Dish Network, LLC must pay nearly $470 million for patent infringement related to its Autohop Hopper technology that a Salt Lake City District Court jury says infringes on patents held by ClearPlay Inc. The case, originally filed as ClearPlay, Inc. vs. Dish Network LLC, Dish Network Corp., EchoStar Corp., and EchoStar Technologies L.L.C. has been a long-running battle as it was originally filed in March 2014.
Snap One Reports Mixed Results for Fiscal ’22 Q4 & Full Year; Forecasts 2023 Resi Decline
Red Flags: Residential Market is ‘Softening’; Consumers are ‘Cautious’; Channel Inventory ‘Destocking’
Snap One Holdings Corp. (NASDAQ: SNPO) released their fiscal 2022 fourth quarter and full-year results after the close of the market on Tuesday and held a conference call for investment analysts shortly afterward with more details. The company produced a prodigious amount of data that they suggest shows success in the face of adversity, and forecast a decline in their performance in fiscal 2023.
They also said the industry slowed down in 2022 and will continue to be slow for the first three quarters of 2023.
See more on the latest Snap One earnings report and forecast[Read more…] about Snap One Reports Mixed Results for Fiscal ’22 Q4 & Full Year; Forecasts 2023 Resi Decline
With COVID Behind Them, Emerald Expo Reports Improved Results in Fiscal ’22
Owner of CEDIA Expo & CE Pro Sees Revenue and Income Gains
Emerald Holding, Inc. (NYSE: EEX) (Emerald), also known as Emerald Expositions (Emerald Expo), reported their fiscal 2022 fourth quarter and full-year results on Tuesday. Their results, with strong revenue and income growth, clearly establish that the organization is rebounding from the years of COVID with exhibitors and attendees coming back to their events in force.
Learn more about the Emerald Expo fiscal 2022 results[Read more…] about With COVID Behind Them, Emerald Expo Reports Improved Results in Fiscal ’22
Sales of Luxury Homes Collapse -45% to Second Lowest Level Ever Recorded
Realtors Say Economic Uncertainty Has Frozen Buyers/Sellers
According to the latest data from national realtor Redfin, sales of luxury homes in the U.S. have declined a record -44.6% for the three-month period ending January 3, 2023, on a year-over-year (YoY) basis. That result outpaced the decline in sales of non-luxury homes of -37.5%.
See more on the collapse of luxury home sales; Is your market affected?[Read more…] about Sales of Luxury Homes Collapse -45% to Second Lowest Level Ever Recorded
Azione Unlimited Spring Conf. Shows Members Their Future is Unlimited
Launches Two Major Initiatives Partnering with Nationwide
On Thursday, Azione Unlimited wrapped up its spring conference, this year known as the Didactic Dovecote in the Desert, which took place in Scottsdale, AZ from March 7th to March 9th. Although this is the first Azione event I have personally attended, it was an impressive display of solidarity, sharing, learning, and planning with a lot of enthusiastic participation by the organization’s members and vendors.
Perhaps most importantly, as part of the Nationwide Marketing Group’s family of companies, the association announced two major new initiatives: the Azione Academy, an online self-paced education program; and the Drive to 1,000 collective membership drive. This initiative by Nationwide is their plan to drive collective group membership to 1,000 members overall.
Learn more about the Azione spring conference…[Read more…] about Azione Unlimited Spring Conf. Shows Members Their Future is Unlimited
Sonos Launches New Era 300 and Era 100 Smart Speakers Featuring Spatial Audio
Sonos (NASDAQ: SONO) announced on Tuesday that it has launched two new smart speakers that implement spatial audio for a more immersive listening experience. The company says these new models are the next-generation of smart speakers, utilizing Dolby Atmos technology to launch “…a whole new chapter in sound and design innovation.” They also call them “revolutionary” and “bold” and the “best experience for out loud spatial listening.”
Learn more about the Sonos Era 300 and Era 100[Read more…] about Sonos Launches New Era 300 and Era 100 Smart Speakers Featuring Spatial Audio
Sony Offers Unusual Incentive to Attract Chip Engineers for Expanding Division
Sony is looking to make a major investment to fuel even greater growth in its semiconductor business – a hot category right now around the globe. This means they need to hire engineers, dozens of engineers. But one of the consequences of so many companies chasing the semiconductor category is that competition has really been turbocharged for everything…especially engineers.
Now the company thinks it has found the perfect incentive to lock up the best engineers – something that is not nearly as prevalent in Japan as in the U.S.
See what Sony plans to offer to lock up the right engineers[Read more…] about Sony Offers Unusual Incentive to Attract Chip Engineers for Expanding Division
Integra Adds DRX-8.4 Deeply Featured Flagship AVR to Its Integrator Lineup
Premium Audio Company, a VOXX company, announced this week the launch of an all-new, deeply featured Integra flagship audio/video receiver (AVR) to cap its remarkable DRX line first introduced in 2021. The new DRX-8.4 offers 11 channels of 150 watts of Integra symmetric class AB room-shaking power. This unit is stuffed with all of the latest technology offering integrators an unprecedented level of flexibility and system control.
Learn all about the new Integra DRX-8.4 AVR[Read more…] about Integra Adds DRX-8.4 Deeply Featured Flagship AVR to Its Integrator Lineup
Parasound’s New Owner Delivers on Promise to Expand Engineering, Hires Darren Myers
Parasound announced this week that it has hired well-regarded audio engineer Darren Myers to its team. An expansion of the company’s engineering group, it struck me immediately that with this announcement new owner David Sheriff was already delivering on his promise to expand the company’s product design and engineering team.
See more on Darren Myers now at Parasound[Read more…] about Parasound’s New Owner Delivers on Promise to Expand Engineering, Hires Darren Myers
RoseWater Energy Joins in Local Energy Day Dealer Presentations
RoseWater Energy Group said today that it is participating in multiple Energy Day education seminars being held by local sales representatives around the country. These events are being held in February and March and provide dealers with an informative half-day education session on the importance of power as the foundation for any home automation or smart home solution.