Well Technics didn't go belly up. They were a subsidiary of Panasonic, one of the largest companies in the world. I think the opposite was true, they just didn't want to worry about a very small division of their company. I think they continued to support Technics instruments for quite a period of time after they shut down production.
Mediastation was a one-man company, as far as I remember. It was a good idea but was marketed before it was even close to being ready. He had good intentions but probably was way over his head from the start.
There has been this same discussion and conjecture here for years, but the truth is, nobody knows.
http://www.synthzone.com/forum/ubbthreads.php/topics/254312/1