My latest video has created quite the discussion.

Danny Richie

https://youtu.be/JaQ3L9LByYc?si=nHdEdu7Q2XerXdzR

It is about the absence of the middle of the industry, the aging of the industry, and how to reach a new younger audience.

You guys can feel free to add onto here.

Early B.

Re: My latest video has created quite the discussion.
« Reply #1 on: 4 Aug 2026, 08:31 pm »
Yep. I think the high-end audio industry will die as fast as the old dudes die out. Audiocircle is a testament to that. Ten years from now, the audiophile community will be half the size it is now.  I can't imagine wealthy young people paying $50K for an amp in 2036. But a headphone rig or some sort of wearable device -- certainly. I also think tube gear will induce extreme anxiety in these young folks. :lol: 

Huskerbryce

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Re: My latest video has created quite the discussion.
« Reply #2 on: 4 Aug 2026, 09:52 pm »
I am 48 and got started in audio at a young age winding my dad’s Sony reel to reel and putting records on his Marantz stereo.  I have tried to get my kids into audio.  They have different interests and taste than me.  My college age/teenagers are into audio/noise cancelling headphones.  They could care less about a quality DAC to go with it.  My older 2 just wear mid to high end headphones for everything.  They stream tidal through their computers and watch youtube videos and play games, living with headphones on.  Surprisingly my younger daughter (12) is more into going down to my HT room and jamming out to a concert than anyone else in my family.  Ive transitioned into DIY stuff and tweaking what I can.  It’s fun to be older and have discretionary income to do it.  I am in my audiophile peak.  I hope some of it wears onto my kids so when they get older the music enjoyment stays alive.  When the big stereo is on my kids all do enjoy solid bass response.  I hope to order another GR OB double trouble sub to use at the base stand for my NX Center.  Will have to be a custom shaped tapered box.🤔   Need to talk to Danny about that.

Early B.

Re: My latest video has created quite the discussion.
« Reply #3 on: 4 Aug 2026, 10:09 pm »
I recall attending a local audiophile gathering 25 years ago. I was in my 30's at the time, and I was the youngest person in the room. The next youngest person seemed like he was twice my age. I felt out of place and never went back. Aside from family, there isn't much in common between old audiophiles and young ones, and no transfer of knowledge.

On top of that, it helps to have a stable home if you're gonna build a hifi system, and fewer young people own homes. The typical first-time homebuyer is now a record-high 38 years old, up from 33 in 2020.  https://www.realtor.com/news/trends/homeownership-rate-first-time-buyer-age/

HAL

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Re: My latest video has created quite the discussion.
« Reply #4 on: 4 Aug 2026, 10:43 pm »
Got my 3- 30's nephews involved in music when they were young.   They had my Hafler DH200 amp, DH110 preamp and a pair of AV123 X-LS speakers.  They still have that system and enjoy it.

Two of the nephews now have Magnepan systems with MG10QR and LRS speakers, OB 2-1x12 subs and using a dspNexus for DSP crossover and control center setup by their uncle.  :)

Start them early and they will hear the difference.

« Last Edit: 5 Aug 2026, 12:13 am by HAL »

BrandonB

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Re: My latest video has created quite the discussion.
« Reply #5 on: 4 Aug 2026, 11:49 pm »
You know I think the Chinese has filled the gap with good affordable equipment relative to the price of the high end stuff.  You won't see much of their equipment at the shows but you see it online.  Who can blame someone for purchasing equipment from Holo Audio, Denafrips, Matrix, etc when it is 25% less. 

Doublej

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Re: My latest video has created quite the discussion.
« Reply #6 on: 5 Aug 2026, 12:42 am »
There has never been more choice at all price points than there is today.

The value proposition of gear has never been greater.

The only people concerned about the aging of the industry seem to be the old people.

The younger audience has already been reached. They just don't embrace the same audio 'values' that many old audiophiles are stuck on.




Early B.

Re: My latest video has created quite the discussion.
« Reply #7 on: 5 Aug 2026, 04:42 am »
The only people concerned about the aging of the industry seem to be the old people.

The younger audience has already been reached. They just don't embrace the same audio 'values' that many old audiophiles are stuck on.

Are young people buying midfi and high-end audio gear at the same rate we did when we were their age? Probably not. That's OK, and there are lots of reasons, but it marks the end of the heyday for audiophiles. Can you imagine a young person salivating over a pair of 100 lb. monoblocks as we did? Nope. It's a hobby that won't return to its former glory.

If I were in my 30s or 40s right now, there's no way I'd spend $10K or more on a hi-fi system, even if I could afford it. Let's be honest -- much of what we do is ego-driven. We love to show off our systems to anyone who will listen. Today, young people don't care about that.       


Doublej

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Re: My latest video has created quite the discussion.
« Reply #8 on: 5 Aug 2026, 11:39 pm »
Are young people buying midfi and high-end audio gear at the same rate we did when we were their age? Probably not. That's OK, and there are lots of reasons, but it marks the end of the heyday for audiophiles. Can you imagine a young person salivating over a pair of 100 lb. monoblocks as we did? Nope. It's a hobby that won't return to its former glory.

If I were in my 30s or 40s right now, there's no way I'd spend $10K or more on a hi-fi system, even if I could afford it. Let's be honest -- much of what we do is ego-driven. We love to show off our systems to anyone who will listen. Today, young people don't care about that.     

I don't know how many young people are buying high-end audio but there still seems to be a plethora of manufacturers out there.

You'll have to ask Jay's Audio Lab if he has anyone salivating over 100lb monoblocks as that is his business model. The formerly salivating young people I know are drooling audiophiles now! Most want class D amps because they have hernias from lifting 100lb monoblocks.

The show offs abandoned 2 channel stereo many decades ago for home theater.

corndog71

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Re: My latest video has created quite the discussion.
« Reply #9 on: 8 Aug 2026, 02:37 pm »
The guys at Schiit audio have said their biggest sales mostly go to their lower cost products.  They’re doing quite well all things considered.  They make products that are fun, cheap, and sound great.

goggle1824

Re: My latest video has created quite the discussion.
« Reply #10 on: 8 Aug 2026, 05:48 pm »
Interesting. I wonder if by “biggest” they mean by volume, or gross revenue or maybe margin?

I mostly mention this rhetorically, because three different answers I would expect indicate three different series of insights, but the details are often where the “business reality” of the situation exists.

Norman Tracy

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Re: My latest video has created quite the discussion.
« Reply #11 on: 10 Aug 2026, 08:04 pm »
Interesting. I wonder if by “biggest” they mean by volume, or gross revenue or maybe margin?

I mostly mention this rhetorically, because three different answers I would expect indicate three different series of insights, but the details are often where the “business reality” of the situation exists.

My belief is regarding "volume, or gross revenue or maybe margin" answer is for Schiit is 'all the above'. Now that they are finished moving from California to Texas I believe they are at two manufacturing facilities plus just spent six-figure money on setting up in-house PCB production plus salaries for a couple dozen employees including in-house software developers for both devices and smart phone apps.

Checkout https://www.schiit.com/about and they are all about " affordability—because, let’s face it, audio’s a lot less enjoyable when you’re eating ramen to pay for your gear."

nlitworld

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Re: My latest video has created quite the discussion.
« Reply #12 on: 10 Aug 2026, 09:02 pm »
"because, let’s face it, audio’s a lot less enjoyable when you’re eating ramen to pay for your gear."

Hey I resemble that remark! Good thing I love ramen.  :lol:

CopperFoil

Re: My latest video has created quite the discussion.
« Reply #13 on: 11 Aug 2026, 01:40 am »
Danny, the problem is many don't know what "middle" is, and there is a lot of JUNK in little black boxes that get shilled - multiple times per week. 

Solicit people to send you some gear (I can).  Those chip amps are getting long the teeth... you need to get out more.  :P You want soundstage?  Put amps on them with a lot of 2nd Order Harmonic.  I know for a fact... if anyone just takes the time to see what is happening on Nelson Pass' forum... he is literally is giving away the secrets.  It's not just about saving money.  You literally CAN have your cake and eat it too.

Gear?  I can build a system that will stomp most things out there for under $2k, plus speakers. 

