McIntosh Group has announced that Filippo Fanton has been named the new CEO of Sonus faber effective immediately. Fanton has served as the CFO of Sonus faber for the last eight years and will continue to hold that position as well until further notice.
The Clarity Alliance, the UK hifi industry’s trade body, unveiled the results of the ballot for its board of directors, announced the appointment of Tom Barron as chairman and set out the Alliance’s programme for 2017 at its annual conference.
Jay Z is reportedly selling a stake in his music streaming service Tidal to telecoms company, Sprint. Sprint, which is owned by Japan’s Softbank, will pay an estimated $200m (£162m) for a 33% stake in the company.
After leading Fine Sounds Group, renamed McIntosh Group in 2016 and the home of Sonus faber, McIntosh Audio Research and other high end brands, for almost a decade, Mauro Grange will be stepping down from his position as CEO, effective December 31, 2016, as planned at the time of the Management Buyout supported by financial […]
Cadence Group has just announced it has taken ownership of British engineering and Hifi specialist SME Limited. Cadence, which already has major controlling interests in other prestigious audio brands, will bring a new level of investment to SME, allowing the company to extend its research and development activities whilst continuing to produce the class-leading products it […]
We have just received the following press release from Monitor Audio’s PR company, explaining more about this exciting news: