Luxman America has appointed well known industry executive John Pravel as its Vice President of Sales. Previous to this appointment, Pravel was one of Luxman’s sales representatives in upstate New York.
Luxman Appoints John Pravel VP of Sales
Manufacturers
Giving No Ground, Lenbrook Launches Robust Retaliation to Sonos Lawsuit
After receiving a stipulation allowing them more time to respond, Lenbrook Industries Ltd, and Lenbrook America, last week filed their response to the Sonos patent litigation they were hit with in June. It was a robust and smart response that clearly communicated that Lenbrook planned to give no ground in this dispute.
While perhaps not quite as audacious as the D&M response when they were first dealt the blow of litigation…Lenbrook offered a smart and savvy response that not only pushed back but seemingly undercuts many of Sonos’ core allegations..and patents.
Sonos v Lenbrook is heating up…who has the advantage?…
[Read more…] about Giving No Ground, Lenbrook Launches Robust Retaliation to Sonos LawsuitNortek Figures Prominently, If Not Always Positively, in Melrose Industries’ 1st Half Fiscal Results
Melrose Industries PLC, a U.K. based investment group that purchased Nortek, Inc. back in 2016, released their fiscal 2019 first half financial results last month (for the period ending June 30, 2019). And while the results showed strong sales growth (thanks to a large acquisition) the company still booked a net loss.
Perhaps more interesting, was that Nortek’s Security & Smart Technology unit figured quite prominently in the document – often for the wrong reasons.
See why Nortek was so prominent…
[Read more…] about Nortek Figures Prominently, If Not Always Positively, in Melrose Industries’ 1st Half Fiscal ResultsWith Loss of Two Potential Buyers, Onkyo’s Future is a Question Mark
As you most likely know by now, Onkyo Corp. and Sound United have called off their transaction which would have transferred ownership of the 73-year old Onkyo brand, as well as the Integra, Pioneer, and Pioneer Elite brands to Sound United. The shocking news capped off a nearly five month process where many in the industry tried to figure out just how this deal made sense.
This was the second loss of a potential buyer for Onkyo, which admits it is re-evaluating its future based on the failure to sell off its brands.
See why Onkyo’s future is a question mark…
[Read more…] about With Loss of Two Potential Buyers, Onkyo’s Future is a Question MarkCEDIA19: Origin Acoustics in Big Entry into Commercial Market
Always an entertaining stop at CEDIA, Origin Acoustics didn’t disappoint again this year with a significant number of new models, some other updated models, and new announcements. See what caught my eye at this CEDIA Expo…
See new commercial products from Origin…
[Read more…] about CEDIA19: Origin Acoustics in Big Entry into Commercial MarketSony Announces Promotions in the AV Specialty & Custom Integration Sales Group
Sony announced that is has promoted two of the members of its team to new roles in the wake of the recent retirement of Gary Frankel, Western Regional Sales Manager. Both new appointments are in their “award-winning” AV Specialty and Custom Integration sales group and were made effective as of September 1, 2019.
See who was promoted at Sony…
[Read more…] about Sony Announces Promotions in the AV Specialty & Custom Integration Sales GroupSound United Calls Off Onkyo Acquisition
BREAKING NEWS
In a tersely worded release, Sound United announced today that its deal to acquire the Onkyo, Integra, Pioneer, and Pioneer Elite brands is off. Originally announced in May, the deal was said to be conditional on the completion of due diligence, the signing of “definitive agreements” and other specific elements. Apparently, that process was not successful.
See more on this surprising, but rumored, outcome…
[Read more…] about Sound United Calls Off Onkyo AcquisitionCEDIA 2019: In Turbulent Economy Sony’s Frank Sterns Tells His Team Just ‘Work the Plan’
Much like any trade show, CEDIA Expo 2019 was full of optimism and good cheer. But with just a few questions to top executives of major exhibitors it is fairly easy to pierce that veil of good cheer to reveal underlying concerns of approaching economic storm clouds. I chatted with Frank Sterns, Sony’s Vice President of AV Specialty/Custom Integration, about the turbulent waters our industry is sailing through and how Sony is faring in the face of these increasing headwinds.
See the course Sony has charted in these turbulent times…
[Read more…] about CEDIA 2019: In Turbulent Economy Sony’s Frank Sterns Tells His Team Just ‘Work the Plan’CEDIA 2019: Lenbrook Launches Array of New Models from Multiple Specialty Brands
At the the CEDIA Expo earlier this month, Lenbrook had a substantial launch of multiple new models from their collection of brands. Firmly positioned in the mid- to high-end technology market, the new products from Bluesound, Dali, NAD, and PSB continued to forge a path into the new digital audiophile market with high-quality streaming models and high-end in-wall and on-wall speaker and subwoofer solutions.
And in the case of one model, it was an award-winning presentation…
See more on Lenbrook’s new products…
[Read more…] about CEDIA 2019: Lenbrook Launches Array of New Models from Multiple Specialty BrandsCEDIA 2019: AudioControl Flexes Its Muscles – Many New Models, All with a Dramatic New Design
AudioControl flexed its muscles this year at the 2019 CEDIA Expo – launching the greatest number of new products ever in the company’s history. But not only that, the company surprised us with an entirely new industrial design across a wide swath of products that is sleek, savvy, and exciting.
