Onkyo has filed for bankruptcy


Onkyo has filed for bankruptcy. This was a premier brand when I was growing up. 

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@mahler123

You know jj49, sometimes people just can’t switch jobs like other people change socks. Day Care arrangements may limit some. Others may be approaching retirement age and not exactly look like the belle of the ball on a resume. They may have elderly parents or sick children that limit their mobility., if not their own medical issues as well. Sometimes you gamble that you can ride the sinking ship until it hits your destination out of necessity.

getting a lil off topic, but yes i agree

my point is onkyo’s poor business performance has been apparent for some time (many many years), people with limitations or difficulties w.r.t. alternative employment have had plenty of heads up on what’s coming sooner or later ... furthermore -- and as you rightfully say, riding what one knows to be a sinking ship is taking a risk in its own right ... in life we all make difficult decisions, dig deep, do the hard things for a better tomorrow, make tough transitions... some handle it better than others

in my life i have had both aging parents and sick children... and i have dealt with many bankruptcy situations big and small... the motivations of such a legal filing for protection against creditors are manifold, to put it mildly

so i will restate... op posts: onkyo goes b-k... well as a hifi enthusiast, i personally couldn’t care less (no doubt others may care more...)

I have owned several Integra AV receiver and they been better than the Anthem AV ATMOS receiver I own now.  The software was always spot on and the sound for AV was good, where the sound on the Anthem is ok but the software sucks. However, I don’t see Onkyo or Integra keeping up in the market with new designs and performance.  If my last Integra would have done 4K I would have never purchased the Anthem. While we’re discussing it about AV products point is that Onkyo losing market and not keeping in designs, performance and and there marketing is poor. As for Stereo I never use there gear as I have Pass Labs stuff.

 

 

I have owned several Integra AV receiver and they been better than the Anthem AV ATMOS receiver I own now.  The software was always spot on and the sound for AV was good, where the sound on the Anthem is ok but the software sucks. However, I don’t see Onkyo or Integra keeping up in the market with new designs and performance.  If my last Integra would have done 4K I would have never purchased the Anthem. While we’re discussing it about AV products point is that Onkyo losing market and not keeping in designs, performance and and there marketing is poor. As for Stereo I never use there gear as I have Pass Labs stuff.

 

 

Will be interesting to see how this all plays out. I'm not aware that Sharp is known for anything "great".  I never owned Onkyo, but it was nice having them around putting some price pressure on other companies like Pioneer, Sony, Denon, Yamaha, and others. And I knew friends who did have Onkyo tape decks, and receivers who were happy with them. 

I hate to see any audio company fall by the wayside.  It limits the choices of those just now getting in this game. 

 

My experience with Onkyo vs. Anthem was the opposite. It was now several years ago, but I rapidly cycled through an Onkyo and Emotiva until I settled on an Oppo BD player as my processor for several years, a far superior situation. Now I’ve gone to Anthem which is almost as good as the Oppo with more features, and certainly easier to use audio return channel.