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Investors have shown an inexplicable willingness to foot the bill for MP3.com's">http://www.mp3.com/">MP3.com's $53.4 million settlement with Universal">http://www.umusic.com/">Universal Music Group. In the four days following the announcement of a settlement on Tuesday, November 13, the now fully legitimate Internet music site watched its stock surge to four times the value it had only a month before. Shares of MP3.com closed Friday, November 17 at $9.42 each, triple the per-share price on the morning of the announcement. The stock had sunk to a 52-week low of $2.50 per share on October 11.

For the music industry, copyright and royalty litigation is like an endless war fought on many fronts. During early November, as four of the industry's "Big Five" continued their pursuit of the file-sharing service Napster, a parallel trial in US Federal Court in New York against music archiving-and-accessing site MP3.comhttp://www.mp3.com/">MP3.com; by Universal">http://www.umusic.com/">Universal Music Group entered its penalty phase, that segment of the proceeding in which aggrieved plaintiffs seek to extract money from guilty defendants. Other plaintiffs in the trial—Sony Music Entertainment, BMG, Warner Music, and EMI—have all settled with the San Diego-based Internet service for an average of $20 million each.

Chip Stern writes, "There is something enduring and reassuring in the classic audio verities." The Vandersteen">http://www.stereophile.com//loudspeakerreviews/284/">Vandersteen 2Ce Signature loudspeaker is certainly considered one of those timeless classics. But how does a speaker released in its first incarnation more than 20 years ago hold up by today's standards? Stern lends his modern ear to the task and includes notes from Richard Vandersteen himself.