SonicBlue (Replay/Rio) Bought By D&M
An anonymous reader writes "Here's the announcement that many have been waiting for all week. Yesterday, the ReplayTV and Rio product lines of now-defunct SonicBlue were auctioned off in a bankruptcy court. Despite earlier negotiations failing to result in a deal, the Japanese holding company D&M, makers of high-end Denon and Marantz stereo gear, bought the product lines for $36.2 million. The big question is what about all of the "lifetime subscriptions" that people bought? No answers as of yet, but we can all be hopeful."
They can't be very high end if I've never heard of them. Kenwood, Sony, Pioneer... those are high end. D&M sounds like the Apex of the audio world. Dude, you are probably not an audiophile. Denon and Marantz are related to the likes of Kenwood, Sony and Pioneer like a ferrari to a volkswagen. You probably also never heard of Quad or Nakamichi? heh ... now that's an audio system.
Veni, Vidi, Velcro!
The PVR market is still high end, still small and already saturated.
Ñ'
"....what about all of the "lifetime subscriptions" that people bought?"
That is exactly why I have never taken the plunge. I don't want to invest in hardware that (more or less) requires the company to be around for it to work properly. For example, the only broadband options in my area are fixed point wireless. The problem is that I have to invest $500 in the hardware. What happens when they disappear in a year or two? I am stuck with useless hardware (unless someone else offers the service).
I guess the dot com mess is still fresh in my mind...
Well, not necessarily. When ReplayTV got bought out, the company went away, and the assests went to SonicBlue. They honored the lifetime agreement for ReplayTV owners.
Well, not necessarily. When ReplayTV got bought out, the company went away, and the assests went to SonicBlue. They honored the lifetime agreement for ReplayTV owners.
Yes, but lifetime subscriptions are not an asset - they are a liability. The press release doesn't go into any detail, but I'd presume that D&M got saddled with the liabilities (court cases, outstanding debts, and lifetime subscriptions) as well as gaining the assets.
This is why $36.4M is not a "deal" by the way... and it's why they went under in the first place. They have far more liabilities than assets at this time.
I'd argue that when your system sounds good it is high end. Thousand dollar phono cartridges only guarantee that your system is expensive. High end systems take more than just money.
Here's another one:
I'm not an "audiophile" if by audiophile you mean "sucker." People who spend a ton of money on this stuff are buying some VERY overpriced equipment. Just because something is the most expensive in the world doesn't make it the best. And tubes? Yeah, you can make a good amp with tubes, but you can make just as good or better of and amp with transistors. (Guitar amps are a slightly different story.) Saying something has tubes, doesn't necessarily make it good.
I've decided to stick to pro-audio gear for all new audio purchases. There's just something stupid about spending $200 on unbalanced phono cables, but "audiophilies" have no problem with that. Nor do they seem to have a problem with $1000 speaker cables, etc.
If you're going to spend a ton of money on your audio system, I suggest you buy the same things a recording studio buys.
Just to show you guys are being a pompus asses, here's a brochure from quad:
here
check out those power amp specs: 108 db SNR
Now lets go look at some pro gear:
Check out the specs. page for this Crown amplifier.
SNR 120dB
People "in the know" don't buy that ridiculously overpriced "high end" stuff, they buy pro grear. It performs wonderfully, takes abuse, and costs less.
Life is too short to proofread.