News

The MP3 digital music format continues to gain momentum. Only two weeks ago, Thomson S.A., the international electronics conglomerate (parent of RCA and ProScan), announcedhttp://www.stereophile.com/news/10436/">announced; a 20% investment in MusicMatch">http://www.musicmatch.com/">MusicMatch, Inc., the San Diego, California-based maker of management software for the upstart format. Last week Thomson took a further radical stance by announcing RCA's own MP3 player, the Lyra, to a gathering of more than 400 dealers at the Mandalay Bay Resort in Las Vegas.

For the first time in more than 10 years, individual investors have a chance to own a piece of one of the oldest and most recognized names in the American electronics industry. As of November 1, RCAhttp://www.rca.com/">RCA; officially came back on the stock market, when parent company Thomson Multimedia made a successful initial public offering of 21 million shares. The stock (NYSE: TMS) debuted at $22.62 per share and closed Friday, November 5 at $29.25.

Just about a month away, HI-FI">http://www.hifishow.com">HI-FI '98, The Home Theater & Specialty Audio Show, will interest thousands of audio enthusiasts when it visits The Westin Los Angeles Airport Hotel in Los Angeles, California from Wednesday, June 10 to Sunday, June 14, 1998.

At a well-organized Munich press conference, Danish speaker company Raidho, now owned by Dantax, introduced the successor to the X1, the Raidho X1t Super Mini Monitor (€5800, presumably for the pair and equivalent to US$6210). The speaker is equipped with the company's planar-magnetic ribbon tweeter, which claims 50 times less mass than conventional dome tweeters; a 5.25" tantalum-coated ceramic-on-aluminum midbass driver, which claims to raise breakup modes to 15kHz; and a rear port. Frequency range is 70Hz–50kHz, impedance >6 ohms, sensitivity 85dB, and black piano and white piano finishes.

The Three Tenors may have reached a global audience of 2 billion people during their performance prior to the final game of the World Cup, but they had only 80,000 fans on hand in Paris's Champs de Mars park, acording to estimates by Paris police. That number was only 10% of the anticipated 800,000, most of whom stayed away because of unseasonably cold and windy weather.

Making good on a promise reportedhttp://www.stereophile.com/news/10923/">reported; back in December of last year, Threshold">http://www.threshold-audio.com">Threshold Audio has returned the Threshold brand to the market with a new stereo power amplifier.

Threshold Corporation, long known as one of the original high-end audio equipment pioneers, is discussing plans to restructure the company to meet new market conditions. Threshold, based in Camarillo, California, manufactures high-end audio amplifiers, preamplifiers, and digital products under the Threshold, FortT, and PS Audio product lines. (PS Audio, of which Threshold Corp. is the majority owner, is currently a separate corporation.)