Aggressive Business Restructure Fails to Prevent JVC Kenwood’s Net Loss

JVC Kenwood Corporation released a snapshot of the financial results for its fiscal year that ended March 31, 2014 and – while overall group revenues were slightly better than expected – the profit picture is still quite troubled. Fiscal year … Continue reading

Oops! I Did It Again – Gibson Brands Buys Accessory-Maker WOOX from Philips

Oops, they did it again (to quote pop icon Brittney Spears) – Gibson Brands has acquired WOOX Innovations, a Singapore-based brand of accessory products, from owner Royal Philips, N.V., according to an announcement from Philips earlier this week. Another in … Continue reading

Thiel Audio Story Takes a New and Troubling Turn

*Strata-gee EXCLUSIVE* Company Leaving Lexington after 38 Years, Moving to Nashville Thiel Audio Products Company (Thiel), the iconic high-end speaker manufacturer founded in 1976 in Lexington, KY by engineer Jim Thiel and two friends – and purchased by investors in … Continue reading

Sony’s Struggling Electronics Division is Hoping for a Spider-Man Rescue

Like a damsel in distress, Sony’s money-losing electronics businesses are hoping that Spider-Man can save them…and it just might take a superhero to do it. With Sony Pictures’ The Amazing Spider-Man 2 about to launch in Japan this month – … Continue reading

UPDATE: Sony Corporate Responds to Strata-gee’s EXCLUSIVE Story on Tech Support Termination

STRATA-GEE EXCLUSIVE We told you last week about a shocking email received by a Sony dealer which proclaimed in a bold headline that “Sony Technical Support is now terminated.” This seemed to us like a pretty big deal, and yet … Continue reading

D+M Group Cuts Licensing Deal for Denon & Marantz Professional Businesses

D+M Group (formerly D&M Holdings), continues their program of divesting businesses it determines are “non-core” to the company’s central focus on the consumer-based Denon, Marantz and Boston Acoustics brands. This week, we learned that the company has cut a deal … Continue reading