Audio Research filing for bankruptcy?


I just heard Audio Research might be filing for bankruptcy. This is a shock to me. I just called them a few days ago to have my Ref 6 upgraded to a Ref 6SE. I will also be the new owner of the Ref 750s. I was just wondering if they did go bankrupt what would all those millions of owners do about servicing their equipment. Should I be concerned? I’m alittle worried now. 

128x128Ag insider logo xs@2xtattooedtrackman

Welcome to the future of the hi-end market. Mac has only survived this long because it has exponentially greater brand recognition, has licensed their name to auto manufacturers, and has been publicly endorsed by the likes of Tom Cruise and Fallon.

But I am betting that Mac’s days/years are numbered.

The customer base of these hi-end brands was dwindling prior to the latest recession and that will now accelerate.

I don’t think it’s a coincidence that the largest Pass Labs dealership in the country recently shut down.

Just one example of the challenges facing these companies is the fact that there are $599 Chi-Fi preamps that can go toe-to-toe with the best SS preamps from these hi-end brands.

I think all the current esoteric/hi-end brands are facing these threats. I am doubtful ARC’s issue is mostly due to mismanagement. It appears they continue to have competent and loyal employees. Though I am pessimistic about the the company’s future, I wish them the best.

 

@helomech 

I don’t think it’s a coincidence that the largest Pass Labs dealership in the country recently shut down.

Actually the dealership to which you refer did NOT shut down. He announced that he would be winding down operations and retire from the business in early 2024.


Actually the dealership to which you refer did NOT shut down. He announced that he would be winding down operations and retire from the business in early 2024.

Same diff. The days are numbered for all these companies unless the old timers are made immortal.

Companies like B&O and B&W might survive a little longer because they are at least attempting to adapt. 

@jbl-4345 I heard mcintosh bought audio research 

 

Let's hope this is true.  Would give Mc an upper hand owning both, new options, when you see posts of Mc vs. ARC dating way way back, c/b great for their fans and consumers. Please sure more if you find out more, if you can. 

I just read some notes where ARC was looking for someone to invest capital to keep them afloat and out of default with the local MN bank. Deadline was not met, apparently.  Hopefully people generally understand its been weird times coming in/out of the pandemic, some parts supply has been limited, trying to get back on their feet. Maybe they could put some lines on hold, while keeping others afloat until there is some path forward.  Will keep an eye out, keeping fingers crossed for them. ARC has always been a staple platform for many of many of my audio friends.