Revel speakers - dealer scuttlebutt


Hi - I recently heard 2 speakers in the Performa3 line and was very impressed.  Reading about the company' s research efforts and scientific approach to design furthered by respect for Revel's products.  As I'm in the middle of a speaker search I happened to mention to a audio dealer hearing Revel speakers and my favorable experience.  He doesn't carry Revel and wrote to  me that he heard that they are having financial problems and will be dropping Revel.   This doesn't make sense to  me and I couldn't find any news that backs up his statement.  Does  anyone know  anything about this?  Is it just the dealer's "sour grapes"

thanks!
newton

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Revel just announced multiple new models at CEDIA. That doesn't happen for brands Harman intends to drop. If they go year after year without any releases or updates... that's when a product line is in trouble. You can also normally find industry news when major brand designers are let go. Notice that Digitech (a Harman pro brand) hasn't released or updated a product in years, and they let go of the primary product designer. The brand is still around, but it's dead in the water as far as new development. Products will be sunset as their product costs go up and sales go down over time. Same would happen in luxury audio (Revel's division). 

All of the Revel designers have been retained since Samsung's ownership (to my knowledge), no revel products have been discontinued, and new products have been announced. That brand is doing just fine. 
Samsung is defiantly a power house in entertainment they seem to have every angle covered now.
Look at it this way, Samsung now is making all the parts for the experience. Everyone hates on Bixby in their smartphones (because it sucks still), but if they get that right down the road they’ll not only have the software and user data, but also the devices. It’s not hard to imagine having a Samsung smart home (or hotel, or hospital, or stadium, etc) in the future. It might just have a bunch a brands stamped on everything to make you feel like you didn’t give all of your control to one corporation.

Harman isn't known for selling off brands. They do have a history of buying brands for tech and then killing off the brand slowly. Samsung is letting Harman continue to operate on it's own much more than many of it's past acquisitions (at least for the foreseeable future). 
But when it comes to "they don't make them like they used to" - Harman certainly does water down products. Most of the flagship stuff maintains the highest quality, but the entry level gets heavily watered down. 

As far as Samsung buying for the car business, that was the big headlines on the PRs because media cycles were pumping autonomous driving heavily at the time, and that was Harman's fastest growing business segment. The fact of the matter is Samsung makes screens and computer chips, and Harman makes audio processors and transducers. It really was a nice pairing as far as owning production and outsourcing less pieces go.