Oppo Ceasing production

As someone about to re-enter hifi (mid-fi, really) after decades of mediocre listening, I think there are several reasons the hifi market is dwindling. Most notably, hifi is not nearly so necessary for tolerable listening as it was when I bought my pioneer SA-9500 in 1976. I was not - and never have been - an audiophile (by most descriptions). But as a musician, music was important to me and I could not enjoy listening to recordings through the kind of crapy equipment my parents and other casual listeners used.

Back then I had to forgo a first high school era car to but decent sound. Today, decent sound is available at relatively low cost. If I could have had sound equivalent to that produced by a $99 Dragonfly DAC and $250 650 headphones driven by my MAC Retina, I doubt I would have sacrificed a car for better audio.

Now, my standards have increased (while my hearing has diminished) and I am quite willing to spend much more on audio than most people I know with comparable disposable income. Such are my priorities. But diminishing returns on the cost of audio seem to come much more quickly and unjustifiably now, than then. 

Is this decision from Julihs Siksnius' Audire playbook? When he retired, he shut down the factory and did repairs until his memory faded. 

This is a shock to me also. I own a 105 and love it. I still buy physical media and own a high end 2 channel system. I purchased a 4K TV last summer and was thinking about buying a 205 later this year.

People - Oppo announced it will cease producing new products. It did not state it will be going out of business. This means Oppo will remain in business in a more profitable capacity. Purely a business decision.