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Management

Music System Sales Sagging, Sonos Un-Leashes Lawyers to Raise Revenues

June 26, 2019 by Ted Leave a Comment

BREAKING NEWS

Sonos system photo

Strata-gee reported just yesterday that Sonos, Inc. has sued Lenbrook Industries Ltd. & Lenbrook America – the maker & marketer of Bluesound – for patent infringement. Undoubtedly emboldened by their near-complete victory over Denon’s HEOS brand a little over a year ago, Sonos appears to have targeted Lenbrook to be next in line.

However, Strata-gee has learned that Lenbrook is not the only company targeted for such potential actions by Sonos. There are more – perhaps many more – in our industry lined up for this “hit” parade.

See what Strata-gee learned about Sono’s legal strategy…

[Read more…] about Music System Sales Sagging, Sonos Un-Leashes Lawyers to Raise Revenues

Filed Under: Brands, Law, Management, Manufacturers, News, Products, Specialty, Strategy, Tech Trends Tagged With: Bluesound, Lenbrook, Lenbrook America, Lenbrook Industries Limited, licensing, royalty, Sonos, The Lenbrook Group, wireless, wireless music systems, wireless speakers

Angling at Auction for a Deal on Thiel? Heed This Warning

June 5, 2019 by Ted 5 Comments

Thiel speaker at a show

Last week’s Strata-gee story on the final liquidation of what remains of Thiel not only drew a huge number of readers, it also sent a big chunk of them on to the auctioneer’s website (McLemore Auctions). Many of those readers who journeyed to the auction were in search of a great deal on a good line of Thiel speakers. But then, in an unexpected twist, a source reached out to Strata-gee to offer a warning to those in search of a great deal on Thiel.

Know this before bidding in the Thiel auction…

[Read more…] about Angling at Auction for a Deal on Thiel? Heed This Warning

Filed Under: Brands, Financial, Management, Manufacturers, News, Pivot Point, Products Tagged With: acquisition, auction, audiophile, liquidation, private equity, specialty, Thiel

Sound United to Acquire Onkyo’s Audio Division

May 15, 2019 by Ted Leave a Comment

Sound United logo

We seem to be in a week of big deals. First, we learned that SnapAV had acquired Control4, then we learned that the original founder of Paradigm has acquired back the Paradigm, Anthem, and Martin Logan brands from the private equity company that had bought the company from him some time back. Now we learn that Sound United, owner of Denon, Marantz, Polk Audio, Definitive Technology, HEOS, Classé, and Boston Acoustics has entered into an agreement with Onkyo Corp. to purchase Onkyo’s premier lineup of brands, including: Onkyo, Integra, Pioneer and Pioneer Elite.

But does Sound United’s purchase of Onkyo make sense?…

[Read more…] about Sound United to Acquire Onkyo’s Audio Division

Filed Under: Brands, Financial, Management, Manufacturers, News, Strategy Tagged With: Boston Acoustics, Definitive Technology, Denon, Gibson, Gibson Brands, HEOS, Integra, Marantz, Onkyo, Pioneer, Pioneer Elite, Polk Audio, Sound United

Emerald Expo Releases Q1 Results with Head-Scratching Statements

May 3, 2019 by Ted 1 Comment

Does Good Spin Offset Bad Numbers?

Emerald Expositions logo

Emerald Expositions Events, Inc. (NYSE:EEX), a leading provider of trade shows and events and the current owner of CEDIA Expo, announced their financial results today for the first fiscal quarter of 2019. And while this tends to be a rather mundane or even robotic process, there were a few things unique about this report from Emerald – most notably their head-scratching comments that dramatically contrasted with the numbers.

See Emerald’s results & comments…

[Read more…] about Emerald Expo Releases Q1 Results with Head-Scratching Statements

Filed Under: Financial, Management, News, Shows & Events Tagged With: CEDIA, CEDIA Expo, CEDIA Show, EEX, Emerald Expositions, Emerald Expositions Events

LG’s Fiscal 2019 Q1 Revenues & Income Decline

May 1, 2019 by Ted Leave a Comment

Overall Results Decline, But Company Hails Record Results in Home Appliances

LGs logo

LG Electronics Inc., a leading manufacturer in a diverse range of businesses, announced their fiscal 2019 first quarter results this week. With consolidated sales of KRW (Korean won) 14.92 trillion ($13.27 billion) and an operating profit of KRW 900.6 billion ($801.25 million), the company showed respectable numbers, but those results that represented a decline for the quarter.

