|How is the High End CE Industry Responding to the Economic Climate?|
|Home Theater Feature Articles Other|
|Written by Andre Marc|
|Wednesday, 02 December 2009|
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In what might be the biggest blow on the press side of the industry, Stereophile, a U.S. based audiophile print publication, watched its parent company, Source Interlink, file for bankruptcy in a bid to restructure their debt. Other magazines have lost circulation, let staff go, or have shut down completely, as is the case with a few well known European publications. Advertising revenue has been shrinking steadily, as well as attendance at high end audio trade shows.
Is it all gloom and doom? No, not really. The high end audio industry has looked towards the future with many designers betting on the future of computer based music systems.A number of new DAC technologies have appeared, and companies like Soolos, Olive,NuForce, Sonos, and many others have brought to market audiophile grade music servers that work perfectly well with traditional high end components. At the budget end of the spectrum, Cambridge Audio’s DacMagic and and Musical Fidelity V-DAC, both under $500, have garnered universal praise for their price performance ratio.
Hopefully what goes down must go back up. The consensus among industry experts is that as long as audiophiles remain passionate about excellent sound, technologies advance to become more affordable, and younger people are exposed to the hobby, it will continue to attract new interest. I for one agree.
* Special Thanks to James Tanner of Bryston and Ken Dawkins of THIEL for their insight!