Savant has launched a new 4K Ultra HD video over IP switching solution at ISE 2017 taking place now in Amsterdam, NL. This is its first major product launch since Robert Madonna returned as CEO replacing outgoing CEO William Lynch in September 2016. The company says this system will give their dealers an “advantage in delivering premium distributed A/V content to their residential and commercial clients.”
Sharp Plans Major Investment in U.S., Paying Fealty to Trump
Sharp Corp., a subsidiary of Taiwan’s Hon Hai Precision Industry Co. which is better known as Foxconn, has said in Japan that it plans to make a major investment in the United States. This announcement precedes by just two days a summit meeting between Japanese and U.S. leaders and is seen as a political move to buy favor with both the Japanese and U.S. governments.
See more on this Sharp plan which originated with Foxconn’s CEO Terry Gou… [Read more…] about Sharp Plans Major Investment in U.S., Paying Fealty to Trump
Is CEDIA’s Show For Sale…Again?
Reuters is reporting that Emerald Expositions LLC, the major trade show exposition company that bought the CEDIA show last week, is considering putting itself up for sale. This report became public on Wednesday, January 25th…the day before CEDIA announced it has sold its trademark show to Emerald. All of which leads to the distinct possibility of the show changing hands again, in just a matter of weeks.
See more on this report and how CEDIA members are reacting to the sale… [Read more…] about Is CEDIA’s Show For Sale…Again?
Just Add Power Launches New HDIP Models
Just Add Power announced yesterday that they are launching new 2GΩ Transmitters and Receivers at the upcoming 2017 ISE Show in Amsterdam next week. Celebrating 25 years of design and manufacturing, the company says these new models are consistent with their theory of evolutionary design.
See more on these new models by Just Add Power… [Read more…] about Just Add Power Launches New HDIP Models
Film Flops Force Sony to Take $1Billion Writedown
Sony Corps’ struggling film division, which hasn’t seen a major hit movie in a long while, has finally forced the company to take a writedown against third quarter earnings of a substantial $1 billion. The difficult decision was necessary to adjust or right-size the value of their operations and will mostly be booked against goodwill – to reset the value of the various film-related divisions.
Why is Sony CEO Hirai setting up an office in Culver City, California?… [Read more…] about Film Flops Force Sony to Take $1Billion Writedown
Control4 Beefs Up Routers with Built-In Cloud Monitoring Solution
Control4 Corporation announced today that it has launched a line of routers that are upgraded with their BakPak cloud-based remote monitoring and performance assessment capability built-in. The company says this is a “first for the industry.”
See more on this interesting new launch from Control4… [Read more…] about Control4 Beefs Up Routers with Built-In Cloud Monitoring Solution
CEDIA Sells Off Their Show to Emerald Expositions
BREAKING NEWS
The Custom Electronic Design and Installation Association (CEDIA) announced today that it has sold off their annual show – previously called the Expo, now known simply as CEDIA2017 – to Emerald Expositions, a company that they say is the largest trade show operator in the United States. The news, likely to be a surprise to many in the industry, is effective immediately, although CEDIA will continue to have a prominent role in the 2017 edition, with Emerald taking full control in 2018.
See more on CEDIA’s surprise announcement… [Read more…] about CEDIA Sells Off Their Show to Emerald Expositions
Why Consumers Don’t Like to Shop at Retail Anymore
New research into what frustrates consumers when shopping in a retail store may give us a clue as to why brick-and-mortar retail is struggling – while online retailers are growing. Market research firm Capgemini asked consumers what they thought was a simple question that would elicit a simple answer. Little did they know that shoppers were only too happy to list the multiple reasons why they are frustrated with the retail shopping experience today.
See this latest research showing where retail is “dropping the ball”… [Read more…] about Why Consumers Don’t Like to Shop at Retail Anymore
Savant Holds Integration Summit in Denver, Outlines New Path Forward
In the wake of recent major executive changes, Savant seemed to fall into silent mode, deflecting media inquiries and in general buying itself time to get organized. All that is changing now as the company wrapped up a summit of its integrators in Denver – its largest ever – where it made several major announcements. At the integration summit, Savant revealed new products, new services, and a new commitment to the custom integration community.
See what we know so far about Savant’s announcements… [Read more…] about Savant Holds Integration Summit in Denver, Outlines New Path Forward
Sprint Throws a Life Preserver to Drowning Tidal
Cash Infusion Buys Time for Struggling Service
Tidal, the musician-owned music streaming service put together by rapper Jay Z, announced this week that it has sold a third of the company to telecom giant Sprint. Although the original announcement did not disclose the price, Billboard, the music industry trade journal, said that Sprint invested $200 million for a 33% stake in the company.