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LATEST ADDITIONS

Sony & BMG Tie the Knot

And then there were four: Sony's music division and German media company Bertelsmann, parent of the BMG record label, have decided that they've got a better chance under one roof. Last week, the two companies revealed that they will merge their music divisions into a new company called Sony BMG.

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Stanalog Acquires Well-Tempered Labs

Few audio products have proved as enduringly fascinating to audiophiles as William Firebaugh's Well-Tempered Turntable design. At once elegantly simple and technically sophisticated, it was an immediate hit with music lovers and critics alike&mdash;and was long a staple of <I>Stereophile</I>'s "Recommended Components" list. For the greater part of the product's 20-year lifespan, the Well-Tempered 'table has been distributed and manufactured under the direction of Transparent Audio, Inc. However, Carl Smith, the Transparent partner who supervised the manufacture of the Well-Tempered line, decided to retire this year, and Transparent determined that it should concentrate on its cable business.

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Peter J. Walker 1916–2003

I am saddened to report that Peter James Walker, the founder of quintessential English audio company Quad, passed away on December 10, after a long illness. He was 87. Peter Walker had been married twice; both his wives had died before him. He is survived by a daughter, Victoria, and a son, Ross, the latter having played a major role in managing Quad through the 1970s and '80s.
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Retail Bouncing Back?

Retail may be bouncing back. Best Buy, North America's number one electronics chain, reported an 18% gain in total sales for its third quarter ended November 29. The Richfield, MN&ndash;based operation posted $6.03 billion in total sales, with same-store sales up 8.6%.

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