
LG Relents, Will Reduce Height of New HQ to Preserve Historic Palisades

Strategy in TECH...
by Ted 9 Comments
Tidal Music Service has, for the second time in only a matter of months, dismissed its CEO. According to a report in the Wall Street Journal, Tidal has dismissed interim chief executive Peter Tonstad who held the position for only about three months. In a statement, they thanked Tonstad for his service.
Tampa, Fl-based DOW Electronics announced on Tuesday that it will distribute the entire Sony ES line of products, effective immediately. The latest addition to their line-up, DOW says Sony offers a line to dealers that is “protected from online shopping” and has “controlled distribution.”
by Ted 2 Comments
On Controls, the cloud-based home automation solutions for integrators, announced today that it has named Jeffrey Skalny to Director of Control. In this role, Skalny will report to the company’s CEO directly and will be based out of On Controls Detroit, MI headquarters location.
Just days after Apple, Inc. announced its plans to attempt to reassert its leading role in the music distribution and streaming businesses, we learn from the New York Times that two powerful state attorneys general in New York and Connecticut have launched an investigation into Apple’s music licensing practices. The purpose of the investigation is to determine if Apple has broken any antitrust laws in cutting deals that allegedly restrict music industry providers from offering their content on a free basis with other services.
An independent commercial finance company, Siena Lending Group, announced last week that it has worked with North Mill Capital to close on a three-year asset-based revolving credit facility in the amount of $25 million with D&M Holdings, Inc. and D&M Canada, Inc. Siena says that the funds will support D&M’s growth and their “seasonal working capital requirements.” It will also, apparently, help Denon grow their HEOS line. Why do we say that? Read on…
by Ted 4 Comments
As many regular readers know, Strata-gee has been closely following the litigation between Monster, LLC and Beats Electronics, LLC. Although the matter is really just getting started, it appears to be getting really ugly, really quickly. Now we have learned that Apple, Inc. has taken several actions that, according to Monster CEO Noel Lee (who is known as the Head Monster), are pure retaliation over this lawsuit – even though Monster did not sue Apple.
We learn this month that Tivoli Audio LLC’s epic saga continues, as the previous private equity company owner Summit Associates hires another private equity company Levy Capital Partners to sell it to a third private equity company Serruya Private Equity. (Notice a theme here?) Serruya says it has acquired Tivoli Audio to “serve as its flagship consumer electronics brand.” Or, in other words, as its only consumer electronics brand in a sea of yogurt flavored packaged goods brands.
HiFiMan, an independent manufacturer of high-end headphones, portable music players, and associated accessories, announced on Wednesday a new top-of-the-line, full-sized headphone – the HE1000. Featuring the company’s preferred planar magnetic technology and a breakthrough diaphragm design, these headphones are for serious music listening, or as the company puts it, “intended for reference use in home or studio.”
A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.