Julie Mullins

To borrow Lyric Hi-Fi owner Leonard Bellezza's words from last month's Re-Tales, the traditional audiophile customer base "is graying."

That doesn't mean the future is bleak—not necessarily. Many in the industry have hope for hi-fi's future. For that potential future to be realized, however, audio dealers must adapt. Interest in better sound seems to be rising. Consider vinyl's resurgence; regardless of your views on vinyl's ultimate fidelity, it's a big step up from the earlier fashion for MP3s and cheap earbuds. (There's good news on that front, too: Those earbuds morphed into Beats headphones, then Beats into good-quality headphones.

New York's Lyric Hi-Fi & Video is one of high-end audio's longest-standing and most legendary institutions. In a recent telephone conversation, Leonard Bellezza, Lyric's owner and president, confirmed what many in this industry have long heard rumored: Lyric is closing.

All my earliest hi-fi memories involve tube amplification: as a young girl, staring at the tubes' glowing filaments and listening to music with my audiophile father. I was mesmerized by the glow of those tubes, too hot to touch, but even more so by the music, which often was classical or opera. How those tubes worked was a mystery to me, but I knew they played a big part in the magic coming from the speakers.

In Re-Tales and in Industry Update, I've written about some of the ways the pandemic has accelerated changes in the hi-fi business. Government-mandated safety measures, the absence of audio shows, and a marketplace that was already changing have combined to force companies to get creative about how they reach customers, both to sell products and to provide service.

A few established dealers have closed or are preparing to. Some can no longer afford inventory. Some have just retired. Others, though, report that 2020 was an extraordinarily good year.

It's 2021, and the audio business marches ever onward. Accelerated by the pandemic, economic transformation continues apace; online sales are burgeoning across all industries. This includes hi-fi, which is under pressure to facilitate more online sales, and—maybe, for some—move away from the traditional dealer-based sales model.

Why is there so much separation between the professional audio and audiophile worlds? Is that separation by design, or even necessity? Is it naïve to believe that more crossover could benefit both sides?

Walter Swanbon has had a lot on his mind lately. Like many dealers, he's been busy adapting to changes, but the pandemic has also offered time for reflection.

I'm a sucker for materials, whether it's finishes for loudspeakers and other audio equipment, a shoe's fine, supple leather, a crisp cotton shirt, or a cozy cashmere scarf.

Apart from their inherent sensuousness, materials can make a difference in the sonics of audio components, especially loudspeakers.

Several audio shows have been canceled or postponed since the COVID-19 pandemic took hold in early 2020: Munich, AXPONA, RMAF, Montreal, and the 2021 Florida Audio Expo, among others. The next scheduled show is the Finest Audio Show, slated for January 9–10 in Zurich. The next one in the Americas is the inaugural Seattle Audio Fest, planned for July 30–August 1. AXPONA, America's biggest show, near Chicago, was recently postponed for the second time until late August. Depending on how the pandemic evolves, it's possible those shows will not be able to take place as planned, either.

The sense of hope I've been feeling may have started with those Sinatra swells, the on-hold music I heard when I called to interview the first audio dealer I talked to for this story. I wanted to know what's been happening with their businesses during the pandemic. Are there reasons for at least cautious optimism?