Audio Research in Receivership.


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

aberyclark

Jim McShane wrote me before the Russia-Ukraine war started that he could not and would not sell KT150's because he had to buy hundred to find five or ten decent tubes. If you look at his website now, he cites to advancing age and refusing to support Russia for his decision to stop selling tubes (which does not make total sense since the New Sensor factory is American owned). But all that said, yes, you can find good ones from Upscale. Everything after Kevin Deal is tough. TC Tubes used to be a reliable source of tubes for me and they no longer sell KT150's. 

Sounds like they've been under pressure for quite awhile having over 1100 creditors - makes you wonder how much debt they've incurred...

I do find it surprising that ARC, facing such financial trouble, would be shelling out $50,000 or more to attend Axpona. I realize they shared expenses with Wadax but after you pay for shipping gear, hotel rooms, entertainment expense, I bet it was 50K easy. Gear does not get sold at Axpona, particularly when you are not showing new product. 

A lot of moving parts here. Taking the high ground, ARC may have stood firmly by their origional mission statement and operated as such, long after "the numbers" didn’t align with those objectives.

As far as Axpona is concerned, there may have been opportunities there that were under the radar, such as having the "right" people in the "right" place at the "right" time -- potential buyers of the business? Or, it could have just been a proper Swan Song for a company that’s been a major contributor to high end audio for generations?

Hoping the owners land on their feet, or a the very least, get out of this alive. Some don’t.