Oinkyo No More?

Onkyo TX-NR686 A/V Receiver

As I mentioned in March, my excellent Onkyo TX-NR676 receiver has Chromecast Built-in. I was about to write more about what I’ve learned from using Google Chromecast for audio, when news of Onkyo’s demise appeared.

https://www.forbes.com/sites/marksparrow/2022/05/14/classic-japanese-audio-brand-onkyo-finally-files-for-bankruptcy/

The iPod has been discontinued, Bose is laying off, and now Onkyo is no more. Onkyo’s trouble can be blamed on their staying stuck in the classic receiver-centric model of home hi-fi. They did a great job of succeeding in the A/V receiver market, but most people now favor sound bars over true surround-sound systems. My thanks to the Onkyo software developer(s) who pushed out a final firmware update a few months ago, before the axe fell.

Follow-up: The Onkyo and Pioneer audio brands were sold last September to VOXX/Sharp, with Sharp itself being a brand that has gone under in the past. It remains to be seen how well this new business arrangement will work out in the long run.

https://www.klipsch.com/news/pac-response-to-onkyo-bankruptcy-filing

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