Companies that have been around for decades in our industry continue to fall like dominoes. Just last week, we saw Transvideo announce it was closing down, and now the sad news comes that battery manufacturer PAG is ceasing manufacturing and is in the process of a controlled shutdown.
It is sad to see another legacy company go under, and unfortunately, in the current climate, we are going to see it happen more and more often.
At least to my knowledge, PAG was the first company to make stackable V-mount and Gold Mount batteries, and I also believe they were the first to offer customizable output ports.
A Message from the Owners of PAG
PAG has long been recognised for its innovation, with numerous industry firsts and several world patents to its name.
It has been our privilege to contribute to the tools and technologies that have supported broadcasters and filmmakers across generations.
In recent years, however, we have seen a significant shift in the market. It has become increasingly saturated with lower-cost imports, and demand within our traditional sector has contracted. In fact, for some time now, most of our sales have come from outside the industry we originally set out to serve.
Coupled with the wider economic climate, these factors have led the family to make this difficult but carefully considered decision. After more than 50 years serving the film and television industry, we have taken the decision to cease manufacturing and selling batteries to this market.
We are now embarking on a process of controlled shutdown. PAG remains a solvent company, with no debts, and provision will be made to honour all remaining product warranties.
We are immensely proud of what PAG has achieved, and we are deeply grateful to the many customers, partners, and friends who have supported us over the years.
With sincere thanks,
The Owners of PAG
