The Florida Audio Expo announced this week that they are cancelling their February 2021 high-end audio exposition due to “the extraordinary times and continued uncertainty.” Although their announcement does not explicitly name COVID-19 or SARS-CoV2, comments by show founders make it clear, noting that they “put our customers well being first.”
Shows & Events
Owner of CEDIA Expo & CEPro Looks to Turn the Corner from COVID…Some Day
Emerald Holding Inc. (NYSE:EEX) – formerly Emerald Expositions Events, Inc. – released their fiscal 2020 second quarter results this week and it’s no surprise that they were brutal, as the company continues to find itself caught in a COVID catastrophe that is killing in-person events, like the very expositions they produce. With the second quarter covering the period of April – June, the previous peak of the pandemic’s infections and deaths (since exceeded), the company performance – as expected – was really challenged, with the bulk of their various trade shows and in-person events cancelled or postponed.
But the company did have one piece of good news…the insurance companies providing event cancellation insurance to the company have begun paying against their claims.
See an analysis of Q2 results for Emerald…[Read more…] about A COVID Catastrophe – Emerald Reports 93% Drop in Q2 Revenues; Confirms Insurance Payments
In This GUEST POST, Bill Leebens Takes You on a Journey from ‘Me’ to ‘We’ & Proposes a New Industry Association
A few months ago, I unexpectedly became unemployed. There had been occasions in my career when it was clear that I needed to get the hell out of Dodge —but this wasn’t one of them.
A new job would not appear overnight; that was obvious. I was up to my ears in fearful self-absorption.
Then things changed…and the world was in upheaval.
This changed everything…[Read more…] about High-End Faces A Matter of Survival in Pandemic’s Wake; Here’s What We Should Do Now
On Tuesday, promoters of the Rocky Mountain Audio Fest – a well respected and popular event for the high-end specialty audio segment – announced that they were cancelling the show scheduled for October 2-4, 2020 in Aurora, CO. Like many other industry events this year, the reason was due to the disruption caused by the COVID-19 coronavirus pandemic.
See more on the RMAF cancellation…[Read more…] about Rocky Mountain Audio Fest, A Popular High-End Event in October, is Canceled
Promoter Says It Is Putting ‘Health and Safety First’
Saying they are putting “Health and Safety first,” IFA announces they have received the appropriate government approvals to hold a live, in-person trade show event in Berlin this coming September. The announcement was a dramatic departure from their previous announcement in April cancelling this very event. But will anyone choose to attend?
See more on IFA effectively un-cancelling their show…[Read more…] about With Original Event Canceled, IFA Now Says It Will Hold a New Live, In-Person Show in September
CFO Admits Company Looking at Possibility of No More Shows in 2020 – and Fewer in 2021
Emerald Holding Inc., formerly Emerald Expositions Events, Inc. (NYSE:EEX), has released their fiscal 2020 first quarter results and the organization makes no bones about it – it has been hit, and hit hard, by the COVID-19 pandemic. The company announced that in the first quarter of fiscal 2020 – the period ending March 31, 2020 – sales declined 27.4% to $99.7 million and the company had the biggest net loss in its history, losing $570.1 million.
See more on the dire situation at Emerald…[Read more…] about Epidemic Engulfs Emerald Expositions; Reports Massive Q1 Loss of $570.1M
Joel Davis of JD Events (JDE) announced a little more than a week ago that AXPONA, the high-end audio exposition scheduled to take place in Schaumburg, IL in August, is now canceled. Citing the health and safety of attendees, Davis’ letter said “we do not feel 100% confident that we can provide a safe environment for all of our customers and press…” But in a separate communication to exhibitors, Davis informed them the that JDE was in dire financial straits and unable to return their deposits – further angering the still unhappy AXPONA exhibitors.
See more on the AXPONA turmoil…[Read more…] about AXPONA is Canceled; But Its Promoter & Exhibitors are Still Battling
Crestron Electronics announced today that it is returning to the CEDIA Expo show for the first time since Strata-gee broke the news of their surprising exit from the event four years ago in 2016. This announcement marks a triumphant return for a company that has seen its residential business soar over the last few years, particularly with the launch of their Crestron Home software solution.
See more on Crestron’s return to CEDIA Expo[Read more…] about Crestron in Triumphant Return to CEDIA Expo
Strata-gee reported last week that a group of 20 exhibitors had written an open letter to petition Joel Davis of JD Events – the producer of the AXPONA high-end audio show – calling for the cancellation of that event. The exhibitors making that call included some of the more prominent names in the specialty audio community – and their argument for a cancellation was well-articulated in their petition.
Now, several dozen more exhibitors have joined that original group to also call for its cancellation.
See the expanding list of exhibitors calling for AXPONA to be canceled…[Read more…] about UPDATE: Now a Much Larger Group of AXPONA Exhibitors are Calling for Its Cancellation
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 at home peacefully.