Panasonic Creates US-based Unit to Serve Sports, Entertainment Industries
Panasonic Media Entertainment Company to provide technology tools to enhance fan experience
NEWARK, N.J., March 30, 2017 /PRNewswire/ -- Panasonic Corporation of North America has created a new sales division, Panasonic Media Entertainment Company, that will specialize in serving the needs of the sports and entertainment industries. Officially launching on April 1, the company will be based in Newark, NJ within the headquarters of Panasonic Corporation of North America; it will also maintain offices in Denver, CO, Los Angeles, CA, Orlando, FL, and Coppell, TX, part of the greater Dallas area.
Panasonic Media Entertainment Company will also work closely with the Media Entertainment Business Division, one of the six industry-oriented business divisions of Panasonic Corporation's new Connected Solutions Company, which will also be launched on April 1.
Panasonic Media Entertainment Company will develop and sell proprietary technological solutions that incorporate high-performance projectors, large screen LED display systems, broadcast-related equipment, professional audio systems, and energy-saving lighting equipment to diverse customers in the entertainment business including theme parks. The company will also develop and provide original technology solutions for integrated resorts, convention centers, sports stadiums, and more. The service component of these solutions will include system design and integration, installation, maintenance, and service support by collaborating closely with our consulting and system integration partners.
| Name |
Panasonic Media Entertainment Company (PMEC) (A division of Panasonic Corporation of North America) |
| Location
|
Headquarters: Newark, NJ Sites: Coppell, Texas / Los Angeles, California / Orlando, Florida / Denver, Colorado |
| Foundation |
April 1, 2017 |
| President |
Masaharu Nakayama |
| Principal Business
|
Development, sale, SI, installation, maintenance and service of visual, sound and lighting equipment for the entertainment business area (theme parks, IR¹/MICE², and sports stadiums). |
| Employees |
Approx. 140 (as of April 1, 2017) |
Notes:
¹ Integrated Resort
² Meetings, Incentives, Conventions, and Exhibitions
"Having already completed major projects for projection mapping, spectacular videoboards and other solutions in iconic sports and entertainment destinations, it's only natural for Panasonic to widen our vision to plan and deliver innovative next-generation solutions customized for our customers in the entertainment business," said Masaharu Nakayama, the company's new president. "We expect to grow this company into a trusted technology partner for our customers in the entertainment world and contribute meaningfully to their business success."
About Panasonic Corporation of North America
Newark, NJ-based Panasonic Corporation of North America is a leading technology partner and integrator to businesses, government agencies and consumers across the region. The company is the principal North American subsidiary of Osaka, Japan-based Panasonic Corporation and the hub of Panasonic's U.S. branding, marketing, sales, service and R&D operations. Panasonic was featured in Fortune Magazine's 2016 ranking of 50 companies that are changing the world and doing well by doing good. Specifically cited were its smart and sustainable technologies, including its contributions to smart cities and the electric vehicle revolution. Learn more about Panasonic at us.panasonic.com/news.
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SOURCE Panasonic Corporation of North America
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