The Greatest Barrier to ‘Smart Home’ Adoption is Complexity, New Study Shows

Lots of studies have shown that consumer adoption of various smart home technologies and devices is growing…and that is undoubtedly true. But a new study shows that adoption is not as strong as it could be but for the complexity … Continue reading

Consumer Confidence Drops for the 4th Straight Month in-a-Row

The Conference Board, in conjunction with Nielsen, announced on Tuesday that consumer confidence, a widely watched economic indicator, fell in November for the fourth straight month in-a-row. Consumers, it seems, are concerned about the current business climate and employment outlook. … Continue reading

Oct. Housing Data is Split: Home Construction UP, Home Sales DOWN

In new data from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, the readings appear split with housing starts showing increases while new home sales declined. Housing, a prime component of the overall U.S. GDP … Continue reading

Last Week Onkyo, Now Sound United Reorganizes in Wake of Failed Acquisition Deal

For a few weeks now, I’ve been chasing a rumor that both sides of the failed Sound United acquisition of Onkyo’s branded A/V business were in the throes of a major reorganization. The rumors, it seems, were true – starting … Continue reading

NY Attorney General Files Action Against B&H Photo Video Alleging Multi-Million Dollar Tax Dodge

Whistleblower Notified Authorities New York State Attorney General Letitia James has filed a lawsuit against B&H Photo Video alleging that the NY retailer has operated a scheme to avoid paying the State of New York millions of dollars in taxes … Continue reading

No Josh-ing, AudioControl & Josh.ai Partner for a Better User and Integrator Experience

AudioControl and Josh.ai announced last week that they were partnering with an integration that will allow integrators to offer their clients a better voice-enabled home entertainment control experience. A perfect blend of the high-quality electronics from AudioControl, coupled with the … Continue reading

Onkyo to Slash Overall Company Headcount by 30%, Cutting Management by 50%

Also: Consolidating Facilities & Moving Headquarters It appears that the other shoe is dropping in the wake of the failed acquisition of Onkyo Corporation’s branded A/V division by Sound United last month, as the company now says it will reduce … Continue reading