Some more sad news to discuss on next podcast, it doesn’t look very good for B&O

I would not call it so sad.

A lot of companies in the audio/video tech world are in trouble at the moment.

The former danish (now more chinese, I guess) company Libratone/smart speakers has gone into bankruptcy.

Bang & Olufsen is on an extraordinary general meeting in June asking for new money.....money that already been granted from investors, who by now already are investors.

It seems that they trust B&O to have a future.

You can read about this on the B&O webpage (rather than from some journalist) under ‘investors’.

I was not able to find this text in english - but you can use Google Translate to 'make it' english......if you don’t already understand it.

Here is an excerpt:

’The capital increase is already fully guaranteed, as a number of large Danish institutional investors, including some of our largest Danish shareholders ATP, Chr. Augustinus Fabrikker and the Faerch Foundation, support the capital increase. We appreciate this support for the company, management and the new strategy. The Board of Directors and the Executive Board have also committed to invest in the company by participating in the capital increase and will also temporarily cut 20% in fees and salaries.’

It seems that the board and the directors are quite convinced that there is a future for B&O.

MM

’link

Same here about a second balance, played with my speakers yesterday. Made a group in google, with a beosound 1 and my balance, placed them like a stereo setup. Was so impressed, that I was thinking on asking my dealer to borrow a second balance for a day. To try a real stereo setup. But now I think I’m gonna hold on that though for a while, sadly... 

Hi Guys,

Good news, the beosound A1 gen 2 is bloody amazing!

I did a review obviously and you can find it here: https://youtu.be/FOQ8mXK8XEI

Michael

Hi  guys,

Here's the link for tomorrow: https://youtu.be/QFFfztSySJI

Same time same bad channel 😎

If there is anything you'd like us to bring up, leave them here or join us live in the chat😁

Michael

Who will be on the show?

MM

I'd be curious to hear more of your thoughts on the Besound A1 and its sound quality, and where you feel it stacks up in Bang & Olufsen's product range compared to both the M3 and P6 speakers.

john_service wrote:

I'd be curious to hear more of your thoughts on the Besound A1 and its sound quality, and where you feel it stacks up in Bang & Olufsen's product range compared to both the M3 and P6 speakers.