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EXCLUSIVE: Powermove ‘Not For Sale” Claims CEO

David Richards March 31, 2017 No Comments

Powermove, is not for sale according to CEO Crawford Giles. Despite industry rumours, Giles has told staff and parties interested in buying his business, that the Adelaide based Powermove that…

BREAKING NEWS: ACCC Deny Banks Over Apple Pay

Fergus Halliday March 31, 2017 No Comments

Despite narrowing their submission last month, the coalition of Australian banks (NAB, Westpac, Commonwealth and Bendigo Bank) determined to wrest control over the iPhone’s NFC chip from Apple have been denied…

UPDATED: EXCLUSIVE: Qualifi Take Klipsch From Powermove

David Richards March 29, 2017 No Comments

EXCLUSIVE: Qualifi the distributor of Marantz, Heos and Denon products in Australia is set to be appointed as the new distributor of Klipsch in Australia. The appointment is set to…

EXCLUSIVE: Indi Imports Snares Q Acoustic Major Expansion Planned

David Richards March 29, 2017 No Comments

EXCLUSIVE: Melbourne based Indi Imports has confirmed that they are the new distributor for UK sound Company Q Acoustics. The appointment follows a decision by Q Acoustics to terminate their…

BREAKING NEWS: Klipsch Terminates Powermove

David Richards March 29, 2017 No Comments

EXCLUSIVE: In a shock move US sound Company Klipsch has terminated their distribution agreement with Adelaide based Powermove. The business worth approximately $10.5M is now under review with Klipsch US…

It’s On, Amazon Cut Deals With Distributors, As Harvey Norman & JB HI Fi Look To Build Out Online Marketplaces

David Richards March 21, 2017 No Comments

The battle between Australian retailers and Amazon, is set to get intense, with several distributors telling ChannelNews that they have already been approached by Amazon to supply stock. At the…

“Like An Atomic Bomb”: JB Hi Fi, The Good Guys Staff Evacuated After Air Crash Five Dead

David Richards February 21, 2017 No Comments

Staff at JB Hi Fi and The Good Guys in Essendon, have been evacuated and air-traffic halted after a plane crash-landed into Essendon Fields DFO, where both stores are located. At…

Exclusive: Valve Lodge Appeal Against $3 Million ACCC Fine

Fergus Halliday February 20, 2017 No Comments

Video game distribution giant Valve Corp. have lodged an appeal in the Federal Court against the ruling made by Justice Edelman late last year, which would have seen them fined for…

BREAKING NEWS: Toshiba Pulls The Plug

Fergus Halliday February 14, 2017 No Comments

Toshiba has pulled the plug on a pending financial statement, due today. Initially primed to reveal the mounting costs of the company’s disastrous investment in the nuclear equipment business, the…

Fire Induces Telstra Meltdown

Fergus Halliday February 2, 2017 No Comments

Telstra-users are experiencing Australia-wide outages after a fire at at the Chatswood Exchange. Telstra has said in a statement that “A fire at the Chatswood Exchange in Sydney this afternoon has…