I knew a few years back that Denon and Marantz HT receivers were coming from the same factory but I did not know that Phillips was no longer affiliated with Marantz for almost 6 years. I have not found out yet exactly who Marantz is now. There is a Marantz America and Marantz Japan, I'm assuming they are basically the same company. I wonder who the parent company is or if they became their own company.