Circuit City turnaround: After a long slump, the Richmond, VA–based retail chain is finally on an upswing. The company reported a 7% increase in sales for the first fiscal quarter, ended May 31—a total of $2.1 billion. Same-store sales rose 6.4%. The total included $21.5 million in revenue from InterTan, a group of Canadian stores acquired by Circuit City on May 12. Circuit City's strongest product categories were flat-panel TVs, digital cameras, computer gear, and portable audio players.
As a result of the RIAA's aggressive attempts at legislation and lawsuits, it is widely understood that government control is an integral component of the music industry's plans to limit the ways in which copyrighted music can be used. But how far will the industry go to control the technology used to play back your favorite tune?
From the June 1999 issue, Jonathan Scull surveys the <A HREF="http://www.stereophile.com/amplificationreviews/699pass">Pass Labs X1000 monoblock power amplifier</A>. JS notes, "Pass Laboratories' X amplifier series represents the efforts of designer Nelson Pass to prove that simple linear amplifier topologies can be scaled to provide high-quality audio performance at <I>very</I> high power levels."
While Universal's heavily publicized attempt at CD price reduction didn't pan out as hoped last year, there is evidence to suggest that CD prices may be slowly moving downward.
The Home Entertainment 2004 East Show, held in New York City, May 20–23, at the New York Hilton & Towers, gave Show attendees a memorable weekend filled with live music, educational seminars, a special movie night, and a grand concert—all included with the price of admission to the Show.