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Ted

Azione Unlimited Spring Conf. Shows Members Their Future is Unlimited

March 10, 2023 by Ted 1 Comment

Photo from Azione Unlimited's Spring Conference called the Didactic Dovecote in the Desert

Launches Two Major Initiatives Partnering with Nationwide

On Thursday, Azione Unlimited wrapped up its spring conference, this year known as the Didactic Dovecote in the Desert, which took place in Scottsdale, AZ from March 7th to March 9th. Although this is the first Azione event I have personally attended, it was an impressive display of solidarity, sharing, learning, and planning with a lot of enthusiastic participation by the organization’s members and vendors.

Perhaps most importantly, as part of the Nationwide Marketing Group’s family of companies, the association announced two major new initiatives: the Azione Academy, an online self-paced education program; and the Drive to 1,000 collective membership drive. This initiative by Nationwide is their plan to drive collective group membership to 1,000 members overall.

Learn more about the Azione spring conference…

[Read more…] about Azione Unlimited Spring Conf. Shows Members Their Future is Unlimited

Filed Under: Associations, Integrators, News, Shows & Events, Strategy, Training Tagged With: Andy Orozco, Azione Unlimited, John Riddle, Richard Glikes, Tom Hickman

Sonos Launches New Era 300 and Era 100 Smart Speakers Featuring Spatial Audio

March 8, 2023 by Ted 4 Comments

New Sonos Era 300

Sonos (NASDAQ: SONO) announced on Tuesday that it has launched two new smart speakers that implement spatial audio for a more immersive listening experience. The company says these new models are the next-generation of smart speakers, utilizing Dolby Atmos technology to launch “…a whole new chapter in sound and design innovation.” They also call them “revolutionary” and “bold” and the “best experience for out loud spatial listening.”

Learn more about the Sonos Era 300 and Era 100

[Read more…] about Sonos Launches New Era 300 and Era 100 Smart Speakers Featuring Spatial Audio

Filed Under: Manufacturers, News, Products, Technology Tagged With: immersive audio, smart speakers, Sonos

Sony Offers Unusual Incentive to Attract Chip Engineers for Expanding Division

March 6, 2023 by Ted Leave a Comment

photo of a Sony facility
[Photo: Nikkei]

Sony is looking to make a major investment to fuel even greater growth in its semiconductor business – a hot category right now around the globe. This means they need to hire engineers, dozens of engineers. But one of the consequences of so many companies chasing the semiconductor category is that competition has really been turbocharged for everything…especially engineers.

Now the company thinks it has found the perfect incentive to lock up the best engineers – something that is not nearly as prevalent in Japan as in the U.S.

See what Sony plans to offer to lock up the right engineers

[Read more…] about Sony Offers Unusual Incentive to Attract Chip Engineers for Expanding Division

Filed Under: Management, Manufacturers, News, Strategy

Integra Adds DRX-8.4 Deeply Featured Flagship AVR to Its Integrator Lineup

March 2, 2023 by Ted 1 Comment

Integra DRX-8.4 flagship AV receiver

Premium Audio Company, a VOXX company, announced this week the launch of an all-new, deeply featured Integra flagship audio/video receiver (AVR) to cap its remarkable DRX line first introduced in 2021. The new DRX-8.4 offers 11 channels of 150 watts of Integra symmetric class AB room-shaking power. This unit is stuffed with all of the latest technology offering integrators an unprecedented level of flexibility and system control.

Learn all about the new Integra DRX-8.4 AVR

[Read more…] about Integra Adds DRX-8.4 Deeply Featured Flagship AVR to Its Integrator Lineup

Filed Under: Integrators, News, Products Tagged With: AVR, home theater, Integra

Parasound’s New Owner Delivers on Promise to Expand Engineering, Hires Darren Myers

March 2, 2023 by Ted 2 Comments

Parasound JC-1Plus amplifier

Parasound announced this week that it has hired well-regarded audio engineer Darren Myers to its team. An expansion of the company’s engineering group, it struck me immediately that with this announcement new owner David Sheriff was already delivering on his promise to expand the company’s product design and engineering team.

See more on Darren Myers now at Parasound

[Read more…] about Parasound’s New Owner Delivers on Promise to Expand Engineering, Hires Darren Myers

Filed Under: News, People Tagged With: Bill Leebens, Darren Myers, David Sheriff, Larry Bennett, Parasound, PS Audio

Masimo Hails ‘Momentous Year’ in Fiscal ’22 with Revenue Gains From Sound United Acquisition

March 2, 2023 by Ted 2 Comments

Image from Masimo quarterly earnings presentation

But Was It Truly a Momentous Year?

