Telling me, “I’m just taking some time to do those things I’ve been wanting to do for a long time,” Sandy Gross, renowned² founder of three major speaker brands (Polk Audio, Definitive Technology, GoldenEar Technology), has stepped down as President Emeritus from his most recent one – GoldenEar. In a telephone interview this week, Gross shares with Strata-gee readers his reasons for making this announcement now, and reminisces on his nearly 50-year career building three popular speaker brands now in the homes of many thousands of consumers.
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Integrators Rejoice! Peace Chimes are Ringing – Crestron & Lutron are Working Together
OK…I don’t want to overstate this, but over the last few years, integration industry giants Crestron and Lutron have been…shall we say…a little competitive with each other. Maybe not directly so, but certainly there have been skirmishes over several lines of products. Over time, the two companies’ line extensions have been progressively encroaching more and more into each other’s territory.
Well, that’s over now, as Creston announced last week that it has forged “an alliance” with Lutron – integrating several of the lighting company’s products into the Crestron Home ecosystem. Dealers who sell both brands are undoubtedly rejoicing – Hallelujah! Peace has come!
Read more on the Crestron & Lutron alliance…
[Read more…] about Integrators Rejoice! Peace Chimes are Ringing – Crestron & Lutron are Working TogetherShocking 30+% Drop in Housing Construction Starts; But a Turnaround May Be Lurking
Existing Home Sales Decline as Well
I’ve been saying for a while now that really, really tough economic data was coming. Even though it was obvious to many of us that the economy was crashing – thanks to COVID-19 – it takes time for backward-looking statistics to catch up. Well, now they’re starting to catch up and with overall residential housing construction starts dropping an eye-popping 30.2% in April…they are ugly.
But read on to see why one piece of data seems to suggest that a housing turnaround make be lurking in the near future – or is even already here…
Learn more about this new data on the housing market…
[Read more…] about Shocking 30+% Drop in Housing Construction Starts; But a Turnaround May Be LurkingMike Park, Key Partner and CTO of James Loudspeaker, Retires
Mike Park, a key partner and Chief Technology Officer (CTO) of James Loudspeaker, retired this month due to health issues, the company has announced. It would be hard to overstate Park’s influence in the growth and success of James Loudspeaker. As a key role player in the company for the last 15 years, Park has made many contributions to the company’s technology direction and product development, driving an era of rapid growth that ultimately led to James’ acquisition by Sonance in 2019.
See more on Park’s retirement from James Loudspeaker…
[Read more…] about Mike Park, Key Partner and CTO of James Loudspeaker, RetiresSound United and HTSA Partner to Expand Market Availability of Top Audio Brands
Sound United LLC, the parent company to brands such as Denon, Marantz, Polk Audio, Definitive Technology, Classé, and Boston Acoustics, announced on Tuesday that they have joined forces with Home Technology Specialists of America (HTSA), a leading trade consortium of custom integration dealers. This new partnership will expand availability of some of the top specialty audio brands throughout North America, thanks to HTSA’s extensive network of top dealers.
See more on this Sound United and HTSA partnership…
[Read more…] about Sound United and HTSA Partner to Expand Market Availability of Top Audio BrandsRocky Mountain Audio Fest, A Popular High-End Event in October, is Canceled
On Tuesday, promoters of the Rocky Mountain Audio Fest – a well respected and popular event for the high-end specialty audio segment – announced that they were cancelling the show scheduled for October 2-4, 2020 in Aurora, CO. Like many other industry events this year, the reason was due to the disruption caused by the COVID-19 coronavirus pandemic.
See more on the RMAF cancellation…
[Read more…] about Rocky Mountain Audio Fest, A Popular High-End Event in October, is CanceledWith Original Event Canceled, IFA Now Says It Will Hold a New Live, In-Person Show in September
Promoter Says It Is Putting ‘Health and Safety First’
Saying they are putting “Health and Safety first,” IFA announces they have received the appropriate government approvals to hold a live, in-person trade show event in Berlin this coming September. The announcement was a dramatic departure from their previous announcement in April cancelling this very event. But will anyone choose to attend?
See more on IFA effectively un-cancelling their show…
[Read more…] about With Original Event Canceled, IFA Now Says It Will Hold a New Live, In-Person Show in SeptemberConsumers Look Through COVID-19 Lens to Form an Opinion of Your Brand
The race is on as marketers conduct myriad surveys to try and understand how the forced self-isolation resulting from the COVID-19 pandemic is affecting the consumer psyche now. Also, marketers want to determine if there will be any lingering effects in consumer sentiment – and perhaps more importantly, spending patterns – down the road, when life begins to return to some sort of normal again.
One thing marketers have discovered is that consumers are making judgments about your company and your brand, by looking at you through a COVID-19 lens – which, depending on your actions, could be either positive or negative.
See how your response to COVID-19 can make or break your relationship with consumers…
[Read more…] about Consumers Look Through COVID-19 Lens to Form an Opinion of Your BrandSnapAV Launches New Remote Monitoring Platform Integrating the Best of OvrC, BakPak¹ & Ihiji
SnapAV announced today that it has engineered an all-new version of their popular OvrC remote monitoring and management system (RMM). This new version, launched in the wake of their acquisition of Control4 last year with its competitive Pakedge networking, as well as BakPak and Ihiji remote monitoring solutions, is said to combine the best of all of these systems.
SnapAV says OvrC is their ‘platform of the future.’ See more…
[Read more…] about SnapAV Launches New Remote Monitoring Platform Integrating the Best of OvrC, BakPak¹ & IhijiEpidemic Engulfs Emerald Expositions; Reports Massive Q1 Loss of $570.1M
CFO Admits Company Looking at Possibility of No More Shows in 2020 – and Fewer in 2021
Emerald Holding Inc., formerly Emerald Expositions Events, Inc. (NYSE:EEX), has released their fiscal 2020 first quarter results and the organization makes no bones about it – it has been hit, and hit hard, by the COVID-19 pandemic. The company announced that in the first quarter of fiscal 2020 – the period ending March 31, 2020 – sales declined 27.4% to $99.7 million and the company had the biggest net loss in its history, losing $570.1 million.