Gibson CEO Turns to PR to Stop Crashing Reputation

Company Rehires CFO With Debt Deadline Fast Approaching As the music world media continues to trumpet the news of the potential impending collapse of Gibson Brands, noting large outstanding debts and the exit of the company’s CFO, Gibson CEO Henry … Continue reading

Gibson Makes Coupon Payment; CFO is Out

Debt Holders Increasingly Anticipate Bankruptcy Filing Gibson Brands announced at the end of last week that it had successfully completed a $16.6 million coupon payment to holders of its $375 million 8.875% senior secured notes due 2018. This news, a … Continue reading

Old Pro Bryston Partners with Rookie StormAudio

In sort of a cross-technology sharing agreement, Bryston says it has partnered with relative newcomer StormAudio to create new products that will embody shared technologies from the two premium companies. According to the announcement, the agreement will enable “both companies … Continue reading

Monster Throws a ‘Hail Mary,’ Pays Millions for Super Bowl Ad

Monster, Inc. (formerly Monster Cable) announced this week that it is launching its first ever television ad during the NBC broadcast of Super Bowl LII this Sunday, February 4. Usually the biggest TV event of the year, Super Bowl commands … Continue reading

Thiel is Toast, Specialty Audio Takes Another Hit

After a tumultuous five-year period, which began in 2012 when Thiel was sold to Tennessee private investor David B. Griffin, we can now confirm that Thiel Audio has been closed for good. Failing some kind of 11th hour rescue, another … Continue reading

Classé Rises Again as Part of Sound United

Sound United announced yesterday it had completed the acquisition of shuttered high-end brand Classé Audio from former owner Bowers & Wilkins. Terms of the deal were not disclosed. The announcement confirms the deal of which Strata-gee reported last month when Sound … Continue reading

Control4 Acquires Ihiji Validating Importance of Remote Management

BREAKING NEWS Control4 announced today that it has acquired remote system monitoring and management pioneer Ihiji of Austin, TX. The terms of the transaction were not disclosed. The deal sends a strong signal of the growing importance of remote installation … Continue reading

Sonos to Seek Injunction to Stop HEOS Sales of ‘Infringing Technology’

BREAKING NEWS Case May Have Major Impact on Wireless Speaker Business As we recently reported, a federal jury gave Sonos a sweeping victory in the first “bellwether trial” in Sonos Inc. v. D&M Holdings Inc. et al, siding with Sonos … Continue reading