The Story of Magna Vox

In 19 25, magna vox had overestimated the demand for radio sets in the early days. The company also hit a stumbling block when it started to produce its own vacuum tubes. By mid 19 27, the board of directors for magnevox ordered the tube production facilities to shut down. They also shut down consumer radio production. And all told, magnavox lost around a million dollars due to the issues with tube reliability and performance of radios.