CEDIA announces the sale of its USA flagship trade event, just two weeks before the ISE 2017 in Amsterdam which CEDIA co-owns.
With 19,000 attendees visiting more than 500 exhibitors (and 100 of them first time exhibitors), CEDIA 2016 was clearly a successful event.
So why sell it? Obviously CEDIA decided they weren't in the trade show business. It's hard when you have a big annual event. It's "only once a year" but you need staff working 12 months on it. That drains the profitability of the event but also drains valuable staff resources.