ɪn mˈɑːɹtʃ nˈaɪntiːnhˈʌndɹɪd ˈeɪɾi fˈoːɹ, fˈɔːɹmɚ sˈiːbɜːɡ ɛmplˈɔɪiːz ænd ɐ ɡɹˈuːp ʌv ɪnvˈɛstɚz fˈɔːɹmd "ðə sˈiːbɜːɡ fˈɑːnəɡɹˌæf kˈʌmpəni" ænd ɐkwˈaɪɚd ɪts pɹədˈʌkʃən ˈæsɛts fɹʌm stˈɜːn, wˌɪtʃ wʌz ɡˌoʊɪŋ ˌaʊɾəv bˈɪznəs.
In March 1984, former Seeburg employees and a group of investors formed "The Seeburg Phonograph Company" and acquired its production assets from Stern, which was going out of business.