Turn It On (TiO), a division of Anuva Automation that makes wireless multi-room home automation and entertainment systems, announced today that it has released a major software suite update called TiO 3.0. The main reason for this update is to incorporate the major system capabilities expansion announced last month at CEDIA Expo 2015.
DTS Partners with ProSource for National Play-Fi Marketing
ProSource, a national dealer buying group, announced this week that it has cut a deal with DTS Inc., to partner in marketing and promoting its Play-Fi wireless music system products. DTS, which announced an expanded roster of Play-Fi participating manufacturers at CEDIA Expo, has been a bit behind other wireless makers before now, but is seen as picking up the pace of its expansion.
See more on this new partnership between DTS and ProSource… [Read more…] about DTS Partners with ProSource for National Play-Fi Marketing
What You Don’t Know About Auro-3D May Surprise You
At last month’s CEDIA Expo, we had the opportunity to meet Wilfried Van Baelen, the rather energetic, almost evangelistic, inventor of Auro-3D immersive surround sound technology. Van Baelen was quick to take credit for the concept of using speakers in the “z-axis” (height) to create a totally immersive surround experience. And he scoffed at the Dolby Atmos and DTS:X versions which miss the mark in several important ways, he tells us.
See more on Auro-3D…you may be surprised at what you don’t know… [Read more…] about What You Don’t Know About Auro-3D May Surprise You
Two Directors Abruptly Resign CEDIA Board of Directors in Apparent Sign of Turmoil
BREAKING NEWS
Two members of the Board of Directors of CEDIA have abruptly resigned within 24-hours of each other in what appears to be a sign of turmoil roiling the organization’s Board, multiple sources told us. According to reports, Richard Millson of Millson Technologies and Bob Brown, a well-known industry consultant, have both abruptly resigned their positions on the Board.
See more on this surprising news out of CEDIA… [Read more…] about Two Directors Abruptly Resign CEDIA Board of Directors in Apparent Sign of Turmoil
Core Brands Turns to Vision Werks for ‘Brand Protection Program’
At last month’s CEDIA Expo, Core Brands announced that it has retained Vision Werks Consulting to help it establish a brand protection program. According to Core Brands release, Vision Werks will primarily be involved in issues revolving around unauthorized online resellers.
See more on this new program from Core Brands… [Read more…] about Core Brands Turns to Vision Werks for ‘Brand Protection Program’
Digital Projection’s Dynamite Demo at EXPO
We saw many presentations at the 2015 CEDIA Expo in Dallas, but one stood head-and-shoulders above the rest – Digital Projection’s Insight 4K projector demo. Not only was the product line smokin’ hot, the company retained video expert Chris Chinnock of Insight Media who offered a very educational presentation on the key elements of projector performance, elements to which we often don’t pay enough attention.
See more on DP’s excellent Insight 4K projector line and their impressive Expo demo… [Read more…] about Digital Projection’s Dynamite Demo at EXPO
AudioControl was Out of Control at Expo 2015
AudioControl’s booth was consistently busy with lots of integrator traffic at last month’s CEDIA 2015 Expo. Much of this traffic was due to the fact that the company was showing several recently announced new models for the first time.
See more on AudioControl at Expo and its new models… [Read more…] about AudioControl was Out of Control at Expo 2015
Artison Backpack: Small Solution to Huge Problem
One of the neatest solutions we saw at the 2015 CEDIA Expo was Artison’s clever new product called the Nano Backpack WP (WiSA™ Powered). Don’t let its diminutive size fool you – the Backpack solves a huge problem – how to add exciting theater surround sound without resorting to bulky, and (to consumers), ugly electronic components.
Learn more about the Backpack, which features a clever technology twist… [Read more…] about Artison Backpack: Small Solution to Huge Problem
Wall Street Reacts to Negative Nortek Q3 Numbers; AVC Sales Drop 36.8%
Company Blames Declines on ‘Negative Impact’ of United Technologies Unsuccessful Acquisition Bid
Nortek, Inc. stock dropped more than 9.3% in early afternoon trading Wednesday in the wake of a report released by the company after the close of business Tuesday showing results for their fiscal third quarter. With sales and profit declines in key business segments – as well as for the company overall – it appears that Wall Street analysts are growing tired of waiting for the promised benefits of the company’s multi-year restructuring program, begun four years ago.
The company reported overall sales for the quarter of $618.5 million or 3.8% below the $642 million booked in the third quarter last year. The profit picture was even bleaker with a net loss of $14.4 million in the quarter this year as compared with a net profit in the quarter last year of $4.6 million.
Surprisingly, the AVC division saw sales drop an astonishing 36.8% to $30.1 million – well off the $47.6 million in the quarter last year – in the wake of the spin-off of TV One and the company’s exit from commercial AV businesses.
See more on this report and its troubling revelations… [Read more…] about Wall Street Reacts to Negative Nortek Q3 Numbers; AVC Sales Drop 36.8%
Former Nortek President Named CEO of Newly Independent tvONE
Denise Nemchev, the popular former President of AV Tech segment for Nortek, Inc., who was let go in the wake of a major company restructuring, has now been named President & CEO of tvONE, according to a report by AVNetwork. tvONE is a supplier of professional video conversion and signal distribution equipment. Once part of Nortek itself, tvONE recently was split-off from Nortek through a management buyout by the company’s existing managers in July of this year.
