Sony Corps’ struggling film division, which hasn’t seen a major hit movie in a long while, has finally forced the company to take a writedown against third quarter earnings of a substantial $1 billion. The difficult decision was necessary to adjust or right-size the value of their operations and will mostly be booked against goodwill – to reset the value of the various film-related divisions.
Control4 Corporation announced today that it has launched a line of routers that are upgraded with their BakPak cloud-based remote monitoring and performance assessment capability built-in. The company says this is a “first for the industry.”
See more on this interesting new launch from Control4… Continue reading
The Custom Electronic Design and Installation Association (CEDIA) announced today that it has sold off their annual show – previously called the Expo, now known simply as CEDIA2017 – to Emerald Expositions, a company that they say is the largest trade show operator in the United States. The news, likely to be a surprise to many in the industry, is effective immediately, although CEDIA will continue to have a prominent role in the 2017 edition, with Emerald taking full control in 2018.
See more on CEDIA’s surprise announcement… Continue reading
New research into what frustrates consumers when shopping in a retail store may give us a clue as to why brick-and-mortar retail is struggling – while online retailers are growing. Market research firm Capgemini asked consumers what they thought was a simple question that would elicit a simple answer. Little did they know that shoppers were only too happy to list the multiple reasons why they are frustrated with the retail shopping experience today.
See this latest research showing where retail is “dropping the ball”… Continue reading
In the wake of recent major executive changes, Savant seemed to fall into silent mode, deflecting media inquiries and in general buying itself time to get organized. All that is changing now as the company wrapped up a summit of its integrators in Denver – its largest ever – where it made several major announcements. At the integration summit, Savant revealed new products, new services, and a new commitment to the custom integration community.
See what we know so far about Savant’s announcements… Continue reading
Cash Infusion Buys Time for Struggling Service
Tidal, the musician-owned music streaming service put together by rapper Jay Z, announced this week that it has sold a third of the company to telecom giant Sprint. Although the original announcement did not disclose the price, Billboard, the music industry trade journal, said that Sprint invested $200 million for a 33% stake in the company.
See more on the dynamic situation surrounding Tidal… Continue reading
SnapAV announced today that it has launched a new line of uninterruptible power supplies (UPS) under its WattBox brand that offers OvrC-capability. Combining the UPS with a WattBox IP power conditioner, you gain cloud based remote management capability with both the OvrC and WattBox interfaces.
See more on this new line from SnapAV… Continue reading
Did the 2016 Presidential Election Impact Consumer Trust?
Ask any marketing professional, the last ten years have brought a dizzying array of all-new advertising options thanks to the continued development of digital and online marketing tools. Strata-gee has reported on several occasions the rapid ramp-up of big- and small-business investment in email marketing, social media marketing, digital media marketing and more. More companies have been investing more dollars in more different types of largely digital marketing methods.
So a new consumer survey really caught our attention when it showed which advertising method consumers most trust. It really kind of blew our mind.
You won’t believe which form of advertising consumers trust the most… Continue reading
AVAD LLC, a distributor that focuses on the custom integration channel, announced this week it is opening three new locations, as well as making key personnel moves. Part of an overall plan to change the business model of the organization, the company has, in essence, redrawn the map of its service area.
Read more about the changes being made by AVAD… Continue reading
Judge Questions Jay Y. Lee in Arrest Warrant Hearing
In a case that has been percolating for weeks but has now come to a boil, special prosecutors in South Korea have gone before a judge to obtain a warrant for the arrest of Samsung Group leader, Jay Y, Lee. Summoned by the court to testify, Lee answered questions in a closed-door session at the court, held today. Lee denied he or his company participated in any wrongdoing.
The judge’s decision is expected very soon.