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You are here: Home / Archives for Klipsch

Klipsch

Premium Audio Company Elevates Rob Standley and Lowers Prices

May 4, 2023 by Ted 3 Comments

A system with Klipsch speakers, part of Premium Audio Company

A couple of interesting announcements this week from Premium Audio Company (PAC), the Voxx Int’l subsidiary that markets the company’s premier audio brands such as Klipsch, Onkyo, Integra, Jamo, Pioneer, Elite, and more. First up, Rob Standley gets a big promotion to President of Technology and Product, a big step up. Second, and I would say counter-intuitively, the company says it’s lowering prices on many of its “most popular and best-selling audio solutions.”

Learn more on these latest moves from Premium Audio Company

[Read more…] about Premium Audio Company Elevates Rob Standley and Lowers Prices

Filed Under: Brands, News, People, Strategy Tagged With: Integra, Klipsch, Onkyo, Pioneer, Pioneer Elite, Premium Audio Company, Rob Standley, Voxx International, VOXX Intl

New TX-RZ70 Tops the Onkyo Line as Its Flagship Model

March 30, 2023 by Ted 2 Comments

Photo of the new Onkyo TX-RZ70

On Monday, Premium Audio Company (PAC) announced the launch of the Onkyo TX-RZ70, a flagship audio-video receiver that the company says provides “stellar audio performance” along with “studio-level processing.” As a “flagship,” by definition, this model is at the top of the Onkyo AVR line-up and is being launched just three-and-a-half weeks after the launch of Integra’s flagship model, the DRX-8.4.

See more on this top Onkyo AVR

[Read more…] about New TX-RZ70 Tops the Onkyo Line as Its Flagship Model

Filed Under: Dealers, Integrators, Manufacturers, News, Products Tagged With: Klipsch, Onkyo, Premium Audio Company, Rob Standley

VOXX Int’l Launches E-Commerce Platform Selling Premium Audio Co. Brands

September 22, 2022 by Ted Leave a Comment

Voxx Int'l home page

VOXX International Corporation (VOXX), owner of Premium Audio Company (PAC) and many other brands, announced this week that it has launched a new e-commerce platform. This new platform is initially being rolled out at Premium Audio Company – the division that operates brands such as Klipsch, Jamo, Onkyo, Integra, Pioneer, Elite, Magnat, and Heco.

Learn more on Voxx’s top brands being sold through e-commerce

[Read more…] about VOXX Int’l Launches E-Commerce Platform Selling Premium Audio Co. Brands

Filed Under: Brands, Integrators, Management, Manufacturers, Marketing, Strategy Tagged With: Jill Escol, Klipsch, Pat Lavelle, Premium Audio Company, Voxx International

Osaka District Court Approves Onkyo Bankruptcy Petition for Two Subsidiaries

April 20, 2022 by Ted 4 Comments

Onkyo Home Entertainment Co. Ltd. (Onkyo) has announced that its two consolidated subsidiaries – Onkyo Sound Co. Ltd. (ONS) and Onkyo Marketing Co. Ltd (OMC) – have filed for bankruptcy. The company said that it had petitioned the court to begin bankruptcy proceedings for these divisions and has received judicial approval to begin the bankruptcy process from the Osaka District Court in Osaka, Japan.

See more on the bankruptcy of these Onkyo subsidiaries

[Read more…] about Osaka District Court Approves Onkyo Bankruptcy Petition for Two Subsidiaries

Filed Under: Asian Connection, Financial, Management, Manufacturers, News, Strategy Tagged With: 11 Trading Company, bankruptcy, Klipsch, Onkyo, Premium Audio Company, Sharp, Voxx International

Voxx Announces Final Deal to Acquire Onkyo, with a Twist

June 29, 2021 by Ted 1 Comment

onkyo portable record player

Voxx International has announced that they have finalized their agreement to partner with Sharp Corporation to acquire the Home Entertainment Division of Onkyo – news that Strata-gee readers knew about last week. The news comes as a result of Onkyo shareholders voting last Friday to approve the sale of the company to Voxx’s subsidiary known as the Premium Audio Company. Not much was new here on the Onkyo front, as we already told you about the deal only covering the Onkyo and Integra brands. However, we did learn some more interesting details on the company’s attempts relative to the Pioneer and Pioneer Elite brands.

See what’s happening with Voxx, Onkyo & Pioneer

[Read more…] about Voxx Announces Final Deal to Acquire Onkyo, with a Twist

Filed Under: Asian Connection, Brands, Distributors, Management, Manufacturers, News, Strategy Tagged With: 11 Trading Company, Integra, Klipsch, Onkyo, Pioneer, Pioneer Elite, Premium Audio Company, Voxx International

End of an Era: Onkyo Shareholders Vote to Sell Off Home Entertainment Division

June 25, 2021 by Ted Leave a Comment

Photo of Onkyo Atmos models at CE Week
Onkyo Atmos-ready AV models at a past CE Week [Click to enlarge]

BREAKING NEWS

In a rather terse announcement to investors posted today, Onkyo Home Entertainment Company, Ltd. announced that, by a majority vote of company shareholders, the sale of the company’s Home Entertainment Division to Voxx International has been approved. This vote of approval was widely anticipated and represents the last formality in the transfer of the company over to Voxx. This is the first time since 1945 that Onkyo’s parent company is no longer involved in the home entertainment business.

