Just days after Apple, Inc. announced its plans to attempt to reassert its leading role in the music distribution and streaming businesses, we learn from the New York Times that two powerful state attorneys general in New York and Connecticut have launched an investigation into Apple’s music licensing practices. The purpose of the investigation is to determine if Apple has broken any antitrust laws in cutting deals that allegedly restrict music industry providers from offering their content on a free basis with other services.
Archives for June 11, 2015
Proxy Adviser Tells Japanese Investors to Vote Out CEOs at Sony & Sharp
We live in interesting times! In a news report out of Japan that is, shall we say, unusual – proxy investment advisory firm ISS is recommending that Japanese shareholders vote against the reelection of the top executives at both Sony Corp. and Sharp Corp. at upcoming annual shareholders meeting for the firms. Coming from the land of consensus and support for local brands, this news is quite surprising.
See more on ISS’s recommendation & the reason they suggest these execs must go… [Read more…] about Proxy Adviser Tells Japanese Investors to Vote Out CEOs at Sony & Sharp
Samsung Display Launches New Transparent & Mirror OLED Displays
Samsung Display Co. Ltd, announced on Tuesday that it has developed Mirror and Transparent OLED display panels, targeted for the digital signage market. Although Samsung calls this development a “world’s first,” we told you back in February about Planar introducing a transparent OLED display that they showed at ISE 2015 earlier this year.
See more on Samsung’s new mirror and transparent digital signage displays… [Read more…] about Samsung Display Launches New Transparent & Mirror OLED Displays
D&M Holdings Borrows $25 Million to Build More HEOS
An independent commercial finance company, Siena Lending Group, announced last week that it has worked with North Mill Capital to close on a three-year asset-based revolving credit facility in the amount of $25 million with D&M Holdings, Inc. and D&M Canada, Inc. Siena says that the funds will support D&M’s growth and their “seasonal working capital requirements.” It will also, apparently, help Denon grow their HEOS line. Why do we say that? Read on…