Audioholics Featured AV News Article Archives
Best Buy Cuts Jobs, Refocuses on More Online Sales
Best Buy laid off 250 employees at its Richfield, Minnesota headquarters today, while simultaneously creating 210 new positions.These layoffs are a pretty quick succession to 500 workers being…
Liberty Media Frees Sirius XM From Bankruptcy
Sirius XM just dodged a bullet that lets it avoid an immediate Chapter 11 filing. In an interesting twist, the saving grace for the ailing satellite radio company didn’t come from Charles Ergen as…
Snell Folded into McIntosh by D&M Holdings
According to an article at Twice.com and repeated by CE Pro, D&M Holdings is moving the manufacture of Snell products to a dedicated facility on the McIntosh campus in Binghamton, N.Y. The…
Vizio Ceases Plasma TV Production
This week Pioneer wasn't the only company indicating it will retreat from the plasma TV industry, Vizio has now made it official that they will no longer produce sets with the technology. Vizio is…
Sirius XM Orbits Chapter 11
Sirius XM Satellite radio has been working with advisers in preparation for a possible bankruptcy filing. The New York Times reported late yesterday afternoon that all the preparations for the ailing…
VuDu Saws HD Box Price in Half
Vudu has performed a trick as it tries to cast a spell over a wider audience. Its encore was a genuine price rollback that is sure to make the rest of the streaming movie market take note. VuDu has…
Pioneer to Exit Flat Panel Market
A flurry of activity has surrounded Pioneer this week, particularly centered around its flat panel display business. We caught a lot of heat with our article last year which predicted the eventual…
Video Gaming Cheaper to Xbox 3 and PlayStation 4
Every industry by now feels the effects of the economic slowdown. The good news for gamers is that it's not just the price of gas that's being throttled back, it's also your favorite hobby. Research…
Panasonic Posts $4.2 Billion Loss - Cuts 15,000 Jobs, Closes 27 Plants
In 2008 Panasonic posted heavy quarterly losses and lowered annual forcast. Last week they announced and executed massive layoffs. Now, the company again says it will begin round 2 and cut 15,000…
1 Million Xbox360 Netflix Users
Microsoft and Netflix today announced that 1 million Xbox LIVE Gold members have downloaded and activated the Xbox LIVE application from Netflix since the alliance launched last November. In less…