Legendary Japanese Hi-Fi Brand Onkyo Files For Bankruptcy

[HDTV1080P]

Originally Posted by Schrute Farms

Too bad. Its what happens when companies stop putting out new products. I've ONLY owned Onkyo receivers and I'm sad to see them go. The entire A/V market is collapsing. Electronic companies have stopped making disc players, receivers, projectors, etc. and I'm worried that home theater will disappear too. Too many consumers are content with watching TV and movies on phones so streaming is dominating.

My favorite A/V receivers were always Pioneer Elite, now there is only a few choices to choose from. Gone are the days of over 12 models of Elite receivers to choose from. The year 2019 Pioneer Elite receiver called the SC-LX904 for $2,999.99 might end up being Pioneers best Elite A/V receiver. Now I will have to consider a high-end Yamaha or Denon with up to 13.2 channels with Auro 3D and HDMI 8K switching.

I wish Pioneer would start making high-end receivers again. In the ideal world Pioneer should at the very minimum have 3 models to choose from. A flagship high-end $5,000 model, a $2,500 model, and a under $1.000 entry level model. But that might not happen.

There is less and less choices when it comes to Home theater equipment. Especially Blu-ray players and A/V receivers. Also there needs to be more choices of projectors and flat panel screens.