IFor me, pioneering ideas in HiFi, or firms that really pushed the boundaries might be Quad? Tannoy? Garrard? AR? Thorens? Technics? Yamaha? KEF? B&W? Leak? Revox? Class D amp designers? Electrostatic speaker pioneers? MC cartridge designers? Stylus profile experiments? Micromega? Phillips? Mosfet amps? The Sony Walkman? The arrival of digital media? (And here I should write etc etc). Linn in particular were the masters of gradual refinement. Rega make a solid line of kit from good to excellent at sensible prices so that is admirable but I can't see any contribution to innovative engineering and Naim? I don't know Naim so can't comment. I do recall systems balancing on 8 or 10 shelves..was that innovation or salesmanship?? Your three are the amongst best of what is around now, but that IMO rests on the foundations laid by other more innovative engineers long before.
That was not what my post was about, the fact back in the late 70's and early 80's HiFi was one of the products that people were buying was a good HiFi.
If it was not for the three companies I mentioned and the few shops selling them then the HiFi we know today may well have been completely different, that is my point.
When I went to buy my first serious HiFi I bought second hand, Thorens and Quad, it was fine, but when I started to read in the HIFi magazines about this better turntable and amps I ventured into one of the shops that had started to lead the way into getting better results from what would be called a HiFi system, which included Linn, Naim and Rega.
It took seconds of a demo to hear that the LP12 was far ahead of the decks I was able to listen to there, my friend bought on the spot and I did some three weeks later. I think most of my friends who were into listening to music either listened to my LP12 against the Thorens in my house or went to listen in the shop and buy and LP12.
You had to be there on a Saturday to see the number of Rega turntables that were bought, it was astounding, there were a few LP12 bought each Saturday but Rega's were selling many many more and the number of people who then upgraded to an LP12 later on was very high.
Of the companies you mention they did not invent the items they became famous for, speakers, turntables and amps were invented long before and they just like Linn made improvements and changes in direction to get the result they are known for.
My point is that through good products and marketing Linn, Naim and Rega changed the UK buying market and Linn especially the International market.
Over the past 40 years those three companies have refined or changed their product line up to refect what they see as their target market.
This is not the first time Linn has had an issue with it's accounts, I am sure both Naim and Rega have had similar years, however Linn being the company it is and the press coverage it gets any chance to show it has an issue is made public and then the usual theories on what is happening start. Unless you work for the accounting company that audited their accounts or are on the board of directors of Linn I would suggest that nobody except those will know what is actually going on.