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You are here: Home / Archives for 2018

Archives for 2018

The Forgotten Thiel

February 16, 2018 by Ted 2 Comments

Strata-gee *EXCLUSIVE* Interview with Tom Thiel

Tom Thiel at Northwind TonewoodAlthough Strata-gee has loosely followed Thiel Audio for many years, since 2012, when the company was sold by co-founder Kathy Gornik to a group of Tennessee private equity investors, our coverage intensified. Part of the motivation for devoting more coverage to this stage of Thiel, was a growing interest in the apparent deteriorating state of specialty A/V – but it was also fueled by a wacky, reality-show like, “You’re Fired!” atmosphere as principal owner David B. Griffin routinely dismissed newly constituted management teams. With five different CEOs over a five-year period, some with tenures measured in months, the company’s business suffered from inconsistent fits-and-starts as each team pursued a new direction.

This state of constant turmoil at Thiel caused extreme consternation among – first the Thiel dealer base, and when that disappeared – Thiel end-users, many of whom were huge fans of Jim Thiel. A host of audio forums and bulletin boards had ongoing, passionate postings bemoaning the end of an era: the end of the Kathy Gornik era…and of course, the end of the Jim Thiel era.

Kind of like in Star Wars, The Empire Strikes Back, when Obi-wan says: “That boy is our last hope.” Yoda replies: “No, there is another…” [Read more…] about The Forgotten Thiel

Filed Under: Manufacturers, People Tagged With: Gibson, guitars, Jim Thiel, Kathy Gornik, Martin, Northwind Tonewood, Thiel, Thiel Audio, Tom Thiel

King Thiel is Dead, Long Live Coherent Source Service

February 8, 2018 by Ted

Thiel Owners Celebrate the News of the Rebirth of Thiel Service

New Thiel Audio logoThe rumors have been swirling around various audio blogs and forums for a couple of weeks now and Strata-gee has confirmed that the service department of Thiel Audio, the only part of the Nashville-based company that remains in Lexington, KY, has been split off from the company and purchased by long time head of service, Rob Gillum. The development is incredibly good news for Thiel owners everywhere, many of whom were crushed to hear the brand was closing down.

Rob Gillum talks to Strata-gee… [Read more…] about King Thiel is Dead, Long Live Coherent Source Service

Filed Under: Manufacturers, News, People Tagged With: Coherent Source Service, Jim Thiel, Rob Gillum, service, Thiel, Thiel Audio

Gibson Makes Coupon Payment; CFO is Out

February 8, 2018 by Ted Leave a Comment

Debt Holders Increasingly Anticipate Bankruptcy Filing

Logo for Gibson BrandsGibson Brands announced at the end of last week that it had successfully completed a $16.6 million coupon payment to holders of its $375 million 8.875% senior secured notes due 2018. This news, a seemingly positive development for the company, really only means that they get to march forward towards their mid-year debt maturities – the big event. But, for the moment at least, they are stayin’ alive.

However, Gibson’s CFO has left the company… [Read more…] about Gibson Makes Coupon Payment; CFO is Out

Filed Under: Brands, Financial, Manufacturers, News Tagged With: Chelsea Frankel, debt, financing, Gibson Brands, Gibson Guitar, Henry Juszkiewicz, Reorg Research

After a Year of Study, CEDIA Announces Their ‘New’ 3-Year Strategy

February 7, 2018 by Ted 2 Comments

cedia logoAfter an interminably long wait of around a year, CEDIA finally announced this week their new three-year strategy. This “new” strategy takes us through 2020 and is based on three areas of focus, in summary: 1) education; 2) standards, guidelines & best practices; and 3) engagement with design and build community.

Why did I put the word “new” in quotations? Read on…

CEDIA’s new strategy: It’s as easy as one-two-three… [Read more…] about After a Year of Study, CEDIA Announces Their ‘New’ 3-Year Strategy

Filed Under: Associations, Strategy Tagged With: CEDIA, Dr. Rebecca Homkes

Old Pro Bryston Partners with Rookie StormAudio

February 1, 2018 by Ted Leave a Comment

Bryston's logoIn sort of a cross-technology sharing agreement, Bryston says it has partnered with relative newcomer StormAudio to create new products that will embody shared technologies from the two premium companies. According to the announcement, the agreement will enable “both companies to leverage their respective design and manufacturing expertise in an array of new product offerings.”

