Madrigal is Closed


Madrigal Audio Labs closed its doors today.
Closed. Period.

Over 100 employees were let go.

Mark Levinson will be handled from the Lexicon facilities in MA.
gorf

Showing 2 responses by theo

Correction, Madrigal is not closed. What has taken place is as follows. Harmon International the mother company of Madrigal has recently purchased Lexicon. And due the brand name recognition that Lexicon has, they have decided to desolve Madrigal in name only. The new name or umbrella is Lexicon. All the Madrigal employees will become Lexicon employees and all the companies under the Madrigal Umbrella excist now as subsidiaries of Lexicon. This is a report received from a Madrigal rep direct. Evidently since the phones were off for a few days the rumor mill produced this rumor. As Mark Twain once said "the report of my death has been exagerated greatly" (give or take a word)
Gorf, my appologies, but a rep was probably doing just that "damage control" You seem to be a lot closer to the fire than he is.
Best Wishes