When did Quintessence return from the dead?!?
https://www.strata-gee.com/audio-re...les-court-docs-to-enter-form-of-receivership/
The list of creditors is 31 & 1/2 pages long! While there are no amounts listed per creditor, that cannot be good. What is even worse, is that scanning that list of creditors, there are many (maybe all?) ARC dealers listed.
It is interesting that only 3 years ago McIntosh Group sold Audio Research off. Coincidence, maybe not; was the ship already sinking.
I was interested in the new i/50 integrated; however, given this situation there is no way I'd buy one now.
They've had a pretty big presence at the last four or five AXPONA shows. At least since AXPONA moved to the Renaisssance Schaumburg convention center.
Regards,
Gordon.
According to what I know, ARC got in the hands of venture capitalists, in 2010. Which is what caused this along with the death of the original owner of ARC. If Charlie Randall hadn't helped get McIntosh away from D&M Holdings and Bain Capital, the same would have happened to McIntosh. Because when Clarion took over, the company got it's first challenge, and lost a lot off it's key heritage people. Charlie Randall was old school McIntosh and a last link to their original management. He helped bring stability to the company.
And sometimes really weird stuff happens to companies that seem to have ended. Polaroid, anyone?
Eastman Kodak is still around, and doing fine after emerging from bankruptcy in 2013. Kodak Alaris in the UK manages the still film production and distribution worldwide, among other things. Eastman Kodak deals more with commercial business (commercial digital printing and image services, motion picture film, etc.) these days, which is why a lot of people think they're dead and gone. They're even still headquartered in their original 1914 skyscraper in Rochester.
Huh. My ancient Quintessence preamp is one of my favorite solid state bits of gear, and I've been futzing with it trying to get it to play nice with op amps newer (and better) than the 709s it was designed for. It will take 741s in the front end, but it gets very, very crabby about anything but the original TO-99 709s in the phono section. It also decided that it wasn't going to pass sound when I tried to replace a couple of 50 year old tantalum caps with paired electrolytics that I'd dialed in to be spot-on as a match to the capacitance of the original parts. The only time I can remember reinstalling vintage capacitors after removing them.
Kodak, as a brand, is a thin shell of what it was. Its business model and product offerings are nothing like what they had in their heyday. Using that analogy, ARC might survive by marketing tube cages and perforated panels all produced in China.
I certainly could have missed it, but I never saw a post asking for a separate ARC forum. I'd guess only a minority of AK members are up in that rarified stratosphere of equipment. With all the other super-expensive bling available, it doesn't seem they've priced themselves out of the market.
ARC has a much longer track-record than many other currently available tube brands. Might this be a canary in the coal mine and be indicative of future trends?
I think the future of ARC could resemble the present company calling itself ""Bob Carver"
Putting in as little as possible and attempting to capitalize on a once respected name.
It's the new way!
Beat me to it.
Eastman Kodak is still around, and doing fine after emerging from bankruptcy in 2013. Kodak Alaris in the UK manages the still film production and distribution worldwide, among other things. Eastman Kodak deals more with commercial business (commercial digital printing and image services, motion picture film, etc.) these days, which is why a lot of people think they're dead and gone. They're even still headquartered in their original 1914 skyscraper in Rochester.
A lot of big companies go bust.
Nortel Networks (gone).
I recently talked to an employee that went his own way a year or two ago and said it was a sinking ship, the managers knowing nothing about the equipment, the owner drinking and yelling at employees.....etc.