On May 10, Tweeter Home Entertainment Group announced that it has insufficient working capital to cover its long- and short-term costs and may have to consider filing for Chapter 11. The immediate cause of the shortfall is the cost of closing 49 stores and two distribution centers. <I>This Week in Consumer Electronics</I> reported specifically that lump sum payments to lease-holding landlords was a contributory factor.

Lexington, KY&ndash;based Thiel Audio has announced that it will partner with Charlottesville, VA&ndash;based Crutchfield to offer its speakers online and in Crutchfield brick-and-mortar outlets. Thiel has been famously reluctant to go online, having established itself through its canny vetting of potential retail partners. It kept its distribution clean.

On May 8, Harvey Electronics, with 9 stores in New York, New Jersey, and Connecticut, announced that it would acquire the Myer-Emco chain's 10 stores in Washington and Maryland. Both companies are consistently ranked among the top "hybrid" retail operations, meaning they have retail locations and emphasize custom A/V installation services. The new company will be called Harvey Electronics, but tri-state area stores will continue to be called Harvey and DC area stores will continue to be identified as Myer-Emco.

My interest in wireless network music players began during David Hyman's <A HREF="http://www.stereophile.com/news/11662">keynote speech</A> at Home Entertainment 2003. Then CEO of Gracenote, Inc. (footnote 1), Hyman stunned me with his opinion that CDs and DVDs were already obsolete. Rather than pursue discs with greater storage capacity, Hyman urged industry designers to design music-server units with large hard drives to allow instantaneous access to any digital music track. With all of your music stored on a central hard drive, you could, within seconds, locate a specific track among thousands just by knowing the name of the artist, song, group, composer, year of recording, or even recording venue. Music mixes could be instantly grouped into playlists by the owner.

My interest in wireless network music players began during David Hyman's <A HREF="http://www.stereophile.com/news/11662">keynote speech</A> at Home Entertainment 2003. Then CEO of Gracenote, Inc. (footnote 1), Hyman stunned me with his opinion that CDs and DVDs were already obsolete. Rather than pursue discs with greater storage capacity, Hyman urged industry designers to design music-server units with large hard drives to allow instantaneous access to any digital music track. With all of your music stored on a central hard drive, you could, within seconds, locate a specific track among thousands just by knowing the name of the artist, song, group, composer, year of recording, or even recording venue. Music mixes could be instantly grouped into playlists by the owner.

My interest in wireless network music players began during David Hyman's <A HREF="http://www.stereophile.com/news/11662">keynote speech</A> at Home Entertainment 2003. Then CEO of Gracenote, Inc. (footnote 1), Hyman stunned me with his opinion that CDs and DVDs were already obsolete. Rather than pursue discs with greater storage capacity, Hyman urged industry designers to design music-server units with large hard drives to allow instantaneous access to any digital music track. With all of your music stored on a central hard drive, you could, within seconds, locate a specific track among thousands just by knowing the name of the artist, song, group, composer, year of recording, or even recording venue. Music mixes could be instantly grouped into playlists by the owner.

My interest in wireless network music players began during David Hyman's <A HREF="http://www.stereophile.com/news/11662">keynote speech</A> at Home Entertainment 2003. Then CEO of Gracenote, Inc. (footnote 1), Hyman stunned me with his opinion that CDs and DVDs were already obsolete. Rather than pursue discs with greater storage capacity, Hyman urged industry designers to design music-server units with large hard drives to allow instantaneous access to any digital music track. With all of your music stored on a central hard drive, you could, within seconds, locate a specific track among thousands just by knowing the name of the artist, song, group, composer, year of recording, or even recording venue. Music mixes could be instantly grouped into playlists by the owner.