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Ted

Facing COVID-19 Fears: Eight Out of Ten Americans Fear a Second Wave

June 18, 2020 by Ted 2 Comments

Axios logo

A new survey from Ipsos/Axios had lots of interesting details about how Americans are feeling at this unique juncture in time, as states begin to reopen their economy, with a commensurate rise in cases of coronavirus. As many readers may know, this is an area…consumer sentiment…that I try to keep tabs on, as 70% of the U.S. economy is based on consumer sentiment.

And one piece of this research jumped off the page and grabbed me by my throat – 8 out of every 10 Americans worry about a second wave of the coronavirus (COVID-19).

See how consumers feel about COVID-19 now

[Read more…] about Facing COVID-19 Fears: Eight Out of Ten Americans Fear a Second Wave

Filed Under: Consumer Trends, News, Research, Statistics Tagged With: consumer, consumer sentiment, consumer survey, Coronavirus, COVID-19

B&W Exec James Krakowski Tells Strata-gee, Ignore the ‘Noise,’ It’s All Good

June 18, 2020 by Ted Leave a Comment

B&W Executive VP James Krakowski

Just last Friday, the big news hit that Sound United had signed a letter of intent (LoI) to acquire respected audio specialty brand Bowers & Wilkins. Strata-gee was one of the first to break the news and from the moment I hit “publish,” Strata-gee web traffic stats made it clear that you all viewed this as big news as well.

That first announcement came from the Sound United camp – and it was pretty terse. As luck would have it, for the last couple of weeks before that news hit, I had already been pursuing an interview with James Krakowski, Bowers & Wilkins’ Executive Vice President, Americas, to follow up on a previous story. Although we had been struggling to find a time to connect, when this news hit, he graciously agreed to make himself immediately available for an interview.

Learn more about what’s going on with B&W now…

[Read more…] about B&W Exec James Krakowski Tells Strata-gee, Ignore the ‘Noise,’ It’s All Good

Filed Under: Financial, Management, Manufacturers, Strategy Tagged With: B&W, Bowers & Wilkins, Bowers and Wilkins, James Krakowski, Sound United

In Unusual Saturday Statement, B&W Says, In Effect, We’ll Speak for Ourselves, Thank You

June 13, 2020 by Ted 6 Comments

Just ‘Early Stage Talks’ to ‘Explore Opportunities;’ No Mention of Agreement

B&W logo

Late in the day yesterday (Friday), Strata-gee told you about an announcement from top multi-brand audio provider Sound United, saying they had reached a preliminary agreement to acquire Bowers & Wilkins (B&W), a leading high-performance, high end audio loudspeaker brand. It was big news that represented another step in a long saga of B&W looking for a new home, after a previous deal with EVA Automation and its CEO Gideon Yu fell completely apart.

Now as I write this today, B&W has released a rare Saturday morning press statement that gives the same news – but from the B&W side of the deal…a statement that seems shaded differently than the Sound United characterization.

Read more on B&W take on the situation with Sound United…

[Read more…] about In Unusual Saturday Statement, B&W Says, In Effect, We’ll Speak for Ourselves, Thank You

Filed Under: Brands, Financial, Management, Manufacturers, News, Strategy Tagged With: B&W, Bowers & Wilkins, Bowers and Wilkins, Sound United

Bowers & Wilkins in Preliminary Agreement to Be Acquired By Sound United

June 12, 2020 by Ted 4 Comments

Sound United logo

In yet another twist in the long and winding saga of Bowers & Wilkins (B&W), it was announced late Friday that the company has entered into an agreement to be acquired by Sound United, the parent company of several audio brands such as Denon, Marantz, Polk Audio, Definitive Technology, HEOS, Classé, and Boston Acoustics.

See more on Sound United acquiring Bowers & Wilkins…

[Read more…] about Bowers & Wilkins in Preliminary Agreement to Be Acquired By Sound United

Filed Under: Brands, Financial, Manufacturers, News, Strategy Tagged With: acquisition, B&W, Boston Acoustics, Bowers & Wilkins, Bowers and Wilkins, classé, Classe, Definitive Technology, Denon, Marantz, Polk Audio, Sound United

PS Audio, Direct Marketer of Electronics, Launches a Record Company

June 11, 2020 by Ted 1 Comment

Octave Records logo

Boulder, CO-based PS Audio, a direct-to-consumer (D2C) marketer of higher end audio electronics products, announced this week that they are launching a record company called Octave Records. The company says Octave “is dedicated to preseving the art of high-fidelity recordings and compensating musicians fairly.”

