Vinyl lovers...oh no!

Very sad. Let’s hope no one was hurt. 

Prices will go up.

That's a serious blow to our addiction, I mean hobby.

Agree with both of the preceding posts...

Agree.  This in addition to the announcement a year ago that a massive amount of masters were lost in 2008:

https://www.rollingstone.com/music/music-news/nirvana-tom-petty-aretha-franklin-recordings-lost-in-2008-universal-music-group-fire-847104/

I'm thinking someone or something has it in for us?  Maybe a Voodoo doll hidden away...

I just posted this on a different thread, am I so much wrong on my assertions?
I believe there is a niche market and even in the case they can't rebuild the factory or move it elsewhere (IMO the workers and know how of management is worth more than the factory) if they have good insurance they can move and rebuild. If not I'm sure someone else can step in and do it, there is current demand for this, even more, manufacturers of vinyl, turntables etc Panasonic, Mofi etc. would want to subsidized the factory, they will have to kill entire lines of products if vinyl production comes to a stall.

A friend of mine (very, very smart guy) told me yesterday this could kill the vinyl resurgence even more than what the CD did 40 years ago, I truly hope he is wrong on that.

I still believe someone can step in and develop (and patent) new technology to overcome this, mechanical engineer ideally. There will be a market for it and well paid I can say. It won't be easy, it will take some time and money but there are some rewards, if I win the lottery and get 30 mil or so I will certainly embark on a plane tomorrow. Maybe should do a brief market study 1st 😉

Thanks for that link
Certainly paints a grim picture for new records and the future of them.
I wonder just how long it will take before all the sellers of old used records jump up and start raising their prices for no better reason than they can and will exploit this situation!