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Wednesday, April 30, 2008

Turnkey / Sound Control goes bust

Sad (-ish) news for British music gear buyers - Sound Control group, who own a string of enormo-shops and Turnkey, the UK distributors for Moog, DSI, Jomox and more, have appointed administrators after failing to find a buyer: "Following a review of the Group’s operations the Administrators have today made the difficult decision to close 10 of the Group’s trading locations and bring to an end its telesales and internet sales activities. These changes to the Group’s operations have resulted in 163 redundancies with immediate effect." The group has a turnover of £50m and employed 338 people across Britain. Obviously their competitors, like Dolphin Music and Digital Village are delighted. There's a very well informed thread over at the Sound on Sound forum which includes comments from various former staff.

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