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
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.

^Some of Jim's family were quite involved, market conditions were also ah a but clumsy around the time of Jim's passing.
Jim Thiel was also only 61 when he died.  He had most likely been sick for a few years.  He probably thought he had 10-15 years left when he was diagnosed.  Who knows what his plans were.  It's one of those things that just sucks and there's not that much that can be said about it. The idiots that bought the company wrecked it immediately.  At this point the best we can hope for is that it gets resurrected to some degree by someone who has some appreciation for what he accomplished.  
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I find this whole sorry affair so annoying and yet I’d be lying if I said it wasn’t entirely predictable.

The dilemma now is does one send off parts to be serviced at Kentucky never to see them again if the place suddenly shuts down?

I’ve watched their website and social networking with a growing sense of horror. Quite unbelievable how they’ve veered so far from what the Thiel name is all about. Bluetooth speakers for goodness sake...

They initially relaunched with a clearly overpriced and profoundly unoriginal speaker range that threw out every one of Jim’s design ideals. Total commercial suicide.

If if it weren’t for the fact that I’m passionate about helping to keep Jim’s legacy alive by maintaining my CS 3.5s, I’d actually say good riddance to this sad apology for an audio manufacturer.

I thought I’d seen every form of incompetence in over 30 years in commerce, but this woeful bunch are rewriting the rule book on stupidity in business.

We just have to hope they are bought out by someone who understands and will honor the legacy.