Gibson Brands Hires New COO, Hit With Another Credit Downgrade

Gibson Brands announced Tuesday that it has hired Lee Cheng as its new Chief Operating Officer (COO) and executive vice president. This appointment takes effect immediately and follows a recent additional credit downgrade by the Moody’s Investor Service. See more … Continue reading

Gibson Brands Puts Assets Up For Sale

Just two weeks after we told you about Moody’s Investors Service downgrading Gibson Brands credit to junk status, the company has put two of their properties up for sale in an apparent effort to raise some much-needed cash. According to … Continue reading

Moody’s Downgrades Gibson Brands Credit to Junk

Gibson Brands CEO Responds to Moody’s Downgrade The music industry is positively buzzing about the announcement late last week by Moody’s Investors Service that, for the second time in three months, it has downgraded the credit rating of Nashville, Tennessee-based … Continue reading

Industry Personality & Technology Enthusiast Len Schneider Passes Away

A truly unique industry personality – and unabashed technology enthusiast – Len Schneider passed away Monday, after a brief illness. Most recently known as the President of TechniCom Corp., an industry marketing company offering product development capabilities and technical writing … Continue reading

Hot Time in the City, It’s CE Week Again

New York City in June sees temperatures rise in response to the onset of summer and also, hopefully, in response to the launch of the hottest new technologies being shown at CE Week at the Metropolitan Pavilion and Altman Building … Continue reading

Onkyo Sets New Global Strategy Focused On Portables & Headphones

Osaka, Japan-based Onkyo Corporation says it has set a new global growth strategy that will focus on launching portable music players and headphones, thanks largely to resources it received in its acquisition of Pioneer’s home AV division. In an interview … Continue reading

Bloomberg Reporter Asks ‘Why is Sharp Still With Us?’

We’ve been reporting for a while now on the epic survival struggles of some of this industry’s biggest brand names in Japan…most recently Sharp Corp. Some of the changes we’re seeing now were unforeseeable even 24-36 months ago – Sony … Continue reading

Having Dumped Everything Else, Pioneer Makes Plans to Dominate Car Electronics

About the AV biz? Hoping Onkyo Keeps the Pioneer Name… In a revealing interview with the Nikkei in Tokyo, Pioneer Corp. President Susumu Kotani said that Pioneer – after spending several months selling off all of its divisions other than … Continue reading

Pioneer Says Merger Talks with Onkyo Continue; But Equity Partner Appears Sidelined

Pioneer Corporation released an interesting document on September 12th – while much of the tech media was in Denver for CEDIA – titled Notice with Respect to Basic Agreement for the Integration of Pioneer’s Home AV Business and Onkyo. This … Continue reading