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Webcasters, RIAA Sign Final Deal

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.

RIAA Targets Small Retailers

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 flea">http://www.stereophile.com/news/11514/">flea markets and swap meets, the Recording">http://www.riaa.com">Recording Industry Association of America (RIAA) announced a campaign to eliminate sales of unauthorized discs at gas stations, grocery and convenience stores, and small independent music outlets.

Retail Sales Sluggish

Electronics retailers typically depend on the winter holiday shopping season to boost their year-end bottom lines. The hoped-for buying surge apparently hasn't happened in 2002, since Best Buy and Circuit City are both projecting slow sales.

Pirates Pinched

Visit any major metropolitan city, and chances are you'll eventually stumble upon vendors selling pirate CDs from outdoor tables, often for as little as $5 each. But for the suburban resident in the US, flea markets are where the pirate action is.

Cirrus Logic Delays Wireless A/V Chips

Wireless local audio/video networks and surround sound systems have long been one of the electronics industry's holy grails, given the fact that a major cost in installing home theaters or whole-house audio systems is the wiring. The market potential is so great that major chipmakers have invested enormous amounts of research in developing products that would enable easy placement of audio and video systems anywhere in a home without the need for dedicated wiring.

Music Promotes Brain Growth

Want your kids to grow up smarter? Have them study music. Want to hold off the mental ravages of old age? Listen to music. Want to get high (legally), feel ecstatic, make your pain disappear? Music is the cure for what ails you.

Product Prognostications

The Consumer Electronic Association's (CEA) Gary Shapiro is known for maintaining an ever-optimistic stance on the progress of home entertainment, and a recent keynote at the Semiconductor Market Outlook Conference earlier this month provided an opportunity for him to reveal his top predictions for the future.

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