See more on this end of an Onkyo era

[Read more…] about End of an Era: Onkyo Shareholders Vote to Sell Off Home Entertainment Division

Filed Under: Asian Connection, Brands, Financial, Management, Manufacturers, News Tagged With: 11 Trading Company, acquisition, Klipsch, Onkyo, Onkyo Corp., Onkyo Corporation, Onkyo U.S.A. Corporation, Premium Audio Company, Voxx International

VOXX Finally Speaks: We Have an Agreement to Purchase Only Onkyo

June 3, 2021 by Ted 1 Comment

onkyo logo

Well after much coverage on the VOXX/Onkyo deal by Strata-gee, in which VOXX remained strangely silent, the company finally issued a press release today in which they acknowledged that they had signed an asset purchase agreement (APA) with Onkyo for $30.8 million. The deal remains subject to approval by Onkyo shareholders in a vote scheduled to take place on June 25, 2021.

This news was likely not a surprise to Strata-gee readers. But what was a surprise is that this purchase does NOT include the Pioneer and Pioneer Elite brands.

See more on the latest news out of VOXX about Onkyo

[Read more…] about VOXX Finally Speaks: We Have an Agreement to Purchase Only Onkyo

Filed Under: Asian Connection, Financial, Management, Manufacturers, News, Strategy Tagged With: 11 Trading Company, acquisition, Klipsch, Onkyo, Onkyo Home Entertainment Corp, Pioneer, Pioneer Elite, Premium Audio Company, Voxx International

Onkyo Directors Vote to Authorize the Sale of the Company in $30.3M Deal

May 28, 2021 by Ted 9 Comments

On Wednesday, at a specially convened meeting of the Board of Directors for Onkyo Home Entertainment Co. Ltd. (Onkyo), company directors formally voted to authorize the transfer of Onkyo’s home AV division to the partnership of VOXX, Intl. and Sharp Corporation, in a deal valued at $30.3 million. The transaction is pending shareholder approval. This development represents real progress on a deal that had appeared to be bogged down recently.

See more on this deal as it gets back on track

[Read more…] about Onkyo Directors Vote to Authorize the Sale of the Company in $30.3M Deal

Filed Under: Asian Connection, Financial, Management, News, Strategy Tagged With: 11 Trading Company, acquisition, Integra, Klipsch, Onkyo, Pioneer, Pioneer Elite, Premium Audio Company, Voxx International

Budding Onkyo & Voxx Romance Grows, Adds Teac & Esoteric to 11 Trading Company

April 15, 2021 by Ted Leave a Comment

photo of teac component once part of Onkyo now to be distributed by 11 Trading Company

This week we learned that 11 Trading Company…part of Premium Audio Company…which itself is part of Voxx International (love those big corporate structures), has added the only remaining Onkyo brands – Teac & Esoteric – to their distribution line list. They did not include these brands in the original announcement of their agreement with Onkyo, but most people expected it to be added in time. With this new development we get a nice progression of the budding relationship between the companies – Voxx distributing Onkyo, Integra, Pioneer, Pioneer Elite, Teac & Esoteric – while Onkyo Corp. becomes the Klipsch distributor in Japan. Where could this be heading?

See more on Onkyo & Voxx/11 Trading Company partnership…

[Read more…] about Budding Onkyo & Voxx Romance Grows, Adds Teac & Esoteric to 11 Trading Company

Filed Under: Asian Connection, Brands, Distributors, News, Pivot Point, Strategy Tagged With: 11 Trading Company, Esoteric, Integra, Joe Petrillo, Keith Haas, Klipsch, Onkyo, Pioneer, Pioneer Elite, Premium Audio Company, Rob Standley, Teac, Voxx International

VOXX Int’l Reveals It’s Been Hit By a Ransomware Attack

September 30, 2020 by Ted Leave a Comment

Warns that Sensitive Employee & Contractor Info Compromised

VOXX International Corporation (NASDAQ:VOXX) revealed this week that they were the victim of a ransomware attack in July and that an assessment of the hack completed early this month shows that sensitive and confidential employee and contractor information has been compromised. The company has issued a warning to all employees and contractors who have worked for the company over the last 20-years.

See more on this surprising VOXX ransomware attack…

[Read more…] about VOXX Int’l Reveals It’s Been Hit By a Ransomware Attack

Filed Under: Brands, Crime, Law, Management, Manufacturers, News Tagged With: Klipsch, ransomware, Voxx International

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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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