We received the following press release last night. No more information was available and there was no word when this story was first posted on whether or not Thiel cofounder Kathy Gornik will remain with the company. Since then, however, CEPro.com has reported that Kathy and her daughter Dawn Cloyd, who was director of international sales, will both leave Thiel. Why the sale? Our suspicion is that while Thiel remains a great brand, it is too small a company, with no access to a significant source of capital, to be able to compete effectively in today's market.

At least 2,500 audiophiles attended the November HiFi Show at the luxurious Dusit Thani hotel in Manila, Philippines on November 10 and 11, 2012. The show featured thirty-nine exhibition rooms with a total of thirty plus dealers exhibiting products from across the globe.

Amidst the concrete bodegas and basketball court fences of Bushwick, there rests a blue-lit doorway hiding strange and warm sounds. A sustained piano, tinkling cymbals, and alien coos float across a colorful hall of books and busted boomboxes. A trumpet blasts and whizzes downwards as the bass plods on. What you hear is Attention Screen, a free-jazz-something super-group featuring budget loudspeaker specialist and all-around nice guy Bob Reina on the piano and special guest Stereophile Editor John “Entwistle” Atkinson on the electric bass. The show takes place at 8pm this Friday, November 30th at Goodbye Blue Monday (1087 Broadway) in Brooklyn, NY.