Folks,
There is a lot of misinformation in this thread. Allow me to clear it up as both companies are clients of HomeTheaterReview.com
First, with Krell - a few years ago outside money was brought in from a private equity firm who within months got rid of Dan. The company ultimately went downhill. A few years later and after the exit of their long-time president (who left to work at Dan's new company) one of Krell's automotive partners bought out the ex-Goldman Sach private equity people and Dan leaving Dan's Ex-wife Rondi, running the company as she does today. They are a smaller company today but are very much in business and supporting their clients and dealers.
Jim Thiel died years ago (don't smoke people) and his wife was an early pioneer of selling high end gear into new channels like catalogs such as Crutchfield. That experiment didn't go well nor did post-Jim sales. The company was sold to a private investor who today has invested significantly in the company. They are based in Nashville now and partnered with a 4K streaming company called Aurora which is pretty neat stuff. They've got a number of 5-star reviews of their new, easier to drive speakers. They are adding dealers nationally as is prudent. They had a big presence at CES 2017.
I hope this helps clear up some of the comments above.
There is a lot of misinformation in this thread. Allow me to clear it up as both companies are clients of HomeTheaterReview.com
First, with Krell - a few years ago outside money was brought in from a private equity firm who within months got rid of Dan. The company ultimately went downhill. A few years later and after the exit of their long-time president (who left to work at Dan's new company) one of Krell's automotive partners bought out the ex-Goldman Sach private equity people and Dan leaving Dan's Ex-wife Rondi, running the company as she does today. They are a smaller company today but are very much in business and supporting their clients and dealers.
Jim Thiel died years ago (don't smoke people) and his wife was an early pioneer of selling high end gear into new channels like catalogs such as Crutchfield. That experiment didn't go well nor did post-Jim sales. The company was sold to a private investor who today has invested significantly in the company. They are based in Nashville now and partnered with a 4K streaming company called Aurora which is pretty neat stuff. They've got a number of 5-star reviews of their new, easier to drive speakers. They are adding dealers nationally as is prudent. They had a big presence at CES 2017.
I hope this helps clear up some of the comments above.