2. misc-audio
  3. 170855-125986

About the financial strength of audio manufacturer

I wonder if the pandemic  has been positive or negative for the audio industry .

Manufacturer are private companies . It is not possible to analyse their financial  statements before buying their products.

What worth the 5 or 10 years warranty if they go out of business.

I have a sent my home theater processor for repair at the manufacturer office , several months ago. When I contact theme to add some precision about the unit issues, they either are very rude with the communication , or tell me my unit is about to be shipped , without doing so.

 

I wonder if they have too much works because of the Covid or if they are on the verge of bankrupcy

In the lasted situation , there is nothing the product's owners can do about their warranty.

Two dealers ( one is also a friend of mine ) that carry my manufacture ´s products were not positive .

I know is a weird thread
Reassure me , I am getting anxious

 

128x128maxwave

Showing 2 responses by ejr1953

ejr1953
895 posts
 

@maxwave 

Congrats on finally receiving your repaired gear!

I strongly suspect that, even before covid, the high-end audio manufacturing  business is a really difficult one, especially for the smaller manufacturers.

I'm probably dating myself, but there were some great names from the past (Dynaco, Advent, Dual, Altec Lansing, etc.) that are no longer, though they were very successful in their day.

ejr1953
895 posts
 

I attended the Capital Audiofest a few years ago, well before covid and at one of the sessions, the speaker (I can't remember the company he started and successfully ran for a few decades) said that he predicted that half of the audio manufacturers who were active then would be out of business in 10 years.  This is a difficult business for them, a lot for a small operator can go wrong.

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