Following a week of soaring heat, World Cup soccer, and the 4th of July holiday festivities, the electronics industry has quietly settled into its summer schedule.
With the month of July now in full swing, it won’t be too long before the residential technology integration market gears up for the CEDIA Expo in Denver on Sept. 1-4. Until that run up to the annual trade event however, the team at KMB Communications will continue to keep an eye on the technology-related websites to put the spotlight on anything that is noteworthy.
This week’s technology news roundup comes from LinkedIn, eCoustics, Sound & Video Contractor, and Residential Systems magazines. The topics these publications include a rough week for the Minions; a change of attitude on AI’s place in corporate America, Netflix struggling to retain viewers, Dynaudio to leave the U.S., and CEDIA to host RP32 workshops at CEDIA Expo.
KMB Communications Tour of Residential Technology News
The first item in this week’s look back comes from eCoustics. The website is reporting the European audio company Dynaudio will close its U.S. subsidiary, and according to the story, despite increased U.S. sales, operating as a Danish company in America, the economical obstacles presented by the current climate are too much for the company to endure.
The next news story is courtesy of Residential Systems. The publication states the trade organization CEDIA will host a RP32: Audio System Measurement and Verification Workshop at CEDIA Expo 2026.
Residential Systems says the RP32 session will be presented for the first time in North American, and it will be led by Adam Pelz, owner and president of Bespoke Cinemas; Matt Poes, owner of Poes Acoustics, and Tom Dellicompagni, owner of Dellicompagni.
One more residential item for this week’s KMB Communications look at tech news. This Netflix item posted on LinkedIn during the beginning of the week and the social media platform picked up the news from Bloomberg.
For fans of streaming media content, this post examines a problem that Netflix is having with users disengaging with its content after a single season. The post says that Netflix’s own data found that season two of “Beef” lost more than 70% percent of its audience and the “Night Agent” lost about 50% of its audience.
The post concludes that Netflix is now focused on finding out why the first-season popularity of its content is not carrying into following seasons.
A Week’s Worth of National Technology News
Over the last couple of years besides trending current events, no one thing has had more of an impact on the economy than AI. Getting more granular with this statement, the impact of corporate America’s investment in AI to replace human labor, has put thousands of people out of work, but the tides could be changing.
Linkedin posted a story on the biggest names in AI pulling back from previous opinions about what the technology will do to the labor market. Summarizing the post, it appears that at this point the job market isn’t imploding—it’s not changing—and the post points out that companies such as Ford are bringing engineers back after discovering its goals for AI aren’t working.
The conclusion is that corporate America is looking to strike a balance between human labor and AI tools.
Showing how rapidly the commercial display market is evolving, SVConline recently featured a story that cites a report from TrendForce that suggests that Apple is aiming to move beyond DCI-P3 to the BT.2020 color space.
TrendForce, a market intelligence and consulting company, says in its report, which SVConline picked up, “TrendForce’s latest AMOLED technology market report reveals that Apple plans to gradually adopt OLED panels capable of achieving 95% coverage of the BT.2020 color gamut across future MacBook Pro, iPad Pro, and iMac product lines.”
SVConline notes that 95% of the BT.2020 color gamut looks identical to 100% BT.2020 to the human eye because it possesses naturally occurring colors found in the real world. This is known as “Pointer’s Gamut.”
Closing out the KMB Communications Technology Week in Review is the low box office opening for “Minions & Monsters.” Citing a story from Variety, a LinkedIn post says the latest movie in the franchise pulled in just over $61 million over the five-day, July 4th holiday period, falling short of a projected $80 million opening.
The story adds those numbers pale to the opening of “Despicable Me 4” that earned $120 million over the same July 4th period back in 2022.
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