We first met the Rosewater Energy Group at the 2012 CEDIA Expo – a coming out party for the new company that makes a residential energy storage hub with batteries to store your energy from either the power company or renewable sources (i.e. solar or wind) and a capacity large enough to power your whole home with processed and purified 115 volt sine-wave power. Founded by well-known industry personality Joe Piccirilli, Rosewater is on the leading edge of a new concept in energy delivery, storage, and usage.
Brands
Panasonic Pulls the Plug on Plasma
BREAKING NEWS
Multiple news outlets including Reuters, Bloomberg, and the Nikkei reported today that sources at Panasonic are saying the company will exit the plasma TV business by the end of this fiscal year, which ends in March 2014. The news, while not totally surprising, means that there will be no plants anywhere in Japan producing plasma sets, and is likely the beginning of the end for the technology as LCD continues to take a greater share of even larger screen sizes.
See more on this surprising news out of Osaka, Japan… [Read more…] about Panasonic Pulls the Plug on Plasma
Azione Notifies Market that VIA International Resigns from All Buying Groups – VIA & HTSA Respond
The new retail buying group Azione Unlimited announced today that VIA International – a new mega-integrator made up of six separate integration companies merged into one – has resigned from all buying groups, effective October 1st. The announcement caught our eye as it was only tangentially about Azione (who lost two members as a result), yet offered assertions about VIA’s actions with no apparent participation from anyone at VIA.
VIA…and HTSA…react to Azione’s press release… [Read more…] about Azione Notifies Market that VIA International Resigns from All Buying Groups – VIA & HTSA Respond
GoldenEar Launches New Larger SoundBar and ‘SuperCenters’
GoldenEar, the now 3-year old brainchild of speaker savant Sandy Gross, continues an aggressive product launch schedule announcing both a new larger soundbar and a line of center channel speakers with the rather shopping mall-sounding name of SuperCenters. Like all GoldenEar products, these new models are reserved strictly for GoldenEars’ limited distribution to predominantly specialty dealers and installers.
See more on these interesting new GoldenEar speakers… [Read more…] about GoldenEar Launches New Larger SoundBar and ‘SuperCenters’
Gibson Brands Strikes Again – Seeks to Acquire Cakewalk from Roland
Gibson Brands announced this week that it it has signed a letter of intent with Roland Corp. and Cakewalk, Inc. to acquire Cakewalk Inc., a music software company, for an undisclosed amount. The deal is pursuant to the successful negotiation and execution of a definitive agreement.
And with acquisition, Gibson says it will launch a new brand, Tascam Professional Software to sell the Cakewalk product line. See more on this acquisition below… [Read more…] about Gibson Brands Strikes Again – Seeks to Acquire Cakewalk from Roland
Peachtree Audio to Tap D&M Executive Andrew Clark as President
We learned today that Peachtree Audio will name Andrew Clark as its new President, effective October 1st. Clark, a long time industry executive with experience at company’s large and small, is currently employed at D&M Group as its Global Business Team Leader, Soundbars & Speakers. He will leave his position in one week to take over at Peachtree Audio.
See more on Clark’s transition to Peachtree… [Read more…] about Peachtree Audio to Tap D&M Executive Andrew Clark as President
Ex-Niles Audio President Frank Sterns Appointed VP of Custom Installation at Sony
BREAKING NEWS
We have learned today that former President of Niles Audio, Frank Sterns, is now the Vice President of Custom Installation at Sony Corp. This new appointment, effective this week, marks a significant change for Sterns who has been consulting to a variety of primarily smaller custom integration brands for the last two years.
See more on Sterns appointment at Sony… [Read more…] about Ex-Niles Audio President Frank Sterns Appointed VP of Custom Installation at Sony
Gibson Brands Goes Looking for an Advertising Agency on AMC’s ‘The Pitch’
Gibson Brands (formerly Gibson Guitar) announced today that CEO Henry Juszkiewicz will be featured on an episode in season two of AMC’s reality show “The Pitch.” The show chronicles the steps that rival advertising agencies go through to win new clients.
See more on Gibson’s participation on ‘The Pitch’… [Read more…] about Gibson Brands Goes Looking for an Advertising Agency on AMC’s ‘The Pitch’
Core Brands Hires New Marketing VP to Replace Starkey
In an announcement considered a surprise by most in the industry – Core Brands announced that it has named Joe Roberts as VP of products and marketing. Roberts will replace Paul Starkey, the former President of Core Brands’ Elan division and, most recently, Senior VP of Marketing for the company.
See more on this surprising announcement, including comments from Starkey… [Read more…] about Core Brands Hires New Marketing VP to Replace Starkey
Apple Launches New iPhones, Stock Gets Squashed Like a Bug
Is Apple the Victim of Unreasonable Expectations? Or Is the Reaction to Incrementalism Justified?
Apple, Inc. announced on Tuesday the long-awaited update of its key iPhone 5 smartphone, only to see its stock pummeled – losing more than 2% of its value on Tuesday and another 5.44% on Wednesday as investors appeared under-whelmed by the announcement. But is this reaction fair? Has Apple lost its innovation mojo? Or is Apple the victim of unreasonable expectations?