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Sonance Residential Biz In Canada to Go From Distributor to Company Direct

November 2, 2022 by Ted Leave a Comment

Sonance booth at CEDIA Expo 2022

Sonance announced this week that it is transitioning its residential business in Canada to a direct model, ending its distributor-led approach that has existed there for several years. Beginning on January 1, 2023, all sales and service of residential products from Sonance, James Loudspeaker, and IPORT will be handled directly by Sonance’s salesforce.

Learn more about this change by Sonance in Canada

[Read more…] about Sonance Residential Biz In Canada to Go From Distributor to Company Direct

Filed Under: Brands, Distributors, Integrators, Manufacturers, News, Residential, Sales, Strategy Tagged With: Canada, iPort, James Loudspeaker, Sonance

VOXX Intl, Owner of Onkyo & Others, Reports Fiscal ’23 Q2 Sales Decline, $11M Net Loss

October 13, 2022 by Ted Leave a Comment

VOXX International Corporation (NASDAQ: VOXX) announced its financial results for the second quarter of fiscal 2023 this week and they were quite sobering. Not only did revenues decline by double digits, but the company had a dramatic increase in net loss to nearly $11 million.

What went wrong?

See more on VOXX Intl’s fiscal Q2/2023 results

[Read more…] about VOXX Intl, Owner of Onkyo & Others, Reports Fiscal ’23 Q2 Sales Decline, $11M Net Loss

Filed Under: Brands, Financial, Management, Manufacturers, News Tagged With: Integra, Onkyo, Premium Audio Company, Voxx International

Select Tech Stories from CEDIA Expo 2022

October 6, 2022 by Ted 5 Comments

floor traffic at CEDIA Expo 2022

This post will present some of the top tech stories from CEDIA Expo 2022. You know, covering a trade show like Expo has always been a particular challenge for me. As someone who is always looking for a good story, going to a trade show with hundreds of exhibits is a bit like trying to take a sip of water from a fire hose. Nonetheless, I was able to discover several stories I found particularly interesting and I hope you’ll like them too.

Read on for my select tech stories from CEDIA Expo 2022

[Read more…] about Select Tech Stories from CEDIA Expo 2022

Filed Under: Brands, Integrators, Manufacturers, News, Products, Shows & Events Tagged With: AudioControl, Crestron, Draper, Hunter Douglas, Legrand, Lenbrook, Netgear, Savant, Snap One, Sonance, Sonos, Sound United

Layoffs Hit Premium Audio Company as It Right-Sizes Ops; To Skip CEDIA Expo

September 22, 2022 by Ted 1 Comment

Onkyo receiver, part of Premium Audio Company

BREAKING NEWS

Premium Audio Company, a division of VOXX International and operator of brands such as Onkyo, Integra, Pioneer, and Elite, confirmed today that it has instituted a round of layoffs to “right-size” company operations based on current macroeconomic trends. The company has also confirmed that it has decided, for the second year in a row, not to participate in next week’s CEDIA Expo 2022, due to product roadmap cycles.

See more on these Premium Audio Company decisions

[Read more…] about Layoffs Hit Premium Audio Company as It Right-Sizes Ops; To Skip CEDIA Expo

Filed Under: Brands, Management, Manufacturers, News, Strategy Tagged With: Elite, Integra, Jill Escol, Onkyo, Pioneer, Premium Audio Company, Voxx International

VOXX Int’l Launches E-Commerce Platform Selling Premium Audio Co. Brands

September 22, 2022 by Ted Leave a Comment

Voxx Int'l home page

VOXX International Corporation (VOXX), owner of Premium Audio Company (PAC) and many other brands, announced this week that it has launched a new e-commerce platform. This new platform is initially being rolled out at Premium Audio Company – the division that operates brands such as Klipsch, Jamo, Onkyo, Integra, Pioneer, Elite, Magnat, and Heco.

