Two power players in the high performance home cinema game – media server specialist Kaleidescape and screen expert Stewart Filmscreen – have partnered to deliver a better “seamless screening experience.” And in the process, the partnership will result in a limited-time offer to buyers for a $1,000 discount off the MSRP of qualifying Kaleidescape products.
While there’s no question that the economy continues to expand, certain indicators are sending chills down economists’ spines – and the latest Consumer Confidence Index is one of those indicators. According to the latest data from The Conference Board (TCB), the Consumer Confidence Index (CCI) declined in November in a sign that consumers’ attitudes about the economy are turning cold.
See more on the November Consumer Confidence Index[Read more…] about Brrrr, There’s a Chill in the Air; Consumer Confidence Hits a 9-Month Low
A Strata-gee Exclusive Report
In a special presentation to Strata-gee, Snap One educators Rus Rassmussen and Shayne Larsen shared with me the company’s latest revamped educational initiative designed to better educate integrators by improving comprehension and retention. This program, created and designed by the company’s education team, is now beginning to roll out and is impressive in scope, style, and design – it just may be Snap One’s greatest invention yet.
See all the details on this impressive education initiative from Snap One…[Read more…] about Snap One: What May Be Its Greatest Invention Yet
Atlantic Integrated, a leading specialty manufacturer sales representative firm in the New York Metro market, announced last week that they have expanded their organization in order to help maintain their superior level of service as their business continues to grow. To help them address this expansion, they have appointed the newly-added Justin Zuber as Sales Manager.
Learn more about Justin Zuber at Atlantic Integrated[Read more…] about Atlantic Integrated Appoints Justin Zuber as Sales Manager
Last year at this time, I pondered whether it was possible to be thankful at Thanksgiving in a year that contained so much pain and suffering. With 2020 as the year of COVID-19, there was so much negativity everywhere, how could we possibly be thankful? Part of my answer was to look forward to the “return to normalcy” as we exited the pandemic in 2021. Whoops!
See my thoughts on THIS Thanksgiving[Read more…] about Happy Thanksgiving 2021? Yes, Let’s All Happily Give Thanks – Part 2
Attendees Got a Full Show, Training & a Preview of Future Technology
Last week, Crestron Electronics, a leading provider of control and automation solutions, wrapped up their two-day regional show, the Crestron Next Road Trip, at the Westin Copley Place Hotel in Boston. The well-attended two-day event saw hundreds of integrators descend on Boston to participate in an event that included whole sections of their displays from the CEDIA Expo and InfoComm trade show booths and offered full-day educational courses for both their residential and commercial dealers.
Learn more about the successful Crestron Next Road Trip[Read more…] about Hundreds of Integrators Descend on Boston for the Crestron Next Road Trip
By now many of us are deep in our planning for 2022. What factors should you consider as you think about the business conditions you face next year? Will 2022 be more of the same as 2021? Or will trends be more negative…or more positive?
Here are some factors you should consider[Read more…] about Top Factors to Consider As You Ponder Your 2022 Plans
In spite of the fact that the economy is continuing to grow as it powers away from the days of COVID shutdowns, a preliminary November reading of consumer sentiment shows a dramatic drop to a 10-year low, as consumers fret about growing inflation. While economists have long warned that transitory inflation would be a temporary part of our overall economic recovery, consumers are clearly concerned that this inflation may be hanging around for a while and it is already crimping their lifestyle.
Learn what the University of Michigan chief economist had to say about this result[Read more…] about Inflation Impact: November Consumer Sentiment Drops to 10-Year Low
Crestron Electronics, one of the industry’s most powerful home automation brands, announced today that it has launched a new line of battery-powered custom shades. While Crestron has been in the shading business for quite some time now, this new line of battery-powered shades – to my mind at least – seems perfectly suited as a complement to their burgeoning Crestron Home residential automation ecosystem.
See more on the all new line of Crestron battery-powered shades[Read more…] about Crestron Launches Line of Battery-Powered Shades
But a 57% Increase in SG&A Expenses Swung the Quarter to a Net Loss
Snap One Holdings Corp. (NASDAQ: SNPO) announced the results for its fiscal 2021 third quarter last week and said that thanks in part to an August 2021 price increase and continued expansion of its dealer base, the company booked a substantial revenue increase to $260.7 million, or 15% higher than the same quarter the year before. However, the company additionally reported a net loss of -$21.5 million, way below the net income of $1.4 million in the quarter last year, due to a significant increase in SG&A expenses.