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MBL Insolvent

I apologize if someone else has started a thread I missed, but reports indicate that MBL has initiated insolvency proceedings under German law. Not all businesses succeed- its a feature not a bug in a free enterprise system- but hopefully new investors will come in and save the company. This seems to be following the way of Audio Research (fortunately saved) and others-lots of uncertainty surrounding Dartzeel, Krell, etc, which is unfortunate. So many of these manufacturers are small businesses, obviously without huge capital reserves and sometimes without a good succession plan when the founders move on. I hope MBL successfully restructures, it makes great products. I think we all benefit from a healthy, vibrant group at the top end that has the resources to create and innovate. Good luck MBL.

kerrybh

Showing 1 response by gano

gano
750 posts
 

@kerrybh

but what is that price point? Is it $1,000 speakers, $5,000? 

 I think it's about turning the music lover into an audiophile. It's hard and not that hard. 99% of people will never become audiophiles for $5000 no matter how wealthy they are. Significantly better sound for a $1000 than what the subject has ever heard before? Absolutely possible. Even a $500 active speaker, placed correctly can drop jaws. 

I remember when I stumbled onto the Upscale website before my audiophile (mid-fi) days. I was angry. 10K for a turntable!? It's all about the perspective. You get what you pay for but it may be meaningless if you don't know what you are doing.

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