News

Questionable accounting practices were at the heart of the collapse of energy conglomerate Enron and telecommunications giant WorldCom. Apparently, they are also rampant in the music industry—or at least pervasive enough to command the attention of California state legislators, who have scheduled a second hearing to examine the situation.

"You'd be hard-pressed to find a company more protective of its reputation than Krell," says Wes Phillips, as he heads off to evaluate the Krell">http://www.stereophile.com//digitalsourcereviews/638/">Krell KAV-300cd CD player. WP ponders whether that reputation is still intact as the company tries to save its customers some money.

DVD-Audio proponents, ranging from record labels execs and mastering engineers to CE manufacturers, staged a press event on August 9 at Dolby Labs in Los Angeles in the hopes of rekindling interest in their format, which has been quietly trying to launch for the last year or so. Warner Bros Records has gone so far as to call this current effort a "re-launch", but after spending over four hours with the DVD-A folks, this reporter thinks there's a good chance we may be seeing yet another official launch once most of the current issues (detailed below) are sorted out.