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Stereophile Staff  |  May 07, 2000  |  0 comments
The continuing legal attacks on Napster, the free file-sharing software, and on, the downloadable music site, have spooked investors, according to the financial press.'s stock got hammered hard, dropping by about 40% almost immediately in the wake of a recent decision by US District Court judge Jed S. Rakoff in favor of the Recording Industry Association of America's copyright-violation complaint against the Internet startup.
Barry Willis  |  May 07, 2000  |  0 comments
In early June, Toshiba will institute a new retailing program that embraces the Internet but favors traditional retailers. The electronics manufacturing giant will have "a defined group of Internet retailers" that will be built on a base of traditional retailers, according to an announcement made in late April. Later, the program will be expanded in stages to include Internet-only retailers. The announcement follows an announcement by Sony Corp. late in January that Sony would begin direct Internet sales this year.
Barry Willis  |  May 07, 2000  |  0 comments
It's mating season for entertainment-industry giants. Sony Music Entertainment and Universal Music Group are in talks to develop a jointly operated subscription music service for the Internet, according to a report the two companies issued in the first week of May. The news followed by only a week an announcement of a possible merger between record clubs Columbia House and BMG Music Club.
Stereophile Staff  |  Apr 30, 2000  |  0 comments
Jonathan Scull thinks he has uncoverd the hot audiophile topic for the new millennium—e-commerce. He lays out the situation in "Fine Tunes" #19. Find out what various manufacturers are up to, and why.
Stereophile Staff  |  Apr 30, 2000  |  0 comments
Progress toward a working digital radio technology took a big step forward in April with the addition of Lowpass Prototype Inc. to the development team. According to an April 27 press release, USA Digital Radio, Inc., a privately held digital radio technology company owned by the nation's largest radio broadcasters, has added the manufacturer of radio-frequency systems for radio and television transmission to its coalition to develop and commercialize digital AM and FM radio.
Jon Iverson  |  Apr 30, 2000  |  0 comments
It's been an up-and-down week for consumer-electronics companies, as revealed by recent earnings reports surfacing around the globe. First, the bad news: Sony reports that its profits fell 32% in the latest fiscal year, and cites the strong yen for depressing the value of the consumer-electronics and entertainment company's overseas earnings.
Barry Willis  |  Apr 30, 2000  |  0 comments
The roller-coaster fortunes of took a downturn April 28, when US district judge Jed S. Rakoff found in favor of the Recording Industry Association of America in its copyright-violation suit against Internet music site Investors in the once–high-flying startup immediately began unloading shares of the company's stock, which had dropped 40% by the end of the trading day.
Jon Iverson  |  Apr 30, 2000  |  0 comments
In hopes of stoking the multichannel DVD-Audio engine, Burr-Brown announced last week the PCM1604 audio digital-to-analog converter, which they describe as a high-performance, 6-channel audio DAC featuring 24-bit capability and 192kHz sampling, for use in a "wide variety of multichannel audio applications."
Jon Iverson  |  Apr 23, 2000  |  0 comments
The healthy trend for the audio market continues: the Consumer Electronics Association reported last week that revenues from factory shipments of audio products to dealers this February increased by 8% over last February, to a total of $542 million. "The fantastic sales in February spurred the year-to-date total for audio sales to more than $1 billion; a 6% increase over the first two months of 1999," said the CEA.
Jon Iverson  |  Apr 23, 2000  |  0 comments
The Napster saga continues. As reported last week, software maker Napster and several colleges were looking at a likely court battle, instigated by music group Metallica and others attempting to prevent their songs from being distributed via MP3 audio files without official consent or payment of royalties. After Metallica announced its suit, rapper Dr. Dre also jumped in, giving Napster until last Friday to remove links to his work.
Barry Willis  |  Apr 23, 2000  |  0 comments
The numbers are looking better for, the music-archiving site under attack by the Recording Industries Association of America and its allies. Despite the legal pressure, has seen its revenues surge as the popularity of downloadable music continues to grow. On April 20, the San Diego–based company reported that its revenue increased to $17.5 million for the first quarter of 2000 compared to $666,000 for the same period a year earlier. now has 10 million registered users, according to CEO Michael Robertson.
Barry Willis  |  Apr 23, 2000  |  0 comments
The world's two largest and most active music clubs may become one if preliminary talks between their parent companies bear fruit. Time Warner Inc. and Germany's Bertelsmann AG have conducted discussions with that outcome in mind, according to several reports appearing in late April.
Stereophile Staff  |  Apr 23, 2000  |  0 comments
Can Jah Atkinson believe his ears? The PS Audio Power Plant P300 touched an audio nerve with JA, who interviewed the designer, Paul McGowan: High-End Survivor, for the May 2000 Stereophile. As a bonus, we include JA's follow-up to Robert Deutsch's review of the P300, also from the May issue.
Jon Iverson  |  Apr 16, 2000  |  0 comments
They may sing about death and destruction, releasing albums with titles such as 1983's Kill 'em All, but underneath the menacing exteriors, Metallica is really just a group of sensitive artists.
Barry Willis  |  Apr 16, 2000  |  0 comments
Congress has blocked a controversial plan that might have launched approximately 1000 low-power community radio stations. On Thursday, April 14, the US House of Representatives voted 274-110 in favor of a bill that would effectively kill development of about 80% of the stations. The vote was a blow to Federal Communications Commission chairman William Kennard, who has been a staunch supporter of the community radio movement, and a gift to the National Association of Broadcasters, which has long opposed low-power radio.