In Reply to: "No, nay, NEVER! Nay never NO MORE!" posted by John Marks on April 23, 2014 at 11:50:40:
holds the nations wealth.
Check the chart which shows that 80% of America have only 7% of the wealth of the country. How many of the top 5% are interested in audio. Extremely few and those who have "high end" audio are probably more concerned with cosmetics rather than true sound quality.
At one time these were the primary sponsors of American orchestras. These days sponsorships are dwindling and many, if not most, of America's orchestras are in financial trouble.
For a manufacturer, well, they simply have to go where the money is. If you're one of the 80%, well, then you command too little of the assets the manufacturers are going for (sorry, that's capitalism)
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Follow Ups
- The trend is determined by who - unclestu 12:27:08 04/23/14 (4)
- Best check for an updated chart ... that looks like the good ole days! :( nt - bjh 13:57:41 04/23/14 (0)
- Sorry, no it isn't. - John Marks 13:17:14 04/23/14 (2)
- I dunno, John... - rlw 08:14:50 04/24/14 (0)
- Agree: there's plenty of spending power below that 1%, IF the product generates excitement. - tinear 14:43:05 04/23/14 (0)