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You are here: Home / Archives for Tascam

Tascam

Gibson Investment Gone, Onkyo Sells Off European Operations

July 6, 2018 by Ted 1 Comment

In Restructuring, Company Scales Back to ‘Core Competencies’

onkyologoAll the way back in 2012, Onkyo Corp. and Gibson Guitar Corp. came together to partner in what both hoped would become an entity where the whole was greater than the sum of the parts. Just months after their announcement, Onkyo forged ties to another Japanese audio brand, Teac/Tascam – just as Gibson stepped in to buy a majority share of them…and the combined entity began to grow.

Little did they know that just six short years later, Gibson, the investor in Onkyo, would implode into bankruptcy – forced to extricate itself from its Onkyo aspirations. Onkyo was hit as well, losing its Gibson investment – forcing them to reassess their direction. We now learn that Onkyo has sold off its entire European operations to an accessory distributor known as Aqipa GmbH.

See more on this surprising announcement by Onkyo… [Read more…] about Gibson Investment Gone, Onkyo Sells Off European Operations

Filed Under: Asian Connection, Brands, Distributors, Industry Trends, Management, Manufacturers, News, Pivot Point, Strategy Tagged With: Aqipa, Esoteric, Europe, Gibson, Gibson Brands, Gibson Guitar, Integra, Onkyo, Philips, Pioneer, Tascam, Teac, WOOX, Woox Innovations

Docs Show Gibson Bankruptcy Bigger Than You Think

May 2, 2018 by Ted 2 Comments

Photo of Gibson CES promoFounded in 1894, it is a mark of their long-term brand success that Gibson has become such a large and far-flung international organization. In a cursory review of documents submitted to the court as part of their bankruptcy filing shows, legendary performers such as Muddy Waters, BB King, Elvis Presley, Pete Townsend, Keith Richards, Duane Allman, Elvis Costello, Lenny Kravitz, Slash, Dave Grohl, Joe Bonamassa all used various Gibson products that, in some cases, became a signature of that performer. And yes, the bankruptcy filing promotes these iconic names.

But from these Gibson filings, we’ve learned so much more… [Read more…] about Docs Show Gibson Bankruptcy Bigger Than You Think

Filed Under: Asian Connection, Brands, Financial, Management, Manufacturers, News, Pivot Point, Strategy Tagged With: bankruptcy, David Berryman, Gibson Brands, Gibson Guitar, Henry Juszkiewicz, Integra, Onkyo, Tascam, Teac

Options Narrowing as Gibson & KKR Talks Fail

April 11, 2018 by Ted Leave a Comment

Photo of Gibson CES promoWe learned last week that talks between Gibson Brands and deal making king KKR Credit Advisors fell apart in a dispute over “the appropriate consideration for the various parties involved,” according to a statement from Gibson Brands. As yet another bail-out opportunity slips by them, Gibson Brands sees their options narrowing, with an August deadline on a required financial restructuring of more than $500 million of debt rapidly approaching.

See more on this dire situation at Gibson Brands… [Read more…] about Options Narrowing as Gibson & KKR Talks Fail

Filed Under: Brands, Financial, Management, Manufacturers, News, Pivot Point Tagged With: Cerwin-Vega, Dave Berryman, David Berryman, Esoteric, Gibson, Gibson Brands, Gibson Guitar, Henry Juszkiewicz, Integra, KRK Systems, Onkyo, Stanton, Tascam, Teac, WOOX, Woox Innovations

Gibson, After Light Pruning, Plans Global Layoffs

March 15, 2018 by Ted 2 Comments

Hundreds of Employees Facing Pink Slips

Gibson CEO Juszkiewicz
Gibson’s CEO Henry Juszkiewicz

Gibson Brands, a major provider of musical instrument and consumer electronics products, is in the midst of a widely reported liquidity crisis. With more than $500 million dollars in notes coming due late this summer, the company is seeking a knight in shining armor to ride in on a white horse with a big bag of money to refinance the company’s crushing debt.

To make the company appear attractive to a lender or investor, at the end of February the company sold off its shuttered Cakewalk division and laid off about 15 employees from its famous Custom Shop. Now we learn the company is planning more substantial layoffs across the board.

See more on this latest development at Gibson… [Read more…] about Gibson, After Light Pruning, Plans Global Layoffs

Filed Under: Brands, Financial, Manufacturers, Strategy Tagged With: Esoteric, Gibson Brands, Gibson Guitar, Henry Juszkiewicz, Integra, Onkyo, Philips, Pioneer, Tascam, Teac, Teac/Tascam, WOOX

CEO Says Gibson Will Dump Brands

February 22, 2018 by Ted Leave a Comment

Financials Show Sales & Profits Continue to Slide

Photo of Gibson CEO Henry Juszkiewicz
Henry Juszkiewicz, CEO

Gibson Brands CEO Henry Juszkiewicz continues to profess confidence that the company will be able to successfully refinance their over $500 million debt before a mid-year maturation comes due. Telling the Nashville Post that the company is going through a little “spring cleaning,” Juszkiewicz says the company already dropped their Cakewalk music software group, and other brands in their portfolio are next to go. But a financial report to bondholders shows continued deterioration of both sales and profits, suggesting that simply pruning a few brands from the portfolio may not be enough to attract new investors or lenders.

