In an announcement out of Hong Kong and reported on by Bloomberg News and others, TCL Multimedia, the large Chinese manufacturer of mostly inexpensive televisions, has announced it has obtained the rights to the Onkyo brand name which it intends … Continue reading
It was only a matter of months ago that Strata-gee broke the news that EVA Automation founder Gideon Yu, the new owner of Bowers and Wilkins (B&W), had dismissed Doug Henderson, President of the B&W Group North America. It was … Continue reading
At a recent dealer show, integrator and entrepreneur Richard Millson of Millson Custom Solutions presented what he called “The BMW of structured wiring panels” to integrators attending the event. Millson’s premise was simple – if you’re going to install a … Continue reading
We learned last week that talks between Gibson Brands and deal making king KKR Credit Advisors fell apart in a dispute over “the appropriate consideration for the various parties involved,” according to a statement from Gibson Brands. As yet another … Continue reading
BREAKING NEWS SnapAV announced today that it has partnered with lighting kingpin Lutron to offer a special version of their RA2 Select repeater, part of an entire RA2 Select system, that has been natively integrated into SnapAV’s OvrC remote management … Continue reading
Big Raises and Record Bonuses for Sony Employees in 2018 Sony Corp. is said to be planning to raise their employees pay rates by a very substantial 5 percent – and to pay record bonuses, according to a report by … Continue reading
Beats Gets More Awarded; But Monster Wins a Key Ruling Too When we last visited this legal clash of the titans, a jury had just found that Monster must pay Beats nearly $8 million to reimburse them for the legal … Continue reading
We reported last week that Krell Industries owner Rondi D’Agostino vehemently denied reports we had received from various sources that the company was in bankruptcy or considering bankruptcy. D’Agostino said that things may not be perfect, but it’s business as … Continue reading
Hundreds of Employees Facing Pink Slips Gibson Brands, a major provider of musical instrument and consumer electronics products, is in the midst of a widely reported liquidity crisis. With more than $500 million dollars in notes coming due late this … Continue reading
Recently, we have spoken with multiple sources who have said that Krell Industries, a maker of high-end, high-performance electronics, has fallen on hard financial times. Some suggested the company closed at the end of last week for good. Others told … Continue reading