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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.

The entertainment industry is pondering its next move in the wake of a legal setback delivered Thursday, August 19. On that day, a Federal appeals court in San Francisco upheld a ruling by a lower court in Los Angeles that file-sharing software made by Grokster Ltd. and StreamCast Networks, Inc. does not violate US copyright law. The three-judge panel voted unanimously in favor of the defendants.

Even if you win, sometimes you lose—a lesson the Recording Industry Association of America (RIAA) might soon be learning if the results of a new poll are proven to reflect the long-term mainstream music buying mood.

In his report on the MartinLogan">http://www.stereophile.com/loudspeakerreviews/804ml">MartinLogan Depth powered subwoofer, Larry Greenhill laments, "Reviewing subwoofers is a lonely job that brings no respect." But can the Depth upset one of LG's longstanding prejudices to earn his respect?

April Music's high-end audio products should soon be available to music lovers throughout the US, thanks to a distribution agreement with Bertrand Audio Imports announced August 11.

Received wisdom has it that putting all your eggs in one basket isn't a good business plan, but that's exactly what Roxio, Inc. intends to do with its Napster online music service.

Audiophiles and music lovers enamored of the legendary Mercury Living Presence series of recordings will have plenty to celebrate with a recent announcement from Universal Music Group (UMG).