More Bad News AT Thiel


According to Ted at Strat-Ta-Gee.com Thiel is on the verge of closing. According to the Chief Engineer who was let go Dennis Crosson Thiel is done. Upper management has denied this and stated they are planning to move into the next phase. Very confusing. Looks like Classe all over again. Very interesting article on what's going on.
linnlingo

Showing 1 response by cycles2

Despite all the marketing spin manufacturers claim, the 2 channel audio market hasn't been healthy for many years. It's like musical chairs in which a manufacturer gets left out each time the music stops. Thiel is the latest victim to not have a seat.

Brick & mortars audio shops are rare and likely only viable for store owners who own their store or have low rent or have already shifted to providing custom audio/video/home automation services.  

Very little new blood in the hobby. Millennials have no interest or patience for it. They'd rather multitask using Beats headphones while using social media phone apps. Just ask yourself what was the average age of people at a recent 2-channel audio event you attended.