Audio Research in Receivership.


Papers were filed on Friday. Some say AR’s doors are closed for business. 

aberyclark

@fsonicsmith1 Going all- in with KT150’s was a mistake? IMO, this tube is pretty superior sounding ( depending on the circuit) to the older KT88’s, 6550’s and even the KT120’s. ARC was always looking for the way forward, which meant going to the latest tubes and designing around them.

OTOH, if ARC are continuing to have reliability issues, ( I was unaware of this), then that would indeed be an area of concern.

daveyf

Hopefully, this is a Chapter 11 ( re-organization) vs. Chapter 7 ( full liquidation and closure) ...

It is neither right now. What the company seeks is receivership, which could mean liquidation, but it could also mean a structured sale is in the works. There’s no way to tell without inside information. It’s possible the court or creditors could oppose the receivership, which could force ARC into bankruptcy.

Supply chain issue as someone mentioned may have contributed to the demise of ARC.  The Russian-Ukrainian war probably had significant impact on availability and price of tubes that ARC was dependent on.  

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I am on my 3rd AR pre amp and have loved all three. I would hate to see them go, but I really can’t imagine that someone wouldn’t come along and save them from total demise. Maybe Fine Sounds will buy them back, I would imagine that it is not lack of sales but mis management that has caused this 

I hope that someone will at the very least take on the service side of their business.