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Ted

Have the Happiest of Holidays!

December 24, 2019 by Ted 7 Comments

Yesterday, I attended a memorial service even though I had no personal relationship with the person who had recently passed. In fact, I had never had the pleasure of even meeting this person. Yet I chose to pay my respects because I’ve known the family for years and am especially friendly with certain specific family members to whom I wanted to demonstrate the depth of my care and support. Out of respect for their privacy during this difficult time, I’ll not name them here – but I’d like to share some lessons I took away from such a poignant event.

Some would say a death at this time of year – during the holidays – is an especially tragic event…and there certainly was a lot of sadness shown there. Sadness is an unavoidable element of an event such as a memorial service. But there was also a lot of stories, laughter and most importantly…love.

See more of my holiday message…

[Read more…] about Have the Happiest of Holidays!

Filed Under: General Topics Tagged With: Happy Holidays

URC Cuts Staff as It Realigns Its Sales Efforts

December 20, 2019 by Ted Leave a Comment

URC logo

Universal Remote Control, Inc. (URC) has had a round of layoffs heading into the holidays. Taking place last week, the remote control giant has made cuts to its team that represent approximately 6% of their total workforce.

Learn more about the cuts at URC…

[Read more…] about URC Cuts Staff as It Realigns Its Sales Efforts

Filed Under: Brands, Management, Manufacturers, News, People, Products, Tech Trends Tagged With: layoffs, Universal Remote Control

A Deeper Dive into the Troubling Emerald Expositions Fiscal Q3 Report

December 19, 2019 by Ted 3 Comments

CEDIA 2019 Show floor

Company Says Declining CEDIA Expo Revenues is Partly to Blame

If you saw my recent article on the Emerald Expositions’ leadership turmoil (See: More Leadership Turmoil Hits Emerald Expositions), in addition to covering the fact that their new CEO (just started in June) was leaving the company at the end of the year, I also provided some sobering key figures from their recent fiscal third quarter results report. I have done a deeper dive into their report, only to uncover even more troubling information.

See what I discovered in Emerald Expositions Q3 report…

[Read more…] about A Deeper Dive into the Troubling Emerald Expositions Fiscal Q3 Report

Filed Under: Financial, Industry Trends, Management, News, Shows & Events, Strategy Tagged With: Emerald Expositions

Frank Sterns Leaves Sony for Sound United

December 19, 2019 by Ted Leave a Comment

Rumors abound for the last few days and now we learn it’s true, Frank Sterns, former Vice President of AV Specialty/Custom Integration for Sony, has left that position to join Sound United as Senior Vice President of Commercial Operations – Americas. This new role will begin on January 6, 2020.

See more on Sterns joining Sound United…

[Read more…] about Frank Sterns Leaves Sony for Sound United

Filed Under: Management, Manufacturers, News, People Tagged With: Blair Tripodi, Frank Sterns, Sound United

In a Surprise Reveal, Netflix Shows Investors Its Huge Advantage Over New Streaming Competitors

December 18, 2019 by Ted Leave a Comment

Netflix Logo

You knew they were big, but you didn’t know just how big streaming innovator (and leader) Netflix really was…until now. In a bid to prove to investors they have what it takes to stave off a whole new class of streaming competitors, Netflix released some detailed numbers on their global subscription base that has Wall Street really buzzing.

See what Netflix has revealed to investors…

[Read more…] about In a Surprise Reveal, Netflix Shows Investors Its Huge Advantage Over New Streaming Competitors

Filed Under: Brands, Consumer Trends, Financial, Industry Trends, Marketing, News, Research, Statistics Tagged With: Disney +, HBO Max, Netflix, Peacock, streaming, streaming services

Housing Construction Starts Grow Again in November

December 18, 2019 by Ted Leave a Comment

housing construction starts photo

The Census Bureau, in cooperation with the U.S. Department of Housing and Urban Development, released new home construction data for November, offering details on what is generally known as housing starts. The overall construction starts – which includes both single-family and multi-family homes – both showed increases over the revised numbers for October, suggesting a return to economic stability after a period of concern about a possible slowdown.

See more on housing construction starts…

[Read more…] about Housing Construction Starts Grow Again in November

Filed Under: Economic Trends, News, Statistics Tagged With: economy, housing starts, residential construction, starts

Denon Offers ‘Denon Home’ Wireless Speaker Line

December 12, 2019 by Ted Leave a Comment

Denon announced yesterday a new series of wireless multiroom speakers featuring their HEOS Built-in technology. The new models, said to be part of their Denon Home series, brings all the advantages of the wireless, multiroom category…with the added benefit of hi-resolution sound thrown in to boot.

Learn more on Denon Home series…

[Read more…] about Denon Offers ‘Denon Home’ Wireless Speaker Line

Filed Under: Consumer Trends, Products, Tech Trends Tagged With: Sound United, wireless, wireless music systems, wireless speakers

More Leadership Turmoil Hits Emerald Expositions

December 12, 2019 by Ted 1 Comment

CEO to Exit by Year End; COO Steps into Interim Role While Search Begins

Emerald Expositions CEO Sally Shankland

Emerald Expositions Events, Inc. (Emerald) (NYSE:EEX), parent company to the CEDIA Expo show and industry trade magazines CE Pro & Commercial Integrator, announced this week that CEO Sally Shankland will be leaving the company by the end of this year. Shankland was appointed CEO just this past June 2019, and has said she will step down “for personal health reasons.” Once again, the organization is plunged into a leadership vacuum which began just one year ago with the sudden resignation of then-CEO David Loechner.

More on the new Emerald CEO transition…

[Read more…] about More Leadership Turmoil Hits Emerald Expositions

Filed Under: Financial, Management, Marketing, News, People, Shows & Events Tagged With: Emerald, Emerald Expositions, Emerald Expositions Events, Sally Shankland

‘The Smart Home is Dead,’ Says a Key Industry Expert

December 11, 2019 by Ted 5 Comments

Lennar home interior

As many integrators seek to pitch their clients on the many wonders of converting their dumb homes into “smart” homes, there are growing indicators that the promise of the smart home is not being reliably delivered up to this point…and may never be, according to one respected industry expert. And there is a growing chorus of others who appear to agree – possibly including Google, who is trying to manage expectations by relabelling the smart home as the “helpful home.”

See the case for the fall of the smart home…

[Read more…] about ‘The Smart Home is Dead,’ Says a Key Industry Expert

Filed Under: Consumer Trends, Industry Trends, News, Products, Tech Trends, Technology Tagged With: Alexa, Amazon Alexa, artificial intelligence, Google, Google Home, Internet of Things, Stacey Higginbotham

Audio Design Associates Warns of Imminent Company Shutdown

December 10, 2019 by Ted 12 Comments

Audio Design Associates logo

In a letter to the media early Tuesday evening, Richard Stoerger announced the likely impending closure of Audio Design Associates (ADA), a company that was a founding member of CEDIA and a significant driving force in the early days of the “CEDIA channel.” The letter itself never explicitly explains the reasons for the possible closure, only offering vague allusions to: difficulty to “defeat the noise generated on a public level”… and … that they “just ran out of time and money”… and … a failure to “reckon with” how “difficult and expensive” it is to tell one’s story.

This news tolls the end of an era…

[Read more…] about Audio Design Associates Warns of Imminent Company Shutdown

Filed Under: Financial, Management, Manufacturers, News, Pivot Point Tagged With: ADA, Audio Design Associates, custom installation, custom installers, custom integration, Richard Stoerger

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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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