Audio magazine has appeared to have been in difficulties of late, with falling circulation, advertising revenues, and issue size. The current editor-in-chief, Michael Riggs, has worked hard in the past few years to create a more appealing editorial product, since he replaced long-term editor Gene Pitts. However, an even bigger change is now taking place.

<B>BRUCE SPRINGSTEEN: <I>Tracks</I></B><BR> Columbia CXK 69475 (4 CDs). 1998. Bruce Springsteen, Chuck Plotkin, prods., engs.; Jon Landau, Stevie Van Zandt, Roy Bittan, Mike Appel, Jim Cretecos, John Hammond, orig. engs.; Ed Thacker, Bob Clearmountain, Thom Panunzio, remix engs. AAD? TT: 4:13:30<BR> Performance <B>*****</B><BR> Sonics <B>****?</B>

Several weeks back, the music industry's fear of MP3 audio technology came to a head with the release of Diamond Multimedia's Rio playback device. (See <A HREF="http://www.stereophile.com/news/10324/">previous</A&gt; and <A HREF="http://www.stereophile.com/news/10389/">related</A&gt; stories.) The <A HREF="http://www.riaa.com">Recording Industry Association of America</A> then announced a new plan, called the Secure Digital Music Initiative (SDMI; see <A HREF="http://www.stereophile.com/news/10338/">previous article</A>), in an effort to bring the music and audio-technology industries together to solve the problem of digital music piracy.

Newcomer Revel has been on a roll lately, piling up accolades all around for its new line of loudspeakers. Larry Greenhill takes a look at the recently unveiled <A HREF="http://www.stereophile.com//loudspeakerreviews/96/">Revel Salon</A> and explains how it compares to the Sydney Opera House. "Did the Salon meet its design goals of timbral accuracy, low distortion, and lack of dynamic compression?" Read all about it in Greenhill's report.

The popular condensation of Darwin's theory of evolution is "adapt or die." The phrase could certainly have been addressed to the music-industry establishment by any one of four Internet entrepreneurs in a public discussion last week at San Francisco's Commonwealth Club. The four---Gerry Kearby of <A HREF="http://www.liquidaudio.com/">Liquid Audio</A>, Gene Hoffman of <A HREF="http://www.goodnoise.com/">GoodNoise</A&gt;, Arnold Brown of <A HREF="http://www.audioexplosion.com/">AudioExplosion</A&gt;, and Andrew Keen of <A HREF="http://www.audiocafe.com/">Audiocafe.com</A>---gathered at the public affairs forum Tuesday evening, February 22, for a spirited discussion of "The Future of Music Distribution."

Unit sales of CD players rebounded in 1998, rising 4% to $336 million, according to statistics from the <A HREF="http://www.cemacity.org/">Consumer Electronics Manufacturers Association</A>. All segments of the CD hardware market---single-play, carousel changers, and mega-disc changers---improved over the big slump of 1997, when unit sales fell 60% and dollar sales fell 40%. Through November 1998, single-disc player sales were up 33% in units and 24% in dollar volume. Carousel changers, component-CD's largest segment, rose 15% in units and 7.5% in dollars during the first three quarters of 1998.

Rumors have been confirmed that high-end audio journal <I>Fi Magazine</I>, which just entered its fourth year of publication, closed its doors last Friday, February 26. In a conversation with <I>Stereophile</I> publisher emeritus Larry Archibald, former <I>Fi</I> editor Jonathan Valin commented that "It was really a shame. I never worked so long and so hard on anything, and it didn't have to end the way it did---but I don't want to go into it. The money was there to keep it going." John Atkinson had been told at CES by a <I>Fi</I> spokesperson that a new source of investment had been found, but we can only assume that the deal fell through.

The final piece of the TGI/Mordaunt-Short/Epos jigsaw puzzle (see <A HREF="http://www.stereophile.com/news/10343/">previous story</A>) seems to have fallen into place, with the news that Mike Creek (of the UK's Creek Audio) is purchasing the Epos loudspeaker brand, effective March 1.

I've heard it all a thousand times before: