Sonos Slashes Headcount by 12%, Closes NY Store, and Cuts CEO Spence’s Pay 20%

In a new filing with the Securities and Exchange Commission, Sonos, Inc. [SONO:NASDAQ] announced a series of measures to try and get company costs under control in the wake of the COVID-19 impacted economy. More drastic than previous announcements, Sonos … Continue reading

Sandy Gross Steps Down from GoldenEar; Reflects on His Illustrious 50-Year Career

GoldenEar founder Sandy Gross Telling me, “I’m just taking some time to do those things I’ve been wanting to do for a long time,” Sandy Gross, renowned² founder of three major speaker brands (Polk Audio, Definitive Technology, GoldenEar Technology), has … Continue reading

Emerald Expositions Announces Death of Sally Shankland, Its Most Recent CEO

Emerald Expositions announced this week that Sally Shankland, it most recent CEO who had been hired in June 2019 to replace resigning CEO David Loechner, has died following her month’s long battle with cancer. The company says Shankland passed away … Continue reading

New Rep Firm Hi-Fi Representation Nabs Atlantic Technology and Seymour-Screen Excellence

Hi-Fi Representation, a new manufacturer sales representative firm covering Texas, Oklahoma, Louisiana and Arkansas, has signed representation agreements with Atlantic Technology and Seymour Screen Excellence. The company was launched in January 2020 and says Seymour-Screen Excellence is actually one of … Continue reading

After Nearly 18 Years, SVP & GM Doug Cole Leaves Universal Remote Control

For several days now, multiple sources have reached out to Strata-gee to report that Doug Cole, Senior Vice President and General Manager of Universal Remote Control – better known as URC – has left the company. I have confirmed his … Continue reading

As Overall Economy Hit by COVID-19, Layoffs Hit Tech as Well

AudioQuest Announces Downsizing A relatively large number of readers and industry sources have reached out to Strata-gee with word of cutbacks and layoffs at various industry brands – as the impact of coronavirus (COVID-19) takes its toll on the U.S. … Continue reading

B&W Letter to Dealers Confirms Gideon Yu and Greg Lee Leave the Board; Questions Remain

High performance loudspeaker manufacturer Bowers and Wilkins (B&W) sent a letter to their dealers last week addressing issues that have arisen recently, especially as they pertain to the management of the company. As is often the case with this company, … Continue reading