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Management

B&W Acquired by EVA Automation

May 3, 2016 by Ted Leave a Comment

BREAKING NEWS

B&W logoBowers & Wilkins (B&W) announced this morning that they have been acquired by EVA Automation, a Silicon Valley-based technology company founded just two years ago by Gideon Yu. Yu is a well-known sports and technology executive that has launched EVA Automation with the expressed goal of “reimagining the audio/video experience by making products that will change how people interact and think about the home.”

He is also, apparently, a B&W enthusiast. See more… [Read more…] about B&W Acquired by EVA Automation

Filed Under: Brands, Financial, Industry Trends, Management, News, Pivot Point, Strategy Tagged With: acquisition, B&W, Bowers & Wilkins, EVA Automation, Gideon Yu, Joe Atkins

Chaos in Cupertino: Apple’s First Quarterly Sales & Profit Decline in 13 Years

April 27, 2016 by Ted 1 Comment

iPhone Sales Fall for the First Time in Its History

Photo of Apple store in ChinaCupertino, CA-based Apple, Inc. announced its fiscal first quarter results yesterday and it wasn’t a pretty picture. And although Wall Street acted with shock, no one should have been surprised as Apple had warned this would be a tough quarter back in January. Apple remains a huge and cash-rich company, but the deeper you dig into this latest report, the more obvious it becomes that there is a legitimate cause for concern.

See more on this tough quarter by the Tech’s largest company… [Read more…] about Chaos in Cupertino: Apple’s First Quarterly Sales & Profit Decline in 13 Years

Filed Under: Financial, Management, News, Strategy Tagged With: Apple, Apple Music, iPad, iPhone, Mac, Macintosh, Steve Jobs, Tim Cook

McIntosh Program to Supply Celebrities Cut Dealers Out

April 14, 2016 by Ted 5 Comments

Company Says No Such Program Exists Today

McIntosh LogoWe’ve recently learned about a program at McIntosh Laboratory, Inc., in which the company approached select prominent individuals, such as famous musicians or other celebrities, and provided them with McIntosh products directly, without the involvement of its dealers. The program, according to sources, was launched by Linda Passaro, a former Vice President of Global Sales and Marketing for McIntosh when it was part of D&M Holdings. Passaro was terminated in November 2011 by President Charlie Randall, but the program apparently remained in force for some time.

See more on this program that is a sore spot with some McIntosh dealers… [Read more…] about McIntosh Program to Supply Celebrities Cut Dealers Out

Filed Under: Management, Manufacturers, Marketing, News, Sales, Strategy Tagged With: Charlie Randall, Linda Passaro, Mark Christensen, McIntosh, McIntosh Labs

Tidal Targets Netflix – Adding Movies to Service

March 31, 2016 by Ted Leave a Comment

Company Reports Stunning Growth Numbers

Photo of Jay Z and Beyonce
Jay Z, with his wife Beyonce

Tidal, the high quality music streaming service purchased by rapper Jay Z one year ago, is said to be adding movie streaming to their service, Page Six (part of the New York Post) reported yesterday. According to the report, Tidal has already notified Apple that it intends to add movie streaming to its app, formally starting the required approval process.

Tidal has had an exceptionally challenging year, with three CEOs in nine months. Will opening up to competition on a movie service make things better?

See more on this surprising development… [Read more…] about Tidal Targets Netflix – Adding Movies to Service

Filed Under: Industry Trends, Management, News, Pivot Point, Strategy Tagged With: Apple, Apple Music, Beyonce', Jay Z, Jimmy Iovine, streaming, Tidal

On Saturday, Sharp Becomes Taiwanese

March 30, 2016 by Ted 1 Comment

Savvy Negotiating by Gou Lands Him Sharp At a Discount

Photo of Terry Gou
Terry Gou, Chairman
Hon Hai Presicion
Foxconn

The Boards of both Hon Hai Precision Industry Co. (better known as Foxconn) and Sharp Corp. have approved the acquisition of 66% of the outstanding shares of Sharp by the Taiwanese OEM manufacturer of largely Apple, Inc. products. This day came largely as a result of some savvy negotiations and tactics from Foxconn’s CEO Terry Gou, who overcame tremendous odds to score this win.

