Stereophile Staff

On May 23, the Juilliard School of Music announced the selection of 18 instrumentalists who will form the core of the newly-created Juilliard Jazz Orchestra. As orchestra members, the musicians will benefit from tuition-free study at the school's recently established Juilliard Institute for Jazz. The creation of the institute—a collaboration of the Juilliard School and the "Jazz at Lincoln Center" program—is an indication that the prestigious institution is further acknowledging the importance of jazz, an indigenous American genre that many critics have called "the classical music of the 20th century."

Cirrus Logic has initiated cutbacks in its workforce and other cost-reduction moves that are expected to save as much as $12 million annually. The Austin, TX–based semiconductor company stated May 15 that the measures are part of a general restructuring of its business model, in which its magnetic storage chip business will be de-emphasized in favor of its semiconductor business. Cirrus is the parent company of Crystal Semiconductor, maker of many high-performance digital audio chips.

The Home Entertainment 2001 show, held in New York City May 11–13, 2001, received high marks and a standing ovation from show attendees, who came to experience some of the most innovative and exciting consumer electronics products in decades.

Analog playback equipment, the high art of 20th century audio, will be the theme of the "Analog Ballroom" in the Regent Parlor on the 2nd Floor of the New York Hilton during Home Entertainment 2001.