Vestax PMC-05 Pro IV Mixer. Photo by Mark Settle.
DJ equipment manufacturer Vestax has filed for bankruptcy, a Japanese news outlet has confirmed. According to Teikoku Databank, Vestax began proceedings in Tokyo District Court on December 5 after falling 90 million yen in debt.
Back in October, DJcity reported that Vestax had ceased operations but there was no report of a bankruptcy filing at the time. The company’s website has since been taken down.
Vestax launched in 1977 and brought numerous innovations to the DJ community throughout the years. Their line of turntables, mixers and controllers have been used by influential DJs such as QBert, Mix Master Mike, D-Styles, Cut Chemist, Carl Cox, among others.
Their Controller One turntable has been featured in a couple DJcity TV videos in recent years, including a routine by DJ Woody and the San Francisco episode of the “Cutting Room.”
Watch both videos below:
Related: Vestax Is Out of Business, Sources Say