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Chesky Covers All the Bases with Planned Music Releases

With new audio formats such as SACD and DVD-Audio hitting the market, audiophiles will soon have more choices than ever for playing back music. But along with all of these options comes the hard part: choosing which path to take and hoping not to be dead-ended, as Beta video owners were years back. For consumers, the promised universal audio players (expected to play DVD-Video, DVD-Audio, CD, and SACD) will reduce the risk significantly.

Wadia's Assets Sold; Kinergetics Research Folds

Venture capital group Shared Ventures is now the legal owner of the assets of Wadia">http://www.wadia.com/">Wadia Digital Corporation. Wadia's majority shareholder, Shared Ventures, acquired the company's name, intellectual property, and physical inventory at a public auction in Minneapolis on September 12. The law firm of Siegel, Brill, Greupner, Duffy, and Foster, P/A, of Minneapolis, managed the auction. Originally scheduled for late August, the auction was postponed for two weeks after a flurry of interest following the publication of an official notice in the Minneapolis">http://www.startribune.com/">Minneapolis Star-Tribune.

Study Predicts $42.8 Billion Music Market by 2005

The global market for music could reach $42.8 billion within five years—more than $7.5 billion higher than the present level, according to a recent study by PriceWaterhouseCoopershttp://www.pwcglobal.com/">PriceWaterhouseCoopers; and Wilkofsky">http://www.wilkofskygruen.com/">Wilkofsky Gruen Associates. In the about-to-be-released study, The Global Entertainment & Media Outlook: 2000–2004, the firms make their prediction based on buying patterns and other economic factors in several regions of the world.

The DIY Chronicles, Part Three

Editor's Note: This is Part Three of a six-part series from reader Hervé Delétraz of Switzerland, who is chronicling the development of his DIY (do-it-yourself) audio amplifier. Part One is herehttp://www.stereophile.com/news/10825/">here;, and Part Two is here.http://www.stereophile.com/news/10832/">here.
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Added to the Archives This Week

Jonathan Scull writes that "with its latest series of FPB (Full Power Balanced) amplifiers, Krell is taking careful aim at the seam between classic high-power two-channel systems and quality multichannel installations where sound is yet paramount. Nevertheless, Krell founder Dan D'Agostino was adamant: Krell's Class A components were designed for music playback. 'I'm a purist, like you, Jonathan!' he told me." In his review of the Krell">http://www.stereophile.com//amplificationreviews/266/">Krell Full Power Balanced 350mc monoblock amplifier, Scull determines whether or not Krell has struck its musical target.

New Sony and Philips Players Break Price/Performance Barrier

The enduring audiophile dilemma about whether to optimize a home-entertainment system for music or movies may no longer be relevant, thanks to new disc players from Sony">http://www.sony.com/sel/">Sony Corporation and Philips">http://www.philips.com/">Philips Electronics NV. The machines were introduced at CEDIA">http://www.cedia.org/expo/">CEDIA Expo 2000, the annual home-theater and custom-installation trade show held in Indianapolis.

Home Entertainment 2001 Finds a Time and a Place

Home Entertainment 2001 (formerly The HI-FI Show) is heading back to the heart of New York for the first time in five years. Described as "a unique hands-on event where attendees will see and hear the newest and the best in home audio and home theater," HE 2001 will take place May 11–13 at the Hilton New York.

Universal, BMG Embrace "Advanced Audio Coding" for Downloads

An improved digital-audio compression standard has been adopted by the Bertelsmann">http://www.bmg.com/">Bertelsmann Music Group (BMG) and the Universal">http://www.umusic.com/">Universal Music Group for commercial music downloads. "Advanced Audio Coding" (AAC) is said to offer higher audio quality while occupying 30% less bandwidth and storage space than the popular MP3 format, according to an announcement from San Francisco–based Dolby">http://www.dolby.com/">Dolby Laboratories.

Nearing End of Litigation, MP3.com will offer Music Marketing Services

Music lovers who availed themselves of MP3.com's">http://www.mp3.com/">MP3.com's uploading-archiving-and-accessing services are about to become the next target market for the music industry. Nearing the end of protracted litigation brought against it by the music industry's "Big Five," the online music venture has announced a marketing service that will promote new commercial recordings directly to its users through e-mails. The recordings will be on labels under the control of MP3.com's opponents in the year-long copyright wrangle.

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