More Bad News AT Thiel

Well said jon_5912. This news seems to make my 1986 Thiel CS 2's more special. I would believe the chief engineer over the CEO. Closure headlines should not be far off.  
The new Thiel management has made decisions I think are typical of the cold, unimaginative corporate guys I used to work for. They appear to know nothing about the concept, nature of a brand in history and going forward. Produce a speaker line that does not resemble the venerable products designed by Jim expecting the consumer to fall in line to buy because they bear the Thiel name.   
 

Definitely a sad turn of events for one of the most highly regarded high-end audio companies to have come down the pike...

Unfortunately, the history of this industry shows time and time and time again such entities rise up through the force of character of visionaries like Jim Thiel, but their descent comes just as quickly and sharply once that person no longer steers the ship

For Thiel lovers, a visit to the current "Thiel" website is just sad. 
It's like returning to one of the great High End restaurants only to find they are now only serving "convenient" frozen dinners.

What an awful move.

  It is very sad. But haven't seen this kind of story before in high end when a company is essentially built around one critical person? When that key person leaves whatever the reason, the company also sometimes fades from history? 

sold Jims great works in the late 70’s and brother still has a pair of 02
when Jim passed the firm missed a key decision point on retention of KEY design first principles which set Thiel apart from the pack -mostly in alignment with Vandersteen and Dunlavy....and so now here we are left with one.....I can assure you that team Vandersteen includes family members steeped in those first principles and VERY aware of the continuing importance of them.