Editing Magnavox (section)

{{short description|American electronics company}}
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{{Update|date=January 2020}}
{{More citations needed|date=March 2025}}
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{{Infobox company
| name = Magnavox
| logo = [[File:Magnavox Logo.svg|border|250px]]
| type = [[Subsidiary]]
| foundation = {{Start date and age|1917}}<br />[[Napa, California]], U.S.
| founder = Edwin Pridham<br />[[Peter L. Jensen]]
| location = [[Knoxville, Tennessee]], U.S.
| key_people = 
| area_served = 
| industry = [[Consumer electronics]]
| products = [[Magnavox Odyssey|Odyssey]] and [[Magnavox Odyssey series|its successors]]<br />TVs<br />Speakers<br />Blu-ray and DVD players<br />Dehumidifiers<br />Heaters<br />Air conditioners<br /> Headphones<br />Batteries
| revenue = 
| operating_income = 
| net_income = 
| num_employees = 
| parent = North American Philips (1974-1987) <br/> [[Philips]] (1987–2025) <br/> Curtis International Ltd. (2025–present)
| subsid = 
| homepage = {{URL|magnavox.com}}
| footnotes = 
}}

'''Magnavox''' ([[Latin]] for "great voice", often stylized as '''MAGNAVOX''') is an American [[electronics]] company. It was purchased by North American Philips in 1974,<ref>{{cite news |title=Magnavox Wholly Owned by North American Philips| work=The New York Times | date=25 July 1975 | url=https://www.nytimes.com/1975/07/25/archives/magnavox-wholly-owned-by-north-american-philips.html |access-date=2023-06-19}}</ref> which was absorbed into Dutch electronics company [[Philips]] in 1987. The predecessor to Magnavox was founded in 1911 by Edwin Pridham and [[Peter L. Jensen]], co-inventors of the moving-coil [[loudspeaker]] at their lab in [[Napa, California]], under United States Patent number 1,105,924 for telephone receivers.<ref name=korn>Kornum, Rene. "[http://ing.dk/artikel/hoejttaleren-fylder-100-aar-og-foedselaren-er-dansk-179868 The loudspeaker is 100 years old]" ''[[Ingeniøren]]'', 4 November 2015</ref> Six decades later, Magnavox produced the [[Magnavox Odyssey|Odyssey]], the world's first home [[video game console]].

On January 29, 2013, it was announced that Philips had agreed to sell its audio and video operations to the Japan-based [[Funai|Funai Electric]] for €150 million, with the audio business planned to transfer to Funai in the latter half of 2013, and the video business in 2017.<ref>{{cite web|author=Van, Robert|date=29 January 2013|url=https://blogs.wsj.com/source/2013/01/29/philips-exits-consumer-electronics/|title=Philips Exits Consumer Electronics|archive-url=https://web.archive.org/web/20171125094913/https://blogs.wsj.com/source/2013/01/29/philips-exits-consumer-electronics/ |archive-date=25 November 2017|website=Blogs.wsj.com|access-date=16 August 2013}}</ref><ref name=bbc29113>{{cite news|url=https://www.bbc.co.uk/news/business-21242127|title=Philips to exit hi-fis and DVD players|access-date=2 February 2013|work=BBC News|date=29 January 2013|archive-url=https://web.archive.org/web/20130131104232/http://www.bbc.co.uk/news/business-21242127|archive-date=31 January 2013|url-status=live}}</ref><ref>{{cite news|url=http://uk.reuters.com/article/uk-philips-idUKBRE90S0C820130129|title=Philips exits shrinking home entertainment business|access-date=2 February 2013|work=Reuters|date=29 January 2013|archive-url=https://web.archive.org/web/20130517221657/http://uk.reuters.com/article/2013/01/29/uk-philips-idUKBRE90S0C820130129|archive-date=17 May 2013|url-status=dead}}</ref> As part of the transaction, Funai was to pay a regular licensing fee to Philips for the use of the Philips brand.<ref name=bbc29113/> The purchase agreement was terminated by Philips in October because of breach of contract<ref>{{cite news|url=http://www.broadbandtvnews.com/2013/10/25/philips-to-take-legal-action-against-funai/|title=Philips to take legal action against Funai|archive-url=https://web.archive.org/web/20131028033116/http://www.broadbandtvnews.com/2013/10/25/philips-to-take-legal-action-against-funai/ |archive-date=28 October 2013|work=Broadbandtvnews.com|date=25 October 2013|access-date=9 December 2013}}</ref> and the consumer electronics operations remain under Philips. Philips said it would seek damages for breach of contract in the [[United States dollar|US$]]200-million sale.<ref name="ABC">{{cite news|url=https://abcnews.go.com/Technology/wireStory/philips-breaks-off-deal-funai-20679628|title=Philips Breaks off Deal With Funai|last=Sterling|first=Toby |author2=Mari Yamaguchi |work=[[ABC News (United States)|ABC News]] |agency=[[Associated Press]] |access-date=22 June 2014|location=Amsterdam| archive-url=https://web.archive.org/web/20131102130812/https://abcnews.go.com/Technology/wireStory/philips-breaks-off-deal-funai-20679628 | archive-date=2 November 2013}}</ref> In April 2016, the [[International Court of Arbitration]] ruled in favour of Philips, awarding compensation of [[Euro|€]]135 million in the process.<ref>{{Cite web|url=http://www.philips.com/a-w/about/news/archive/standard/news/press/2016/20160426-philips-announces-decision-by-icc-international-court-of-arbitration-in-funai-arbitration-case.html|title=Philips announces decision by ICC International Court of Arbitration in Funai arbitration case|date=26 April 2016|website=Philips Electronics|language=en-US|access-date=23 July 2016}}</ref> Magnavox brand name products are currently made by [[Funai]] and [[Craig Electronics]] under license from trademark owner Philips.<ref>{{cite web|url=http://www.magnavox.com/|title=MAGNAVOX|website=Magnavox.com|access-date=25 October 2014}}</ref>