Roland68
Master Contributor
Dowsing rods?I pray that they would invest in better testing equipments.
Dowsing rods?I pray that they would invest in better testing equipments.
If Amir sells out and goes off to study earthworms in the woods instead, most of us will give up on ASR, I'd guess.@amirm when Pray Media Holdings buys ASR, I hope we can all go celebrate together in the USA.))))
Not sure if this is good news for the publications mentioned or not:
----
FOR IMMEDIATE RELEASE
Pray Media Holdings Announces Acquisition of AVTech Media Americas and Its Iconic
Enthusiast Media Brands
Thornwood, New York — May 30, 2026 — Pray Media Holdings today announced the acquisition of
AVTech Media Americas, publisher of some of the most respected enthusiast media brands in the
audio, home entertainment, photography, and technology sectors. This acquisition includes the
flagship titles and digital properties Stereophile, Sound & Vision, Analog Planet, and Shutterbug,
along with affiliated media brands and related digital assets. The transaction marks the launch of
Pray Media Holdings as a next-generation media company focused on preserving legacy editorial
brands while expanding digital media, audience engagement, and new revenue opportunities.
“I am honored to become the steward of these legendary brands,” said Keith Pray, Founder and
President of Pray Media Holdings. “My relationship with these brands began in 1999, and they have
been an important part of my professional life ever since. For more than 25 years, I have seen
firsthand the passion of the readers, creators, advertisers, and communities that surround them. To
now guide their next chapter is both humbling and exciting.”
“We are delighted to have supported the management buyout of Stereophile, which now returns to
U.S. ownership,” said Paul Miller, Editorial Director of AVTech Media and incoming Technical Editor
of Stereophile. “It was important to us that this revered hi-fi brand retain continuity in both its
publishing structure and editorial leadership, ensuring a seamless transition. The natural
brotherhood between Stereophile and Hi-Fi News, representing more than 130 years of hi-fi
publishing history, will endure. I look forward to continuing to work alongside Editor-in-Chief Jim
Austin and the publication’s exceptional team of contributors. Keith’s passion for enthusiast media,
deep understanding of the audience, and commitment to editorial excellence make him an ideal
steward for Stereophile as it begins its next chapter.”
The acquisition ensures continuity for readers, advertisers, contributors, and industry partners while
positioning the brands for future growth under dedicated ownership with deep roots in enthusiast
publishing.
About Pray Media Holdings
Pray Media Holdings is a privately held media company focused on acquiring, operating, and
growing enthusiast media brands that serve passionate consumer communities. The company is
committed to preserving editorial integrity while investing in digital innovation, audience
development, events, commerce, and new media platforms.
Media Contact
Keith Pray
Founder & President
Pray Media Holdings
It needs context, so here it is vs the S&P 500. Even a tracker fund would have beaten the pants off it...Worldviews aside, I think their ETF doesn't perform bad. If they really care for human values, even better.
View attachment 536024
We can only hope that under new ownership, pieces like this one will no longer be published:
"In the opinion of this hi-fi reviewer, the debate over the efficacy of audio-quality network switches should be over. As logic would dictate, when connections are made via a network switch, the quality of its inputs, outputs, oscillators (clocks), power supplies, and pathways affects the sound of everything downstream. It's clearly audible. Everything matters."
"Even with a DAC-streamer as superb as the dCS Varèse, the Nordost QNet7 network switch improves sound, apparently by lowering the near-vanishing noisefloor of music streamed through a supposedly quiet fiber-based streaming network. Go figure."
Does this "reviewer" comprehend how his streaming setup actually works?
That would be bad, 'cause that Amir would have to sell stuff - at least that's what I understand a "Brand" does. Sell stuff... I don't think this particular Amir would like it.“The acquisition ensures continuity…”
As an on-again off-again reader and subscriber of Stereophile, continuity is the last thing I want. I mean, sure, I want the magazine/website to survive, but I’d love to see a dramatic shakeup and a radical shift toward expanded coverage of hi-fi innovation and technically rigorous reviewing and, you know, audio science, and a move away from antiquarian vibes and audiophile wine-tasting and narrow high-end marketing and trade-publication ethics.
For example, I might try to hire a guy named Amir as a columnist…
This is absolutely true in terms of Stereophile in its current continuity-centered preserved-in-amber form. I’m trying to imagine what a transformed version of the magazine might conceivably encompass.That would be bad, 'cause that Amir would have to sell stuff - at least that's what I understand a "Brand" does. Sell stuff... I don't think this particular Amir would like it.
I was thinking along similar lines. A VC group playbook:Whoopee! We all know how having your favorite fast food chain acquired by a vast holding company enhances the quality and value of its offerings. Hopefully, Pray Media Holding will turn Stereophile into the KFC of audio review magazines. As Samuel Jackson might once have put it: They'll make their ass "fried chicken".
All I know is if they decide Stereophile is worth more in pieces, we need to make sure Kal is brought over to the ASR staff, b/c he's the one worthwhile part of the whole enterprise.I was thinking along similar lines. A VC group playbook:
- Buy companies
- Use their equity to get huge loans
- Bankruptcy, causing the loaned money to vanish into yachts, offshore accounts and vacation condos
Replaced the guy whose name I forgot who replaced Larry Archibald.He has been the publisher of Stereophile since 1998.