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Tempratt
WRMS Girls Soccer Team Kicks Ass
Member since Oct 2013
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Onkyo is gonnie-poo

Onkyo Bankruptcy

I always liked their stuff. Great mid-fi.


jlovel7
USA Fan
Louisiana
Member since Aug 2014
18576 posts

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 at 5:51 pm


efrad
USA Fan
Member since Nov 2007
17248 posts
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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.


tLSU
LSU Fan
Member since Oct 2007
8250 posts

Is it actually gone or are they just restructuring debt?


efrad
USA Fan
Member since Nov 2007
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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


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lostinbr
LSU Fan
Baton Rouge, LA
Member since Oct 2017
5971 posts

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.


footswitch
Alabama Fan
New Market
Member since Apr 2015
2396 posts

Back in the day was good stuff.


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NewIberiaHaircut
LSU Fan
Lafayette
Member since May 2013
10820 posts

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

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



armsdealer
New Orleans Pelicans Fan
Member since Feb 2016
5968 posts

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.


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efrad
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Member since Nov 2007
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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.


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coonass27
LSU Fan
shreveport
Member since Mar 2008
3419 posts

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 at 6:47 pm


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Obtuse1
Wofford Fan
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Member since Sep 2016
17460 posts
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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.


Macintosh504
Hawaii Fan
Leveraging Salaries University
Member since Sep 2011
48937 posts

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 at 7:01 pm


Tempratt
WRMS Girls Soccer Team Kicks Ass
Member since Oct 2013
10213 posts
 Online 

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.


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Tempratt
WRMS Girls Soccer Team Kicks Ass
Member since Oct 2013
10213 posts
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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.


efrad
USA Fan
Member since Nov 2007
17248 posts
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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 :(


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Fat and Happy
LSU Fan
Baton Rouge
Member since Jan 2013
13292 posts

I wonder who will buy them out


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jamiegla1
Member since Aug 2016
4317 posts

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


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lostinbr
LSU Fan
Baton Rouge, LA
Member since Oct 2017
5971 posts

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.


Twenty 49
LSU Fan
Shreveport
Member since Jun 2014
16101 posts

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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