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Beats

Sonos Stock Slammed on News Apple Stores Drop the Line

October 7, 2020 by Ted 2 Comments

Photo of Apple store in Chicago

Lost 7% of Value in After-Hours Trading

Bloomberg News reported late on Monday that Apple is dropping Sonos [NASDAQ: SONO] and other non-Apple branded products from their stores. The news of Sonos losing such a major customer caused their stock to derail in after hours trading, down almost 7% in value at one point. On Tuesday, Sonos stock price closed down 3.2% as Wall Street digested the news.

See why Apple stores are dropping Sonos…

[Read more…] about Sonos Stock Slammed on News Apple Stores Drop the Line

Filed Under: Brands, Financial, Management, News, Products, Retailers, Strategy, Tech Trends Tagged With: Apple, Apple Watch, B&O, B&W, Bang & Olufsen, Beats, Bowers & Wilkins, FitBit, Pioneer, Sonos

Far From Legally Dead, Monster Slugs Back at Beats

March 21, 2018 by Ted Leave a Comment

Beats Gets More Awarded; But Monster Wins a Key Ruling Too

Photo of Noel LeeWhen we last visited this legal clash of the titans, a jury had just found that Monster must pay Beats nearly $8 million to reimburse them for the legal expenses in fighting the lawsuit that Monster had brought against them in 2015. Now, we have learned that the judge in that case has increased the judgment with an additional “directed” verdict. And in the matter of a separate case, Beats vs. Monster filed late last year, Monster has filed a countersuit and won a key ruling.

This Beats and Monster slugfest goes on… [Read more…] about Far From Legally Dead, Monster Slugs Back at Beats

Filed Under: Law, Management, Manufacturers, News, People Tagged With: Apple, Beats, Beats by Dr. Dre, Jimmy Iovine, lawsuit, litigation, Monster, Noel Lee

Monster Throws a ‘Hail Mary,’ Pays Millions for Super Bowl Ad

February 1, 2018 by Ted 6 Comments

Monster logoMonster, Inc. (formerly Monster Cable) announced this week that it is launching its first ever television ad during the NBC broadcast of Super Bowl LII this Sunday, February 4. Usually the biggest TV event of the year, Super Bowl commands a king’s ransom in fees for advertisers, reportedly $5 million for a 30-second spot according to Sports Illustrated. Monsters ad? A full 60-second spot.

See more on Monster’s super expensive Super Bowl ad… [Read more…] about Monster Throws a ‘Hail Mary,’ Pays Millions for Super Bowl Ad

Filed Under: Brands, Manufacturers, Marketing, News, People, Promotions, Shows & Events, Strategy Tagged With: Beats, litigation, Monster, Monster Cable, Monster Products, Noel Lee, Super Bowl

Monster & Noel Lee Must Pay Beats Nearly $8M in Legal Fees

January 4, 2018 by Ted Leave a Comment

On a Roll, Beats Files New Lawsuit Against Monster Seeking $100 Million

Photo of Dr. Dre and Jimmy Iovine
Dr. Dre & Jimmy Iovine of Beats

While you were drinking your eggnog or otherwise enjoying your holidays, the Grinch stole all the good cheer from Monster LLC and owner Noel Lee when a jury in the case of Monster LLC v. Beats, et al agreed with Beats and ordered Monster and  Lee to pay them $7,916,201.64 as reimbursement for their legal expenses.

And Beats has more bad news for the Monster camp… [Read more…] about Monster & Noel Lee Must Pay Beats Nearly $8M in Legal Fees

Filed Under: Law Tagged With: Beats, Beats by Dr. Dre, Beats Electronics, Dr. Dre, Head Monster, Jimmie Iovine, litigation, Monster, Noel Lee

Beats Wins; Monster Loses Lawsuit Over Alleged Dirty Dealing

September 1, 2016 by Ted Leave a Comment

Trial is Now on Defendants’ Efforts to Recover Lawyers Fees

Photo of Dr. Dre and Jimmy Iovine
Dr. Dre & Jimmy Iovine of Beats

The fat lady hasn’t sung yet, but it’s pretty much all over for Monster LLC and Noel Lee’s lawsuit against Beats Electronics LLC, Andre Young (a/k/a Dr. Dre), Jimmy Iovine, Paul D. Wachter (a Beats director), HTC America Holding, Inc and Does 1-25 (defendants to be named later). LA Superior Court Judge William F. Fahey has dismissed Monster’s lawsuit in its entirety, and has scheduled a trial that is now only on the claims by the defendants against Monster for attorneys fees and other costs.

See more on this stunning defeat for Monster… [Read more…] about Beats Wins; Monster Loses Lawsuit Over Alleged Dirty Dealing

Filed Under: Brands, Financial, Law, News, Pivot Point Tagged With: Andre Young, Beats, Beats Electronics, HTC, HTC America, Jimmy Iovine, Monster, Noel Lee, Paul Wachter

More Than 7 Out of 10 Music Industry Execs Say Tidal Won’t Last a Year

September 3, 2015 by Ted Leave a Comment

Tidal logoIf I were Jay Z’s publicist, I’d be nervous right now. The popular rapper’s reputation as a savvy businessman is in serious jeopardy. Billboard, one of the oldest and most prominent music industry publications, has recently launched a new annual survey of the top “A-list music business professionals.” In order to capture their honest opinions, the survey is conducted on an anonymous basis. While not exceptionally detailed or deep, the survey is meant to cover a “broad range of temperature-taking topics.”

