Audio Research filing for bankruptcy?

Whoops, my big mistake--this is not Chapter 7 or Chapter 11 but receivership.  

But with a list of creditors like that attached to the filing, Bankruptcy could be imminent.  

What a sad moment in hifi. 

Welcome to the future of the hi-end market. Mac has only survived this long because it has exponentially greater brand recognition, has licensed their name to auto manufacturers, and has been publicly endorsed by the likes of Tom Cruise and Fallon.

But I am betting that Mac’s days/years are numbered.

The customer base of these hi-end brands was dwindling prior to the latest recession and that will now accelerate.

I don’t think it’s a coincidence that the largest Pass Labs dealership in the country recently shut down.

Just one example of the challenges facing these companies is the fact that there are $599 Chi-Fi preamps that can go toe-to-toe with the best SS preamps from these hi-end brands.

I think all the current esoteric/hi-end brands are facing these threats. I am doubtful ARC’s issue is mostly due to mismanagement. It appears they continue to have competent and loyal employees. Though I am pessimistic about the the company’s future, I wish them the best.

@helomech 

I don’t think it’s a coincidence that the largest Pass Labs dealership in the country recently shut down.

Actually the dealership to which you refer did NOT shut down. He announced that he would be winding down operations and retire from the business in early 2024.

I heard mcintosh bought audio research 

Actually the dealership to which you refer did NOT shut down. He announced that he would be winding down operations and retire from the business in early 2024.

Same diff. The days are numbered for all these companies unless the old timers are made immortal.

Companies like B&O and B&W might survive a little longer because they are at least attempting to adapt.