See more on this interesting Bryston – StormAudio partnership… [Read more…] about Old Pro Bryston Partners with Rookie StormAudio

Filed Under: Brands, Manufacturers, News, Products, Strategy Tagged With: Atmos, Auro 3D, Auro Technologies, Auro3D, Bryston, Dolby Atmos, DTS:X, StormAudio

So How is Amazon Go…er…Going?

February 1, 2018 by Ted 1 Comment

Amazon Go storeUnless you live under a rock, you most likely have heard about Amazon Go, the experimental grocery store that uses technology to allow shoppers to bypass the checkout counter and simply walk out the door with their purchases. Within minutes of leaving, they receive an email of the items they left with, and the receipt with the charges to a card of their (previously registered) choice. The idea is to eliminate a signficant pain point – standing in line for the sometimes time-consuming checkout process.

But what do consumers think about the idea? You might be surprised… [Read more…] about So How is Amazon Go…er…Going?

Filed Under: Brands, Consumer Trends, News, Pivot Point, Retailers, Tech Trends Tagged With: Amazon Go

Monster Throws a ‘Hail Mary,’ Pays Millions for Super Bowl Ad

February 1, 2018 by Ted 6 Comments

Monster logoMonster, Inc. (formerly Monster Cable) announced this week that it is launching its first ever television ad during the NBC broadcast of Super Bowl LII this Sunday, February 4. Usually the biggest TV event of the year, Super Bowl commands a king’s ransom in fees for advertisers, reportedly $5 million for a 30-second spot according to Sports Illustrated. Monsters ad? A full 60-second spot.

See more on Monster’s super expensive Super Bowl ad… [Read more…] about Monster Throws a ‘Hail Mary,’ Pays Millions for Super Bowl Ad

Filed Under: Brands, Manufacturers, Marketing, News, People, Promotions, Shows & Events, Strategy Tagged With: Beats, litigation, Monster, Monster Cable, Monster Products, Noel Lee, Super Bowl

O’Connor Named CEDIA CEO, ‘Status Quo’ Wins the Day

January 31, 2018 by Ted 6 Comments

cedia logoCEDIA announced this week that it was promoting Tabatha O’Connor to permanent CEDIA Global President and CEO. O’Connor, a sixteen-year CEDIA association employee, had recently been serving as the “acting” President and CEO in the wake of the sudden dismissal of former CEO Vin Bruno in 2017.

Unfortunately, what this means is the organization has decided to go back to day-to-day association management of operations, rather than drive growth through a strong, visionary CEO with industry experience and great force-of-will to stem the erosion of the organization’s influence.

See more about CEDIA’s choice for CEO… [Read more…] about O’Connor Named CEDIA CEO, ‘Status Quo’ Wins the Day

Filed Under: Associations, People Tagged With: CEDIA, Dave Humphries, Dennis Erskine, Tabatha O'Connor, Utz Baldwin, Vin Bruno

Scientific Breakthrough: New Holographic 3D Projection Uses Invisible Particles

January 25, 2018 by Ted Leave a Comment

Major news services are reporting that a significant scientific breakthrough has yielded a new projection technology that offers incredibly realistic 3D holographic images that are eerily similar to that scene in the original Star Wars movie when R2-D2 projected a holographic image of Princess Leia delivering a message to Obi-Wan Kenobi.

See more on this new holographic technology and what it can do… [Read more…] about Scientific Breakthrough: New Holographic 3D Projection Uses Invisible Particles

Filed Under: Science, Tech Trends Tagged With: hologram, holographic, projection

Yet Another Investor Sues Gibson Over Soured Deal

January 25, 2018 by Ted 6 Comments

The Plot Thickens in This Sales Triangle

Logo for Gibson BrandsJust last week, we learned that real estate investment company Somera Road filed a lawsuit in the Davidson County Chancery Court in Nashville, alleging that Gibson Brands had reneged on a deal to sell them a property known as the Valley Arts building. Now, in a report from the Nashville Post, we’ve learned that another party has sued Gibson over the same property.

See what we know about this mess Gibson finds themselves in… [Read more…] about Yet Another Investor Sues Gibson Over Soured Deal

Filed Under: Law, Manufacturers, News, Pivot Point Tagged With: Gibson, Gibson Brands, Gibson Guitar, Somera Road, Starguitar

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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