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."
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.
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.
As first reported April 8 in EETimes, Sony has made known its plans for the first generation of Super Audio Compact Disc (SACD) players, to be released in Japan this May. For the last several months, Sony has been suggesting that the SACD format would be going head to head with the competing DVD-Audio format, despite overtures from the DVD-Audio Working Group to join in a single all-encompassing specification.
Last week, The Recording Industry Association of America released its year-end anti-piracy statistics, which it says reveal an increase in the number of counterfeit and pirate CDs and CD-recordables confiscated in 1998. "We've had tremendous success this year with our anti-piracy initiatives," said Frank Creighton, senior vice president and director of anti-piracy. "Between the many CD plants around the country adopting better business practices to the scores of universities signing up for our copyright education program---we're making strides on all fronts."
Last week saw a flurry of announcements in the online audio and video streaming business, capped off by Yahoo!'s acquisition of Broadcast.com. Yahoo! says it has signed a definitive agreement with Broadcast.com whereby Yahoo! will issue 0.7722 of a share of Yahoo! common stock for each share of Broadcast.com common stock. In addition, all outstanding options of Broadcast.com will be converted into Yahoo! options. The acquisition is expected to be completed in the third quarter of 1999 and is valued at around $5.7 billion, including $4.8 billion in Broadcast.com common stock and $900 million in stock options.
First with CD players, then digital preamps, and recently amplifiers, digital technology has ground inexorably through the audio chain. Several companies have been developing ways to shorten the analog path or remove it entirely. Meridian's "digital" loudspeakers come to mind, as well as the amplifiers from manufacturers Spectron and TacT.
Stereophile readers tend to exhibit above-average interest in the art and science of reproducing music in the home. Those whose interest extends back up the recording chain and into the recording studio may want to take a look at the Prestige Studios of the World website, developed by an Internet company looking to show off its digital wares.
Last week, Philips Electronics and Sony Corporation announced the completion of Version 1.0 of the Super Audio Compact Disc (SACD) format specification. According to a statement, the format specification will be released to licensees early this month to allow hardware manufacturers and software providers to begin preparing products for launch in the coming months.