Pioneer done making tv's

[pixelthis]

Pioneer is DEAD.
And it wasnt a factor, but backing the wrong tech didnt help.
PANASONIC is gonna buy the carcass, it will hang around awhile,
then the historic will happen, this vernerable company that has been around forever,
whose receivers helped popularize audio in the seventies, will be gone.
And they wont be the last.
Main problem, they cheaped out their main line of receivers, and in an attempt to
get some "street cred" back, came out with the elite line of products,
which were too high line for most.
And the people who could afford Elite, WHY?
FOR THOSE PRICES YOU COULD GET TRULY high end gear.
In the ensuing storm thats coming, get ready to see the passing of some names that
have been a part of your life foever, only the strong will surrive.
Pioneer is just the first.