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Onkyo is gonnie-poo

Posted on 5/13/22 at 5:49 pm
Posted by Tempratt
WRMS Girls Soccer Team Kicks arse
Member since Oct 2013
13343 posts
Posted on 5/13/22 at 5:49 pm
Onkyo Bankruptcy

I always liked their stuff. Great mid-fi.
Posted by jlovel7
Louisiana
Member since Aug 2014
21308 posts
Posted on 5/13/22 at 5:49 pm to
I’ve got one of their stereos.

ETA: how are they doomed by streaming?

Isn’t the popularity of direct to home movies good for people who want to recreate the theatrical experience in terms of audio at home?
This post was edited on 5/13/22 at 5:51 pm
Posted by efrad
Member since Nov 2007
18644 posts
Posted on 5/13/22 at 5:54 pm to
Wonder what this means for Pioneer. I've always bought Pioneer receivers and as I understand it, Pioneer and Onkyo have been in an alliance sharing designs for a few years. Just got a VSX-LS305 for HDMI 2.1/4K VRR last month.
Posted by tLSU
Member since Oct 2007
8623 posts
Posted on 5/13/22 at 6:03 pm to
Is it actually gone or are they just restructuring debt?
Posted by efrad
Member since Nov 2007
18644 posts
Posted on 5/13/22 at 6:14 pm to
quote:

Is it actually gone or are they just restructuring debt?



From what I'm reading it's restructuring debt but they are eliminating "Onkyo Marketing Company" which is their home sales/installation business in Japan and also eliminating "Onkyo Sound Company" which is OEM parts they sell to other companies like vehicle manufacturers to be rebranded and not use the Onkyo name.

The retail products that carry the Onkyo branding that you buy off the shelf will continue to live on in the restructured company. So Onkyo is not gonnie-poo
Posted by lostinbr
Baton Rouge, LA
Member since Oct 2017
9342 posts
Posted on 5/13/22 at 6:15 pm to
quote:

ETA: how are they doomed by streaming?

Yeah I’m a little puzzled by that line as well. Seems to imply that the market is shrinking because of people streaming directly to phones/tablets but I don’t know about that. I don’t know anyone who streams movies/shows to handheld devices as a primary viewing method. Maybe this is a trend in Japan?

Seems more likely that the shift to sound bars and plug & play wireless surround systems would hurt them. There are a lot of decent semi-surround setups available nowadays that require a lot less knowledge/setup from the end user. And they’re cheaper on many cases to boot.

People also probably have less peripheral HDMI devices in general with built in streaming platforms on smart TV’s plus the popularity of stuff like Chromecast and AirPlay. I’d imagine people have less need for a dedicated switching device as a result. Where you used to have many devices - say a cable box, game console, DVD player, and maybe a streaming device like an Apple TV - now you might only have a gaming console and the built-in smart TV functionality.

Personally I don’t think I’ll ever ditch a dedicated A/V amp and a set of high quality speakers, but it’s probably not worth the hassle for a lot of folks.
Posted by footswitch
New Market
Member since Apr 2015
3909 posts
Posted on 5/13/22 at 6:19 pm to
Back in the day was good stuff.
Posted by NewIberiaHaircut
Lafayette
Member since May 2013
11553 posts
Posted on 5/13/22 at 6:25 pm to
Their stuff had gone to shite in the past 5 or so years.

I’ve always wanted to pick up this bad boy.

Posted by armsdealer
Member since Feb 2016
11500 posts
Posted on 5/13/22 at 6:28 pm to
Even if they got rid of their products they would sell the designs and means to make them and they would have lived on as another brand.
Posted by efrad
Member since Nov 2007
18644 posts
Posted on 5/13/22 at 6:39 pm to
quote:

Personally I don’t think I’ll ever ditch a dedicated A/V amp and a set of high quality speakers, but it’s probably not worth the hassle for a lot of folks.



Agree with this. But I don't hear many people I know in real life doing that any more. The mainstream market seems to have moved on from A/V receivers and home-theater-in-a-box systems towards soundbars and smart/wireless speakers.
Posted by coonass27
shreveport
Member since Mar 2008
3620 posts
Posted on 5/13/22 at 6:44 pm to
quote:

Agree with this. But I don't hear many people I know in real life doing that any more. The mainstream market seems to have moved on from A/V receivers and home-theater-in-a-box systems towards soundbars and smart/wireless speakers.


