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Wadia's Assets Sold; Kinergetics Research Folds

Venture capital group Shared Ventures is now the legal owner of the assets of Wadia">http://www.wadia.com/">Wadia Digital Corporation. Wadia's majority shareholder, Shared Ventures, acquired the company's name, intellectual property, and physical inventory at a public auction in Minneapolis on September 12. The law firm of Siegel, Brill, Greupner, Duffy, and Foster, P/A, of Minneapolis, managed the auction. Originally scheduled for late August, the auction was postponed for two weeks after a flurry of interest following the publication of an official notice in the Minneapolis">http://www.startribune.com/">Minneapolis Star-Tribune.

Warner Bros. Announces "Remasters" Series

Audiophiles have complained since the earliest days of the compact disc that music reissued in the digital format often doesn't sound as good as it does on the original LPs. For nearly 20 years, such complaints have been dismissed by ordinary music lovers and by music-industry executives as the rantings of purists, but at least one major label is now admitting that many early CDs were not very good.

Warner Bros. "Gives Up" on Classical

This is old news, but you may not have read it anywhere: Warner Classics no longer exists as an "active" label. Gramophone published a news item breaking the story on June 2 and Norman Lebrecht apparently analyzed and excoriated the move in his La Scena Musicale web log shortly thereafter. We say "apparently," since Lebrecht's site now reads www.scena.org is now expired.

Warner Music Group Goes with MQA

MQA's game-changing breakthrough has arrived. On 9am UK time on May 6, 2016, Warner Music Group (WMG), whose vast catalog includes everything from the Beatles to Maria Callas, announced a long-term licensing deal with MQA (Master Quality Authenticated). The agreement makes it possible to digitize the entire WMG catalogue in the superior MQA-encoded format of various resolutions, and disseminate the files via download and streaming services in a far more efficient and user-friendly manner.
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