Like we did not see this one coming... Pay TV industry loses record number of subscribers August 10, 2011 12:28 PM EDT NEW YORK (AP) — The weak economy is hitting Americans where they spend a lot of their free time: at the TV set. They're canceling or forgoing cable and satellite TV subscriptions in record numbers, according to an analysis by The Associated Press of the companies' quarterly earnings reports. The U.S. subscription-TV industry first showed a small net loss of subscribers a year ago. This year, that trickle has turned into a stream. The chief cause appears to be persistently high unemployment and a housing market that has many people living with their parents, reducing the need for a separate cable bill. But it's also possible that people are canceling cable, or never signing up in the first place, because they're watching cheap Internet video. Such a threat has been hanging over the industry. If that's the case, viewers can expect more restrictions on online video, as TV companies and Hollywood studios try to make sure that they get paid for what they produce. In a tally by the AP, eight of the nine largest subscription-TV providers in the U.S. lost 195,700 subscribers in the April-to-June quarter. That's the first quarterly loss for the group, which serves about 70 percent of households. The loss amounts to 0.2 percent of their 83.2 million video subscribers.

http://www.cepro.com/article/weissburg_steps_down_from_dm_holdings/ Bob Weissburg, president of D&M Holding’s Sales & Marketing - Americas division, has resigned, according to a company statement. D&M’s umbrella includes and Denon, Marantz, Boston Acoustics, Snell, Escient, McIntosh, commercial brands D&M Professional, Denon Professional, Marantz Professional and more. Weissburg had been with the company for seven years, weathering some challenging economic times. Tim Bailey, D&M Holdings Consumer Business Unit president, issued this statement:

Sumiko Audio has been acquired by the Italian based firm FineSounds SpA, who are the parent company of SonusFaber (who Sumiko have represented in the US for many years) as well as blue chip US-based hi-fi companies Audio Research and Wadia Digital. I see that they have stopped bringing in Vienna Acoustics a while back. I guess I missed that news.

OMG someone quick, get the popcorn!:shock::D Best Buy Launches Commercial Integration Business With Best Buy Commercial, Magnolia competes directly against commercial integrators for digital signage, building automation and other commercial venue technology.