On Tuesday, Masimo Corporation (Masimo) (NASDAQ: MASI) announced the results for its fiscal 2022 fourth quarter and full-year periods. Calling 2022 a “momentous year” for the company, management noted strong revenue growth – mostly from its acquisition of Sound United – as well as several adjusted figures exceeding forecast.

Learn more about Masimo’s results and see what they said about Denon and Marantz performance…

[Read more…] about Masimo Hails ‘Momentous Year’ in Fiscal ’22 with Revenue Gains From Sound United Acquisition

Filed Under: Financial, Management Tagged With: earnings, Masimo, Sound United

RoseWater Energy Joins in Local Energy Day Dealer Presentations

February 23, 2023 by Ted Leave a Comment

RoseWater Energy founders
The founders of RoseWater Energy Group – Joe Piccirilli, Mario Bottero, and Marco Lorenti

RoseWater Energy Group said today that it is participating in multiple Energy Day education seminars being held by local sales representatives around the country. These events are being held in February and March and provide dealers with an informative half-day education session on the importance of power as the foundation for any home automation or smart home solution.

See more on these RoseWater energy seminars…

[Read more…] about RoseWater Energy Joins in Local Energy Day Dealer Presentations

Filed Under: Education, Integrators, Manufacturers, News, Products, Sales Reps, Shows & Events, Training Tagged With: energy management, Joe Piccirilli, Marco Lorenti, Mario Bottero, Rosewater Energy Group

Once Again Moody’s Downgrades the Credit of AVDG Parent Guitar Center

February 23, 2023 by Ted 1 Comment

Photo of Guitar Center store in Manhattan. Guitar Center owns AVDG
Guitar Center in Manhattan

Moody’s Investors Service (Moody’s) announced recently that it has once again downgraded the overall credit rating of Guitar Center Inc. – the owner of custom integrator Audio Visual Design Group (AVDG). The agency has dropped its creditworthiness from B2 to B3. Not only that, Moody’s notes that it has additionally downgraded the company’s rating on a specific item – its senior secured note – to Caa1 from B3. The outlook for the near term is said to be “stable.”

This is yet a new chapter in a long-troubled private equity-owned company swimming in debt and trying to grow itself out of trouble.

See more on Moody’s analysis of Guitar Center/AVDG…

[Read more…] about Once Again Moody’s Downgrades the Credit of AVDG Parent Guitar Center

Filed Under: Dealers, Financial, Integrators Tagged With: Audio Visual Design Group, AVDG, Guitar Center, Moody's Investors Services

Jeff Coombs, Founder of James Loudspeaker & Ambisonic Systems, Has Died

February 22, 2023 by Ted 1 Comment

Photo of Jeff Coombs

Origin Acoustics announced this week that Jeff Coombs, founder of respected brands James Loudspeaker (now owned by Sonance) and Ambisonic Systems (now owned by Origin Acoustics) died on Monday, February 20, 2023. Coombs, age 69, passed away from cancer surrounded by his loving family.

Learn more about Jeff Coombs’ passing

[Read more…] about Jeff Coombs, Founder of James Loudspeaker & Ambisonic Systems, Has Died

Filed Under: News, People Tagged With: Ambisonic Systems, James Loudspeaker, Jeff Coombs

UEI – This May be the Canary in the Coal Mine We Need to Pay Attention To

February 22, 2023 by Ted Leave a Comment

A slide from a UEI investor presentation

Universal Electronics, Inc. (UEI), (NASDAQ: UEIC) released the results of their fiscal 2022 fourth quarter (Q4) and full year (FY) at the end of last week and their mixed performance was not well received by investors skittish over the economic outlook for 2023. Although gross margins improved slightly for the fourth quarter, for the full year gross margins declined, revenues were down, operating income declined, and the company saw its net income dramatically lowered.

UEI is one of the companies I watch as it can give a sense of the changing economic outlook for the overall consumer electronics market. And that fact makes this latest report a little troubling.

Learn more about UEI’s results for fiscal 2022…

[Read more…] about UEI – This May be the Canary in the Coal Mine We Need to Pay Attention To

Filed Under: Financial, Industry Trends Tagged With: Paul Arling, UEI, Universal Electronics Inc

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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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