Should we be surprised these companies have be flooding the market with their overpriced junk for last 50 years….ive spent over a million in audio and make a great deal of mistakes until I woke up….we still STILL HAVE HIGH END MANUFACTURES CHARGING 20K for a preamp and using 10 dollar ALPS GARBAGE POTS
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.