Genesis Technologies, one of the audio industry's most respected names throughout the 1990s, has ceased operation and has filed for protection from creditors under Chapter 7 of US bankruptcy law. The company's website (www.gen-tech.com) has gone dark. Genesis was more than a million dollars in debt near the end, according to a source familiar with the situation, who spoke on condition of anonymity.
It's widely acknowledged that the American economy is in a downturn, but some economic indicators point otherwise.
As Jonathan Scull reports in his review of the <A HREF="http://www.stereophile.com//digitalsourcereviews/474/">Classé Omega Super Audio CD player</A>, "Classé has guts. These are uncertain times, but here they are with an audiophile classic: an expensive two-channel Super Audio CD player." Read how one of the first SACD machines from a high-end audio company stacks up.
Well known in the European audiophile community, British hi-fi manufacturer <A HREF="http://www.cyrusaudio.com">Cyrus Electronics</A> is preparing for the introduction of its brand in America. The company says it plans to use the upcoming 2002 Consumer Electronics Show next month to scout out US dealers and introduce several new products.
My friend Ed (not necessarily his name) used to be an audiophile. Ed had a great-sounding pair of floorstanding Joseph speakers, optimally placed so as to create a magic soundstage when he sat in the sweet spot. His component rack featured such famous high-end names as Mark Levinson, Meridian, and Z-Systems. But then Ed went DSL and discovered MP3s. Pretty soon, he was hanging as many hard drives on his PC as he could manage. His Josephs and his Levinson CD player gathered dust. Ed was enjoying his music sitting in front of his high-end Dell, with an active NHT Pro mini on either side of the monitor.
I'm a tinkerer. From homemade audio isolation and room-treatment products to a local area network (LAN) connecting my Macintosh laptops, I'm always building or modifying something. One of my latest projects is a combination of parts swaps and custom-machined bits to better adapt the ergonomics of my exotic Italian Bimota motorcycle to my distinctly un-Italian 6'3" frame. But regardless of what I'm into, I can't resist the urge to tinker.
The fate of a new format is often tied to a great demo on the showroom floor. Has your local high-end audio shop done SACD and/or DVD-Audio justice?
<A HREF="http://www.xmradio.com">XM Satellite Radio Holdings</A> is now in a position to operate well into the fourth quarter of 2002, thanks to a $129 million stock offering underwritten by Morgan Stanley Company. XM made the announcement in a press release dated December 10.
The received wisdom has it that among the billions of humans on earth, no two have identical fingerprints, no matter how closely related they are.
As Larry Greenhill reports in his review of the <A HREF="http://www.stereophile.com//digitalsourcereviews/469/">Sony SCD-C555ES SACD changer</A>, "I didn't know what to expect from multichannel SACD. Would a multichannel music-only disc give me high-energy dramatics? Would there be any room for meditative, closed-eyed, total progressive muscular relaxation?" As Greenhill says, "The best was yet to come."