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For the last several months, the major record labels have been ramping up what some have viewed as a stealth assault on their customers by increasingly deploying technology that restricts the use of audio CDs (see previoushttp://www.stereophile.com/news/11113/">previous;). While an increasing number of music fans have been crying foul, one consumer has decided to fight back in court.

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: Sonyhttp://www.sony.com">Sony; 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.

In the children's fable, Chicken Little, the archetypal alarmist, induced fear and panic in his community by running amok and shouting, "The sky is falling! The sky is falling!" The hysterical fowl has many relatives among journalists and economists, who regularly issue dire warnings about the forthcoming Year 2000 problem.

Friday, we'll venture into the Alexis Park complex and the adjoining exhibits from T.H.E. Show, where most of the specialty audio manufacturers have set up shop. But so far, at the Las Vegas Convention Center and adjoining Hilton (which we are currently touring), live 24/96 digital audio is conspicuous by its absence.

A continuing proliferation of formats is as likely in the audio realm as it is in video. The analog cassette was one of the most successful formats in history, and the industry has yet to find a replacement for it. MiniDisc, a Sony-originated format, required several attempts to introduce it to the American market.

January 9, 3pm
Some fascinating prototypes were on display at the Madrigal breakfast at Bally's this morning---and we can't tell you about them. But when the Cone of Silence is lifted, you can bet we'll spill the beans, particularly in view of Madrigal's confidence that there will be a future market for very-high-quality surround-sound music reproduction. In the meantime, we are able to report that the new Proceed DVD transport has enough upgradeability options to allow for just about any future digital format: DVD-Audio, SACD, CD, DVD-Video, etc. The transport will also allow for easy upgrading to future interface schemes such as IEEE 1394. And, unlike many other DVD-Video transports, the Proceed should be able to play CD-R discs. For two-channel fans, the Mark Levinson No.32 Reference preamplifier is in production and will be available next month. Price of the two-chassis, dual-mono unit, without phono stage, will be in the region of $15,000. Madrigal is already back-ordered.

Our industry has again honored its own. The Consumer Electronics Association, sponsors of the annual International Consumer Electronics Show (CES), has announced 12 new inductees to the Consumer Electronics Hall of Fame. Awards will be presented October 21 at a special Hall of Fame Dinner, scheduled for the Four Seasons in Las Vegas as part of the CEA's annual fall Industry Forum.