Gibson Guitar Corp., a manufacturer of musical instruments and significant shareholder in Onkyo Corp. and majority owner of Onkyo USA, has entered into a “Criminal Enforcement Agreement” with the U.S. Department of Justice settling matters and circumstances surrounding government allegations of their illegal purchase and importation of woods and materials protected by environmental regulations and laws. As part of their settlement, Gibson admits the government’s allegations are true, agrees to pay a penalty of $300,000, agrees to an additional “community service” payment of $50,000 to the National Fish and Wildlife Foundation, implements a strict compliance program (approved by DOJ enforcers) to prevent future violations, and relinquishes claim to more than $260,000 worth of government-seized illegally imported materials. [Read more…] about Gibson Guitar Admits It Broke the Law; Settles with DOJ to Avoid Criminal Prosecution
Manufacturers
Did AudioXpert’s Launch Succeed in ‘Exceeding Expectations’ as Their Tag Line Promises?
AudioXperts
Last month, we reported on the pre-launch of a new brand…the rather boldly named AudioXperts – founded by well-known industry veteran, Eli Harary and the team of sales, marketing, engineering, and product specialists he assembled. This pre-launch announcement was then followed-up by an official launch at a press event in Manhattan on Tuesday of this week. For a lot of reasons, this was a notable event – not the least of which is that there are very few new companies launching in the current incredibly difficult industry environment. But this “birth of a brand” also – for a number of reasons – set a very high bar for expectations related to its launch, which drew a substantial press contingent.
Did AudioXperts live up to their “exceeding expectations” tag line?… [Read more…] about Did AudioXpert’s Launch Succeed in ‘Exceeding Expectations’ as Their Tag Line Promises?
Grace Motif’s John Caldwell to Handle U.S. Sales for Indy Audio Labs’ Acurus & Aragon Brands
In an association that is somewhat unique in our industry, Indy Audio Labs, LLC, (IAL) the company that manufacturers the Acurus & Aragon high-end brands, has hired John Caldwell, founder and CEO of Grace Motif to handle sales for the IAL brands. Interestingly, they have awarded Caldwell the title of Vice President of Sales for IAL while he retains his title and functions at Grace Motif. [Read more…] about Grace Motif’s John Caldwell to Handle U.S. Sales for Indy Audio Labs’ Acurus & Aragon Brands
3vNet Puts on a Fresh Face – Launches New Website
3vNet – formerly Colorado vNet – has launched an all-new website putting a fresh face on the newly independent company’s Internet presence. The company, once part of Russound and with which it had an often troubled relationship, was purchased from Russound by its Vice President of Sales and Marketing, Mike Anderson in April of this year. [Read more…] about 3vNet Puts on a Fresh Face – Launches New Website
Velodyne Hires Major Retail Executive to Guide their Direct-to-Consumer Model
Velodyne Acoustics, Inc. announced today that it has hired George Manlove – formerly of Vanns, Inc. – as its Vice President, Global Sales and Marketing. Manlove is a very high-profile executive best known for his 26-year tenure as President and CEO of Vann’s, Inc., a Montana-based traditional bricks-and-mortar and Internet retailer. Manlove also served as chairman of the Progressive Retailers Organization (PRO Group), a national retailer buying group. [Read more…] about Velodyne Hires Major Retail Executive to Guide their Direct-to-Consumer Model
Does the Headphone Market Know No Bounds? MartinLogan Joins the Fun with New Earbuds
MartinLogan, well-known in the high-end audio community as a manufacturer of large, expensive electrostatic line source loudspeakers, announced this week that it is entering the headphone market with a new in-ear headphone called the Mikros 70. According to MartinLogan, these in-ear headphones were designed by their engineering team – presumably as compared to other companies who buy off-the-shelf from China and stamp their logos on them.
If its MartinLogan, you know it must be different…and it is… [Read more…] about Does the Headphone Market Know No Bounds? MartinLogan Joins the Fun with New Earbuds
Onkyo Jumps Into Streaming
Onkyo announced on Tuesday that they have jumped into streaming big time by upgrading their iOS and Android apps to add high-quality streaming capability via a wireless network to Onkyo network receivers. The company has also announced a Bluetooth USB adapter that allows any Bluetooth enabled device to stream to the consumer’s Onkyo network receiver.
But Onkyo didn’t just add “plain vanilla” streaming, they added quality streaming… [Read more…] about Onkyo Jumps Into Streaming
Rotel Launches the Ultimate Insider’s Guide to High Performance Home Theater
Rotel announced today that is has published an all-new edition of its popular home theater bible, now called Rotel’s Ultimate Insider’s Guide to High Performance Home Theater. This new guide is written by Len Schneider, CEO of TechniCom Corporation and a fairly well-known technical writer in the industry. [Read more…] about Rotel Launches the Ultimate Insider’s Guide to High Performance Home Theater
If You Want Real Unity – You’ve Got to Get Engage[d]
One of the more interesting stops we made during our rounds at last month’s 2012 CEA Line Show was to see a new company with a brand new product not yet on the market…but coming soon. That company, Engage Audio Design, has announced and shown a simplified total home theater package called Unity Home Theater. If the actual shipping product adheres closely to the prototype shown at the show – they just may have a real winner on their hands!
What’s so great about Unity? You’ve got to read on…
[Read more…] about If You Want Real Unity – You’ve Got to Get Engage[d]
Continuing to Ramp-Up, 3vNet Announces Its Pick for Director of U.S. Sales
Director of U.S. Sales, 3vNet
New industry player, 3vNet – formerly known as Colorado vNet – announced today that it has selected a Director of Sales. According to the company, Matt Curtin is the company’s new Director of U.S. Sales, effective immediately, and will take over directing the sales activities of the company’s independent sales representatives. [Read more…] about Continuing to Ramp-Up, 3vNet Announces Its Pick for Director of U.S. Sales
