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Sony Buying Majority Of EMI Music Publishing For US$2bn

Sony Buying Majority Of EMI Music Publishing For US$2bn

Athina Mallis May 22, 2018 No Comments

Sony Corp is signing a deal for the company to buy majority control of EMI Music Publishing from Mubadala Investment Company for US$2bn. Sony will be gaining 60 per cent…

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Audio Active Recruits Former JB Hi-Fi General Manager

Audio Active Recruits Former JB Hi-Fi General Manager

Roma Christian May 22, 2018 No Comments

Melbourne-based distributor, Audio Active, has welcomed former JB Hi-Fi New Zealand General Manager, Bruce Thierbach, to its team, effective May 28th. Mr Thierbach takes the helm as Audio Active’s new General Manager of Sales…

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Kevin Russell Gets The Nod To Drive New Vocus Push

Kevin Russell Gets The Nod To Drive New Vocus Push

Computer Daily News May 22, 2018 No Comments

Former Telstra business consumer chief and former Optus CEO Kevin Russell, pictured, is the new CEO at No. 4 telco Vocus, replacing Geoff Horth, who was shown the door in…

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Fujifilm To Sue Xerox For Failed Merger

Fujifilm To Sue Xerox For Failed Merger

Roma Christian May 21, 2018 No Comments

Japanese-based Fujifilm has announced it intends to sue Xerox “as soon as possible”, claiming its [failed] US$6.1 billion merger contract is still valid. Fujifilm has reportedly engaged lawyers, with a court date…

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China Approves $18B Toshiba Chip Sale To Bain

China Approves $18B Toshiba Chip Sale To Bain

Roma Christian May 21, 2018 No Comments

Ending a year long saga, Chinese regulators have officially approved the sale of Toshiba’s memory chip business to the Bain consortium for US$18 billion. The news ceases concerns that Chinese officials may stall…

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Global PC Sales To Bottom Out In 2Q18

Global PC Sales To Bottom Out In 2Q18

Roma Christian May 21, 2018 No Comments

Following weaker-than-expected demand, suppliers expect the global PC market to bottom out in the [traditionally slow] second quarter of this year. According to Taiwanese-trade publication, DigiTimes, several suppliers are struggling to post revenue growth,…

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Aqipa Re-Launches PURE In Oz After 2 Year Absence

Aqipa Re-Launches PURE In Oz After 2 Year Absence

Roma Christian May 21, 2018 No Comments

Melbourne-based, Aqipa, has re-launched UK digital radio brand ‘Pure’ in Australia, following Powermove Distribution’s attempt several years prior. Led by two ex-Convoy executives, Aqipa Australia also distributes audio brands such as; Audiofly, Marshall,…

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Aussies Scammed $340M Last Year, Up $40M

Aussies Scammed $340M Last Year, Up $40M

Roma Christian May 21, 2018 No Comments

The ACCC’s ‘Targeting Scams Report’ reveals Aussies lost $340 million in 2017 – an increase of $40 million versus the year before. The staggering figure consists of over 200,000 scams reported…

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Harvey Norman “A Dead Set Outrage”, Another Dud Investment

Harvey Norman “A Dead Set Outrage”, Another Dud Investment

David Richards May 21, 2018 No Comments

“Trust me”, claimed Gerry Harvey earlier this year, as shares in Harvey Norman were going south, “sell your boat, sell your car, sell your house, buy not Harvey Norman shares”…

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BREAKING NEWS: Sonos Dump 96 Staff, Ahead Of An IPO & Settle With Denon HEOS

BREAKING NEWS: Sonos Dump 96 Staff, Ahead Of An IPO & Settle With Denon HEOS

David Richards May 18, 2018 No Comments

Desperate to get a float away Sonos, has moved to axe nearly 8% of their staff, in an effort to cut costs and improve their profits ahead of an IPO.…

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