Great news for us here in the good old USA.
Thankfully the British love their music and audio gear.
If like me, you are just sick of the latest 'Smart Speaker' hoopla, then AVtech media's purchase of Sound&Vision and Stereophile brings great hope."
AVTech Media Ltd (UK) Acquires Home Tech Network From TEN: The Enthusiast Network
New Group Combines AVTech Media’s Specialist Hi-Fi/Home Theater Titles with TEN’s Home Tech Network to Create World’s Largest Consumer Electronics Audio/Visual Publishing Enterprise
NEW YORK, NY — AVTech Media Ltd (UK) (www.avtechmedia.co.uk) has purchased the Home Tech Network from TEN: The Enthusiast Network (www.hometechnetwork.com), it was announced today.
The Home Tech Network’s six brands including Stereophile, Sound & Vision, Shutterbug, AnalogPlanet, Audiostream, and Innerfidelity will join with AVTech Media’s Hi-Fi News, Hi-Fi Choice, Home Cinema Choice, and the Hi-Fi Show Live. The new company creates a global powerhouse delivering the largest single specialized AV group on the planet, reaching more than three million enthusiasts/CE consumers through print, digital, social, video, and events.
“The synergy between these iconic magazines and websites from both the UK and USA is clear, as are the distinctive brand propositions and target markets of each property,” said Paul Miller, Director AVTech Media Ltd/AVTech Media Americas Inc., Hi-Fi Show Live Organizer, and President of EISA. “With an ambition to leverage these unique qualities, particularly in the digital space, AVTech Media will offer a diversity and scale that could not otherwise be achieved — delivering a reach into passionate, opinion-forming audiences that is unmatched in specialist AV publishing.”
The US-based operation will continue to be headed-up by Keith Pray, a 20-year veteran of the consumer electronics industry based in New York City.
“The sheer power and breadth of this newly formed group allow for endless possibilities. Having a truly strong foothold in the United Kingdom, United States, and international markets will help us further grow”, said Pray, Keith Pray, General Manager, AVTech Media Americas Inc., who has served as the General Manager of the Home Tech Network for the past eight years. “My team and I are thrilled to combine forces with the outstanding group at AVTech Media.”
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