
Sources close to HomeTheaterReview.com have provided a full listing of assets being liquidated from Belgian-based Final Loudspeakers as the embattled electrostatic speaker company is giving up the ghost.
Final Loudspeakers were among the first to make flat speakers that were visually transparent and mounted on-wall to match today's large format, flat HDTVs. Companies like MartinLogan quickly took the concept and ran with it in ways that Final Loudspeakers could not even with the help of industry veterans such as Nancy Weiner (former Atlantic Technology exec) and Ed Stadlen (before he left to run national sales for Mark Levinson). Ultimately, Final never got anywhere with market share in the United States.
But the scandal around Final Loudspeakers was its higher executive team as its CEO, Gaston Bastiaens, was involved in what media analysts call "the Enron of Europe" via a company called Lernout and Hauspie which made voice recognition software. L&H raised a lot of money in the go-go 1990's but never delivered on its promise, resulting in investigations and trials for Bastiaens and his executive team. Note, this was the same executive team that ran Final into the ground with some in the AV industry asking tough questions about just how the money for Final was raised.
Featured Audio-Video News
24-Tech: Ideas On How To Get Your Home Theater Working Like It's Installed At CTU -
24 was a great show that had some ridiculously impressive technology. So impressive, it defied the reality of the actual technology used. However, the ideas are great. Jerry Del Colliano thinks about how those ideas could be translated to home theaters.
Latest Industry Trade News
FCC Changes the Rules, Could Kill Boxee -
An new rule change has been presented to the Federal Communications Commission that could affect the way millions of Americans watch television, costing them more money. Boxee, the set-top company, also faces major problems from the change.
24-Tech: Ideas On How To Get Your Home Theater Working Like It's Installed At CTU -
24 was a great show that had some ridiculously impressive technology. So impressive, it defied the reality of the actual technology used. However, the ideas are great. Jerry Del Colliano thinks about how those ideas could be translated to home theaters.
Consumer Confidence Highest in Four Years -
The Consumer Electronics Association continues to measure consumers' response to the electronics industry and the economy as a whole. With their latest survey, CEA seems to have good news.
2012 CES Show Report -
HomeTheaterReview.com's staff, including Adrienne Maxwell, Andrew Robinson, and Jerry Del Colliano, headed to the 2012 Consumer Electronics Show. Here's a report of what they found while they were there.
Many New Audiophile Companies Target "One Percenter" Clients At CES 2012 -
New companies emerge at CES and bring their products with them. However, these new companies are embracing old methods that will cause them to have a hard time breaking into the marketplace.
AVN Adult Entertainment Expo and CES 2012 Will Not Coincide -
After many years of coexisting with the Consumer Electronics Show, the AVN Adult Entertainment Expo and the Adult Novelty Expo have decided to change schedules and venues.
Gibson Buys Majority Interest in Onkyo -
Gibson has made quite an impressive deal with Onkyo in which Gibson will take over majority interest in Onkyo USA and the second largest owner in the company as a whole. But how will this deal affect the companies?
What Drives The Consumer Electronics Business Beyond 4K Video and 24 Bit Audio? -
Blu-ray and 3D may be the present, and 4K may be the near future, but what is beyond that? The list contained in this article gives several possible places the future of home theater could be heading to.
Producers Guild to Hold 2012 Produced By Conference Sponsored By CEA -
The Producers Guild of America is hosting its Produced By Conference again this year, but with one notable difference. This year, the event will be sponsored by the Consumer Electronics Show and the Consumer Electronics Association.
CEA Ends Tech Enthusiast Program -
The Consumer Electronics Association has decided that their Tech Enthusiast program is not worth continuing. However, the organization will continue to engage consumers and move the program's content to a new location.


Comment on this article
It couldn't have happened to a "nicer bunch" . They knew just enough to make them dangerous, arrogant, and ignorant of how to do business in the USA. The fact that two industry veterans were not able to pull them out of the muck, shows just how much they didn't "get it". Also, it didn't help that the product has serious design issues that made it unusable for most applications, while claiming that their design "fixed " those issues .. NOT. They lied to themselves, their employees and to their dealers. Bye Bye. You will NOT be remembered fondly.
I couldn't agree more with the above comment. Mom always told me that "a little knowledge is dangerous", and this group certainly proved it. They had just enough knowledge to NOT follow the advice of the two industry vets mentioned in your article who have many years of experience between them, so surprise. . . the line failed! This "nicer bunch" as described above seemed to tell a great story, but in the end it was all smoke and mirrors. So, as in a puff of smoke - they disappear. They won't be missed.
I have two friends who own these speakers, both are very happy with them. One has had some warranty issues, but albeit slowly, they were handled.
The irony is the one who had warranty issues lost tons of cash on L&H....
No information about a liquidation sale for US inventory? That is such an obvious question.
I am surprised there in no information in this story about what is important to readers
Phil puts it perfectly. That info is the only reason I read this article and lo and behold zilcho.
I don't have the US information. You might want to try to seek it out via Belgium and work your ways backwards.
Honestly, I am not sure how much inventory was left in the US as Final hasn't been viable for a very long time.
This whole thing was a total waste in that they had a happening products poised to sell right along with the mid-2000's boom in HDTVs and they blew it. Totally blew it.
I remember how Radio Shack years ago blew it because they were unaware the Belgians
exchange christmas gifts on the feast of St. Nick early in December. That's arrogance as
well. Talk about no knowing the market!
I bought a demo pair of the 300i speakers with 2 problems out of the box! One of the speakers was arcing in the middle area and the second problem was that these speakers are supposed to be mirror images of each other - I receieved 2 left speakers. Okay, these were such a bargain that I spent 2 weeks trying to solve the arcing problem, temporarily at least, and then had the oppurtunity to hear them without sparks! I will reserve my opinions for the time being until I have a had a decent chance to listen to them properly, by setting them up reasonably well and spinning some familiar music. But, if I were to tell you that people who have heard them, as they are, were astonished at their amazing clarity and detail is beyond subjective prejudice. No doubt in anyone´s mind here that these marvels easily beat your everyday box speakers. Therefore the product is recomendable, regardless of the people who chart their course, one has to be able to separate these two. Further more, I should add the following: for best results you will need 2 subwoofers, ( the variation with one subwoofer in the middle is not feaseable in my sitting room ). The 300i are floorstanding speakers, placing each one on top of a subwoofer ( my present situation ) seems to beam the sound above my head, as I get a louder response if I were to stand up. Elsewhere in the room the sound is not so loud but in my listening position, no complaints. When I watch TV, the dialogue is so clear that the volume level is lower than with cone speakers, but the amplifier volume dial is higher than it used to be with my sony half egg shaped speakers. More to follow soon. Obviously, I am still on the learning curve here, so any advice or suggestion is welcome from you folks out there. Do please respond, cheers!
Post a Comment
You are encouraged to post your comments using Facebook on HomeTheaterReview.com. Simply sign in to your Facebook account below and post away.