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The terrorist attack of September 11 will likely worsen an already dark period for American retailers. The Dow Jones Industrial Average declined by more than 14% in the week after the attack, the largest slide since the week of July 21, 1933. In the present circumstances, Americans are generally reticent to spend money, according to many reports, a situation that will affect manufacturers and retailers for months or years to come.

Digital Music Association (DiMA) and Sound Exchange (SX) announced on August 23 that they had reached an agreement to "cap the Internet radio '$500 per channel minimum royalty' at $50,000 per service, signaling the start of productive negotiations and bringing resolutions to three important music industry issues," according to DiMA's press release.

Drummer Billy Higgins started his remarkable career backing up R&B musicians such as Amos Milburn and Bo Diddley around the LA area before embarking on his jazz path with the Jazz Messengers (led by Don Cherry and saxophonist James Clay) and Dexter Gordon. But it was his association with Ornette Coleman, starting in the mid 1950s, that electrified the jazz world and made him a force to reckon with. His first recordings, with Coleman and Red Mitchell, were released in 1958. In 1959, he performed with both Coleman in New York and Thelonious Monk in San Francisco, and from that point on, he never stopped recording or touring.

Three-dimensional modeling, 4-pi anechoic chambers, and laser inteferometry were but a few of the industrial marvels revealed in early March to a group of Stereophile and Stereophile Guide to Home Theater scribes. The group convened Tuesday, March 7, at Revel headquarters in the massive Harman">http://www.harman.com/">Harman International complex in Northridge, California, for an inside view of the company's research, development, and manufacturing operations, organized and led by Madrigalhttp://www.madrigal.com/">Madrigal; president Mark Glazier. Madrigal is Harman's Middletown, Connecticut-based high-end operation, with the Proceed, Mark Levinson, and Revel lines under its jurisdiction.

On day two of Revel's early-March press junket, Stereophile and Guide to Home Theater writers and editors were treated to a discussion and demonstration of some superb audio and video equipment at Kevin Voecks' spacious home in the San Fernando Valley. Voecks spoke at length about the extensive research his company has done on the perceived realism of reproduced sound, under the leadership of Dr. Floyd Toole.

With Apple Computer's iTunes music service not even one month old, the price wars have already begun.

The RIAAhttp://www.riaa.org">RIAA; foresees that digital audio broadcasting (DAB) will represent a fundamental change in the radio industry. "It is not just a means of offering higher quality broadcast sound. DAB could transform radio into a vehicle for the distribution of huge amounts of information in digital form, including recorded music," says the trade organization. As a result, the group is supporting regulatory restraints on digital audio broadcasting (DAB) in reaction to a Federal Communications Commission (FCC) Notice of Inquiry (NOI) regarding DAB content control.