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NHT is "going quiet" :(


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#1 of 4 OFFLINE   LanceJ

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Posted February 26 2009 - 07:13 PM

Guess I'll have to change my future plans as far as new speakers are concerned. Posted Image

Here's the press release from NHT a.k.a. Now Hear This:

Quote:
February 23, 2009

Dear Friends of NHT,

It's time to turn down the lights: NHT is going quiet.

Over the next 60 days we're going to sell the remaining professional and consumer inventory through our existing dealers and distributors, pay our bills, and then spend time rethinking the future of NHT. However, you should know that we are not bankrupt. Everybody here is fine and no, the car didn't get hit by a train. In a way this difficult economy provided the right opportunity for the change in strategy we felt has been necessary for some time.

One thing that is for sure is that this is not about our love for or commitment to the brand. It isn't about the audio business, either. It's all about the realities of the world and how consumer attitudes are changing, and how we as a brand and an industry can best respond to the need for real invention. We're anxious to get moving. When we do, it will be in the right direction.

NHT has always stood for something more than a great speaker. Our philosophy has to do with a way of thinking – about value, about fair play, about paying attention to what matters, about integrity. For us, it's a way of life.

We have a colorful history that included our share of distractions, but we hope we have made the speaker industry a little more interesting and helped in raising the bar.

We believe March 31, 2009 is to be the last day of "regular" business, at least for now. We intend to offer customer service and repair services for both in and out of warranty, available ongoing. Keep an eye on our website (nhthifi.com) for more details and the occasional update.

Remember, this isn't good-bye, it's just "see you on the other side"

Thanks for everything!

Chris, John and the entire NHT gang

Looks like their website is still up for the time being: nhthifi.com

They were one of three companies I had planned on buying from for my next HT system. Their Classic 3 bookshelf made it onto the cover of The Absolute Sound last year, quite an accomplishment for a speaker at that price point.

NHT has been one of those fun/quirky manufacturers since 1986 but at the same time always tried to give the customer quality & innovative gear for not much money, a very rare combination these days (a couple years ago the front page of their site featured a guy yodeling for about ten seconds on a mountain top before opening the rest of the page Posted Image).

I am afraid we will be seeing more and more respected audio manufacturers slipping away from us in the coming years. Posted Image

Audio companies have been dropping like flies before this economic meltdown started, so no telling what's in store for us now.

#2 of 4 OFFLINE   Mike_J_D

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Posted February 27 2009 - 03:00 AM

I love my NHTs - I've had them for 6 or 7 years now without a single problem or complaint. I hope they decide to continue to produce speakers and components; hate to see a great company dissolve.
HT - Denon 3808ci | Elite Pro-111FD | PS3 60gb | Panamax 5300PM | NHT ST4 | NHT SB2 | NHT SC1 | SVS 20-39 | NHT SA3

#3 of 4 OFFLINE   Jonathan Burk

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Posted February 27 2009 - 12:24 PM

That's really too bad (and weird; I've never heard of a company stopping business but not going out of business...?)

They were definitely one of the pioneers in the high quality/high value category of speakers.

#4 of 4 OFFLINE   LanceJ

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Posted February 27 2009 - 01:04 PM

Quote:
love my NHTs - I've had them for 6 or 7 years now without a single problem or complaint.
Compared to audio electronics manufacturers, I think speaker manufacturers may get hit harder for this reason: speakers tend to last for years and years unless severely abused which makes me believe their owners will hang on to them longer. And loudspeaker improvements are on an evolutionary scale, so really no need to "upgrade" as much as certain other components. For example I own speakers from Pioneer and Realistic/Radio Shack - 35 years and 31 years old respectively - that have never been repaired and both pairs work perfectly.
Quote:
Originally Posted by Jonathan Burk
......and weird; I've never heard of a company stopping business but not going out of business...?
With the way the economy's going nowadays, "weird" may be the only way to survive. Posted Image

Quote:
They were definitely one of the pioneers in the high quality/high value category of speakers.
That trait probably came about since some of the people that started NHT in the late 80s used to work for Advent. For the younguns out there Posted Image this was when Advent was a respected speaker company that provided gear that sounded very good for its price and while most models didn't use cutting-edge technology (Advent's stuff was a bit lower on the technology scale than NHT), the designers would come up with innovative uses for traditional materials/processes that made them sound better than they would in the hands of a less-picky speaker manufacturer.

FYI: here is Advent's first ever three-way loudspeaker, the 6003 which came out around 1984 (until this model, Advent had only sold 2-way speakers all the way back to its beginning in @1970, so a three way was a big, big deal at the time). And as you can see, Advent had a habit of styling their speakers so they blended in & actually looked nice in most living rooms. IMO their last attractive models - and last true Advents in my mind - were the dual woofer "Heritage" and "Laureate" tower models sold until the mid 90s, then they were bought out and the Advent name began its slide down the proverbial toilet.


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