4 Years ago, D&M Holdings parent company for Marantz and Denon was flushed of its liquid assets by Bain Capitol (Mitt Romney), next they terminated 150 employees @ Denon/Marantz USA while closing their own factories and pursuing outsourcing. Problem with outsourcing is now the design, production and quality control processes are farmed out. Last year they received some interim, marginal financing as they shifted their emphasis from lower-profit home theater products to the wireless HEOS categories for improved profit margin.
Also during this period...
Managment decided to go for mass market share, and sold their AVR products everywhere on the internet..
End-result was they sold a high quantity of entry-level AVRs while
losing the loyal support of their more profitable higher-end AVRs sold by the CEDIA installers.
Just my $0.02...
