For a few years now, evertime I see a concert, the flown cabs do not appear to be JBL stuff but rather the small-type cabs that the French firm (L-Accoustics???) makes. I realize that JBL's focus is "car software" now, but I would be interested in knowing how in the world this happened. Is sound reinforcement a low margin business? Did L-Accoustics get this business because they inovated and JBL did not? Is JBL unable to compete in this business because of higher costs? Until recently [Trump], the US Tax Code had the highest tax rates so perhaps this drove manufacturing offsore, so maybe this was the biggest factor.

No flames - retired CPA here.... ...just wondering how it happened and perhaps your thoughts on whether the glory days are just a memory. Maybe, another private equity transaction would result in spinning off the sound business?? Seems like the current management has no interest. Why is that?