Bad Year for Music Biz
The year 2001 was a bleak one for the music industry. Of the major labels, only <A HREF="http://www.umusic.com">Universal Music Group</A> managed to turn a profit.
The year 2001 was a bleak one for the music industry. Of the major labels, only <A HREF="http://www.umusic.com">Universal Music Group</A> managed to turn a profit.
Imagine this: You're a modern kind of audiophile, and your music library is loaded and sorted (without any compression, of course) onto a hard-disk–based audio system which is networked throughout the house. You've also got a hard-disk–based audio system in your car.
We've all seen dozens, if not hundreds, of great musicians play live. But who have you personally met who you would rate as a great musician or composer?
The custom of giving presents at Christmastime recalls the Magi, or wise men, of the Nativity story (Matthew 2:1-16), who were most likely not "kings" but astrologers. Paintings usually depict three wise men presenting gifts to a newborn in a stable. However, a persnickety reading of Matthew's text reveals that the precise number of Magi, although it must have been at least two, is not stated. The text specifically mentions a house rather than a stable, and implies that Jesus was a toddler. So much for the great Renaissance painters doing their research, or even reading carefully. The text, however, does specify three gifts, and it is that inventory—of gold, frankincense, and myrrh—which has given rise to the common (but not necessarily commonsense) inference that the number of wise men was three.
<B>Part 1: Wes Phillips on the CD's genesis</B>
Where did your taste in music come from? Please explain.
Although some record labels have scaled back plans to add restricted-use technology to all CD releases, efforts continue to find the protection formula that consumers, and in particular record labels, will accept.
With the advent of Dolby Digital, DTS, DVD-Audio, and SACD, multichannel audio and its enthusiasts are not lacking for playback formats. What has been lacking, however, is recognition for outstanding achievements in the fledgeling surround music business. But not anymore.
On December 14, the music industry and small webcasters concluded their long and often-acrimonious negotiations on royalties. The two parties—the Recording Industry Association of America's (RIAA) "SoundExchange," a royalty-collecting body, and the Voice of Webcasters (VOW)—filed an agreement with the US Copyright Office in Washington that details generalities agreed to under the Small Webcaster Settlement Act (SWSA), signed December 4.
The music industry intends to leave no stone unturned in its war on piracy. Just a week after reports emerged about crackdowns on sales of pirated CDs at <A HREF="http://www.stereophile.com/news/11514/">flea markets and swap meets</A>, the <A HREF="http://www.riaa.com">Recording Industry Association of America</A> (RIAA) announced a campaign to eliminate sales of unauthorized discs at gas stations, grocery and convenience stores, and small independent music outlets.