With Loss of Two Potential Buyers, Onkyo’s Future is a Question Mark

As you most likely know by now, Onkyo Corp. and Sound United have called off their transaction which would have transferred ownership of the 73-year old Onkyo brand, as well as the Integra, Pioneer, and Pioneer Elite brands to Sound … Continue reading

CEDIA 2019: Onkyo USA Says It Will Become a Retailer of Sonos, a Distributor Too

Onkyo USA announced this week that it will become a retailer of Sonos wireless music systems – selling the company’s wireless music systems on Onkyo USA’s website. The company also says it will distribute the brand nationally as well. See … Continue reading

CEDIA 2019 – SnapAV to Distribute Sonos Wireless Music Systems Nationally

SnapAV announced today that it will begin distributing Sonos wireless music systems beginning next month in October. The company says it will offer the entire line – including the Sonos Port, Sonos Move, and Sonos One SL – as part … Continue reading

ADP Jobs Report is a Shocker, Seen as a Red Flag

On Wednesday, the country’s largest payroll processor, ADP, announced that private-sector employers hired 27,000 people in May. This number was a dramatic reversal from their report on April hiring, which said employers added a remarkable 271,000 people. Many economists and … Continue reading

Angling at Auction for a Deal on Thiel? Heed This Warning

Last week’s Strata-gee story on the final liquidation of what remains of Thiel not only drew a huge number of readers, it also sent a big chunk of them on to the auctioneer’s website (McLemore Auctions). Many of those readers … Continue reading

Apple Supplier Foxconn Hit Hard by iPhone Sales Drop

Taiwan’s GDP Declines Due to Apple Cuts Photo: Nikkei We have followed Foxconn for years now, first picking up on them in 2012 when news had emerged that a significant Apple supplier was having problems with employees committing suicide – … Continue reading

Gibson Says, Sorry Memphis, We’re Outta Here

Just a matter of months ago, Gibson Brands management assured the town elders of Memphis, TN that the company remained committed to the vibrant music community in Memphis and that they were looking for new digs somewhere within that community. … Continue reading

Foxconn’s Double Dose of Bad News

A Negative Financial Report & a New Wisconsin Governor Add to Headaches No doubt about it, Apple Inc. supplier Foxconn has had a really bad week. First, last Tuesday Wisconsin voters kicked Republican Governor Scott Walker out of office, replacing … Continue reading

Expanding Local Presence, SnapAV Acquires Volutone

BREAKING NEWS SnapAV, a leading provider of custom integration brands and products, announced today that it has acquired Volutone, a respected California-based distributor with seven locations throughout California and Nevada. The move expands SnapAV’s local touch points in a key … Continue reading