Marantz Sells Pianocorder Division to Japanese Firm
- Share via
Marantz, the Chatsworth consumer electronics firm, sold its Pianocorder Division for an unspecified amount to Nippon Gakki Co. Ltd.
Dynascan, a Chicago electronics firm that bought Marantz last February for $14 million, said the proceeds from the sale will help pay off debt and will lower its effective purchase price of Marantz to $11 million.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