Step 1:  Seek out a used RME ADI-2 DAC FS, or one of the 2 other models in that family. It's not yet another magic black box made of Chinesium.  It is made of Germanium... and for some this is the first time they've heard of it - because it's serious gear made by a serious company who make the gear that processes music you listen to.  It is a studio piece.  DAC, PEQ, and a preamp that swings big volts on output.  Digital EQ (PEQ) if you want it, is done in the digital domain.  I have owned one of those $50k preamps.  I know what that stuff is.  I also looked funny at it when I saw that it has an SMPS power supply.  And then it replaced a $12k preamp...

That unit is one of the best / least known secrets in all of HiFi.  The good news is, RME is updating the entire line of those right now.  I own a ADI-2 DAC FS and the ADI-2/4 PRO SE... which also accepts Phono input. 

I am telling you... you can (and I have) run an entire front end with that $700 (used) box. One less set of cables, too.

Step 2:   Go to diyaudiostore.com and look at the amps.  Then, go on the Pass Forum and make a friend - you will be surrounded by them.  If you can't do the build with a build guide that has step by step pictures... commission someone to build it for you.  Those amps can be built, by you, for under or a little over $1k.

Step 3:  Buy speakers from Danny

***Wild Card***: UPS Tuning

If you want the speaker you want... fine.  Go get it; however, put it thru the UPS Measurement Correction System. 

When you get the speaker you just gotta have, call Danny... then box that sucker up and put a UPS label on it and send it to him so he can fix it. 

It works every time it's tried... well, except for that recent one - but let's face it, you can't polish a turd.

Go ahead. Pick any speaker you want. Be Happy.  Then we will find out how smart you are when you admit there is something you aren't happy about... and that is visceral, it's not gonna get any better - you're just going to be conditioned to your new normal of still being unhappy, and you don't know why.  You know why.  Lower your ego and admit it... then send ONE speaker to Danny.

TIP: Better to do that sooner than later. 

Are you not aware that Danny has people sending him BRAND NEW speakers that you never hear about??? Do you think the only speakers that come to his shop are the ones you see a video about?

This is the best way for the least money... (And can be argued to be the best way, period) 

You've been told.  No excuses now for having buyer's remorse anymore... Front end and a KEEPER amp for under $2k, with sound you've likely never experienced... because if you had, this wouldn't be news to you.

As for Young People and Money, well, I see a lot of expensive tattoos and smell a lot of weed... young people find money for what's important to them.

Just like everyone else.  :D

brooklyn

Re: My latest video has created quite the discussion.
« Reply #14 on: 11 Aug 2026, 05:36 pm »
I remember back in the 70's, me and some buddies would pile in a car and travel to 3 or 4 stereo stores in one day to see what was available.. Stores like Harvey Sound, Stereo Warehouse, Audio Den and even Crazy Eddie.. we would hang out for a couple of hours in each store and talk things over with a sales person.. Most of the time he would be happy to chat with you even if your weren't buying anything.. It was a day event..

Sometimes one of the guys would buy a pair of speakers or new amplifier.. Even then it was affordable to buy one piece of gear and bring it home and spend hours listening to music with your new addition. You cant really do that anymore.. It's all dwindled down to an online experience.. The only places to go these days are music stores, fortunately there are plenty of those in my area.. So where is a new audiophile supposed to go and get that experience, Best Buy?   

Tyson

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Re: My latest video has created quite the discussion.
« Reply #15 on: 11 Aug 2026, 07:28 pm »
I find I hit a place of stability with my system and a lot of that fun money has pivoted to live performances instead. 

I wonder if in this age of free streaming and free online content, if more people are also shifting towards live shows as a way to more directly connect with the artist.

Early B.

Re: My latest video has created quite the discussion.
« Reply #16 on: 12 Aug 2026, 12:04 am »
I find I hit a place of stability with my system and a lot of that fun money has pivoted to live performances instead. 

I wonder if in this age of free streaming and free online content, if more people are also shifting towards live shows as a way to more directly connect with the artist.

Well, there are certainly a lot more forms of free entertainment available than we had growing up. One could argue that younger people have less need to pay tons of money for home entertainment. These kids are happy to watch a movie on their cell phones or tablets. Instead, their money goes toward higher rent/mortgages, student loans, restaurants/food delivery, and a new smartphone every year. 

Norman Tracy

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Re: My latest video has created quite the discussion.
« Reply #17 on: 18 Aug 2026, 07:16 pm »
Who Killed the Middle of HiFi?