Gou not only won Sharp, but he won it at a discount…see more… [Read more…] about On Saturday, Sharp Becomes Taiwanese

Filed Under: Asian Connection, Financial, Management, News, Pivot Point Tagged With: Foxconn, Hon Hai Precision Industry Co., Kozo Takahashi, Sharp, Sharp Corp., Terry Gou

Gibson Brands Puts Assets Up For Sale

March 24, 2016 by Ted 1 Comment

Second Gibson property up for sale
Gibson warehouse for sale in Nashville

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 local reports, both properties contain warehouses and are located in redevelopment areas in downtown Nashville.

See more on this new Gibson development… [Read more…] about Gibson Brands Puts Assets Up For Sale

Filed Under: Brands, Financial, Management, News, Strategy Tagged With: Gibson Brands, Gibson Guitar, Moody's Investor Service, Onkyo, Philips, Teac, WOOX

Moody’s Downgrades Gibson Brands Credit to Junk

March 10, 2016 by Ted 10 Comments

Gibson Brands CEO Responds to Moody’s Downgrade

Photo of Gibson busThe 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 Gibson Brands. Gibson (formerly Gibson Guitars) is a tightly held private company that launched an aggressive diversification strategy a few years ago, focusing on acquiring several consumer electronics brands such as Onkyo Corp. and Teac, Corp. and recently Philips.

Now Moody’s suggests the debt used to acquire these brands is dragging the company down… [Read more…] about Moody’s Downgrades Gibson Brands Credit to Junk

Filed Under: Brands, Financial, Management, Manufacturers, News, Strategy Tagged With: Gibson, Gibson Brands, Gibson Guitar, Henry Juszkiewicz, Onkyo, Pioneer, Teac

After Big Setback, Sharp-Foxconn Deal Expected Soon

March 9, 2016 by Ted Leave a Comment

Newly Discovered Liabilities Nearly Derail Deal

Photo of Terry Gou
Terry Gou

In what most Japanese media are calling a due diligence blunder, a potential deal for Hon Hai Precision Industry, better known as Foxconn, to buy Sharp Corp. was nearly scuttled when over $3 billion in potential additional liabilities suddenly came to light. The development caused Foxconn to pull back and, ultimately, launch an even deeper and more detailed analysis of the opportunity.

With talks back on track, a deal is now expected by March 31st… [Read more…] about After Big Setback, Sharp-Foxconn Deal Expected Soon

Filed Under: Asian Connection, Financial, Management, News, Pivot Point, Strategy Tagged With: Foxconn, Hon Hai Precision Industry Co., Sharp, Sharp Corp., Terry Gou

In Eye of Storm, McIntosh Hit with Management Shake-Up

March 3, 2016 by Ted 4 Comments

BREAKING NEWS

McIntosh LogoWe have learned through multiple sources that McIntosh Labs, the high-end American brand that was thrust into the limelight recently when it came to light that the company was authorizing internet sales of its specialty brand, has experienced a bit of a management shake-up. Specifically, two top executives have resigned their positions at the company in just the last few days.

See what we’ve uncovered about this change at McIntosh… [Read more…] about In Eye of Storm, McIntosh Hit with Management Shake-Up

Filed Under: Management, Marketing, News, Pivot Point, Specialty Tagged With: Chris Smith, Marc Lamb, McIntosh, McIntosh Labs, World of McIntosh

Federal Government Hits B&H Photo Video with Discrimination Lawsuit

March 2, 2016 by Ted Leave a Comment

B&H logoLast week the U.S. Department of Labor filed a lawsuit against B&H Photo Video, accusing the major New York retailer of discriminatory practices. This lawsuit is said to be the second time in nine years the owners of B&H have run afoul of the government.

See the surprising and disturbing contents of the case against B&H… [Read more…] about Federal Government Hits B&H Photo Video with Discrimination Lawsuit

Filed Under: Law, Management, News, Retailers Tagged With: B&H, B&H Foto & Electronics Corp., B&H Photo Video, U.S. Department of Labor

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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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