Published On: February 24, 2009

NHT Goes "Dark" In Bad Economy

Published On: February 24, 2009

NHT Goes "Dark" In Bad Economy

Now Hear This, aka NHT, is a speaker company with an interesting way to get around tough financial times. NHT isn't filing for bankruptcy or going out of business. Instead, the firm plans to sell its current inventory and then simply take a break for awhile.

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.

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