Re-Tales

A common theme in this space in Stereophile is the need to reach new audiences and generate broader interest in the hi-fi hobby. At a time when traditional hi-fi buyers are becoming scarcer—as older generations pass on—the need becomes more critical to the industry's survival. Recently, two industry stalwarts—who both happen to be named Walter—have come together to form "an audio distribution and marketing superpower."

A hi-fi dealer's son, Matt Alterman has been in or near the business almost all his life. His dealership, Crescendo Audio, is coming full circle as he opens a new location in Boulder, Colorado, the town where he launched his first store 13 years ago.

Not many hi-fi dealerships can say they've survived half a century of history. Natural Sound, which is based in Framingham, Massachusetts, about 20 miles west of Boston, is one that can. Founded by Jim Lackey in 1975, Natural Sound turns 50 years old this November.

You can call Boutique Audio Gallery's Jason Melman anytime you like—just don't call him "dealer." "The two words I hate are 'dealer' and 'store'," he told me during an interview at an event he hosted at the—um, gallery he opened in March 2024. "It's just a relaxing place where people can come and listen to music."

Stereophile readers are surely aware of the tariff situation under the current administration—a situation that has changed rapidly, often daily. The tariff penalty—and arguably even more, the lack of economic stability resulting from tariff volatility—has a major impact on buying, pricing, and corporate strategy in the hi-fi industry. Hi-fi is just one of many industries experiencing the impacts of increased costs and uncertainty.