Learn more on Voxx’s top brands being sold through e-commerce

[Read more…] about VOXX Int’l Launches E-Commerce Platform Selling Premium Audio Co. Brands

Filed Under: Brands, Integrators, Management, Manufacturers, Marketing, Strategy Tagged With: Jill Escol, Klipsch, Pat Lavelle, Premium Audio Company, Voxx International

Masimo Names Blair Tripodi as Replacement for Former Sound United CEO Kevin Duffy

September 20, 2022 by Ted Leave a Comment

New Masimo W1 smart watch

Tripodi to Head New Masimo Consumer Division

Masimo, a medical products company that acquired Sound United in February 2022, announced on Monday that it is naming Blair Tripodi as Chief Operating Officer (COO) for its new Consumer division. At this time, the Masimo Consumer division consists almost exclusively of the Sound United business. Tripodi moves into the role originally given to former Sound United CEO Kevin Duffy, although Duffy was offered the title of President.

See more on Tripodi’s ascension to COO of Masimo Consumer division

[Read more…] about Masimo Names Blair Tripodi as Replacement for Former Sound United CEO Kevin Duffy

Filed Under: Brands, Management, Manufacturers, People, Strategy Tagged With: Blair Tripodi, Joe Kiani, Masimo, smart watches, Sound United, Viper Holdings

Acoustic Energy Loudspeakers Names Fidelity Imports as U.S. Business Partner

September 7, 2022 by Ted Leave a Comment

Acoustic Energy website with Fidelity Imports logo

London-based Acoustic Energy Loudspeakers Ltd., announced today it has appointed growing high-end specialty distributor Fidelity Imports as its “exclusive new business partner for the US market.” Fidelity will take over full responsibility for sales and support of its line throughout the U.S.

See more on Acoustic Energy’s appointment of Fidelity Imports

[Read more…] about Acoustic Energy Loudspeakers Names Fidelity Imports as U.S. Business Partner

Filed Under: Brands, Dealers, Distributors, News, Products, Specialty Tagged With: Acoustic Energy

Big Changes Hit Sound United as Terminated President Duffy Exits Today

August 5, 2022 by Ted 3 Comments

Kevin Duffy, head of Sound United terminated by Masimo
Kevin Duffy

Sound United VP James Krakowski Announces Departure As Well

On April 11, 2022, Masimo Corp. appointed Kevin Duffy – then CEO of Sound United – President of the Consumer Division of Masimo Corp. as part of its $1 billion acquisition of Viper Holdings Corp., Sound United’s parent company. Duffy was offered a fairly rich package, with salary and certain other benefits and perks that could be worth millions of dollars, in some cases after a vesting period.

Then, just ninety days later, the company filed paperwork with the SEC saying that it had terminated Duffy “without cause.”

See more on Duffy’s exit from Sound United and Masimo

[Read more…] about Big Changes Hit Sound United as Terminated President Duffy Exits Today

Filed Under: Brands, Management, Manufacturers, News, People, Specialty, Strategy Tagged With: acquisition, James Krakowski, Kevin Duffy, Masimo, Sound United

Russound Partners with Jetbuilt; Also Reveals New Products for CEDIA Expo 2022

August 3, 2022 by Ted Leave a Comment

jetbuilt logo

Russound announced this week that it is partnering with Jetbuilt, a project management software tool that is popular with custom integrators. Separately, the company announced the new products it will be focusing on during the upcoming CEDIA Expo 2022 event.

Learn more on these Russound announcements

[Read more…] about Russound Partners with Jetbuilt; Also Reveals New Products for CEDIA Expo 2022

Filed Under: Brands, Integrators, Manufacturers, News, Products Tagged With: Charlie Porritt, Jetbuilt, landscape speakers, rock speakers, Russound

U.K.-Based Lithe Audio to Enter U.S. with Wireless AiO Speaker Systems

August 3, 2022 by Ted Leave a Comment

Lithe Audio, a London, U.K.-based designer and manufacturer of unique, all-in-one, wireless streaming music solutions announced on Wednesday that it is entering the U.S. market for the first time at CEDIA Expo 2022. The company is experienced in supplying products to European commercial and residential channels since its founding in 2014 and is now expanding its distribution here in America. With a unique line of products, such as all-in-one powered in-ceiling/in-wall, surface mount, and outdoor speaker solutions, the company offers a new approach to system configurations.

See more on Lithe Audio solutions now available in the U.S.

[Read more…] about U.K.-Based Lithe Audio to Enter U.S. with Wireless AiO Speaker Systems

Filed Under: Brands, Integrators, Manufacturers, News, Products, Tech Trends, Technology Tagged With: Dolby, Dolby Atmos, Lithe Audio, wireless, wireless music systems, wireless speakers, WiSA

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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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