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metal beat

SME Exits the OEM and Retail Tone Arm Business

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36 minutes ago, metal beat said:

 

Interesting and perplexing news. 

 

 

Indeed, Shane.  :(

 

Andy

 

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Sad.   Has to be a commercial decision by the money managers.  I guess the number of people DIYing , putting their own tonearms is probably diminishing, even though we don't want it to be true.

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Good to see though that they will continue to service their arms as mine will long outlive me and with an overhaul every 10 to 15 years should continue to work superbly.

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4 minutes ago, Hergest said:

Good to see though that they will continue to service their arms as mine will long outlive me and with an overhaul every 10 to 15 years should continue to work superbly.

Well, yes.  Very good.  I still have, and use 2 old 3009 arms.  One needing some new rubber at the moment

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2 minutes ago, audiofeline said:

Sad news.  I now fear for the resurgence of Garrard turntables. 

 

No no, don;t fear.  They say "This tradition of tonearm manufacturing will continue with the manufacture of our highly accredited tonearms for the purpose of coupling with our comprehensive range of high-end precision turntables in which SME will be expanding in 2020."

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Just now, aussievintage said:

No no, don;t fear.  They say "This tradition of tonearm manufacturing will continue with the manufacture of our highly accredited tonearms for the purpose of coupling with our comprehensive range of high-end precision turntables in which SME will be expanding in 2020."

Yes.  But I fear they may not have this commitment for the long-term, especially if it doesn't bring in the expected amount of returns within their financial projections.  It's a niche industry, one which (in this day) has to be for the love of it rather than as an opportunity for huge wealth creation.

 

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17 hours ago, metal beat said:

Old news 😁

 

 

 

 

 

😛

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On 07/12/2019 at 3:31 PM, metal beat said:

Old news 😁...

 

I would prefer it to be "fake news" 😀

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