Wren Sound Systems earlier this month announced an updated version of their popular V5 wireless speaker system called the V5US. The “US” in the model designation does not refer to the United States, rather, it stands for universal system – and it represents a significant upgrade of the company’s popular system.
Archives for April 2015
JVC Kenwood Restructuring Produces Profits, But Sales Slide Continues
JVC Kenwood Corp. released a summary of results for their fiscal year 2015, the year that ended March 31, 2015, and we continue to see positive profit results from their rather dramatic company-wide restructuring that had them abandoning many consumer categories and refocusing on more commercial enterprises. But we also see a continued and persistent slide in sales that shows no sign of slowing down.
So just how did the company fare last year? See below… [Read more…] about JVC Kenwood Restructuring Produces Profits, But Sales Slide Continues
Autonomic Announces URC Total Control Compatibility
Autonomic Controls, Inc. announced today that it has launched a driver that integrates its popular MMS-2A and MMS-5A Mirage Music Players with the URC Total Control system. Combining one of the most popular high-resolution music player & lossless streaming systems with one of the most popular control systems is bound to be a hit with integrators, AND make their lives much easier.
See more on this announcement from Autonomic… [Read more…] about Autonomic Announces URC Total Control Compatibility
Sporting Goods Retailer Cabela’s Tells Customers to Disconnect from Tech
Company Seeks to ‘Rally Against…Over-Connectivity’
Cabela’s Inc., the world’s largest direct marketer of hunting, fishing, camping and outdoor goods, announced last week that it is partnering with country music star Justin Moore to launch a campaign to encourage their customers to disconnect from tech by supporting a Disconnect Day. Saying, “It’s no secret that a dependence on technology affects individuals and families,” the company plans to launch a multi-faceted effort to encourage consumers to “step away from their devices for a day of their choosing to enjoy outdoor activities.”
See more on how Cabela’s wants you to disconnect from tech… [Read more…] about Sporting Goods Retailer Cabela’s Tells Customers to Disconnect from Tech
Tesla’s Musk Not Only Wants to Power Your Car, but Your Home Too
Residential & Commercial Energy Storage is a Fast Growing New Market
Two separate announcements this week add significant momentum to a rapidly growing market we first told you about three years ago – the residential energy storage market. Now, two new announcements – one from Toshiba in Japan, and the other from home-grown Tesla, dramatically reveal the increasing interest in this all-new market for residential energy storage devices.
See more on what Tesla’s Elon Musk and Toshiba are working on… [Read more…] about Tesla’s Musk Not Only Wants to Power Your Car, but Your Home Too
Local Rep End Result Claims Dealer Show was ‘A Huge Success’
End Result, a Pittsburgh, PA-based sales representative company, held its 15th annual dealer show titled Survive-Revive-Thrive on April 15th and said it was the best attended event they have ever held. The firm, which represents both home and automotive electronics suppliers, says more than 170 local dealers attended the event which was held in Columbus, OH.
See more on the results of this show… [Read more…] about Local Rep End Result Claims Dealer Show was ‘A Huge Success’
At Tidal – A Wave of Layoffs & New CEO
Tidal, the music streaming service recently purchased by rap star Jay Z and more than a dozen of his closest music superstar friends, is already feeling the impact of its new ownership. Moving quickly, Jay Z and his team has taken several steps including dismissing the existing CEO Andy Chen and what the company says is a “handful” of other executives from the service.
See more on this rapid and surprising move… [Read more…] about At Tidal – A Wave of Layoffs & New CEO
Whew! First Hurdle Cleared: Banks Say They’ll Help Sharp
If you’ve been holding your breath, waiting to see what is going to happen to troubled Japanese giant Sharp Corp., you can now relax and exhale. The first significant hurdle the company faced on their race to survival appears to be cleared. Media in Japan is now reporting that Sharp’s two banks will support it through a restructuring with a ¥200 billion convertible loan.
But these bank loans come with strings attached. Read on to see what these are… [Read more…] about Whew! First Hurdle Cleared: Banks Say They’ll Help Sharp
HTSA & Nationwide Partner to Create HTSN
In a joint release this week from both Nationwide Marketing Group (NMG) and the Home Technology Specialists Association (HTSA), the partners announced the creation of a new entity that they call the Home Technology Specialists of Nationwide (HTSN). The announcement, that surprised many in the industry…and had some scratching their heads trying to see the fit…said that this new alliance will offer new business opportunities for their respective members and vendors. It also, largely due to the size of Nationwide, creates the “largest buying and marketing collaboration” in the industry.
Is this the organization of the future? Or are they just strange bedfellows?… [Read more…] about HTSA & Nationwide Partner to Create HTSN
Sharp Expected to Report 200 Billion Yen Loss
BREAKING NEWS
In a new report out of Japan today, Sharp Corp. is said to be preparing to report a loss of “more than 200 billion yen” or about $1.66 billion, when they finally release their fiscal year-end results. This report is based on unnamed sources and appeared in the Nikkei.
