Sources are telling Strata-gee that movie media server specialist Kaleidescape is undergoing a new round of turmoil, terminating manufacturer sales representatives and executives. Reports from multiple sources indicate the company is undergoing some type of transformation. However, details are sparse as to just exactly what is transpiring there. I asked Kaleidescape for comment and they responded.
ISUS in America? Emerald Adds a Commercial Show to CEDIA Expo; Exhibitors React
Emerald Expositions (NYSE: EEX), the national B2B trade show company that owns CEDIA Expo, CE Pro, and Commercial Integrator surprised the industry at the recent CEDIA Expo 2022 by abruptly announcing that next year they will be “co-locating” a show for commercial integrators at the same time and in the same facility. Reaction to this announcement was…to put it mildly…mixed. Is Emerald trying to imitate the Integrated Systems Europe (ISE) show – an event for both residential and commercial businesses – by launching an ISUS (Integrated Systems United States) event??
Do you wonder why there was a mixed reaction to Emerald’s move? Read on…
See why some big exhibitors were not happy with the Emerald announcement…
[Read more…] about ISUS in America? Emerald Adds a Commercial Show to CEDIA Expo; Exhibitors ReactIn Executive Team Expansion, Fidelity Imports Appoints Director of Finance and Operations
Fidelity Imports, a U.S. importer and distributor of fine, upscale audio products, announced this month the appointment of Derek Kolterman as Director of Finance and Operations. The move is said to be the result of dramatic company growth driving the need for personnel expansion.
See more on Fidelity Imports and Derek Kolterman
[Read more…] about In Executive Team Expansion, Fidelity Imports Appoints Director of Finance and OperationsMasimo Corp., Parent of Sound United, Announces Mixed Fiscal ’22 Q3 Results
Masimo Corporation (NASDAQ: MASI), the parent company of Sound United, announced its financial results for fiscal 2022, third quarter this week, which covers the 90-day period ending on October 1, 2022. Results for the company, which makes and sells medical equipment and AV products, were mixed, showing good growth in revenues (sales) but a decline in earnings (profits).
Why were results mixed? Read on…
See more on the earnings report by Masimo
[Read more…] about Masimo Corp., Parent of Sound United, Announces Mixed Fiscal ’22 Q3 ResultsSonance Names National Sales Manager for Canada Biz Transition
Sonance announced last week that it was transitioning its business model in Canada from one centered around a distribution model with an in-country partner responsible for all sales and servicing in the country to a new direct one where Sonance HQ will directly handle all sales and service of its products there. This week, we learn that the company has appointed a new National Sales Manager for Canada, responsible for implementing this new business model, building an all-new sales team, and managing their sales operations there.
That new executive is Toronto-based sales professional Brad Middleton.
Learn more about Sonance appointing Brad Middleton
[Read more…] about Sonance Names National Sales Manager for Canada Biz TransitionEmerald Reports Q3 Results; Its Relief is Palpable w/COVID Finally Behind Them
Owner of CEDIA Expo and CEPro Reports Recovery from COVID Era
Emerald Holding, Inc. (NYSE: EEX), parent company of Emerald Expositions, a large B2B trade show, conference, and event company, reported the financial results of its fiscal third quarter and you could almost feel the relief of a company rapidly climbing its way out of the deep hole into which COVID-19 had thrust them. I follow Emerald’s results because the company owns the CEDIA Expo trade show, as well as CE Pro and other media properties that participate in the custom integration industry.
See more on Emerald’s Q3 results
[Read more…] about Emerald Reports Q3 Results; Its Relief is Palpable w/COVID Finally Behind ThemIn Stinging Rebuke, a Double-Digit Percentage of CEDIA Members Vote No on Slate
After Obvious Failure of Transparency, CEO Says He’s Learned a ‘Lesson’
On Wednesday, CEDIA Global President and CEO Daryl Friedman sent a letter to all members advising them that the election process for new Board members has been completed – and that the slate of three Board-selected candidates for the three open Board seats has now been filled by Stephan Goodhue, Jennifer Mallett, and James Ratcliffe. The cheery tone of the letter belies the fact that the election process was viewed by many as tainted and has inflamed anger from what seems to be a fairly significant percentage of members who resent losing the opportunity to vote for a candidate of their choice.
However, in this letter, Friedman did allow that “…we need to do a better job of communication.”
See more on the CEDIA letter to members
[Read more…] about In Stinging Rebuke, a Double-Digit Percentage of CEDIA Members Vote No on SlateWiSA Technologies Puts Up a ‘For Sale’ Sign
On Monday, WiSA Technologies, Inc., a “developer of spatial, wireless sound technology for smart devices and next-generation home entertainment systems,” announced that it has hired an advisor to aid them in moving forward with an “exploration of strategic alternatives” for the company.
In other words, it is putting itself up for sale.
See more on WiSA looking for a buyer
[Read more…] about WiSA Technologies Puts Up a ‘For Sale’ SignDraper Adds Muscle to Residential Push, Promoting Two from Within
Draper Inc., a major manufacturer of shades, projection screens, solar control solutions, and more, announced this week a move to build up its management infrastructure to support its push into the residential custom integration channel. As part of this process, it has promoted Chris Sitarov and Pat Herron from within to two new Director of Sales roles overseeing the company’s sales force.
See more on this move by Draper
[Read more…] about Draper Adds Muscle to Residential Push, Promoting Two from WithinSonance Residential Biz In Canada to Go From Distributor to Company Direct
Sonance announced this week that it is transitioning its residential business in Canada to a direct model, ending its distributor-led approach that has existed there for several years. Beginning on January 1, 2023, all sales and service of residential products from Sonance, James Loudspeaker, and IPORT will be handled directly by Sonance’s salesforce.