Allegedly, the AT-LP60 was discontinued because Audio Technica released its successor - the AT-LP120. You can, however, still pick up plenty of the AT-LP60's for more or less the same price on Amazon or eBay, they were mass produced after all. Sure, they have been discontinued by the factory that produces them, but the sheer amount that were manufactured before discontinuation means that suppliers are not going to be running out of stock anytime soon.