While there were many horrible ramifications of the COVID-19 pandemic that sickened and killed many Americans and people around the world, one interesting byproduct has been a renewed look at our world of work and how it can be changed and/or improved. News organizations around the world are just now talking about the results of a recently concluded study in Iceland that may change our world of work forever.
Management
LG Hits All-New Record in Preliminary Fiscal 2021 2nd Quarter Results
LG Electronics Inc (LG) released preliminary results for their fiscal 2021 second quarter, and they were an eye-opener. In fact, even in the wake of their surprising decision to exit the smartphone business, the company says they booked an all-new record in the quarter.
See the LG 2nd quarter results…
[Read more…] about LG Hits All-New Record in Preliminary Fiscal 2021 2nd Quarter ResultsVoxx Announces Final Deal to Acquire Onkyo, with a Twist
Voxx International has announced that they have finalized their agreement to partner with Sharp Corporation to acquire the Home Entertainment Division of Onkyo – news that Strata-gee readers knew about last week. The news comes as a result of Onkyo shareholders voting last Friday to approve the sale of the company to Voxx’s subsidiary known as the Premium Audio Company. Not much was new here on the Onkyo front, as we already told you about the deal only covering the Onkyo and Integra brands. However, we did learn some more interesting details on the company’s attempts relative to the Pioneer and Pioneer Elite brands.
See what’s happening with Voxx, Onkyo & Pioneer
[Read more…] about Voxx Announces Final Deal to Acquire Onkyo, with a TwistSnapAV and Control4 are Rebranded as Snap One
SnapAV Execs Hindman & Vaughn Explain the Rationale Behind the Change to Strata-gee
Recently, in a special Zoom presentation for Strata-gee by SnapAV executives Jeff Hindman (Chief Revenue Officer) and Kordon Vaughn (VP Marketing), I was about to learn about the company’s new brand strategy going forward. Ever since SnapAV acquired their largest division, Control4, there has been much speculation about how to address the market with two strong, well-known brands. I joked, “So what’s it going to be…ControlAV or Snap4?
It turns out I wasn’t that far off, as the executives shared with me that they would be rebranding the organization as Snap One.
Learn more about how SnapAV became Snap One…
[Read more…] about SnapAV and Control4 are Rebranded as Snap OneEnd of an Era: Onkyo Shareholders Vote to Sell Off Home Entertainment Division
BREAKING NEWS
In a rather terse announcement to investors posted today, Onkyo Home Entertainment Company, Ltd. announced that, by a majority vote of company shareholders, the sale of the company’s Home Entertainment Division to Voxx International has been approved. This vote of approval was widely anticipated and represents the last formality in the transfer of the company over to Voxx. This is the first time since 1945 that Onkyo’s parent company is no longer involved in the home entertainment business.
See more on this end of an Onkyo era
[Read more…] about End of an Era: Onkyo Shareholders Vote to Sell Off Home Entertainment DivisionLeaders Heed This Warning: Employees Feel Empowered and Are Quitting
Did you hear this statistic? Just this past April, a total of 4 million Americans quit their jobs, according to data recently released by the US Labor Department and reported on by the New York Times. Think about that for a moment. That April figure was the largest number of workers quitting their jobs in any one month…ever. Why? Ah…that’s a good question. I’m glad you asked…
See why workers are quitting their jobs in droves…
[Read more…] about Leaders Heed This Warning: Employees Feel Empowered and Are QuittingCongress Prepares to Regulate Big Tech, Yet They Top ‘Most Trusted Brands’ Poll
>Learn How to Improve Consumers’ Trust in Your Brand
Many political observers have declared the end of bi-partisanship, as the political right and left seem further apart than ever before in the history of the country. Yet there is one area where both parties agree, it is time to rein in the big tech players. Ironically, in a new poll of the 15 most trusted brands in the world, we find a lot of tech represented – including some of the Big Tech players. Is Congress out of step with the American people? And how important is “trust” to a company or brand anyway?
See the most trusted brands & how to improve yours…
[Read more…] about Congress Prepares to Regulate Big Tech, Yet They Top ‘Most Trusted Brands’ PollVOXX Finally Speaks: We Have an Agreement to Purchase Only Onkyo
Well after much coverage on the VOXX/Onkyo deal by Strata-gee, in which VOXX remained strangely silent, the company finally issued a press release today in which they acknowledged that they had signed an asset purchase agreement (APA) with Onkyo for $30.8 million. The deal remains subject to approval by Onkyo shareholders in a vote scheduled to take place on June 25, 2021.
This news was likely not a surprise to Strata-gee readers. But what was a surprise is that this purchase does NOT include the Pioneer and Pioneer Elite brands.
See more on the latest news out of VOXX about Onkyo
[Read more…] about VOXX Finally Speaks: We Have an Agreement to Purchase Only OnkyoSnapAV Says Latest Control4 OS 3.2.2 Update Offers Full Support of OvrC
SnapAV announced today (Tuesday) that its latest rendition of its automation brand Control4’s OS 3 operating software – OS 3.2.2 – finally introduces full support of the company’s popular OvrC remote management platform. No doubt part of their ongoing integration strategy since they first acquired Control4, this news is sure to make life just a little easier for their Control4 dealers who support OvrC.
See more on Control4’s OS 3.2.2 & OvrC
[Read more…] about SnapAV Says Latest Control4 OS 3.2.2 Update Offers Full Support of OvrCOnkyo Directors Vote to Authorize the Sale of the Company in $30.3M Deal
On Wednesday, at a specially convened meeting of the Board of Directors for Onkyo Home Entertainment Co. Ltd. (Onkyo), company directors formally voted to authorize the transfer of Onkyo’s home AV division to the partnership of VOXX, Intl. and Sharp Corporation, in a deal valued at $30.3 million. The transaction is pending shareholder approval. This development represents real progress on a deal that had appeared to be bogged down recently.