HREF="http://www.stereophile.com/news/10541/">J. Gordon Holt's resignation, this will undoubtedly cause rumors to swirl about Emap Petersen forcing all the old guys out, I assure you that my departure is of my own volition. It's a process that started back in 1997, when John Atkinson and I first talked about selling Stereophile, and for me it reaches its conclusion here.
An acquaintance in the world of CD distribution recently gave me an astonishing statistic: that the average classical title sells fewer than 2000 copies worldwide in its first year of release; which in turn means that many titles sell only about 500 copies! Given that the cost of producing a classical orchestral album can include up to $100,000 in union-mandated musician fees, such minimal sales guarantee financial disaster.
My eyes were inexorably drawn to a surprising headline this morning: "New Studies Say Universe Younger than Objects In It." A study by Indiana University's Michael Pierce has just been published establishing a new value for "Hubble's Constant" (the ratio of velocity to distance for distant, receding galaxies) which suggests that the universe may be as young as 7 billion years old; at the same time, researchers at Harvard are saying that the universe is somewhere between 9 and 14 billion years old. Quite a discrepancy! (A billion here, a billion there—pretty soon you're talking real age.)
By now you've no doubt realized that Stereophile has changed its size—from 5½" by 8 7/16" to 7½" by 10¼". (All right—maybe you didn't know the exact dimensions of the change, but that's what they are.) We have Edward Chen, Publisher of Stereophile's Chinese edition, to thank for our new size. It is the same size as the Chinese Stereophile and a common size in the Far East. We've been admiring it in Chinese for the last two-and-a-half years, and we thought it would make sense in English as well.
By the time you read this, I will have been fortunate enough to have attended a banquet put on by Harry Pearson in celebration of The Abso!ute Sound's 20th anniversary. Stereophile and TAS may have had their disagreements from time to time, but I take this opportunity to congratulate Harry and his staff on 20 years of excellent high-end publishing. I believe it's not excessively immodest to report that high-end manufacturers frequently remind me of their gratitude for the healthy and vibrant high-end publishing community which exists in the United States—and does not in most other countries. Many publications make up this community, but Stereophile and TAS are certainly the most widely read.
Some time ago I wrote about the need for high-end audio companies to constantly reinvent themselves: You may be receiving accolades for your latest and greatest product, but you'd also better be well along the path to developing its replacement. High-end audio is a field of constant change; no product remains supreme for long.
I sometimes do crazy things to experience live music. In my late teens I met a woman—a friend of a friend of my girlfriend—who was a flautist attending the Mannes School of Music in New York City. She was a classic New Yorker, from a classic New York family. Though apparently demure and retiring, she had fearlessly ridden the city subways since childhood, taking the Broadway line at any hour of day or night (her stop was Dyckman Street, above 200th). All of her parents' money and energy, such as it was, had gone into their daughter's musical career, and I was so inspired by this level of focus and devotion that I hitchhiked from Boston to New York and back in order to attend her first concert, a performance of the two Mozart flute concerti. My presence was remarked upon as the act of a true friend, but I was the beneficiary: It was a great concert, and a good start to a life of experiencing the "call" of live music.
People of my generation have learned that change is certain. You can't know what the change will be, but you can bank on the fact that there will be serious change over the next ten years. Look at the historically most important change in ten years: microcomputers.