Rumors are that according to spokesmen from Panasonic, the parent company has announced that as of February 2010 they will cease production of Technics Turntables. “It is a sad day today but due to low sales globally in analogue turntables a decision to stop production has been made on Technics Turntables.” — via inthemix.com.au
[UPDATE Nov 29, 2009] Both the rumors and the old ass info that some people believe debunks them are not coming from any official sources at this point. Hopefully Panasonic issues some sort of press release on the matter in the coming week. With this timed over the biggest shopping weekend of the year, this is coming off more like a marketing ploy to get people to panic and go buy.
[UPDATE Nov 30, 2009] Sounds like Technics is safe for now according to cnet.com.au: Panasonic’s Ian North (the guy the original article was quoting) has denied the reports and says while he is still waiting on clarification from Japan, news that sales would end in March was “premature”.