LG’s Q1 declined, read on to see why…

[Read more…] about LG’s Fiscal 2019 Q1 Revenues & Income Decline

Filed Under: Asian Connection, Financial, Management, Manufacturers, News Tagged With: LG

James Loudspeaker Launches New Mavericks Division

April 25, 2019 by Ted Leave a Comment

James Loudspeaker logo

Innovative architectural loudspeaker designer/manufacturer James Loudspeaker announced this week that it will split off its Mavericks theater products into their own division, the Mavericks Architectural Cinema (MAC) division. This new division will offer the company’s dramatic Mavericks theater speakers for both the high-end residential and commercial cinema installation markets.

See more on James’ new Mavericks division…

[Read more…] about James Loudspeaker Launches New Mavericks Division

Filed Under: Management, Manufacturers, Marketing, News, People, Products, Strategy Tagged With: commercial, James Loudspeaker, John Bishop, Mark Schafle, Mavericks, residential

CEDIA Celebrates, Hoping You Don’t Notice That Little Spark Catching in the Corner

April 5, 2019 by Ted 5 Comments

Photo of CEDIA HQ
CEDIA’s new headquarters building in Fishers, Indiana

On March 28th CEDIA held a grand opening gala to celebrate their brand new $14 million glass and stone castle in Fishers, IN with about 250 of their closest friends. Depending on your viewpoint, this new facility is either a shining shrine to the strength of the custom integration tech association – or it is a monument to the monumental arrogance and ego of an association that is drifting further away from the very community it purports to serve.

But what many of these guests to the opening celebrations didn’t know was that, as they sipped champagne and oohed an ahhhd over the new gorgeous digs, there was yet another small member flare-up taking place in the background…with significant members expressing strong dissent on yet another Association initiative.

See more on this two worlds of CEDIA…

[Read more…] about CEDIA Celebrates, Hoping You Don’t Notice That Little Spark Catching in the Corner

Filed Under: Associations, Integrators, Management, News, Strategy Tagged With: CE Pro, CEDIA, CEDIA Expo, CEDIA Show, Custom Electronic Design & Installation Association, EH Publishing, Emerald Expositions, Expo

Tech IPOs: Lyft, Uber, Pinterest… ComoAudio? Well, Sort Of…

March 29, 2019 by Ted Leave a Comment

Photo of Wefunder Como Audio profile page

Como Audio, Tom DeVesto’s latest innovative venture and maker of fine streaming smart speaker systems, has launched a funding campaign on Wefunder, seeking to raise between $100,000 to $1,000,000 in equity investment. Investors on the Wefunder site can buy preferred shares of Como Audio stock priced at $2.50/share and own a piece of the company.

You too can become a Como Audio owner…

[Read more…] about Tech IPOs: Lyft, Uber, Pinterest… ComoAudio? Well, Sort Of…

Filed Under: Brands, Financial, Management, News, People, Specialty, Strategy Tagged With: Como Audio, smart speakers, Tom DeVesto

Japan Opens Antitrust Inquiry into Amazon

March 6, 2019 by Ted Leave a Comment

Amazon logo

At the urging the industry minister of Japan, the country’s Fair Trade Commission will look at a new program announced by Amazon Japan that some suggest may be anti-competitive in nature. Depending on the Commission’s findings, Amazon may be forced to abandon the idea, which is a form of a consumer rebate program.

See more on Amazon’s troubles in Japan…

[Read more…] about Japan Opens Antitrust Inquiry into Amazon

Filed Under: Asian Connection, Management, Marketing, News, Promotions, Retailers, Strategy Tagged With: Amazon, Amazon.com, antitrust, rebate

Strata-gee Visits Russound: Steeped in History, Streaming into the Future

January 31, 2019 by Ted Leave a Comment

Photo of Russound CEO Charlie Porritt in his office
Gimme an “R”…

I arrived at my destination, Amtrak’s South Station in Boston, right on time. As I approached the doors to exit the station, my eyes suddenly focused on a shocking scene. Not only was there a torrential downpour – that was not a surprise, it had been raining as I departed New Jersey early that morning as well – but added to that downpour were gale force winds. It was like something out of a cheesy Hollywood disaster movie. I saw debris flying by horizontally, people struggling with popped-inside-out umbrellas as they attempted to fight the winds and stinging rain to remain on their feet.

Just then, my cell phone rang. It was an irrepressably jovial Charlie Porritt, CEO of Russound, telling me cheerfully he was only a couple of blocks away and would be there to pick me up in a couple of minutes. I pushed the disconnect button and said out loud to no one in particular – “I’m not going out there!”

See my trip to Russound with lots of photos…

[Read more…] about Strata-gee Visits Russound: Steeped in History, Streaming into the Future

Filed Under: Brands, Management, Strategy Tagged With: Charlie Porritt, Colin Clark, Russound

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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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