Definitely sad news! Fantastic company making up to date, attractive, reliable products, and offering top notch service.
Regarding some wondering there's more to the story, I think it's dead simple. A viable / sustainable business keeps going, and those that aren't drop out.
Saw a post on this site from Michael Green a few days ago. He mentioned the high-end slowing down in a big way, and having something close to 625 dealers in his network in the 90s. That REALLY stopped me in my tracks. I can't even imagine 200 high-end audio dealers existing today across all the brands.
Seems like the old adage of the way to make a small fortune in this business is to start with a large one has never rung more true
Regarding some wondering there's more to the story, I think it's dead simple. A viable / sustainable business keeps going, and those that aren't drop out.
Saw a post on this site from Michael Green a few days ago. He mentioned the high-end slowing down in a big way, and having something close to 625 dealers in his network in the 90s. That REALLY stopped me in my tracks. I can't even imagine 200 high-end audio dealers existing today across all the brands.
Seems like the old adage of the way to make a small fortune in this business is to start with a large one has never rung more true