Neil Young to revamp MP3 sound quality?

digital MP3 files, the industry standard in mass digital audio sharing, Examiner writes.

It appears he may be working to develop a high-definition alternative.

Young, 66, filed last June for six trademarks called Ivanhoe, 21st Century Record Player, Earth Storage, Storage Shed, Thanks for Listening, and SQS (Studio Quality Sound).

According to Rolling Stone, 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."

Young faces about a year of paperwork before the government will register his trademarks. Last week, they were approved for publication in a public journal for 30 days, a step that allows competitors to challenge Young if they find his registration harmful.

Young unveiled news last fall that he's working on the aforementioned audio system and cloud-based library with the aim of sharing “the studio-quality sound that artists and producers heard when they created their original recordings” under the name Pono, Twenty Four Bit notes.