Sony Corps’ struggling film division, which hasn’t seen a major hit movie in a long while, has finally forced the company to take a writedown against third quarter earnings of a substantial $1 billion. The difficult decision was necessary to adjust or right-size the value of their operations and will mostly be booked against goodwill – to reset the value of the various film-related divisions.
Manufacturers
Control4 Beefs Up Routers with Built-In Cloud Monitoring Solution
Control4 Corporation announced today that it has launched a line of routers that are upgraded with their BakPak cloud-based remote monitoring and performance assessment capability built-in. The company says this is a “first for the industry.”
See more on this interesting new launch from Control4… [Read more…] about Control4 Beefs Up Routers with Built-In Cloud Monitoring Solution
Savant Holds Integration Summit in Denver, Outlines New Path Forward
In the wake of recent major executive changes, Savant seemed to fall into silent mode, deflecting media inquiries and in general buying itself time to get organized. All that is changing now as the company wrapped up a summit of its integrators in Denver – its largest ever – where it made several major announcements. At the integration summit, Savant revealed new products, new services, and a new commitment to the custom integration community.
See what we know so far about Savant’s announcements… [Read more…] about Savant Holds Integration Summit in Denver, Outlines New Path Forward
Bridwell Leaves Digital Projection for Screen Innovations
Screen Innovations (SI) announced this week that it has hired Michael Bridwell as its Vice President, Sales and Marketing, a newly created role for the company. Bridwell’s appointment is effective immediately, and he is said to be already at work helping to create “unmatched experiences for SI’s present and future customers.”
See more on Bridwell’s career and new role at Screen Innovations… [Read more…] about Bridwell Leaves Digital Projection for Screen Innovations
Samsung Chairman Named as Suspect by Prosecutors in Political Probe
After a tough 2016, Samsung was likely looking for a little relief in 2017. They’ll have to keep looking because, as the old saying goes, “When it rains, it pours.” Reuters is reporting that prosecutors in South Korea have summoned Samsung Group leader Jay Y. Lee for questioning in a probe into an influence peddling scheme that may topple the president of the country and offer criminal indictments for some of the players.
Lee has been named as a suspect in the matter.
See more on this widening scandal and the risk to Samsung… [Read more…] about Samsung Chairman Named as Suspect by Prosecutors in Political Probe
Sharp Hit With Pushback; Hisense Refuses to Rescind Licensing Deal
Hisense is Said to be ‘Defiant’
News sources in Japan are reporting that Hisense has fired back at newly aggressive Sharp negotiating tactics, saying firmly it will not relinquish the licensing rights to the Sharp brand name in North & South America, as the company has recently requested. Hisense paid heavily to obtain those rights, and despite the fact that Sharp has asked to terminate the deal, the company has no intention of doing so no matter the offer – or more recently – no matter the threat from Sharp.
See more on this developing Sharp soap opera… [Read more…] about Sharp Hit With Pushback; Hisense Refuses to Rescind Licensing Deal
Sony Makes It Official – We Are OLED
It was a strange press conference as compared to those held by Sony in the past – only one speaker (Kazuo Hirai) who methodically gave a summary of the new models the company was launching at this CES. The whole press event lasted a mere 24 minutes. No Hollywood movie stars…no musical performances…no custom video clips…no movie clips…no cars driving on the stage. Just the Sony CEO calmly listing the new models. In fact, at one point, Hirai introduced Sony US President Mike Fasulo who stood and waved to the audience – then was told to sit down and not steal Hirai’s spotlight. Strange…
But there was one really big star of the conference – the company announced the new Bravia OLED TVs, a major expansion of the OLED camp.
See more on Sony’s OLED announcement…and other new models… [Read more…] about Sony Makes It Official – We Are OLED
GoldenEar Reaches Higher – Launches Triton Reference
GoldenEar Technology, a manufacturer of more affordable high-end loudspeakers, has announced a new top-of-the-line model that takes speaker performance to an even higher plane. The company calls this new model the Triton Reference, and has positioned it above its highly acclaimed Triton One tower speakers.
Learn more about GoldenEar and the remarkable Triton Reference speaker system… [Read more…] about GoldenEar Reaches Higher – Launches Triton Reference
Thiel Launches Multiple New Products at CES
Thiel Audio, in a series of press releases on their website, announced multiple new products to be launched at this week’s CES in Las Vegas. Some of these new products are being launched under the Thiel brand name, while others are being offered under the Aurora brand – a brand that was originally created for a 4K music venue at the company’s headquarters in Nashville, TN.
This launch represents what the company hopes will be the next chapter in the troubled brand’s long-running saga.
See more on Thiel’s new models… [Read more…] about Thiel Launches Multiple New Products at CES
LG Display Signs Deal to Supply Sony with OLED Panels
This Could Mean War with Samsung’s Quantum Dot Tech
Korea’s ETNews network is reporting this week that, after weeks of negotiation, LG Display and Sony have signed a comprehensive deal for the supply of OLED panels to be used in new Sony OLED TVs. The deal has been rumored for several weeks now, but ETNews has confirmed that a supply contract has been signed between the parties.