Learn more about PS Audio & Octave Records…

[Read more…] about PS Audio, Direct Marketer of Electronics, Launches a Record Company

Filed Under: News, Specialty Tagged With: Don Grusin, Gus Skinas, Octave Records, Paul McGowan, PS Audio

Sugar Daddy Onex Throws Emerald Expositions a Lifeline

June 11, 2020 by Ted Leave a Comment

Onex logo, majority owner of Emerald

COVID-19, the massive pandemic that changed everything this year, probably infected your business and perhaps made it ill in a way that will take time to recover. But for Emerald Expositions, the national expositions company that owns the CEDIA Expo show and CE Pro – COVID-19 almost killed them.

Now Emerald’s sugar daddy, Onex Corporation, is ready to throw them a lifeline…a $400 million lifeline to be exact.

Learn more about Emerald’s lifeline…

[Read more…] about Sugar Daddy Onex Throws Emerald Expositions a Lifeline

Filed Under: Financial Tagged With: Emerald, Emerald Expositions, Emerald Expositions Events, Emerald Expositions. Onex, Emerald Holding Inc., Onex, Onex Corporation

A New Epidemic Sweeps Across America…Recession

June 10, 2020 by Ted Leave a Comment

economic downturn recession

I would hope that by now long time Strata-gee readers had already anticipated this day, and now it’s official that this day has come – the U.S. economy is in a recession. It really shouldn’t surprise anyone. However, I know that there are some I’ve spoken with who were expecting a “rubber ball” rebound where – almost magically – everything, including business levels, would bounce back to normal quickly. This seemed to be based more on wishful thinking, or just general optimism, rather than anything factually based.

I suspect some of those folks might be a little surprised to learn that the economy is sliding into recession.

Learn more about our 2020 recession…

[Read more…] about A New Epidemic Sweeps Across America…Recession

Filed Under: Economic Trends Tagged With: Federal Reserve Board, Jerome Powell, recession

Industry Brands Take a Public Stance on Systemic Racism & Injustice

June 4, 2020 by Ted 1 Comment

YouTube social media post on social injustice and racism

It seemed as if 2020 was destined to represent a year of hardship, illness, and death in the wake of a still simmering COVID-19 pandemic – not to mention its impact on the economy. Then, a white police officer in Minnesota was filmed with his knee on the neck of George Floyd, an unarmed black man, who died. That officer, along with three others present, was charged with murder. And a fuse was lit that erupted into street protests which were largely peaceful with some acts of violence in cities around the country.

This scenario – white police officer killing an unarmed black man – is an all-too familiar one here in the United States…but this time, people took to the streets both here and around the world. And a growing list of powerful brands, including a few in our industry, are stepping forward to take a stance on the issue.

See which brands are taking on racism…

[Read more…] about Industry Brands Take a Public Stance on Systemic Racism & Injustice

Filed Under: Brands, Crime, News, Strategy Tagged With: George Floyd, injustice, racism, systemic racism

New Research Shows Home Control System Adoption Jumps 38% in Just One Year

June 4, 2020 by Ted Leave a Comment

Wow, surprising numbers from a new research report from Parks Associates shows that control system adoption jumped a full 38% in 2019 as compared to 2018. That’s a really big jump in a really short period of time.

See more from this latest Parks Associates research…

[Read more…] about New Research Shows Home Control System Adoption Jumps 38% in Just One Year

Filed Under: Consumer Trends, Industry Trends, News, Research, Statistics, Tech Trends Tagged With: consumer purchase intent, home automation, home security, Parks Associates, security systems, smart home

Chord Electronics Names The Sound Organization as North American Distributor

June 3, 2020 by Ted Leave a Comment

Stack of Chord Electronics gear now distributed by The Sound Organization

U.K. based high-end electronics manufacturer Chord Electronics has selected The Sound Organization, of Arlington, TX, as its importer and distributor for the North American market. The move follows the termination of their previous distributor, Bluebird Music who is said to have represented the line for 20-years.

More on the selection of The Sound Organization by Chord Electronics…

[Read more…] about Chord Electronics Names The Sound Organization as North American Distributor

Filed Under: Brands, Distributors, Manufacturers, Marketing, Sales Tagged With: Chord Electronics, Stephen Daniels, The Sales Organization

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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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