The music retailer could emerge from its Chapter 11 bankruptcy the same day, making its 35 days in fiscal limbo one of the business world's shortest stays. Faced with crushing debt, and unable to find a buyer, Tower entered Chapter 11 on February 9. It will emerge having shed $80 million in debt, and with a new $100 million line of credit—the financial equivalent of having spent the past month on strict regimen at a fat farm.
The quick…
One of the first victories scored against 261 alleged music pirates was a quick settlement by 12-year-old Brianna LaHara, an honor student who lives with her 9-year-old brother and single mother in a New York housing project. Brianna's mom, Sylvia Torres, testified that she had assumed that her daughter's paid subscription to the KaZaA service made her downloading perfectly legal.
On September 9, that…
Upholding its position as the only magazine focusing on the products, experiences and aspirations unique to the digital lifestyle, the inaugural issue previews Web-enabled refrigerators,…
Fried, the legend goes, fell in love with reproduced music when he heard Stokowski leading the Philadelphia Orchestra over the big corner horn speakers in his father's movie theater in 1928 ("the year that the movies learned to speak"). The importance of music reproduction to Fried was made paramount during his service in WWII, where he encountered fellow…
4) Downloading music from the internet heats up---slowly.
There was a dumptruck-load of hype when several online music services launched, but the numbers reveal that "CD quality" audio streaming is still for web fanatics. Expect this situation to change when ADSL, cable modems, and high-bandwidth satellite links, providing…
The ride, which opened to the public on January 20, is a key attraction of the Music Box, a new Sony entertainment center intended to celebrate music in all its forms. Other attractions include a melodic water fountain that can be played by…
These numbers, revised upward from the CEA's pronouncements four months ago, were issued as part of CEA Market Research's semi-annual US Consumer Electronics Sales & Forecasts report. The forecast also reflects optimism that the industry will finally top the important $100 billion milestone that it was aiming for in 2003.
…
Our few days in Istanbul stretched into a dreamscape with its own strange normality. We ate and drank and walked and talked about anything and everything—music and audio, of course, as well as politics, art, literature. In contrast to often one-track American engineers, Leonid Korostyshevski showed an amazing depth of knowledge about painting and sculpture and non-Russian authors—and revealed a previously unexpressed interest in creating new forms of dance that would reflect the effects of technology the way other art forms have.
"Dance is a dead art…
While it is not intended to completely prevent copying,…
Xingtone, a small company with offices in Los Angeles, Atlanta, and Amsterdam, is betting on low-fi in a big way with technology that will allow people to send and receive MP3s over cell phones. The recently launched company already has 3000 users.
Reuters reporter Sue Zeidler notes that Xingtone's software can convert compressed music files…