NAD Electronics announced today that purchasers of select NAD audio/video receivers (AVRs) and preamp/processors (Pre/Pros) will receive a certificate for a free 4K upgrade module expected to be delivered later this year. The company says this is a $600 value and will ensure that customers can buy these products now with confidence that they won’t be left out of the latest technology revolution, 4K Ultra HD performance.
Brands
SpringDeck Adds More Rep Firms to National Salesforce
SpringDeck, LLC announced today that it has expanded its national sales force with the addition of five more sales representative firms. The company had previously announced last month their first representative appointment of Aim High Audio.
See more on SpringDeck moving rapidly to set up their national sales network… [Read more…] about SpringDeck Adds More Rep Firms to National Salesforce
After Fighting Idea for Years, Sony is Ready to Dump TV, A/V, & Smartphone Businesses
In a revealing presentation with the press yesterday in Japan, embattled Sony CEO Kazuo Hirai told the media that the company is finally ready to consider alternatives for its TV, A/V, and smartphone businesses, including exiting them. This is a stunning turnaround in strategy, not just for the inventor of the Trinitron picture tube, but for Hirai himself who had previously identified their TV and smartphone businesses as a core categories when he first took over as CEO in 2012.
See more on Sony’s strategy to turn around their business…which has many skeptics… [Read more…] about After Fighting Idea for Years, Sony is Ready to Dump TV, A/V, & Smartphone Businesses
D&M Fires Back – Asks Judge to Throw Out Sonos Lawsuit
BREAKING NEWS
D&M Holdings fired back at Sonos this week, filing papers with the United States District Court asking the judge to dismiss the lawsuit launched against them by Sonos last October alleging patent infringement. Saying that Sonos’ complaints, both the original and a later-amended one, “fail to meet the pleading requirements” established by the U.S. Supreme Court, as well as the U.S. District Court.
Likely not the response that Sonos was hoping for, D&M has bounced the case back to the judge for an immediate ruling.
D&M’s response included some interesting details… [Read more…] about D&M Fires Back – Asks Judge to Throw Out Sonos Lawsuit
S. Korea Stakes Claim as World’s #1 TV Supplier
New market data confirms what you probably already suspected, South Korea is the #1 supplier of TV products to the world. Home to both Samsung Electronics and LG Electronics, S. Korean media is calling itself the ‘Country of TV.’
See some surprising new global TV market data… [Read more…] about S. Korea Stakes Claim as World’s #1 TV Supplier
Local TV Crew Tracks Mysterious Van; Traces It to Apple
A San Francisco TV station KPIX news crew inadvertently ran across a mysterious blue minivanĀ with an odd assortment of cameras and technology affixed to the top. The purpose of this van was not obvious…nor was the owner, as it was completely unmarked. But the intrepid KPIX reporters traced the van and discovered it was leased to…Apple.
What was Apple up to with this van?… [Read more…] about Local TV Crew Tracks Mysterious Van; Traces It to Apple
Core Brands Promotes Maldoon to Director of Sales, Security Channel
Core Brands announced today that it has promoted Loren Maldoon to Director of Sales, Security Channel. An internal advancement, previous to this promotion, Maldoon had been National Sales Manager for Core Brands’ Proficient Audio brand.
See more on this announcement… [Read more…] about Core Brands Promotes Maldoon to Director of Sales, Security Channel
SOL Republic Signs Promotion Deal with Pro Golfer Tiger Woods
SOL Republic announced today that it has signed PGA pro golfer Tiger Woods to promote its brand of headphones and speakers. One of the most successful pro golfers of all time, Woods is an 11-time PGA Tour Player of the Year and has won 14 major golfing events.
See more about this endorsement deal… [Read more…] about SOL Republic Signs Promotion Deal with Pro Golfer Tiger Woods
Nortek Acquires Anthro Corporation
BREAKING NEWS
Nortek, Inc. announced today that it has acquired Anthro Corporation through its Ergotron division. Anthro makes and designs a range of technology furniture. Nortek said that it financed the purchase using cash on hand and its existing asset-based lending facility.
See more on this acquisition… [Read more…] about Nortek Acquires Anthro Corporation
SpringDeck Appoints Aim High Audio; Launches Innovative ‘Test’ Program
Spring Deck, LLC (SpringDeck) made two significant announcements this week – one sales-oriented, and the other service-oriented. First, the company announced plans to begin hiring sales representative companies around the United States to sell its unique sales presentation software and app to custom integrators. Second, the company announced a new “pilot” or test program, offering an affordable way to access their large database of vendor marketing materials.