They've been around for years, under a variety of guises and from an evolving list of manufacturers and distributors. But the <A HREF="http://www.stereophile.com//loudspeakerreviews/361/">BBC LS3/5a loudspeakers</A> still cling to their legendary status. We provide not only J. Gordon Holt's original 1977 review for <I>Stereophile</I>, but also follow-ups from 1984, 1989, and 1993. Read about the little speaker that could.

The European Commission isn't especially fond of joint ventures by international media conglomerates. Last year, the EC successfully squashed a proposed merger of EMI and Warner Music Group on the grounds that WMG's parent company, AOL Time Warner (then simply Time Warner), combined with the UK's biggest name in music, would create "a virtual monopoly" of the European music market. A few months later, merger discussions between EMI and Bertelsmann Music Group (BMG) similarly went nowhere. EC investigators also looked into price-fixing in the European CD market early this year.

The first fiscal quarter was a slow one for major electronics retailers. Eden Prairie, MN&ndash;based <A HREF="http://www.bestbuy.com">Best Buy</A> reported a 3.1% drop in comparable-store sales, attributing the slowdown to diminished demand for personal computers. That figure is for stores open a year or longer; Best Buy's total sales for the quarter rose 25% to $3.69 billion from $2.96 billion, thanks to 11 new stores and the addition of the Musicland Group of music stores, which Best Buy acquired earlier this year. Although demand for hardware such as digital cameras, DVD players, and high-definition television sets was "brisk," the market for music CDs lagged more than 6% from last year, company officials explained.

In his <A HREF="http://www.stereophile.com//thefifthelement/358/">The Fifth Element #2</A>, John Marks discusses in detail how to use common household items to render some audiophile magic. Marks explains, Aall you need is a very long piece of string, a tape measure, two bits of masking tape, a quantity of small self-adhesive removable note papers, and later, perhaps, a trip to the fabric store."

Which has more value in the 21st century: the constitutionally-guaranteed right to free speech or the music industry's right to protect its encryption technology? Princeton University professor Edward W. Felten intends to find out.

When is a music sample not a sample but an actual product? Are those 30-second audio snippets used at online music-retailer websites and in stores considered samples and therefore covered under fair use copyright laws? These are some of the questions that the <A HREF="http://www.narm.com/">National Association of Recording Merchandisers</A> are asking the copyright office as another battle heats up between the record labels (represented by the Recording Industry Association of America (RIAA)) and the music retailers (represented by NARM).

With the proliferation of audio and video formats based on the 5.25" disc (CD, DVD-Audio, SACD, CD-R, CD-V, DVD, <I>etc</I>), buying a universal player that can decode anything thrown at it is many a consumer's Holy Grail. But to date, the vast majority of manufacturers (Pioneer being a notable exception) have been taking sides, choosing to exclude either SACD or DVD-Audio playback from their machines.

Music industry attorneys may not enjoy much of a summer vacation. The season got off to a litigious start with a flurry of lawsuits by and against record labels and music-based websites.

From the vantage point of a devout music lover, two-channel audio is more satisfying and more inclusive than ever these days. In terms of resolution, clarity, linearity, transparency, soundstaging, frequency extension, and sheer performance value, aspiring audiophiles have never had it so good.