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Speaker Asylum General speaker questions for audio and home theater. |
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Speaker Asylum General speaker questions for audio and home theater. |
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In Reply to: Thanks Charles, The Absolute Sound thought the Salon2... posted by Guy F on January 29, 2008 at 04:47:10:
It seems to me that many TAS reviews are less than critical. But I still think that the Salon 2 speakers have pretty much state-of-the-art drivers. The cabinet is a very big improvement over the originals. The original series had cosmetic features that created diffraction problems, while the new series has a much better design from an acoustic standpoint. As a bonus, they look much better too, in my opinion.
So I would say that they are definitely worth an audition. I would think that they would be very competitive with most speakers in their price range.
But as you found out, it may be hard to find a dealer. They never had very wide distribution to begin with. Part of the problem may have been the strange cosmetics of the original Salons. So they may be able to make some headway with the new series. On the flip side, many people may be unsure about Harman's future plans.
They are a $3.5 billion publicly held company. 70% of their revenue comes from car audio, 15% from pro audio, and 15% from home audio. They recently tried to sell the company for a ridiculously over inflated price that was more the 2x gross annual sales. Their stock had been trading at $100, and when news of the pending sale broke, it went up to $120. But then the deal collapsed, and the last I heard was that Harman shares were selling for less than $40.
I would assume from the fact that they were trying to sell it meant that the current owners are tired of running a conglomerate of audio businesses. And after the deal fell through, they are probably scrambling to find a way to boost their stock price so they don't get sued by their shareholders. (I think that may be happening anyway.)
So it's not clear to me that they have much focus on growing a division that represents (literally) about 0.1% of their revenue. It's a shame, as they are nice products. Probably the best thing that could happen would be for Kevin Voecks to find some investors to purchase Revel from Harman and run it as a private company. I have no idea how likely that prospect is.
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Follow Ups
- RE: Thanks Charles, The Absolute Sound thought the Salon2... - Charles Hansen 09:43:56 01/30/08 (2)
- Interesting stuff, Charles. You do realise it was Harman who`ve just bought Audio Research ;-) (nt) - Guy F 04:53:30 01/31/08 (1)
- RE: I assume you are joking. ARC was purchased by an Italian group. [nt] - Charles Hansen 10:41:51 01/31/08 (0)
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