"The monthly miracle," it's called in publishing: that magical moment when the new issue of your magazine arrives in the mailbox hot from the printer. And with this issue of Stereophile—No.274, or Vol.25 No.11—we celebrate the 40th anniversary of the start of our "miracle." With the 20 pages of Issue No.1, Vol.1 No.1, cover-dated September-October 1962, "Ye Editor & Publisher" J. Gordon Holt introduced both a new audio magazine and the philosophy that an audio product is best reviewed by doing exactly what its purchasers will do: listen to it. On that small rock of an idea was founded not only Stereophile but the entire high-end audio industry. Here, reprinted from a 1974 anthology of the first 12 issues, is J. Gordon Holt's description of the events that led up to the founding of Stereophile:

And I used to think our annual "Records To Die For" issue was difficult. Whew! When it came down to choosing the 40 most influential rock/pop, jazz, and classical records of the past 40 years, during which this magazine has been the most honest and enjoyable source of high-end audio journalism, my initial list contained more than 200 choices. A painful paring-down process ensued, with input from every member of the Stereophile staff.

And I used to think our annual "Records To Die For" issue was difficult. Whew! When it came down to choosing the 40 most influential rock/pop, jazz, and classical records of the past 40 years, during which this magazine has been the most honest and enjoyable source of high-end audio journalism, my initial list contained more than 200 choices. A painful paring-down process ensued, with input from every member of the Stereophile staff.

And I used to think our annual "Records To Die For" issue was difficult. Whew! When it came down to choosing the 40 most influential rock/pop, jazz, and classical records of the past 40 years, during which this magazine has been the most honest and enjoyable source of high-end audio journalism, my initial list contained more than 200 choices. A painful paring-down process ensued, with input from every member of the Stereophile staff.

And I used to think our annual "Records To Die For" issue was difficult. Whew! When it came down to choosing the 40 most influential rock/pop, jazz, and classical records of the past 40 years, during which this magazine has been the most honest and enjoyable source of high-end audio journalism, my initial list contained more than 200 choices. A painful paring-down process ensued, with input from every member of the Stereophile staff.

And I used to think our annual "Records To Die For" issue was difficult. Whew! When it came down to choosing the 40 most influential rock/pop, jazz, and classical records of the past 40 years, during which this magazine has been the most honest and enjoyable source of high-end audio journalism, my initial list contained more than 200 choices. A painful paring-down process ensued, with input from every member of the Stereophile staff.

And I used to think our annual "Records To Die For" issue was difficult. Whew! When it came down to choosing the 40 most influential rock/pop, jazz, and classical records of the past 40 years, during which this magazine has been the most honest and enjoyable source of high-end audio journalism, my initial list contained more than 200 choices. A painful paring-down process ensued, with input from every member of the Stereophile staff.

CARTER, COBB, COLEMAN, STERN: 4 Generations of Miles
George Coleman, tenor sax; Mike Stern, electric guitar; Ron Carter, bass; Jimmy Cobb, drums
Chesky JD238 (CD). 2002. David Chesky, prod.; Barry Wolifson, eng.; Nicholas Prout, mastering. DDD. TT: 67:06
Performance ****½
Sonics *****

The Recording Industry Association of America (RIAA) has gone on record opposing the Artistic Freedom Act, introduced for consideration by the New York State Assembly on October 28 by Speaker Sheldon Silver. The bill would free artists from long-term contracts—now sometimes as long as 25 years—and would give them "free agency" status.