Danny, congratulations on making the USA track and field team for meet in South Korea. Your recent video and the questions raised inspired me as High-Performance High Value HiFi is my passion. Inspired as 2000+ words so get your favorite beverage and settle in. Or declare TLDR and move on.

Danny’s recent video is titled and asks “Who Killed the Middle of Hi-Fi?” He asks some very interesting questions listed out and discussed below. The premise that the middle of Hi-Fi has been killed is based on his visiting Southwest Audio Fest in Dallas TX July 2026. I exhibited at SWAF’26 in the Marketplace and thanks to my co-exhibitors teaming to cover our exhibit had the opportunity to see and hear most of the rooms. Based on the sample at SWAF the middle of Hi-Fi is missing, perhaps killed off or withered away. My take is the middle is alive and well, but not marketed at shows like SWAF. In 2026 with a very limited supply of brick-and-mortar dealers both smaller boutique and the high-end, higher-end, and hyper-end manufacturers & distributors & dealers use shows like SWAF, T.H.E., and AXPONA to market to both dealers and end users. The ‘middle’ manufactures have by and large moved marketing to YouTube and other of the “socials” online, deals with Best Buy, Crutchfield, Music Direct, et.al.. And a good number of brands sell direct themselves. Amazon has got the middle class used to an ecosystem of order online today, it arrives shortly, and after trying at home keep or use the generous no or low-cost return policies to send it back and try again. Extended in-home auditions were once reserved for dealers’ top frequent flyer clients, now one can have it for a $600 Denon integrated amp.

Questions To Discuss
•   What do we name this movement?
•   Should High-End brands go more affordable?
•   Who Abandoned the middle – Brands or Buyers?
•   Are Hi-Fi shows reaching new people?
•   Has YouTube helped or hurt the divide?
•   What’s the upgrade path from affordable Hi-Fi?
•   Is DIY the missing middle?
•   What does expensive audio actually buy?
•   What about a price-capped Hi-Fi show?

What do we name this movement?
My suggestion is High-Performance High Value HiFi. Gets the concept across without some damning with faint praise phrase like ‘mid-fi’ or ‘middle’.

Should High-End brands go more affordable?
My observation is that is a heroic but often suicidal mission. If the market longed for ‘affordable high-end’ then Hafler and Adcom would still be in business. The PS Audio Sprout would still be in production. Not always the case, below I feature a gem from Parasound I discovered while writing this, the NC 200INT Integrated Amplifier.

At play the typical High-End brand’s manufacturing capabilities if made in USA, UK, or EU are geared to lower volumes in high labor and regulatory cost regions. Is location of manufacture a key part of the brand identity? Do they have the capability to locate and QC OEMs in Asia? A marketing and brand identity consideration is likely the first consideration. Like it or not many if not most buyers of luxury goods judge prospective purchases based on price and market hierarchy. It is a difficult equation to solve, can an ‘affordable’ version of our high end products be made with sufficient margin to be worth our investment and marketed in a way that does not diminish the hard built status of our brand?

Complicating these discussions is defining ‘high-end’ and ‘affordable’, which we are never going to agree on. My definitions are as follows.

Hi-End HiFi are components and systems placing primary importance on using the current state of the art knowledge set to produce sound reproduction at the highest level a product’s budget will allow. Second high priority is good design, fit, and finish recognizing pride of ownership comes from both sonics and visuals.

Affordable is what a music and HiFi loving student or just-got-my-first-real-job young adult can afford. I agree with Ken Kessler’s great article here (https://www.soundstagehifi.com/index.php/international/soundstage-uk/1564-ken-kesslers-new-stereo-system-part-one) for us grey beards a good way to put a number on that is what did I spend on my first HiFi? In this article Kessler writes:

Back to being spoiled rotten (as a professional HiFi reviewer): I will never forget my roots, beginning with the system I purchased at the age of 16, the loan for it taking two years to pay off. It was 1968, and I was working two jobs, but I just had to have a decent sound system. I went into hock for $700—equivalent now, I was horrified to learn, to $5378. What 16-year-old wants that kind of debt? But—unlike the whining bitches who reek of envy because someone else has a costly MC which they claim they can’t afford—I prioritized my finances, decided music was more important than a car, food, a steady supply of pot, or saving for college, so I paid it off from a paper route and slaving over a vat of hot fat at KFC.”

