I hope you and your loved ones are well.
I’m am very sorry to inform you that Bell Music Ltd will be closing at the end of this year. There are a few reasons behind the closure but unsurprisingly the pandemic has had a significant effect on our industry and continues to do so. Without any sign of significant recovery, it just isn’t viable or commercially sensible to blindly continue into an unknown and untested future. In addition, the lockdown has compelled everyone to re-evaluate their lives, priorities and futures. Prior to COVID-19, restructuring the team would have been a challenging process. However, during the pandemic, the most damaging trading shock ever, the length of time, the huge financial uncertainty and the enormous disruption at such an unpredictable time has meant the only option left, is to close. Over the years I’ve tried to imagine every possible scenario that could shape the landscape of our industry and to the most part, have adapted the company accordingly. I just don’t have the answers to this.
If one were to look back to the start of the year, it would have been completely inconceivable that I’d be writing this today. So many people have reframed their lives and thinking - where will they work, how will they work and how they will live for the next few decades. Truly surreal times but one can only hope for a more thoughtful and kinder future. The pandemic has been a devastating blow to our sector and I am incredibly sad that after 30 years, I have to lose all of my staff. My people here are and always have been the life blood of this company and without them, there is no Bell. As a small company, we have always been a family and since the decision was made in July to close, my focus has been on helping everyone with their new futures. As this is not primarily a financial step, the equipment will not be sold but mothballed out of London until a future and unknown date. I am very sorry if our closure causes a short term blip to the industry but as ever, the market will adapt and new faces will inevitably pop up to fill the gaps. The timing of this announcement is to give the industry some months to adapt and whilst the retail and studio departments will continue until the end of the year, the hire department will slowly wind down during the next three months.
I would like to thank you very much for your patronage and support over the years. I really am so very grateful that the company has had the honour of being of service to you all. I’ve had the good fortune to meet some amazing people and since 1990, have created incredible friendships which I hope will continue. As a company, we’ve had the pleasure of serving you, the most gifted musicians and ensembles in the world. I can only hope that our leaders of today and the general public start to value, understand and appreciate your unbelievable talent and unquestionable importance to society.
If you have any questions, please don’t hesitate to email or call.
Thanks again and good luck for the future.
Mike & the team