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NY Times Launches Blistering Critique of LG; Says New U.S. HQ is a ‘Public Shame’ & a Reminder to ‘Shop Samsung’

April 12, 2014 by Ted 1 Comment

Photo of LG HQ protesters
LG’s new HQ project protesters.

We told you a few days ago about a rising chorus of opposition to the construction of LG’s new 143-foot tall U.S. headquarters in Englewood Cliffs, NJ – a borough which borders on a lush, green, wooded area of the state known as the Palisades – a National Natural Landmark. Now, in a scathing “Critic’s Notebook” article in Saturday’s New York Times, Michael Kimmelman compares how Samsung – also building a new headquarters building in San Jose, CA – took steps to be a good corporate citizen and fit in with the community…versus the approach by LG, “…a lousy neighbor.”

A critique of building design, the article didn’t pull any punches in thoughts about LG… [Read more…] about NY Times Launches Blistering Critique of LG; Says New U.S. HQ is a ‘Public Shame’ & a Reminder to ‘Shop Samsung’

Filed Under: Brands, Law, Manufacturers, News Tagged With: Charles E. Shumer, Eric T. Schneiderman, LG, Michael Kimmelman, New York Times, Palisades, Samsung

End of an Era? J&R Music World Closes Store Today

April 10, 2014 by Ted 6 Comments

Photo of exterior of J&R Music WorldJ&R Music World has announced that it will close its Manhattan store location today. The announcement is likely a surprise to consumers – but those in the industry in the New York Metro market are not surprised. J&R has been struggling for years, starting with a major push down a slippery slope in the wake of the September 11, 2001 World Trade Center terrorist attacks which were close enough to damage their location in lower Manhattan.

J&R has posted a note on its website about the matter. Will they come back?… [Read more…] about End of an Era? J&R Music World Closes Store Today

Filed Under: Brands, Financial, News, Pivot Point Tagged With: J&R Music World, Joe Friedman, Rachelle Friedman

‘Sony Technical Support is now terminated’

April 10, 2014 by Ted 3 Comments

Sony logo on screen at CES press presentationNo…we’re not joking. This week, a Strata-gee SYNCH reader sent us a copy of an emailed dealer notification (see it below) from Sony. At the top, the email sported a large, bold, black Sony logo. And the headline centered under that logo? “Sony Technical Support is now terminated.”

Has Sony terminated their technical support? See what we’ve uncovered…so far… [Read more…] about ‘Sony Technical Support is now terminated’

Filed Under: Brands, News, Pivot Point Tagged With: Sony, technical support

iRule Appoints Adam Gold as Vice President of Sales

April 9, 2014 by Ted Leave a Comment

iRule logo

Up and coming DIY and Pro home automation company iRule announced this week that it has appointed Adam Gold as its Vice President of Sales. Gold joins the company after leaving a position as Regional Sales Manager for Middle Atlantic Products.

See more on this appointment…and on the unique iRule company and products… [Read more…] about iRule Appoints Adam Gold as Vice President of Sales

Filed Under: Brands, Marketing, News, Sales Tagged With: Adam Gold, iRule

Talk About Income Inequality! Just Four Companies Generated 90% of All Net Profits in South Korea

April 9, 2014 by Ted Leave a Comment

Graphic pie chartIn a report that is sure to surprise many and even stun some, the Korea Fair Trade Commission, South Korea’s fair trade watchdog, announced that just four large companies – or conglomerates – generate 90% of all of the total net profit earned in the country in 2013. The commission, which closely tracks the performance of what they call the largest conglomerate companies, issues their report every April with this year’s report showing the share of the top four have continued to grow since 2011.

But wait until you see the percentage of profits from just the top TWO companies… [Read more…] about Talk About Income Inequality! Just Four Companies Generated 90% of All Net Profits in South Korea

Filed Under: Asian Connection, Brands, Financial, Manufacturers, News Tagged With: Hyundai Motor, LG, Samsung, SK

Powerful NY Attorney General Enters LG – Palisades Dispute

April 8, 2014 by Ted 2 Comments

Photo of model of LG's new corporate headquarters

The New York Times reported this morning that New York’s powerful attorney general, Eric T. Schneiderman, has entered the dispute between LG Electronics and various environmentalist groups seeking to force LG to modify construction plans for its new headquarters facility. Schneiderman, siding with the environmentalist groups, has filed an amicus brief with the appellate court asking it to reverse a lower court decision that allowed the construction to proceed.

Bringing the matter to a boil is LG’s insistence on pushing forward with construction despite the increasingly vocal opposition… [Read more…] about Powerful NY Attorney General Enters LG – Palisades Dispute

Filed Under: Manufacturers, News, Strategy Tagged With: Eric T. Schneiderman, John Taylor, LG Electronics, Protect the Palisades

Thought for the Week – April 7, 2014

April 7, 2014 by Ted Leave a Comment

Picture of Thomas Edison

Many of life’s failures are people who did not realize how close they were to success when they gave up.

Thomas A. Edison

 

Filed Under: Quotations

Streaming Music is Even More Popular Than You Think

March 27, 2014 by Ted Leave a Comment

Spotify home pageJust about every dealer and integrator (and manufacturer, for that matter) is acutely aware of how popular streaming music is with their clients/customers. Now, new industry statistics, reported on by market researcher eMarketer, provides a dramatic indicator of just how popular streaming music has become. And it is likely much more popular than you could imagine.

Just how popular are streaming music services? See below for some dramatic numbers… [Read more…] about Streaming Music is Even More Popular Than You Think

Filed Under: Consumer Trends, Industry Trends, News, Pivot Point, Research, Tech Trends Tagged With: digital music, streaming

Deconstructing D&M Holdings; Company Sells Calrec Audio and Explores Other Options

March 27, 2014 by Ted Leave a Comment

Former CEO Pacor Comments on Brand Acquisition Strategy

D+M Group logoWe learned last week that D&M Holdings, also known as the D+M Group, sold off its Calrec Audio brand to Electra Partners, a London-based private equity company. D&M received £14 million ($23.1 million) for Calrec, a designer of premium audio products and live-to-air consoles for the broadcast market. The move is part of a plan to divest itself of all non-core businesses, CEO Jim Caudill has said in press reports.

See more on the company’s aggressive strategy to unload non-core businesses… [Read more…] about Deconstructing D&M Holdings; Company Sells Calrec Audio and Explores Other Options

Filed Under: Brands, Financial, Industry Trends, Manufacturers, Marketing, News, Pivot Point, Strategy Tagged With: Allen & Heath, Calrec, D&M Holdings, D+M Group, Denon, Jim Caudill, Marantz, Vic Pacor

Yamaha Updates Popular RX-V Line of A/V Receivers Adding Wireless & Streaming Services

March 26, 2014 by Ted Leave a Comment

Photo of Yamaha RX-V777BTYamaha Corporation of America announced this week that it has updated its well-regarded RX-V line of A/V receivers adding several new and popular features such as new wireless capability, a new surround capability, and new streaming services. Included in this update are the 7.2-channel RX-V777BT, RX-V677, RX-V577…as well as the 5.1-channel RX-V477. The company notes that these models embody a rare combination of sound quality, convenience, and accessibility.

See more on this significant update to an already popular line of products from Yamaha… [Read more…] about Yamaha Updates Popular RX-V Line of A/V Receivers Adding Wireless & Streaming Services

Filed Under: Industry Trends, Manufacturers, News, Tech Trends Tagged With: 4K Ultra HD, AirPlay, Bluetooth, HDMI, MHL, Wi-Fi, Yamaha

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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