Federal judges have issued somewhat conflicting rulings in the ongoing legal battle over illegitimate file sharing. As the situation stands at the end of April, individuals may be held responsible for copyright violation, but the services they use in the process may not.
Over the past few years, <A HREF="http://www.psaudio.com">PS Audio</A>'s <A HREF="http://www.stereophile.com//accessoryreviews/181/">P300</A> AC regenerator has been very well received by the audiophile community, winning praise (and a <I>Stereophile</I> "Recommended Components" listing) for its ability to lower the noise floor to vanishing levels and to extract unforeseen levels of performance from users' hi-fi systems. Good as it is, the P300 disappointed some because it can't supply enough current for power amps or other juice-hungry gear needing more than its 300W maximum. Some users also complained that despite the sonic improvement offered, the P300 was too bulky for its power rating, ran too hot, and drew too much current when simply idling.
If a recent announcement by the nation's largest radio broadcaster is any indication of a trend, independent music promoters may be on their way to extinction.
A month after news of Apple Computer's start-up subscription music service, reports began circulating that the company was negotiating to buy Universal Music Group, the dominant player in the global music market. The rumored buyout, first reported April 10, was variously quoted at $5–6 billion. The discussions between Apple and UMG may have been blown out of proportion; by April 12 the <I>New York Times</I> was suggesting that Apple might invest in UMG, but was in no position to make an outright acquisition.
Webcasters will pay a new royalty rate to the recording industry, as of April 3.
The music industry has taken its war against piracy into a new realm.
Alleged unauthorized copying of compact discs will cost Technicolor, Inc. approximately $2.3 million. On March 26, the Southern California disc replicator agreed to settle a <A HREF="http://www.stereophile.com/news/11309/">case</A> brought against it last year by the Recording Industry Association of America (RIAA), in which the RIAA charged that workers at one of Technicolor's disc plants had made and distributed batches of illegal copies. The total of the settlement was less than 10% of the amount originally sought by the RIAA.
The nascent satellite radio industry has entered a critical phase, with both <A HREF="http://www.xmradio.com">XM Radio</A> and <A HREF="http://www.siriusradio.com">Sirius Satellite Radio</A> posting losses for the fourth quarter. Combined, the two companies have yet to sign up a half-million subscribers.
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 <A HREF="http://www.sonymusic.com">Sony Music</A> and <A HREF="http://www.bmg.com">Bertelsmann Music Group</A> announcing significant reductions in their workforces.
The music industry is again under legislative assault on both coasts.