See more on the dire situation at Gibson Brands… [Read more…] about CEO Says Gibson Will Dump Brands

Filed Under: Brands, Financial, Management, Manufacturers Tagged With: Esoteric, Gibson Brands, Gibson Guitar, Henry Juszkiewicz, Integra, Onkyo, Pioneer, Tascam, Teac, Teac/Tascam

Gibson Brands Takes Control of Onkyo Corp.

July 5, 2017 by Ted Leave a Comment

BREAKING NEWS

onkyologo

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 higher-quality electronics began in 2012. This small announcement portends a potentially significant change in the relationship between the two entities.

See more on this news out of Japan about Gibson and Onkyo… [Read more…] about Gibson Brands Takes Control of Onkyo Corp.

Filed Under: Asian Connection, Brands, Management, Manufacturers, News, Strategy Tagged With: Elite, Esoteric, Gibson Brands, Gibson Guitar, Henry Juszkiewicz, Integra, KRK, Onkyo, Onkyo USA, Pioneer, Stanton, Tascam, Teac, WOOX

Niche Speaker Manufacturer Cabasse Appoints Integra as U.S. Distributor

March 19, 2014 by Ted 2 Comments

Integra_Black_HighRes2In a brief announcement today, Cabasse – a French loudspeaker manufacturer with a small niche following here in the U.S. – announced that it has appointed electronics brand Integra as its “exclusive” distributor for the United States. This new relationship takes effect retroactively to March 1, 2014.

See more on this announcement which some industry observers found strange… [Read more…] about Niche Speaker Manufacturer Cabasse Appoints Integra as U.S. Distributor

Filed Under: Brands, Distributors, Industry Trends, Marketing, News, Specialty, Strategy Tagged With: Cabasse, Esoteric, Gibson, Gibson Brands, Gibson Guitar, Henry Juszkiewicz, Integra, KRK Systems, Stanton, Tascam, Teac

Gibson Brands Strikes Again – Seeks to Acquire Cakewalk from Roland

September 24, 2013 by Ted Leave a Comment

Logo for Gibson BrandsGibson Brands announced this week that it it has signed a letter of intent with Roland Corp. and Cakewalk, Inc. to acquire Cakewalk Inc., a music software company, for an undisclosed amount. The deal is pursuant to the successful negotiation and execution of a definitive agreement.

And with acquisition, Gibson says it will launch a new brand, Tascam Professional Software to sell the Cakewalk product line. See more on this acquisition below… [Read more…] about Gibson Brands Strikes Again – Seeks to Acquire Cakewalk from Roland

Filed Under: Brands, Management, Manufacturers, News, Pivot Point, Strategy Tagged With: acquisition, Cakewalk, Cerwin-Vega, Gibson Brands, Henry Juszkiewicz, KRK, Onkyo, Stanton, Tascam, Teac

First Onkyo – Now Gibson Guitar Acquires Majority of Teac; Can Gibson Put the Pieces Together?

April 3, 2013 by Ted Leave a Comment

Graphic showing jigsaw puzzle piecesGibson Guitar Corp. announced last Friday morning at 4:00AM EDST that it would acquire a controlling interest in Japan’s Teac Corp, extending it’s entré into consumer electronics market via newly affordable, if struggling, Japanese companies. Last year, Gibson took a significant minority stake in Onkyo Corp., and additionally purchased a majority share of Onkyo’s American subsidiary, Onkyo USA. Teac, with both a consumer business under the Teac and Esoteric brands, and a professional business under the Tascam brand, broadens Gibson’s consumer and pro initiatives.

Can Gibson put the pieces together into a cohesive – and profitable – group?… [Read more…] about First Onkyo – Now Gibson Guitar Acquires Majority of Teac; Can Gibson Put the Pieces Together?

Filed Under: Brands, Management, Manufacturers, Marketing, News, Pivot Point, Retailers, Strategy Tagged With: Esoteric, Gibson Guitar, Henry Juszkiewicz, Onkyo, Phoenix Capital, Tascam, Teac, Yuji Hanabusa

Though Ink Not Yet Dry on Gibson Deal, Onkyo Launches Another Partnership with Teac

January 23, 2012 by Ben Leave a Comment

Onkyo logo<January 22, 2012> Just days after news reports of the formation of a strategic partnership between Osaka, Japan-based Onkyo Corporation and Nashville, Tennessee-based Gibson Guitar Corporation – a new report by the Nikkei says that Onkyo has now formed yet another new strategic partnership with Teac Corporation. While details are sketchy, apparently the two reached an agreement this past Friday, January 20th. [Read more…] about Though Ink Not Yet Dry on Gibson Deal, Onkyo Launches Another Partnership with Teac

Filed Under: Asian Connection, Brands, Industry Trends, Management, Manufacturers, Marketing, News, Pivot Point Tagged With: Bloomberg BusinessWeek, Gibson Guitar, Japan, Nashville, Nikkei, Onkyo, Osaka, Tascam, Teac, Tennessee, Tokyo

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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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