Big changes at Audio Research (again)

I agree. Ron did a good job. Mr. Hwang seems like a reasonable business man with a plan.

ARC customers should feel better about things. Much to be defined for Acora once it’s rebranded.
 
I agree. Ron did a good job. Mr. Hwang seems like a reasonable business man with a plan.

ARC customers should feel better about things. Much to be defined for Acora once it’s rebranded.
I disagree.

I think any perspective buyer would be nuts to buy ARC for a multitude of reasons. This is a fragile industry, the prices being asked for these products are huge, they have NO or little secondary market value as depreciation on the secondary markets are but a tiny fraction of MSRP even for current products and when there are so many alternatives why buy from them? I don't even like, despite having done so, buying these expensive products from small boutique companies that have so called healthy financials, at least that we know about. The whole concept of what ARC once represented, in so many ways, to their bespoke and unique in-house manufacturing, Warren listening for hours, etc. is gone to multiple financial rewrites. This latest round raises more questions than it answers and while Hwang may be savvy financially (?) it is clear the audio minds, the most important aspect in developing a product in the high end seem to be gone.

As to Ron, every time I listen to this guy, I shake my head. The great, opinionated rationalizer of the high end.
 
A couple items I found interesting changing the name of Acora. On one hand I can understand it as Val is out introducing the public to a new name could be a risk. Brand X formerly Acora, LOL Then it was revealed that Kevin Hayes is helping out. I thought he said with circuit design. I actually need to watch again.
 
I after watching had some questions that remain unanswered. Why did they hid the ownership when they announced that Val was the man. In reading that it sounding like to me that he owned the company and I certainly thought he owned Acora. What was the reason?
Kevin Hayes is a smart and good guy however isn't he the competition for ARC? How does that even work? I'm confused.
It should be good for ARC that they have a stable financial picture for sure and that people like Dave G ad Allan Haggar remain but the future will tell the story. I am a bit sad over all of this as I was a long time dealer and fan of this company going back to Bill and Nancy flying to my store to open my dealership a million years ago.
 
Roger does mention he is a long time ARC owner and audiophile. He intends on running the company himself and it will remain in U.S. He seemed to hint some he has a large manufacturing facility/space in China and didn't rule out some of the speaker line being sourced there.
 
I after watching had some questions that remain unanswered. Why did they hid the ownership when they announced that Val was the man. In reading that it sounding like to me that he owned the company and I certainly thought he owned Acora. What was the reason?
Kevin Hayes is a smart and good guy however isn't he the competition for ARC? How does that even work? I'm confused.
It should be good for ARC that they have a stable financial picture for sure and that people like Dave G ad Allan Haggar remain but the future will tell the story. I am a bit sad over all of this as I was a long time dealer and fan of this company going back to Bill and Nancy flying to my store to open my dealership a million years ago.
If they had a “stable financial picture” they wouldn’t be going through all of this. But believe what you want, some just never learn
 

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If they had a “stable financial picture” they wouldn’t be going through all of this. But believe what you want, some just never learn

The recent changes have nothing to do with finances. Hwang was straight forward with what prompted the changes. He laid out some positive moves. Time will tell I think Audio Research will be fine. He mentions trying to get some of the past employees back, especially the designer of the m330. He is providing dealer support that wasn't there before as well opening service centers around the world.

AR certainly isn't the only expensive audio line out there and they certainly aren't the most expensive. I'm not sure what the current higher line prices are. The Ref 6se was outstanding at $25k and not out of line. When the 160m was introduced not much at $30k could touch them. The new components that are less expensive I haven't listened to look like good bang for the buck. Info on those can be found on an earlier post.
 
Roger does mention he is a long time ARC owner and audiophile. He intends on running the company himself and it will remain in U.S. He seemed to hint some he has a large manufacturing facility/space in China and didn't rule out some of the speaker line being sourced there.
More speculation asking potential owners to have faith and prior owners to keep the faith when no one should have any faith in any of it. As I said elsewhere, WHY, with so many amazing alternatives in today’s high end audio, would anyone spend these exorbitant amounts of $ on them
 
I certainly wish the new (old?) owner success. ARC has a long history in audio.

I personally see two challenges that are tough for them overcome no matter what they do:

1) I think few people will be willing to pay the current prices (I mean actual buyers - not people on the forums) and *hope* this time works. Especially with the question regarding past clarity on ownership. I think at best this will simply shore up used prices for older ARC gear knowing that (at least for a little while) support can still be had.

If they are not selling inventory, then there is no matter who is brought in or what is changed - little to no constant sales of new product = not sustainable.

2) I've heard Acora speakers time and time again, and they always - in my personal opinion - sound poor. Of all the dozens (hundreds?) of industry people and high end owners I know, not a single one owns, or wants to own Acora speakers. Sure someone can response with a "well I know one or two that do own....". It is the rare exception rather than the rule.

Again, I wish them nothing but the best.
 
Unless its a public company, nobody, outside of maybe their bankers and accountants, "knows" the financial condition of any small business and very few audio companies are big businesses. The only way you would "know" is to see audited financials and unless a bank requires it, most small businesses don't have audited financials, they have compilations and those are not the same.

So, all this is just guess work and I don't think any of us know ARC financials-I certainly don't. I also don't know the financial condition of any of ARC's competitors-unless its a public company, a business doesn't generally advertise distress. It does seem clear that there were deep disagreements between the majority owner and Acori - presumably a minority owner- and his wife's role seemed to be a big part of that-so its very personal. The 80% owner usually wins those fights. We can speculate that if they were all getting filthy rich selling tube amps maybe they would swallow hard and tolerate each other, but we don't know. ARC seems to have made a big bet on the new, less expensive products it brought to market-I don't know if those are moving or where one would find that information. I think most would agree that Hwang's unconditional agreement to keep ARC as an American made product is positive.

At any rate, ARC is an important historical figure in this business-I've never owned ARC products, but I hope it does well.
 
Roger does mention he is a long time ARC owner and audiophile.
I like to eat but I can't run a large restaurant. Every Industry requires special knowledge and skills. I don tknow the owner, I wish him all the best , but him being an audiophile is far from an important quality in my book.
 
I like to eat but I can't run a large restaurant. Every Industry requires special knowledge and skills. I don tknow the owner, I wish him all the best , but him being an audiophile is far from an important quality in my book.


I disagree, being an audiophile may not show you have business skills but he bought his first AR at age 20 and uses it today. Having that attachment to a brand leads me to believe he will have it's best interest at heart. You must have missed the part where he talks about his large facilities in both Canada and China. My impression he is already a proven successful business man.
 
I disagree, being an audiophile may not show you have business skills but he bought his first AR at age 20 and uses it today. Having that attachment to a brand leads me to believe he will have it's best interest at heart. You must have missed the part where he talks about his large facilities in both Canada and China. My impression he is already a proven successful business man.
Interest doesnt equal knowledge and experience in a certain industy. He runs a large company in a very different business. No one knows at this time whether that means its transferable to a very different business. History shows veryu mixed results. In fact most audio companies bought by outside investors have had a very mixed result and ARC is one of those comnpanies as this is the 4th owner , maybe 5th,
I have had a fork and knife for 70 plus years and I still cant run a restaurant.
 
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