The results of this inaugural effort offered some surprises – including the fact that more than 7 out of 10 of these top music industry executives predict that the Tidal music streaming service won’t survive its first year – a remarkable no-confidence vote in Jay Z, Tidal’s owner.

See more on the surprising results from this first every survey… [Read more…] about More Than 7 Out of 10 Music Industry Execs Say Tidal Won’t Last a Year

Filed Under: Brands, News, Survey Tagged With: Andre Young, Apple Music, Beats, Beyonce', Billboard, Dr. Dre, Jay Z, Jimmy Iovine, Madonna, Rhianna, Shawn Carter, Spotify, streaming, Tidal

Backing Beats – Apple Launches Retaliatory Attack on Monster

June 4, 2015 by Ted 4 Comments

BREAKING NEWS

Monster’s Noel Lee Talks to Us About Latest Lawsuit Developments

Monster logoAs many regular readers know, Strata-gee has been closely following the litigation between Monster, LLC and Beats Electronics, LLC. Although the matter is really just getting started, it appears to be getting really ugly, really quickly. Now we have learned that Apple, Inc. has taken several actions that, according to Monster CEO Noel Lee (who is known as the Head Monster), are pure retaliation over this lawsuit – even though Monster did not sue Apple.

See more on Apple’s actions against Monster that it says are retaliatory… [Read more…] about Backing Beats – Apple Launches Retaliatory Attack on Monster

Filed Under: Brands, Law, Management, News, Pivot Point, Strategy Tagged With: Andre Young, Apple, Beats, Beats by Dr. Dre, Jimmy Iovine, Monster, Noel Lee, Tim Cook

Bad Omen? Beats Wins Round 1 of Monster vs. Beats

May 21, 2015 by Ted Leave a Comment

Judge Agrees with Beats, Transfers Case to Home Turf in LA

Beats by Dr. Dre LogoWe first told you about Monster, LLC and CEO “Head Monster” Noel Lee filing a lawsuit against Beats, LLC alleging fraudulent practices back in January, in a post that was titled in part “Risky Business.” Perhaps now Monster is getting a taste of the riskiness of taking matters to court as they have lost their first battle, on the first issue – where the case would be heard.

Learn more about why the judge found against Monster, and for Beats, on this first issue… [Read more…] about Bad Omen? Beats Wins Round 1 of Monster vs. Beats

Filed Under: Brands, Law, News Tagged With: Andre Young, Apple, Beats, Beats by Dr. Dre, Beats Electronics, Dr. Dre, HTC, Jimmy Iovine, Monster, Noel Lee, Paul Wachter

Legal Guns Blazing, Beats Fires Back at Monster

March 12, 2015 by Ted Leave a Comment

‘Lee Apparently Regrets His Business Decisions…’

Photo of Dr. Dre and Jimmy IovineWe reported to you in January that Monster, LLC and Noel Lee had filed what appears to be a major lawsuit against Beats Electronics, LLC, Andre Young (Beats founder, aka Dr. Dre), Paul D. Wachter (a Beats director), Jimmy Iovine (Beats founder) and HTC (a Taiwanese cell phone manufacturer). The wide ranging suit alleged all sorts of nefarious business practices by the Beats parties – but especially alleged that Beats and HTC engaged in a “sham transaction” solely for the purpose of triggering a “change of control” provision to defraud Monster and Lee out of their rightful interests.

Funny, but Beats see this matter quite differently… [Read more…] about Legal Guns Blazing, Beats Fires Back at Monster

Filed Under: Brands, Law, News Tagged With: Beats, Dr. Dre, HTC, Jimmy Iovine, Monster, Noel Lee

Risky Business: Monster Sues Beats Alleging Fraudulent Practices

January 7, 2015 by Ted Leave a Comment

Noel Lee at CE Week 2014As the 2015 International Consumer Electronics Show (CES) kicked off yesterday in Las Vegas, attorneys for Monster, LLC and owner Noel Lee were busy filing a lawsuit in a California Superior court against Beats Electronics, LLC,  Andre Young (Beats founder better known as Dr. Dre), Paul D. Wachter (a Beats director), Jimmy Iovine (Beats founder), and HTC (a Taiwanese company that allegedly at one time owned a majority interest in Beats). Multiple published reports carried the rather salacious claims by Monster and “Head Monster” Noel Lee about the allegedly nefarious business practices of Beats, its founders, certain directors, and some of its partners.

See more on this surprising litigation… [Read more…] about Risky Business: Monster Sues Beats Alleging Fraudulent Practices

Filed Under: Brands, Law, News, Pivot Point, Survey Tagged With: Andre Young, Beats, Beats by Dr. Dre, Beats Electronics, HTC, Jimmy Iovine, Monster, Paul Wachter

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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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