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http://www.cirrus.com"> Cirrus Logic has initiated cutbacks in its workforce and other cost-reduction moves that are expected to save as much as $12 million annually. The Austin, TX–based semiconductor company stated May 15 that the measures are part of a general restructuring of its business model, in which its magnetic storage chip business will be de-emphasized in favor of its semiconductor business. Cirrus is the parent company of Crystal Semiconductor, maker of many high-performance digital audio chips.

Mark Levinson has traveled from Woodstock to the Whitney, and Michael Fremer lends an ear to his Red">http://www.stereophile.com//loudspeakerreviews/350/">Red Rose Music R3 loudspeaker to determine if the journey was a fruitful one. As Fremer characterizes it, "If Levinson's Cello foray was haute monde, Red Rose is Dockers: loose-fitting and relaxed."

Many small classical record labels are facing an uncertain future in the wake of a decision by Tower">http://www.towerrecords.com">Tower Records to put three classical distributors on buying hold. News of the decision, and discussions about its ramifications, have circulated on the Internet after an internal memo was leaked on May 1. The memo from company headquarters ordered store buyers at all 113 Tower stores in the US not to purchase from Allegro, Harmonia Mundi, and Qualiton, until receiving further notice. The three distributors represent dozens of small independent jazz and classical recording labels.

The Home Entertainment 2001 show, held in New York City May 11–13, 2001, received high marks and a standing ovation from show attendees, who came to experience some of the most innovative and exciting consumer electronics products in decades.

Will audio dealers be interested in selling a product that's been available so far only via mail-order? Audio">http://www.audioadvisor.com">Audio Advisor thinks so, and has created a new distribution company, WS Distributing, to begin selling the Musical Fidelity product line through "qualified" high-end audio dealers in the USA beginning May 21. Musical Fidelity has been available through retailers in Europe and Asia for years, but in the US, only from AA's catalog and website sales.

The packed house that was Home Entertainment Expo 2001 on Saturday thinned to a manageable level on Sunday the 13th, allowing most of the Stereophile crew ample opportunity to visit all the displays they had missed the previous two days. Toward the 6 o'clock closing time folks were still wandering the halls, and talking amicably and enthusiastically with friends they see once or twice a year. There is always a great deal of continuity in these shows, not only in the products, but also in the people.

In suite 949, Nashville, TN-based Nearfield">http://www.nearfieldacoustics.com">Nearfield Acoustics debuted an unnamed new model in its PipeDreams series of tower loudspeakers, one that sounds very promising. To sell for an estimated $10,000/pair, the speaker boasts a 98dB sensitivity rating and improved coherence over its predecessors, the result of using a horn-loading technique for the tweeters, according to company principal Craig Oxford. The new cabinet design is rounded in the back, allowing a single piece of veneer to be wrapped around it, yielding a literally seamless look. There are big bucks awaiting whoever comes up with a suitable name for the product, Oxford mentioned. "Opium" was my suggestion. Hey, it works for perfume.