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Owner of CEDIA Expo & CE Pro, Emerald Books Revenue Drop of $20M & a Record $50 Million Net Loss I hardly know where to begin, there’s so much to unpack here from a 20-page quarterly report and a 210-page … Continue reading
Category Archives: Management
By now, most integrators have heard the siren call that they should launch a recurring monthly revenue program (RMR) to add profits and deepen their relationships with their clients. But to many of them, this is an idea that is … Continue reading
Melrose Industries plc, the British turnaround specialist who acquires underperforming companies to improve their operations and management for resale, is now actively considering selling off the bulk of Nortek in a deal that could be worth $3 billion, according to … Continue reading
A Bose mall location [Photo: Julia Banks, Boston Business Journal] Bose Corp. announced earlier today that it will close a total of 119 Bose retail stores as a response to changing retail purchasing trends. The locations to be closed represents … Continue reading
Buyer/seller negotiations on the CES floor are getting pretty tough! Image is from the WWE, a new exhibitor at CES this year For many, many years the Consumer Electronics Show (CES) – an exposition hosted by the Consumer Technology Association … Continue reading
Universal Remote Control, Inc. (URC) has had a round of layoffs heading into the holidays. Taking place last week, the remote control giant has made cuts to its team that represent approximately 6% of their total workforce. Learn more about … Continue reading
Company Says Declining CEDIA Expo Revenues is Partly to Blame If you saw my recent article on the Emerald Expositions’ leadership turmoil (See: More Leadership Turmoil Hits Emerald Expositions), in addition to covering the fact that their new CEO (just … Continue reading
Rumors abound for the last few days and now we learn it’s true, Frank Sterns, former Vice President of AV Specialty/Custom Integration for Sony, has left that position to join Sound United as Senior Vice President of Commercial Operations – … Continue reading
CEO to Exit by Year End; COO Steps into Interim Role While Search Begins Emerald Expositions Events, Inc. (Emerald) (NYSE:EEX), parent company to the CEDIA Expo show and industry trade magazines CE Pro & Commercial Integrator, announced this week that … Continue reading
In a letter to the media early Tuesday evening, Richard Stoerger announced the likely impending closure of Audio Design Associates (ADA), a company that was a founding member of CEDIA and a significant driving force in the early days of … Continue reading