Audio Research in Receivership.


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

aberyclark

Per the previous discussion, the following new sale may be a sign of hard times in hi-end audio, for other companies than Audio Research. Big HE manufacturers selling off high-priced items at major discounts. For instance, a 5m pair of Audioquest Wind RCA interconnects (list $7300) selling off at $2399. A lot of other examples of fire-sale pricing on uber-priced equipment, such as: AudioQuest 2m XLR Wel Signature Interconnects (retail $10,200) selling off at $2,999.00.

https://www.musicdirect.com/search/?sc_lid=237651901&sc_llid=100554&sc_src=email_3470468&sc_uid=kgPjcS8a0E&utm_campaign=musicdirect%20soundbytes%20issue%20%231093_6_05-06-23sc_eh%3D4590af3f68eb09b91&utm_medium=email&utm_source=Emarsys#/+/0/score/desc/?tab=product&brand_name_na_str=AudioQuest&category_names_na_str=Cable,Equipment&specials_na_str=On%20Sale
   

I am sure that Mr. Suggs had sophisticated financial analysis prepared by specialist to determine the advisability of purchasing ARC.  For those of you not familiar with the business world this is a mandatory and usual step for ANYONE purchasing a business, from the purchase of a major business to a coffee shop.  And probably the bank would have examined this analysis as well as the company assets securing the loan.

Then on a monthly or at least quarterly basis there would be analysis prepared that compares what budgeted income and expenses were, by major income and expense classes, to determine what is working well and what is not.

Quite frankly, I find it hard to see any light at the end of this tunnel.  

Cables are discounted now since China makes counterfeits of most all cables the used market is dead since most think cables are counterfeits. Ive tried to sell used costly cables all you get is accusations that they are fakes. And the audio market is cyclic we had massive demand and sales during COVID it makes sense after all that buying things would greatly slow down. And AR has been making junk of late why they are dying.