I love Ken Kessler’s writing, have read him for years in Hi-Fi News. For me the stereo that went into my dorm room sophomore year 1974 cost $850 or $5,757 in 2026 US dollars.

For this discussion let’s say affordable is $5,500 USD. Let’s put together some systems with that in mind. One leveraging high-tech integration, what I call Moore’s Law HiFi or John Darko labeled Future-Fi. Second a more traditional HiFi from separate components. Third a starving-artist option for as little cost as possible to get into the wonders of HiFi. Finally, is the Hi-Fi music lover I am calling the Young Married; getting started, first baby has arrived and some discretionary income is available but must be spent wisely on a system that will last years.

Moore’s Law Future-Fi
KEF LS LUXE $3999/pr, stands KEF S-LUXE Custom floor stands $799/pr, subwoofers KEF Kube 8 MIE $699 each total is $5497. This is Future-Fi so we’re streaming music from our laptop or tablet or phone via Ethernet or WiFi via Roon or UPnP or KEF Connect app. My 1974 dorm stereo was powered by a Marantz 1060 integrated amp with a big 30 watts per channel. Thanks to class-D (A/B for the tweeters) this Future-Fi rig has 100 watts for each tweeter, 280 for each woofer with motion control feedback, and 300 watts on the subwoofer, total 1,060 watts. Thanks to Moore’s Law the multiple DSPs involved have 100 or 1000 times the processing power of the mainframes we programmed in Fortran using punch cards in 1974.

Traditional separate components HiFi
I have to do a couple here. First EverSolo DMP-A6 Gen 2 Network Streamer & DAC $859, Parasound NC 200INT Integrated Amplifier $1000, GR Research X-LS Encore Extreme carbon fiber $2499 (pair) OR GR-Research Allie $3900 totals $4358 or $6217. Allie, bad girl you broke our budget, try again. Rega Planar 1 Turntable (P1) turntable & carbon cartridge $595, Parasound NC 200INT Integrated Amplifier $1000, GR-Research Allie $3900 totals $5495. Note the Parasound NC 200INT has a DAC with USB, Toslink, and COAX inputs so owners existing laptop or smart TV can supply digital content.

Starving-artist or high schooler HiFi
FiiO Jade Audio LEVEL 1 Power Amplifier $140 (https://apos.audio/products/fiio-jade-audio-level-1-power-amplifier?_pos=1&_sid=3212b640f&_ss=r) latest of the Texas Instruments TPA3255 platform wunderkind with Bluetooth 6.0/LDAC, USB, coaxial, and line inputs, along with speaker, subwoofer, and pre-out connections. Its 2026 so even starving artists and especially high school kids have smart phones to use as first source here. Cambridge Audio SX-50 $229/pr and totals $369.

Young Married’s HiFi
Yamaha A-S501 $650 85wpc, line, phono, and digital inputs. First source is the smart HDTV &/or laptop they already own. Arendal 1961 tower $2000/pr. Total $2650 for a system including tower loudspeakers with near-SOTA measurements (https://www.erinsaudiocorner.com/loudspeakers/arendal_1961_tower/).

Pricing for the above scenarios is taken from apos.audio, musicdirect.com, crutchfield.com, gr-research.com, and arendalsound.com.

Who Abandoned the middle – Brands or Buyers?
My take as stated above is not abandoned rather in stealth mode of largely direct to consumer sales. One group who absolutely abandoned, then turned around kicked, stomped, and laughed as running away is status seeking snob audiophiles. Genuine High-Performance High Value HiFi components and systems are sneered at by those who live in HiFi’s ivory towers protected by $50,000 entry pricing. Lest I tar individuals unjustly with too broad a brush I will hasten to add there are plenty of audiophiles blessed to own very high dollar systems who recognize in 2026 a few thousand (or even hundreds!) will buy very good very enjoyable music reproduction. Alas there are also too many of the other kind who engage in a type of audiophile virtue signaling of their self-judged ultra-refined tastes by telling unsuspecting newbies that a minimum entry level HiFi system must cost the equivalent of a new Toyota Corolla. A pox on their house.

