News
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 exposition spaces in Manhattan. We awaited this year’s edition with great anticipation as it occurs in the wake of a major change in the show’s backers – and is the follow-up to the surprisingly meaningful show last year.
What were the changes, and how did the show go? You’ll have to read on… [Read more…] about Hot Time in the City, It’s CE Week Again
Instead of a Wave, Tidal Turns into a Tempest in a Teapot; Another CEO Exits
Tidal Music Service has, for the second time in only a matter of months, dismissed its CEO. According to a report in the Wall Street Journal, Tidal has dismissed interim chief executive Peter Tonstad who held the position for only about three months. In a statement, they thanked Tonstad for his service.
But Tonstad had a different take on his exit…read on… [Read more…] about Instead of a Wave, Tidal Turns into a Tempest in a Teapot; Another CEO Exits
Denon Intros Two New Atmos AVRs
Denon announced two new A/V receivers (AVRs) on Wednesday, both sporting Dolby’s latest Atmos surround sound technology and, hedging their bets, ready for DTS:X with a free firmware update later this year. These new AVRs are moderately priced and, as is the rule these days, absolutely packed with features.
See more on these new major home theater contenders from Denon… [Read more…] about Denon Intros Two New Atmos AVRs
DOW to Distribute Sony ES Line
Tampa, Fl-based DOW Electronics announced on Tuesday that it will distribute the entire Sony ES line of products, effective immediately. The latest addition to their line-up, DOW says Sony offers a line to dealers that is “protected from online shopping” and has “controlled distribution.”
See more on this development from DOW… [Read more…] about DOW to Distribute Sony ES Line
On Controls Names Director of Control
On Controls, the cloud-based home automation solutions for integrators, announced today that it has named Jeffrey Skalny to Director of Control. In this role, Skalny will report to the company’s CEO directly and will be based out of On Controls Detroit, MI headquarters location.
Who is Skalny and what exactly will he be doing for On Controls? Read on… [Read more…] about On Controls Names Director of Control
Apple Faces the Music – Multiple Investigations Launched
Just days after Apple, Inc. announced its plans to attempt to reassert its leading role in the music distribution and streaming businesses, we learn from the New York Times that two powerful state attorneys general in New York and Connecticut have launched an investigation into Apple’s music licensing practices. The purpose of the investigation is to determine if Apple has broken any antitrust laws in cutting deals that allegedly restrict music industry providers from offering their content on a free basis with other services.
See why there is suspicion of anti-competitive practices by Apple… [Read more…] about Apple Faces the Music – Multiple Investigations Launched
Proxy Adviser Tells Japanese Investors to Vote Out CEOs at Sony & Sharp
We live in interesting times! In a news report out of Japan that is, shall we say, unusual – proxy investment advisory firm ISS is recommending that Japanese shareholders vote against the reelection of the top executives at both Sony Corp. and Sharp Corp. at upcoming annual shareholders meeting for the firms. Coming from the land of consensus and support for local brands, this news is quite surprising.
See more on ISS’s recommendation & the reason they suggest these execs must go… [Read more…] about Proxy Adviser Tells Japanese Investors to Vote Out CEOs at Sony & Sharp
Samsung Display Launches New Transparent & Mirror OLED Displays
See more on Samsung’s new mirror and transparent digital signage displays… [Read more…] about Samsung Display Launches New Transparent & Mirror OLED Displays
D&M Holdings Borrows $25 Million to Build More HEOS
An independent commercial finance company, Siena Lending Group, announced last week that it has worked with North Mill Capital to close on a three-year asset-based revolving credit facility in the amount of $25 million with D&M Holdings, Inc. and D&M Canada, Inc. Siena says that the funds will support D&M’s growth and their “seasonal working capital requirements.” It will also, apparently, help Denon grow their HEOS line. Why do we say that? Read on…
