NHT Goes "Dark" In Bad Economy

By |


NHT_Logo.gifDon't call it a comeback because it isn't. Now Hear This (NHT) speakers is taking a hiatus from the bad economy according to a release sent out today. The company isn't going bankrupt. They are selling off their current pro and consumer inventory and taking some time to as they say "go fishing".

NHT is currently run by the founders of the company but had been sold a few times in the past decade which has greatly damaged the brand's market position.

March 31, 2009 is NHT's last day of "regular business".

Its not impossible to see a scenario where Chris Byrne and John Johnson return to the speaker business with NHT hopefully for them (and all of us too) it will be in a more healthy economy.


  • Comment on this article

Post a Comment
comments powered by Disqus

Latest Industry Trade News

Oct 04
Sound United Will Not Be Acquiring Onkyo's Home Audio Division Looks like Onkyo, Pioneer, Pioneer Elite, and Integra aren't coming under the Sound United umbrella after all.
Sound United Will Not Be Acquiring Onkyo's Home Audio Division

Aug 02
Control4 and SnapAV Complete Merger SnapAV and Control4 announced this week that their merger, which was announced earlier this year, is now complete. This follows...
Control4 and SnapAV Complete Merger

Jun 28
Klipsch Audio and SnapAV Announce Exclusive National Distribution Partnership SnapAV, it seems, is intent upon conquering the AV world. Barely six weeks after announcing its merger with Control4, SnapAV...
Klipsch Audio and SnapAV Announce Exclusive National Distribution Partnership

Jun 27
RBH Sound Announces New Owner and President This week, RBH announced that Roger B. Hassing, the company's founder and CEO, has retired. For full details on the...
RBH Sound Announces New Owner and President

Jun 10
How A.I. Is Reshaping the Home Theater By now, you probably know that artificial intelligence (AI) is being employed to one degree or another in digital voice...
How A.I. Is Reshaping the Home Theater