Select D&M Sales Rep Territories Remain Brand Specific

>>NOTE: UPDATED MARCH 9TH – SEE BOX BELOW<< <March 7, 2012> Last week, Stratecon’s BEACON broke the news about a major overhaul and consolidation of D&M Holdings’ sales representative and distributor network. Later that day, D&M confirmed our initial report, … Continue reading

Ex-D&M President Weissburg Heads to Gibson Guitar

<March 6, 2012> Gibson Guitar announced yesterday that it has hired ex-D&M President Bob Weissburg as global executive vice president – a new position at Gibson. Although Weissburg’s focus will likely be their consumer electronics and pro divisions, Gibson says … Continue reading

D&M Consolidates Sales Force; Some Long-Time Reps Lose Key Lines

<February 29, 2012> Multiple sources are telling the BEACON that D&M Holdings has consolidated their sales representative network, unifying their Denon, Boston Acoustics, and Marantz brands under one representative firm in each territory. Prior to this move, each territory had … Continue reading

Thiel Audio Names New Independent Reps in California

<February 29, 2012> Thiel Audio Products Company announced this past Monday that it has appointed two new independent sales representative firms in the state of California – one for Northern California and another for Southern California. Both are well known … Continue reading

Pro Group Pulled into Lawsuit

<February 29, 2012> New court documents filed late last week as part of the ongoing lawsuit between Soul by Ludacris and SOL Republic appear to more deeply entangle one of our industry’s most prominent national retail buying organizations, the Pro … Continue reading

Can a Court Decide Who Has Soul…or Sol? We’re Going to Find Out

<February 22, 2012> Dealerscope reported on its website today that Signeo, the company that markets primarily headphone products under the brand Soul by Ludacris or “Soul,” has filed a trademark lawsuit against Sol Republic, Inc. who markets primarily headphone products under the … Continue reading

It’s Official – Philips Is Out of the TV Business…Globally

<February 22, 2012> The final step in a move that has been expected by some for a long time has been completed as China’s TPV Technology Ltd. shareholders approved the acquisition of the money-losing TV division from Philips Electronics. While Philips … Continue reading

S&P Cuts Panasonic’s Long-Term Debt Rating…Again

<February 22, 2012> Standard & Poors, the credit rating agency, today cut Panasonic Corp.’s long-term debt rating for the second time in only four months suggesting it continues to expect a rough road ahead for some of Japan’s most prestigious … Continue reading

NPD Says Consumer Electronics Sales in 2011 at $144 Billion Are Down

<February 15, 2012> The NPD Group, a Port Washington, New York-based market research company said on Monday that total consumer electronics sales including both hardware and consumables, fell .5% to come in at a total of almost $144 billion. NPD’s data … Continue reading

TV War Won, Samsung Considers Spinning Off its Money-Losing LCD TV Business

<February 15, 2012> Samsung Electronics Co. surprised many in the industry today when it revealed that it is considering spinning-off its LCD flat-panel television business which is losing money amid a worldwide slowdown in consumer demand according to a report … Continue reading