Bust and Booms on the Download Front
With good news to share about new downloads, let's dispense with the downer first. As <A HREF="http://www.twice.com/article/CA6661607.html?nid=2402&">reported by Twice.com</A>, HDGiants, aka MusicGiants, filed for Chapter 11 bankruptcy in US Bankruptcy Court on May 18. Although the site, often praised by <I>Stereophile</I> as a leader in CD-quality and high-resolution music and video downloads, still appears to be operating, the layoff of its sales and marketing staff raises serious questions about its future.