(Gibson) Neil Young appears to working on new audio formats. Young is a vocal critic of MP3 quality – he doesn't even like CD audio, particularly – and has designs on something better.Rolling Stone reports that Young applied for six trademarks in June 2011: "Ivanhoe," "21st Century Record Player," "Earth Storage," "Storage Shed," "Thanks for Listening" and "SQS (Studio Quality Sound)." Included in the filing is a description of the trademarks: "Online and retail store services featuring music and artistic performances; high resolution music downloadable from the Internet; high resolutions discs featuring music and video; audio and video recording storage and playback."
The trademark process could take a year, providing that there are no challenges to Young's application. more on this story