Stereophile Staff

Industry Roundup

Warner Music Group rebounds: WMG announced Thursday August 19 that it was near completion of a major corporate restructuring, a move expected to save as much as $250 million annually. WMG had originally projected savings of $60 million per year. Earlier this year, the company was acquired by an investment consortium led by Edgar Bronfman, Jr., scion of the Seagram family of Montreal and former chief of Universal Music.

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New Products

Lexington, KY&ndash;based <A HREF="www.thielaudio.com">Thiel Audio</A> has announced a new line of SmartSub subwoofers, "designed as the ultimate solution for bass management and reproduction in home theater and music sound systems." The line includes the SS1, SS2, SS3, and SS4 subwoofers, the SmartSub Integrator, and the PX02 and PX05 Passive Crossovers, a group of products said "to offer the most seamless and realistic low frequency reproduction possible." Company president Kathy Gornik describes the new line as "the world's first intelligent subwoofers."

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