Are Hi-Fi shows reaching new people?
Based on people watching from my booth and in the halls and rooms at SWAF’26 I would say 10% to at tops 15% are young, new, or returning to the pursuit after a long absence.

Has YouTube helped or hurt the divide?
Helped, absolutely helped. For example, the KEF LS LUXE I used for my Future-Fi system above was marketed by many review samples going out to YouTube reviewers, influencers, and tech channels prior to its formal introduction in time to prepare videos all hitting more or less simultaneously when they went “out of embargo” on the formal release date.

What’s the upgrade path from affordable Hi-Fi?
To quote the Talking Head’s David Byrne and producer co-author Brian Eno ‘Once in A Lifetime’ “Same as it ever was Same as it ever was. Same as it ever was”. For normies just looking for good music and video sound, I will assert the middle of the bell curve quality of the sound is so good in 2026 just enjoy no upgrade necessary. For those whose curiosity leads to joining us in a practice of HiFi as a journey to greater refinement and power, welcome. Now tell me about your system and how do you imagine it could be better? Default suggestions as frequent answers  include a pair of subwoofers and better or additional source components.

Is DIY the missing middle?
DIYers are my tribe. I was one of those nerds in 1987 de-soldering op-amps and caps from Magnavox CD players to replace with upgraded parts to hear more goodness from their Philips TDA1541 DACs. DIY is a wonderful part of HiFi and sweat equity is a powerful multiplier of dollars into performance. But the middle is not missing and DIY is too narrow a niche to replace it if it were.

What does expensive audio actually buy?
As price and complexity rise noise gets out of the way of the music while bandwidth and dynamics expand. Real, quality first octave bass is expensive. Then the ability to reveal the fine filigreed details of instruments’ tonal nuance, including the human voice. Hearing why a Fender CD-60S is $230 and a pre-war 1930s Martin D-28 costs $120,000 to $190,000+ is thus allowed. Along the way effortless dynamic loudness swings into the territory of big band jazz orchestras, romantic era classical symphonies, and stadium rock enter the picture. And we get choices. Like collectors of luxury mechanical watches or sports cars one can load up with complications and really exquisite finishing. My practice is along the path where once distortions, noises of all stripes, resonances, bandwidth and dynamic limits are brought into line the system always sounds great but…there are moments..when the emotional impact is stunning.

What about a price-capped Hi-Fi show?
That would be fun. Who pays? I do not know exact numbers, I have been exhibiting at HiFi Shows since 2005 so I will guesstimate to put on a show in a good hotel with professional staff and marketing to get attendees in the door is $20,000 - $50,000. It’s done because, well look at AXPONA, 12,500 attendees’ times $32 tickets equal $400,000 gross before counting exhibitor payments. Of course, with 235 exhibit rooms my guess is the contract with the hotel for that event could be six figures. For a price capped show can I still charge $32 for attendee tickets to help cover it all? For exhibitors the small hotel sleeping room size exhibit rooms market rate range from $3500 - $5000 per show. Plus, staff travel expenses and lost opportunity costs. Plus, expense of demo gear that comes back scratched, dented, or broken or stolen or lost in shipping. The equation to solve is which sellers or makers of High-Performance High Value HiFi can do sufficient business in a weekend to cover the $5000-$10000 cost of exhibiting? Damn spreadsheets always spoil the fun. A more obtainable IMHO goal is what’s been done at several shows over the years. A room or two of High-Performance High Value HiFi to compare and contrast with the usual suspects. Someone or a team with passion to make it happen can sometimes persuade manufacturers and showrunners to sponsor such room(s) as a gesture that HiFi has attainable entry points.

Danny Richie

Re: My latest video has created quite the discussion.
« Reply #18 on: 21 Aug 2026, 12:10 am »
High Value HiFi. I like that.

Freo-1

Re: My latest video has created quite the discussion.
« Reply #19 on: 21 Aug 2026, 12:46 am »
https://youtu.be/JaQ3L9LByYc?si=nHdEdu7Q2XerXdzR

It is about the absence of the middle of the industry, the aging of the industry, and how to reach a new younger audience.

You guys can feel free to add onto here.


It appears to me that a fair percentage of the hard core music lovers are shifting to headphones more.  That market has really taken off the past few years.  One can get some serious reference level sound at a fraction of the cost of a speaker setup.