Barry Willis

SDMI Applies Legal Pressure to Suppress Hacks

Back in September, the <A HREF="http://www.sdmi.org">Secure Digital Music Initiative</A> issued a public challenge that offered cash rewards for successfully uncovering and removing watermarks from recorded music. The <A HREF="http://www.stereophile.com/news/10878/">challenge was met</A> by a number of hackers, most notable among them Professor Edward Felten of Princeton University's Computer Science Department.

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Long Struggle Pays Off for Emusic.com in $24M Buyout

During the past year, hardly a day has gone by without headlines announcing the latest twist in the fate of embattled free music service <A HREF="http://www.napster.com">Napster.com</A&gt;. Lost in the hysteria was Napster's tiny rival <A HREF="http://www.emusic.com/">Emusic.com</A&gt;, a three-year-old online music venture that always charged its subscribers for downloading tunes, and always paid the copyright holders. For news appeal, Emusic's paltry 10,000 subscribers and languishing stock price didn't compare to Napster's reported 75 million users and major league court battles.

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Cutbacks at Boston Acoustics; Results Up Elsewhere

It's a season of mixed results in the electronics industry. On April 9, Peabody, MA&ndash;based <A HREF="http://www.bostonacoustics.com">Boston Acoustics</A> announced that it has slashed jobs due to a slow fourth quarter, reducing its workforce from 389 to 327 as a result of slowing sales. The loudspeaker manufacturer expects earnings of more than $4.2 million for the year ending March 31, a figure that puts the company in a profitable position despite a loss of close to $1 million for the final quarter.

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Cello Ltd. Veterans Form New Company

Now there are three&mdash;Cello spinoffs, that is. More than two years ago, prior to Cello Technologies' ill-fated expansion, company founder Mark Levinson <A HREF="http://www.stereophile.com/news/10360/">departed</A&gt; to create <A HREF="http://www.redrosemusic.com/">Red Rose Music</A>. Late in 2000, former vice president of business development Jim McCullough formed <A HREF="http://www.stereophile.com/news/11002/">Matthew James LLC</A>, which will make and market a new generation of Cello electronics. In early April, Viola Audio Labs announced its debut.

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Tweeter Group Continues Expansion; Numbers up for Best Buy, Sony Electronics

Large companies may be chopping jobs by the thousands, but there are signs elsewhere that the economy is still booming. Recent figures from electronics retailers <A HREF="http://www.bestbuy.com/">Best Buy</A> and the <A HREF="http://www.tweeter.com/">Tweeter Home Entertainment Group</A> and from <A HREF="http://www.sel.sony.com/SEL">Sony Electronics</A> indicate only a partial slowdown in spending for quality audio/video gear.

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Tice Audio Seeking Acquisition Partners

A recent email soliciting acquisition partners has given rise to a rumor that George Tice is leaving audio. "Far from it," said the AC power-conditioning pioneer from his Jupiter, FL office. "I want to accomplish three things: move this company to the next level; devote more of my energy to research and engineering; and spend more time with my family." These goals are going to require a well-organized team effort, he insists.

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