I saw this posted on another forum I frequent:
To Our Valued Business Partners:
June 11, 2015
Business Withdrawal by Victor Advanced Media Co., Ltd. and Subsidiaries
Victor Advanced Media Co., Ltd. hereby announces that it has decided to withdraw from all businesses including the recording media business as explained in detail below.
Victor Advanced Media Co., Ltd. and all of our associates would like to take this opportunity to express our heartfelt appreciation for your long-lasting support. We are truly grateful for your business.
- Reasons behind the business withdrawal
Victor Advanced Media has developed businesses centered on optical recording media. As the larger storage capacity of hard disc drives (HDDs) and the
use of cloud computing is driving changing market conditions, the market for optical media products has been diminishing. Due to the decline in demand in recent years and market outlook it has become increasingly difficult to expect improvement in the future business environment.
Amid such circumstances and consistent with the policies of our parent company, TAIYO YUDEN CO., LTD., we have decided to withdraw from our businesses in their entirety.
1) Victor Advanced Media Co., Ltd.
2) JVC Advanced Media U.S.A. Inc. (U.S. sales subsidiary)
3) JVC Advanced Media EUROPE GmbH (European sales subsidiary)
4) JVC Advanced Media (Tianjin) Co., Ltd. (Chinese sales subsidiary)
Our sales activities are scheduled to be terminated in December 2015.
President and Representative Director
Victor Advanced Media Co., Ltd.
Supplies are said to be available into 2016 but I've already seen my supplier increase the price 30 cents (US) per disc.
It looks like I'll have to find a replacement for the JVC/TY Watershield DVDs I've been using. Falcon Smart Guard white glossy DVDs have been recommended as a replacement.