Sometimes you have to wonder why big corporations gobble up small speaker companies. Most such firms are built by individualist entrepreneurs chasing an elusive dream—an up-close and personal thing that is the antithesis of the corporate mentality. That's why speaker companies are so often named after the founder.

Sometimes you have to wonder why big corporations gobble up small speaker companies. Most such firms are built by individualist entrepreneurs chasing an elusive dream—an up-close and personal thing that is the antithesis of the corporate mentality. That's why speaker companies are so often named after the founder.

Progress toward a working digital radio technology took a big step forward in April with the addition of <A HREF="http://http://www.lowpassprototype.com/">Lowpass Prototype Inc.</A> to the development team. According to an April 27 press release, <A HREF="http://www.usadr.com/">USA Digital Radio, Inc.</A>, a privately held digital radio technology company owned by the nation's largest radio broadcasters, has added the manufacturer of radio-frequency systems for radio and television transmission to its coalition to develop and commercialize digital AM and FM radio.

It's been an up-and-down week for consumer-electronics companies, as revealed by recent earnings reports surfacing around the globe. First, the bad news: <A HREF="http://www.sony.com">Sony</A&gt; reports that its profits fell 32% in the latest fiscal year, and cites the strong yen for depressing the value of the consumer-electronics and entertainment company's overseas earnings.

The roller-coaster fortunes of <A HREF="http://www.mp3.com/">MP3.com</A&gt; took a downturn April 28, when US district judge Jed S. Rakoff found in favor of the <A HREF="http://www.riaa.com/">Recording Industry Association of America</A> in its copyright-violation suit against Internet music site MP3.com. Investors in the once&ndash;high-flying startup immediately began unloading shares of the company's stock, which had dropped 40% by the end of the trading day.

In hopes of stoking the multichannel DVD-Audio engine, <A HREF="http://www.burrbrown.com">Burr-Brown</A&gt; announced last week the PCM1604 audio digital-to-analog converter, which they describe as a high-performance, 6-channel audio DAC featuring 24-bit capability and 192kHz sampling, for use in a "wide variety of multichannel audio applications."

Jonathan Scull thinks he has uncoverd <I>the</I> hot audiophile topic for the new millennium&mdash;e-commerce. He lays out the situation in <A HREF="http://www.stereophile.com//finetunes/224/">"Fine Tunes" #19</A>. Find out what various manufacturers are up to, and why.