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  1. #1

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    Exclamation Recoton files for bankruptcy protection

    http://www.stereophile.com/shownews.cgi?1618

    Recoton is the parent company of Advent, Acoustic Research, Jensen, and several others. They had also owned NHT until they sold it to Rockford in December.

  2. #2

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    Thats a shame, if acoustic research doesnt get bought and continued, Monster cables are only going to get more expensive.

  3. #3

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    A lot of those subsidaries are failing.
    We also are loosing on of my very favorites--"DUNLAVY" They're
    ramaining stock can be bought extremely dirt cheap
    System #2
    Yamaha cdc-755,(20 bit DAC )
    Yamaha KX W382 cassette deck,
    ADCOM GFA-545-II.ampfilier,,
    ADCOM GFP-450 Preamp ,,BBE audio Restoration System (ARS)--Monster--M850I Innerconects and Monster 14 gauge speaker cable and the Fabulous POLK RT-7's with a Velodyne 12/15 subwoofer system ....she rocks.........
    .............................
    System #1:
    Meridian 508-24 cd.(20 bit DAC)
    Adcom -Gfp 750 preamp,
    Bryston 14b-sst amplifier,
    Martin Logan Prodigy Electrostatc speakers.and Acoustic Zen Silver Reference II innerconnects (rca) with Acoustic Zen Satori Shotgun speaker cable.
    ............................. "Jazz is democracy in music".
    .............................

  4. #4

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    seemed like their website is all but gone, was that where you said the deals were? Somehow I think my 'dirt cheap' and your 'dirt cheap' may be orders of magnitude apart ;)

  5. #5

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    The bankruptcy thing is just bankruptcy protection as they restructure. They have recently sold NHT, Stinger, Best Kits, and Interact in an attempt to pay off some debt (those sales gave them about $50 Million). I know that the Chapter 11 is only in the US, and here in Canada, Recoton is not in bankrutpcy protection.

    Don't count them out yet...

    Jason

  6. #6

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    north51,

    heard from a couple of sources from Future Shop that they're phasing out the AR products. They'll start introducing monster by next week.

    Any word of that? Personally I think they're out.

    Too bad you're missing out on the AR sales points but then again they're going bankrupt!!

    Lookin out for deals soon.
    Polk Rt800i -Fronts
    Polk cs400i -Center
    Polk fx500i -side surrounds
    Polk rc60i -rear surrounds
    Onkyo TX-NR 1009 (9.2) receiver
    Velodyne cht12
    Polk psw111

  7. #7

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    Bebgie,

    From what Recoton is telling us, they're sticking around. That is what you would expect them to say, though, so we'll see what happens.

    The Monster Cable will be set up in stores this week. With the Best Buy merger, I expected this because BB carry Monster.

    I guess it's a wait-and-see with Recoton.

    Jason

  8. #8

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    Originally posted by north51
    I guess it's a wait-and-see with Recoton.

    They're out. With them firing all staff in their New York HQ, it's bound to trickle down. Plus, it makes you think -why Future Shop is NOW introducing Monster and reducing AR !!!! That's enough proof for ya .

    Don't hold your breath for these guys. They made some good products.

    Now it's just a matter of timing to catch any liquidation sales !
    Last edited by begbie; 04-18-2003 at 12:46 PM.
    Polk Rt800i -Fronts
    Polk cs400i -Center
    Polk fx500i -side surrounds
    Polk rc60i -rear surrounds
    Onkyo TX-NR 1009 (9.2) receiver
    Velodyne cht12
    Polk psw111

  9. #9

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    The bargain sales has already started:

    http://store.acousticsounds.com/pyth...wsletter041703

    still expensive, but nevertheless, a lost cheaper than msrp.

    EDIT: wrong items, still a good discount on Audioquest I/C
    Last edited by polkatese; 04-18-2003 at 02:13 PM.
    I am sorry, I have no opinion on the matter. I am sure you do. So, don't mind me, I just want to talk audio and pie.

  10. #10

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    Originally posted by polkatese
    The bargain sales has already started:

    http://store.acousticsounds.com/pyth...wsletter041703

    still expensive, but nevertheless, a lost cheaper than msrp.





    Huh?? Where's Acoustic Rearch we're all talking about here ?
    Polk Rt800i -Fronts
    Polk cs400i -Center
    Polk fx500i -side surrounds
    Polk rc60i -rear surrounds
    Onkyo TX-NR 1009 (9.2) receiver
    Velodyne cht12
    Polk psw111

  11. #11

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    begbie,
    my mistake, disregard....
    I am sorry, I have no opinion on the matter. I am sure you do. So, don't mind me, I just want to talk audio and pie.

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