Gibson Stuns the Music World, Shuts Down Cakewalk

Acquired in 2013, Cakewalk was Killed for Philips, Gibson Says In what many in the industry are suggesting is yet another indicator of struggles at Gibson Brands, the company announced a little over a week ago that it would wind … Continue reading

Gibson Brands Continues to Show Signs of Strain

Downsizing Factory & Dilution of Onkyo Ownership Recent developments have thrust Gibson Brands back into the spotlight once again – a spot that CEO Henry Juszkiewicz doesn’t particularly enjoy, unless he’s there on his own terms. But this time, two … Continue reading

Gibson Brands Takes Control of Onkyo Corp.

BREAKING NEWS In a filing with Japan’s JASDAQ stock exchange, Onkyo revealed this week that at the end of June, major investor Gibson Brands became the largest shareholder for the first time since its relationship with the Osaka-based manufacturer of … Continue reading

Onkyo Internally Announces Major Sales Structure Reorganization

BREAKING NEWS Four Major Brands to be Consolidated into Two Divisions In a national conference call with sales reps yesterday, Onkyo announced a major restructuring of their sales organization. This overhaul involves consolidating their four major brands – Onkyo, Integra, … Continue reading

Dirac Cuts Interesting Deal with Pioneer

Dirac Research, a provider of high-quality room and loudspeaker optimization technologies, announced today that it has reached an agreement with Pioneer Corporation to distribute their digital technologies in the OEM market in Japan. The deal, their first with a relatively … 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

Michigan Rep Says Betting on Retail Sales Teams is Always a Good Gamble

Rep Firm Holds Casino Night for Major Retailer’s Sales Staff – Everyone Wins, Especially the Sponsors Walled Lake, Michigan-based sales representative company QMI, Inc. (The QMI Group) held a Casino night on Sunday, August 23rd for the sales staff of … 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

ELAC Returns to N. America w/New Speakers Designed by Andrew Jones

Company Opens New S. California Design Center German speaker manufacturer ELAC announced today that it has returned to the North American market with a new line of speakers, a new U.S. design center and – perhaps most significantly – a … 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