Multichannel Audio Fans Soon to be Surrounded
When polledhttp://www.stereophile.com/showvote.cgi?135">polled; earlier this month, Stereophile's online readers were split on the topic of DVD-Audio's surround capabilities: 30% expressed interest, but an equal number were not so thrilled with the idea. While the release of the official high-resolution DVD-A format is still several months away, some record labels have been quick to capitalize on the ability of current DVD players to play compressed AC3- and DTS-encoded audio DVDs, in the hopes of developing a market for a lower-fidelity surround-sound format.
Multichannel Music in Santa Monica
This coming Tuesday, May 26, The Audio Salon will host a special Multichannel Music Event. Peter McGrath of Wilson Audio Specialties will play a selection of his multichannel recordings on a system that features both the Alexia and Duette Series 2 loudspeakers...
Munich Milestones for MQA
In anticipation of this week's Munich High End, which takes place May 1821, MQA has announced several breakthroughs. The first involves its hardware partners, who have expanded to include AudioQuest, CanEver Audio, dCS, Esoteric, IAG, Krell, Lumin, Mark Levinson, Moon by Simaudio, Pro-Ject Audio Systems, TEAC, and Wadax. These are in addition to its existing partners, who include Aurender, Bel Canto, Bluesound, Cary, NAD, Brinkmann, Meridian, MSB, Mytek, Onkyo, Pioneer and Technics. All of the latter are expected to demonstrate MQA at the Munich show, with yet others showing at the Los Angeles Audio Show June 24.
Music [Absolutely] Matters at Definitive Audio
Nearly 500 audiophiles descended upon Definitive Audio's Seattle location on Thursday, February 26 for the 10th Music Matters event in the Pacific Northwest. The "mother" of all Music Matters, and inspiration for all the other similarly named events that happen around the country, Definitive Audio's definitive four-hour gathering was so large in scope that it qualified as a mini-audio show. With major industry presenters including Stereophile's Michael Fremer (above) and John Atkinson, the evening also offered sufficient food and drink to satiate the most ravenous, and enough interesting music to ensure that even an inveterate show attender named Serinus never once experienced that "if I hear this cut one more time" feeling.
Music Biz "Streamlining"
Job cutbacks are one inevitable result of sustained sales declines. In late March, the ailing music industry began to shed excess workers in an effort to reach profitability, with Sony">http://www.sonymusic.com">Sony Music and Bertelsmann">http://www.bmg.com">Bertelsmann Music Group announcing significant reductions in their workforces.
Music Biz Blues
A year-end report by Nielsen SoundScanhttp://www.soundscan.com">SoundScan;, which tracks retail activity, states that compact disc sales through December 22, 2002, were off 9.3% compared to the same period the previous year, with 624.2 million units sold compared to 688.2 sold in 2001. Of all recorded music sold, 94% of it was on CD, the remainder on cassette tape and vinyl records. An insignificant amount of music was sold as legitimate downloads from industry-sponsored music sites. SoundScan did not expect the last week of December to impact the year's total.
Music Biz Bounces Back
Is the music industry in the midst of a turnaround?
Music Biz News
Retail sales of recorded music in the United Kingdom sagged by an unprecedented 13% in the first three months of 2003, according to figures released May 14 by the British Phonographic Industry (BPI). British music fans spent £216 million ($351 million) in the first quarter of this year, compared to £249 million ($404.6 million) in the same period a year ago. In unit sales, albums in the UK declined only 4.8% to 44 million, but prices dropped 9.4%. UK album sales totaled £200 million ($324.9 million); singles were off 42%, accounting for only £16.2 million ($26.3 million).
Music Biz News
Retailers accused of selling pirated compact discs are feeling legal heat from the Recording">http://www.riaa.com">Recording Industry Association of America (RIAA). In May, the organization launched copyright infringement suits against 18 retail businesses in Texas, Florida, and New York—primarily convenience stores, gas stations, grocery stores, and small independent music stores.
Music Biz Pins Hopes on DualDisc
Is there a future for high-resolution audio? Will the music industry survive as a packaged-goods business? The answer to both of these questions is "Yes, probably . . ." if the DualDisc follows test market indications and become next year's must-have entertainment format.