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Judge Sends Samsung CEO Back to Prison for 2½ Years

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Samsung vice chairman Jay Y. Lee
[Photo: AP]

Who Will Run the Company with Lee Incarcerated?

On Monday, Samsung Electronics Vice Chairman Lee Jae-yong – also known as JY Lee, J. Y. Lee or Jay Y. Lee – was sentenced to 2½ years in prison for his role in a bribery and embezzlement scheme to influence the President of South Korea in order to increase his share and power in the company. This development is big news in Korea. Samsung Electronics, part of the Samsung family of companies that is the largest conglomerate in South Korea, by itself represents almost 20% of the entire value of all exports from Korea.

See this sensational Samsung…ah…stuff!

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CES 2021: Sony Evolves From Hardware Maker to Experience Creator

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Sony Airpeak drone
Airpeak drone

“Please join us in looking forward as we continue to evolve as a ‘creative entertainment company,'” said Kenichiro Yoshida, Sony Chairman, CEO and President to kick off Sony’s presentation to the media on CES 2021’s press day this past Monday. It was a carefully crafted opening, with words of particular significance that contrasts strongly with previous company characterizations. Sony is changing.

Has the train jumped the tracks? Or has Sony hit the hyper-drive taking us to a new and exciting unexplored planet?

See more from Sony’s press presentation…

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Florida Rep Firm LK & Assocs. Acquires L.P. Hench

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Ft. Lauderdale, FL-based manufacturers representative firm LK & Associates has acquired another Florida rep firm, L.P. Hench in a deal announced Tuesday. This acquisition represents a line and talent expansion for LK & Associates as it continues to enjoy strong growth.

See more on this acquisition deal in Florida…

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AudioControl Names New Head of Customer & Technical Services

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AudioControl announces appointment of Ashley Kay
Is Ashley Kay Wonder Woman? Perhaps…[Click to enlarge]

AudioControl announced this week that it has named Ashley Kay as its new Director of Customer and Technical Services. This is a newly created role at the company and represents a meaningful upgrade in customer and technical support capabilities at the specialty mobile and residential electronics manufacturer.

See more on Kay’s role at AudioControl…

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New Home Sales Show a Sharp Decline in November

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photo of a newly constructed home

In late December we got the latest data from the U.S. Commerce Department on the sales of new homes in November 2020. According to the government, new home sales showed a sharp decline in November. The fact that there was a decline itself was not as much of a surprise to analysts as much as how sharp that decline was that caught their attention.

Many analysts are suggesting that this decline in home sales is another indicator of a slowing economy.

See more on this key economic data point…

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Long Time Crestron CTO Fred Bargetzi Dies

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Fred Bargetzi photo

I’m sorry to report that we have some sad news out of Crestron today. On Tuesday, the company announced its long time Chief Technology Officer, Fred Bargetzi, has died. Viewed by many to be a key component of the success of one of our industry’s most respected technology companies, colleagues are said to be “in shock.”

See more on the passing of Fred Bargetzi…

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Thanks to Readers, Strata-gee Hits Stratospheric Heights in 2020!

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strata-gee logo with light bulbs

See What Drove Results for Strata-gee

I can hardly believe I’m saying this, but thanks to Strata-gee’s amazing readers, both long time subscribers and many, many new converts, Strata-gee had its biggest year ever in 2020! The data are clear and unequivocal, pageviews this year were not only greater than last year…they exceeded it by a margin far greater than I could have ever dreamed possible! And that’s just one example of surprisingly positive stats in Strata-gee’s 2020 results in the wake of a branding and web presence overhaul.

See more on this amazing result, coming out of a crazy 2020 year…

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Strata-gee’s Top Ten Most Read Stories of 2020

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With 2020 rapidly disappearing into our rearview mirror, it’s always good to take a moment during the holidays and reflect on the year that just transpired. A year is a long time and a lot happens.

Also, as a content creator it is good to look back at those stories that seemed to resonate with most readers as I seek to constantly refine my editorial targets to better match the interests of readers. One way I do that is to put together an end of year list of the Top Ten Most Read Stories. Let’s look at those together – were these your favorites as well?

See 2020’s Top Ten Most Read Strata-gee Stories…

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Judge Approves Reorg Plan by AVDG Parent Guitar Center

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Photo of Guitar Center store in Albany, NY
[Photo: Gabby Jones/New York Times]

Company to Exit Bankruptcy Soon

The judge hearing the matter of the bankruptcy filing of Guitar Center, Inc., parent company of custom integration company Audio Visual Design Group (AVDG), has accepted the organization’s plan to reorganize operations in order to emerge from bankruptcy. With this move by the court, the stage has been set for Guitar Center to exit from bankruptcy proceedings soon, perhaps any day now.

See what the court’s action means for Guitar Center & AVDG…

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Annual CEDIA State of the Association Report Includes Some Drama

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CEDIA State of the Association opening slide

Nearly 600 Members Leave the Association in 2020

CEDIA held their annual State of the Association report for members today and, as usual, it was a well produced, glitzy affair more bent on selling the organization to all who choose to watch and listen. The Master of Ceremonies was Giles Sutton – no surprise for anyone aware of some of the inside actions taking place at the highly political organization. Sutton is the interim co-CEO of the trade group. But is it a trade group? Or is it something else altogether?

Learn more about what CEDIA said in their Annual Report to members…

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