Hoarding Reels

02005-02-24 | Uncategorized | 0 comments

From an email I received today:

Do you have any analog reel tapes lying around ?

… Quantegy, the only manufacturer of analog recording tape in the country, has filed for bankruptcy protection. Earlier this month, the Society of Professional Audio Recording Services started negotiations with Quantegy President Richard Lindemuth to make more tapes at the Opelika, Ala., plant for the society. But in the meantime, studios are hoarding their reels.
http://www.news-gazette.com/localnews/story.cfm?Number=17733

I am aware of that and donated my blank reels, about 10 or so to the College of Santa Fe, who also have my 2″ 24 track recorder. I hear that people are paying $300 per fresh reel on Ebay. Wow!

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