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Retailing: Mixed Results

The last months of 2002 were uneven ones for electronics retailers. American consumers, apparently trying to stretch their home entertainment dollars as far as possible, patronized discount stores while bypassing more upscale competitors.

Industry Roundup

Price fixing rumors squashed: On Tuesday, December 23, the US Department of Justice officially ended a two-year investigation of price fixing by major record labels, with a report that it had found no evidence to support any of the allegations. The investigation began in summer 2001 and concentrated primarily on online music service MusicNet, a joint venture by Warner Music Group, EMI Group, BMG Entertainment, and RealNetworks; and Pressplay, a joint venture by Sony Music Entertainment and Universal Music Group. The majors had been accused of conspiring to keep startups out of the online music distribution business.

HD Radio Goes Live

There's traditional AM and FM radio, there's XM and Sirius satellite radio, and there are various cable and satellite dish "radio" music services. And finally, there's HD Radio.

The Return of Fried Products

One of audio's true originals, Irving "Bud" Fried first made his mark in the late 1950s by becoming an early US importer of Lowther corner horn and Quad electrostatic loudspeakers. By 1975, he had established his own company and began releasing speaker models under the Fried nameplate.

25 Million iTunes

The music industry's traditional packaged-goods retail business may be continuing its long decline, but the sale of downloadable tunes is hot and getting hotter.

Added to the Archives This Week

The audiophile Rosetta Stone? From the December issue, Kalman Rubinson goes looking for the perfect all-purpose audio player as he reviews the Linn">http://www.stereophile.com/digitalsourcereviews/1203linn">Linn Unidisk 1.1 universal disc player. As KR notes, "Even more important than comprehensive compatibility will be any truly universal player's ability to optimally play back all of these formats without robbing Peter to pay Paul."

CES Debutantes

Audio manufacturers love to make big announcements at the annual Consumer Electronics Show (CES) in Las Vegas (which runs January 8–11, 2004), and the upcoming show is no exception. In addition to Fried Products' aggressive relaunch (see related story), several other companies are heading in new directions.

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