Iconic folk musician Neil Young has filed several trademarks with the US Patent and Trade Office involving a new, high-fidelity digital audio format meant to offer a superior option to the MP3 format.  Ivanhoe, 21st Century Record Player, Earth Storage, Storage Shed, Thanks for Listening and SQS (Studio Quality Sound) are terms Young has filed for trademarks on, all pertaining to the former Buffalo Springfield frontman's new audio delivery system. 

Of course, it will be at least a year before the trademarks are granted, according to an attorney, as the patent office will first publish the trademarks in a public journal for 30 days to give competitors time to object, after which Young will be required to submit further documentation describing how he will use the trademarks.  No word from Young's representatives on how far along the development of the technology involved in the new audio format is or when it might become available.