NHT Takes a Break from the Audio Biz

Filed under: Home Audio > Speakers > Floorstanding Speakers



Chris Byrne, co-founder of Now Hear This. (otherwise known as NHT) has posted a letter saying that NHT plans to take a breather from the speaker building business. Apparently NHT is not bankrupt, and they do not plan to shutdown, but they will be quitting regular business operations as of March 31st in order to evaluate the future of the company. Current NHT owners shouldn't worry, as support for products both in and out of warranty will continue.

In the letter, Chris writes: "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.

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."