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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

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yesiam_a_pirate
249 posts
 

A sad fact is that the 2 channel high end audiophile is aging out and dying off. The successor generation has little use for high end gear. 
 

Another observation is that the people and or companies that make high end gear are not getting rich off their expensive products. Neither are the dealers. 
 

As the saying goes: “ sell to the classes and eat with the masses. Sell to the masses and eat with the classes”.  

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