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Turnkey is locked down - and dead?!
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elektro80
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Joined: Mar 25, 2003
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PostPosted: Thu May 01, 2008 12:41 pm    Post subject: Turnkey is locked down - and dead?!
Subject description: bust bust bust		 Reply with quote  Mark this post and the followings unread
How evil is that?

http://www.musictradenews.co.uk/Soundc.php



Quote:
In a statement, DeLoitte claims that the group, which includes Sound Control, Turnkey, Media Tools and Soho Soundhouse, had been affected by increased competition from the Internet.

John Reid said: '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 Administrators welcome interest in the business and assets of the Group and are already in discussions with a number of interested parties to explore a possible sale.

'However, at the same time as they explore sale options, the Administrator will continue to trade the remaining 16 stores, selling high quality musical instruments to the public.'

No estimate of the company's liabilities has been made available, but MTN understands several suppliers stand to lose considerable sums. According to reports, 163 of the 338 staff have been made redundant.

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v-un-v
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PostPosted: Thu May 01, 2008 1:36 pm    Post subject: Reply with quote  Mark this post and the followings unread
Good riddance to Sound Control IMO. When the G2 first appeared in Britain I had to tell one of their sales reps that my wife was waiting in the car with the cash, just so I could have a go on one- and even then they hadn't bothered to get it linked up to a PC. In fact if I remember correctly I had to tell him that she too wanted one and was in the car because we were double parked etc etc Shocked

RIP Sound Control! Very Happy
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IST NICHT FÜR GEWERKEN BEI DUMMKOPFEN. DER RUBBERNECKEN SIGHTSEEREN KEEPEN DAS COTTONPICKEN HÄNDER IN DAS POCKETS MUSS.
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