News

The founder and until recently the long-term editor of The Absolute Sound, Harry Pearson (left above), has passed away. His protege Michael Fremer (right above) offers an appreciation here and Robert J. Reina, a long-term friend, is writing his own rememberance of HP in the February 2015 issue of Stereophile. (The January issue has already gone to press.)

The Harvey acquisition of MyerEmco announced in Mayhttp://www.stereophile.com/news/051407harvey/">May; has been called off. The merger—which was supposed to have closed by June 7, later extended to the end of July, and then pushed back to August 10—called for Harvey to pay $10 million in cash and assume MyerEmco's debt.

Last August, we reportedhttp://www.stereophile.com/news/10515/">reported; that brick-and-mortar retailer Tweeter Home Entertainment Group had aligned itself with online retailer Cyberian Outpost to leverage each company's respective strengths, both on- and offline. The trend continues as, last week, brick-and-mortar retailer Harvey">http://www.harveyonline.com">Harvey Electronics announced that it has reached an "agreement in principle" with CoolAudio.comhttp://www.coolaudio.com">CoolAudio.com; (see previous">http://www.stereophile.com/news/10479/">previous story) to merge the two companies through an exchange of common stock.

On May 8, Harvey Electronics, with 9 stores in New York, New Jersey, and Connecticut, announced that it would acquire the Myer-Emco chain's 10 stores in Washington and Maryland. Both companies are consistently ranked among the top "hybrid" retail operations, meaning they have retail locations and emphasize custom A/V installation services. The new company will be called Harvey Electronics, but tri-state area stores will continue to be called Harvey and DC area stores will continue to be identified as Myer-Emco.

HD DVDs and Blu-Ray discs came to market with a digital rights management (DRM) content encryption system called Advanced">http://www.aacsla.com/home">Advanced Access Content System (AACS). Supposedly, AACS was intended to permit greater flexibility than conventional DVD's Content Scrambling System (CSS) DRM, since it was touted as allowing purchasers, say, to load DVDs onto their media servers or burn downloaded HD purchases to disc.

Last week, eight consumer-electronics manufacturers announced the formal establishment of the Home">http://www.havi.org">Home Audio Video Interoperability Organization (HAVi) to promote the development of products based on the the HAVi 1.0 final specification, scheduled for completion in December 1999. (An evaluation version of the HAVi 1.0 final spec can be downloaded from the HAVi website.) The HAVi Organization was founded by Grundig, Hitachi, Matsushita, Philips, Sharp, Sony, Thomson, and Toshiba, which have been working together for over two years to develop a specification to permit interoperability among networking digital home entertainment products.

There's traditional AM and FM radio, there's XM and Sirius satellite radio, and there are various cable and satellite dish "radio" music services. And finally, there's HD Radio.