This! And I feel the same but technology has come so far and what they are putting in tvs as well as sound bars to be the hub, I don’t see it being around much longer with the accepting of high end systems.
This post was edited on 5/13/22 at 6:47 pm
Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
25618 posts
Posted on 5/13/22 at 6:58 pm to
Onkyo lost a step to Denon about 12 years ago and hasn't been able to recover. They tended to not have some of the features people wanted in the same price range as Denon. Then Yamaha started to come back to the forefront along with Marantz (same feature set as Denon) and Anthem. Then you have Emotiva with their 16 channel RMC-1 pre/pro with high-end DIRAC taking another bite and Onkyo lost their grasp on the upper-mid-fi market and was left fighting with Sony and Pioneer who could undercut them in price.

Streaming in general has very low bit rate audio compared to physical discs so the difference between a soundbar and a full 7/9/11/13 channel surround sound system is less appreciable.
Posted by Macintosh504
Leveraging Salaries University
Member since Sep 2011
52603 posts
Posted on 5/13/22 at 6:59 pm to
You can still listen to music through your phone using Bluetooth with your Onkyo receiver. I think it’s mainly dumb millennials thinking soundbars are actually good. Even then i never understood the concept of some people buying turntables and receivers and then using bluetooth speakers
This post was edited on 5/13/22 at 7:01 pm
Posted by Tempratt
WRMS Girls Soccer Team Kicks arse
Member since Oct 2013
13343 posts
Posted on 5/13/22 at 7:15 pm to
quote:

ETA: how are they doomed by streaming?


Yeah I’m with you. Doesn’t make sense. They had a real cool power amp with giant output meters. It’s been out of production for a few years. Wish I’d bought one. I’ll never learn.
Posted by Tempratt
WRMS Girls Soccer Team Kicks arse
Member since Oct 2013
13343 posts
Posted on 5/13/22 at 7:20 pm to
quote:

Their stuff had gone to shite in the past 5 or so years.


They were one of the few that still metal faceplates on their receivers AND not made in China.
Posted by efrad
Member since Nov 2007
18644 posts
Posted on 5/13/22 at 7:32 pm to
quote:

Streaming in general has very low bit rate audio compared to physical discs so the difference between a soundbar and a full 7/9/11/13 channel surround sound system is less appreciable.



And streaming quadrophonic or 5.1 music is pretty much nonexistent. I'm somewhat of a quad/5.1 music enthusiast, I've developed a sizable collection of surround mixes and it's required many dedicated hours of converting SACD, DVD-Audio, and BD-Audio discs with various tools/workflows I've set up to get raw rips to 4.0 and 5.1 lossless PCM FLAC files with metadata tags so I can play them from a NAS at the touch of a button instead of using discs.

Apps will stream 5.1 (albeit lossy) for movies, and they still create 5.1+ mixes of music and release on discs, but aside from a tiny bit of headphone-based Dolby Atmos content, no one has bothered to have a streaming app for true 5.1+ surround music. It's a shame :(
Posted by Fat and Happy
Baton Rouge
Member since Jan 2013
16993 posts
Posted on 5/13/22 at 7:35 pm to
I wonder who will buy them out
Posted by jamiegla1
Member since Aug 2016
6974 posts
Posted on 5/13/22 at 7:35 pm to
my 15 year old receiver is an Onkyo and I love it. Its missing any of the newer bells and whistles but it still sounds great
Posted by lostinbr
Baton Rouge, LA
Member since Oct 2017
9342 posts
Posted on 5/13/22 at 9:18 pm to
quote:

They were one of the few that still metal faceplates on their receivers AND not made in China.

My Denon has a metal faceplate and I’m pretty sure most of the comparable models from other manufacturers did as well, when I was shopping.

I believe my Denon receiver was built in Vietnam but I’m not convinced the assembly location really matters. We aren’t talking about hand-wired tube amplifiers. The PCB’s and amp modules in modern A/V receivers come from God-knows-where anyway.
Posted by Twenty 49
Shreveport
Member since Jun 2014
18756 posts
Posted on 5/13/22 at 9:33 pm to
I have an old Integra (Onkyo line) receiver that I like because of streaming. Many of the streaming devices or smart TVs don’t carry various apps, so I plug them all in the Integra and select as needed.

It currently has a Roku, Apple TV, Firestick, and a Blu-ray running to it. If my smart TV lacks an app, like Stadium for some LA Tech football games, I can hit the Roku and get it. It also runs a 5.1 surround system.

When it craps out, I’ll have to consider getting a new receiver, which you seldom see in stores anymore, or going soundbar and relying on fewer peripherals beyond the smart TV.

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