LATEST ADDITIONS

Are order and justice coming to the lawless frontier of the Internet? The <A HREF="http://www.ascap.com/">American Society of Composers, Authors, and Publishers</A> has a new tool for cracking down on unauthorized use of copyrighted material on the Internet. Developed by <A HREF="http://www.omservices.com/">Online Monitoring Services</A>, EZ-Seeker is "web crawler" software that tracks down music and then issues license forms to the users of that music. The announcement followed by less than a week the news (see <A HREF="http://www.stereophile.com/news/10208/">previous report</A>) of the <A HREF="http://www.riaa.com/">Recording Industry Association of America</A>'s $750,000 settlement from makers of unauthorized "DJ compilations" of hit songs.

Canton, MA-based <A HREF="http://www.tweeter.com/">Tweeter Home Entertainment Group</A> (NASDAQ: TWTR) has gone public. Last Thursday, July 16, the East Coast audio and video retailer launched an initial public stock offering of 2.71 million shares at an offering price of $17/share.

The Three Tenors may have reached a global audience of 2 billion people during their performance prior to the final game of the World Cup, but they had only 80,000 fans on hand in Paris's Champs de Mars park, acording to estimates by Paris police. That number was only 10% of the anticipated 800,000, most of whom stayed away because of unseasonably cold and windy weather.

John Atkinson recently forwarded me an e-mail from reader Daniel Sandmeier. Eight full months after moving into a new home, Mr. Sandmeier had finally experimented with speaker placement. He was flabbergasted by the result.

The High End has reached a new low, one characterized by "existential angst." That's how Lawrence M. Fisher of the <A HREF="http://www.nytimes.com/"><I>New York Times</I></A> describes the industry's ongoing malaise. In a well-researched and well-written piece that appeared last Thursday, July 9, Fisher cites "demographic and economic issues beyond its control and technological trends that threaten its very relevance." He mentions the economic crisis in Asia---destination for a large proportion of American high-end audio products---as a major contributing factor to the stagnation in which much of the industry is mired.

Rumors began surfacing last month that McCormack Audio might be on the ropes. Long known for their value-oriented high-end products such as amps and preamps, the company had been struggling for the last couple of years (for reasons not connected with the quality of its products). But a savior has appeared that looks to put the company on a sure footing.