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The Year the Music Industry Broke

MTV published an end of the year review of the music business on December 17, "Madonna">http://www.mtv.com/news/articles/1576538/20071214/madonna.jhtml?src=rss… Ditches Label, Radiohead Go Renegade: The Year The Music Industry Broke." Month by month, it's a litany of bad tidings for the biz, from January 14, 2007, the day the Dreamgirls soundtrack hit number 1 on Billboard's pop charts with a scant 60,000 copies sold (lowest #1 ever) through December 3, 2007's announcements that Def Jam and EMI were laying off employees and Warner Music Group would cut executive bonuses (awww).

Thiel Audio Acquired by Nashville-based Private Equity Firm

Thiel co-founders the late Jim Thiel (left) and Kathy Gornik (right) at the 2009 CES

We received the following press release last night. No more information was available and there was no word when this story was first posted on whether or not Thiel cofounder Kathy Gornik will remain with the company. Since then, however, CEPro.com has reported that Kathy and her daughter Dawn Cloyd, who was director of international sales, will both leave Thiel. Why the sale? Our suspicion is that while Thiel remains a great brand, it is too small a company, with no access to a significant source of capital, to be able to compete effectively in today's market.

Thiel to Launch Live Streaming Studio

Slated to open in March 2016 in Nashville, TN, Thiel Audio's Aurora "Ultra-HD Streaming Studio" is positioned to merge the legacy of Thiel loudspeakers with the vibrancy and "wow factor" of Music City. Thiel's plan is to create a state-of-the-art venue where fans, specifically younger-generation fans, can unite with name musicians and emerging artists via live, interactive performances that are streamed in Ultra-HD video and lossless audio.

Thin is In

The quest for new speaker technologies has resulted in some novel approaches to the reproduction of sound, as witnessed by products announced in the last few years by NXThttp://www.nxt.co.uk/">NXT; and 1 . . . Ltd. (See previous">http://www.stereophile.com/news/10234/">previous story.) Some of Stereophile's readers may also recall that, back in May 1996, American">http://www.atcsd.com">American Technology Corp. shook things up in the audio world by announcing what the company described as its "breakthough" new technology, the much-debated HyperSonic Sound (HSS). This was followed up in February 1997, when ATC announced the introduction of its Stratified Field Technology SFT, which company literature touted as "a significant improvement over conventional loudspeakers."

Third Annual Emofest

A look inside the impressive Emotiva ERC-2 CD player.

Audiophiles have been buzzing about Emotiva for a few years now. The attraction is no mystery: Emotiva’s products are solidly built and modestly priced, and the company takes pride in its strong relationships with customers. Yet, other than in the usual show report, Emotiva’s products have been absent from Stereophile’s pages.

But that will soon change:

Third Sirius Digital Radio Satellite Launched Successfully

The Sirius">http://www.siriusradio.com/">Sirius Satellite Radio constellation will soon be in position, thanks to the successful launch November 30 of Sirius-3, the third satellite in the Sirius system. The transponders are being arrayed in geosynchronous orbits above North America for maximum radio coverage, which will begin in 2001. The previous two satellites were launched last summer and in early autumn.

This Week's Sony DRM News

It has now been over a month since Mark Russinovich broke the story about Sony BMG's DRM software that installed root kit code onto consumers' hard drives—exposing infected computers to malware intrusions and reporting back to Sony's servers via spyware installed without consumers' knowledge or consent. Rather than growing stale, however, the story just keeps going and going as new details come to light almost every day.

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