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Craig Electronics

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Craig Electronics
TypePrivate
IndustryConsumer Electronics
Vehicle audio
Founded1963; 59 years ago (1963)
HeadquartersMiami, Florida, U.S.
Key people
Michael L. Newman
President
Founder[1]
Websitecraigelectronics.com

Craig Electronics is an American brand that specializes in consumer electronics, primarily sold at pharmacies, big-box stores and through online retailers.[2]

History[]

Craig Electronics was founded in 1963 as a manufacturer of home and car stereos. The company had many celebrity sponsorships for stereo systems, which included The Beach Boys, Ray Charles, Ringo Starr, and Emerson, Lake & Palmer.[3]

In 2001, the company was re-established as a manufacturer of low-cost consumer electronics, including MP3 players, netbooks, and speakers.[4] Craig also has a brand licensing deal to sell certain consumer goods under the Magnavox brand.[5] In 2013, Craig Electronics, along with Curtis International and ViewSonic were sued for patent infringement by MPEG LA.[6]

In 2019, Craig Electronics was acquired by Nova Capital Management, and along with Shur-Line, Bulldog, and World and Main electronics, they now operate under H2 Brands group.[7]


References[]

  1. ^ https://www.bizjournals.com/southflorida/news/2021/06/07/sunny-isles-beach-condo-sells-at-a-discount.html[bare URL]
  2. ^ "So you're back from CES. Was it worth it?". Fortune.com. Retrieved 15 December 2018.
  3. ^ "Our History". Craig Electronics. Archived from the original on 2020-06-22. Retrieved 15 December 2018.
  4. ^ "Bloomberg - Company Overview of Craig Electronics Inc". Bloomberg.com. Retrieved 15 December 2018.
  5. ^ "At CES, Licensing Stretches Brands in New Directions". Licensing.org. Retrieved 15 December 2018.
  6. ^ "Craig Electronics, Curtis International and ViewSonic Sued for MPEG-2 Patent Infringement". Businesswire.com. 1 August 2013. Retrieved 15 December 2018.
  7. ^ Management, Nova Capital. "Nova Capital Management Acquires Craig Electronics". www.prnewswire.com. Retrieved 2021-08-18.

External links[]


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