LATEST ADDITIONS

After months of wrangling, the Secure Digital Music Initiative (SDMI) has announced its first set of standards for portable digital music devices. Manufacturers can now incorporate these standards into the designs of new products. Many industry observers believe that portables will be the next big wave in consumer audio, expected to hit the market by the winter holiday season.

One would think that the Internet was growing crowded with online music retailers such as CDnow/N2K, Amazon.com, EveryCD, and Tower Records, just to name a few, all hustling CDs. But the lure of gold in them e-commerce hills is hard to resist. Last week, barnesandnoble.com jumped into the fray and announced the launch of its own Music Store, featuring what the company describes as the first "online classical music superstore." Notably late to market with its online bookselling franchise, barnesandnoble.com hopes to gain ground against arch-rival Amazon.com by expanding beyond books and better focusing on niche markets.

The Jeff Rowland Design Group is alive and well and in no danger of going out of business. The company was the victim of hackers who recently broke into the company's website and posted a notice to the contrary.

According to a recent report released by Information Technology researchers Frost & Sullivan, the world Internet audio market generated revenues totaling $42 million in 1998, which dwarfs the 1997 revenues by 1516%. The report predicts that this market will continue growing at a healthy rate, achieving an increase into the triple percentage digits by the end of 1999.