In a letter to dealers sent Thursday evening, Kaleidescape CEO Cheena Srinivasan says the company is back in business, but in a leaner, lower overhead way. The news, which the industry rumor mill was buzzing about all day Thursday, is a bit of a surprise considering the company was completely shut down just a couple of weeks ago.
Strategy
Sharp in Negotiations to Buy Back Building Sold Only Months Ago
New Owner’s Moves Continue to Confound the Japanese Media
News comes out of Japan that the new owners of Sharp are in the process of buying back a building the old management sold off when seeking to improve profitability by reducing overhead. Now, new management – made up of former Foxconn executives – are doing an about-face and looking to repurchase the building, in a move that has Japanese media scratching their heads.
See more on this new course reversal from Sharp’s new managers… [Read more…] about Sharp in Negotiations to Buy Back Building Sold Only Months Ago
Will CEDIA 2016 Be The Sonos Show?
Sonos Launches Integration Partners Program with Software, Music Service & Hardware Companies
Sonos surprised the industry this week with several announcements, some of which were directly targeted at the custom integration market just two weeks before the launch of the CEDIA 2016 show. But one announcement didn’t surprise us – we first told you about it a month ago when we revealed that we had learned that after announcing they were pulling out of the show, Crestron was back…in partnership with none other than Sonos.
With so many announcements at CEDIA 2016, will this be the Sonos show? [Read more…] about Will CEDIA 2016 Be The Sonos Show?
Inside AudioControl’s Unique ‘Sound Partners Program’
AudioControl announced last week that it was launching an all-new program called the Sound Partners Program. But this isn’t just a new program…it’s a unique concept in speaker/amplifier integration.
See how AudioControl’s Sound Partners Program works and why it’s unique… [Read more…] about Inside AudioControl’s Unique ‘Sound Partners Program’
Changing Its Mind, Sharp to Negotiate to Buy Back the N. American TV Biz
Sharp Corp., a division of Taiwan’s Hon Hai Precision Industry Co. – better known as Foxconn – is rethinking its previously determined plans for business success. As the company was struggling with financial hardships prior to the closing of their acquisition by Foxconn, Sharp made several cost cutting moves, including selling the North American and Europe rights to the Sharp TV brand to certain OEM manufacturers. Now, as they ponder how to drive revenue growth, there are reports they are changing their minds on these and other deals.
See more on this major planning flip-flop by Sharp… [Read more…] about Changing Its Mind, Sharp to Negotiate to Buy Back the N. American TV Biz
SupplyStream Changes Name and Business Model
SupplyStream, the online aggregator of industry brands and products data, announced today that it has decided to change its name and business model in a move that they say will more properly align their branding with the reality of their business activities. The change takes place immediately.
See more on this surprising change… [Read more…] about SupplyStream Changes Name and Business Model
Russound Says Time to Hop on the 70-Volt Boat
As we recently told you, Russound has announced that it would be launching a line of 70-volt products designed to facilitate integrators’ entry into the commercial market. Now the company has released more details on just what their 70-volt offerings will include – and it appears to be a solid first step into the more commercial business.
See more on the new Russound 70-volt commercial line… [Read more…] about Russound Says Time to Hop on the 70-Volt Boat
One Look at This and You’ll Understand Why Wal-Mart Bought Jet.com
Wal-Mart may be the world’s largest retailer, but when it comes to their ecommerce efforts…well, they’ve been much less than that. As behemoth Amazon.com continues to show strong growth, dominating category after category, Wal-Mart has seen its results lag.
See why Wal-Mart needed to do something to spark online sales…
[Read more…] about One Look at This and You’ll Understand Why Wal-Mart Bought Jet.com
Factory Tour: James Loudspeaker, The Inside Story
Factory Tour Shows James Loudspeaker To Be More Than You Realized
In our work lives, we all try to project the most positive image of ourselves. Sometimes the only way to really get to known someone is to visit them in their home. Here, you can find a lot of clues to their true selves.
So it is with companies as well. Polished marketing and great looking products can give you an impression of a large, professional, smoothly-running operation. But, as we can attest from direct experience, that simply is not always the case.
And sometimes, as in the case of James Loudspeaker, you get surprised.
See James Loudspeaker in a whole new light… [Read more…] about Factory Tour: James Loudspeaker, The Inside Story
LeEco, the Netflix/Apple/Tesla of China, Acquires Vizio
Le Holdings Co. Ltd. (LeEco), a Chinese company with unusual multi-business aspirations, announced this week that they had acquired Vizio, a U.S. manufacturer of affordable televisions, in a deal worth $2 billion. The deal will serve as LeEco’s entry into the U.S. market with its unusual mix of products.
