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Current Issue:
OCTOBER 2017


 

 


SEPT. 14 I HURRICANE IRMA I UPDATE
Hurricane Irma Update
Days after Hurricane Irma slammed into Southwest Florida — killing at least 31 and leaving millions without power — MI retailers and suppliers are slowly reopening their businesses and are working to fix the damage. The companies in Irma's path that Music Inc. reached out to reported they are safe and reported minor or no damage to their facilities.
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SEPT. 11 I HURRICANE HARVEY, IRMA I UPDATE
Irma Hits,
Harvey Relief
Efforts Continue

As MI retailers and suppliers in Florida and Georgia deal with the impact of Irma, now downgraded from a hurricane to a tropical storm, MI businesses in Texas are in the midst of recovery from Hurricane Harvey.
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SEPT. 11 I REVERB I COMPANY
Reverb Raises $15M for Expansion
Reverb.com has announced that it has secured $15 million in funding.
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SEPT. 11 I D'ADDARIO I DISTRIBUTION
D'Addario Forms European Distribution Group
D'Addario has announced the formation of D'Addario Europe Ltd., formed in efforts to maintain greater consistency and control of its brand portfolio in Europe.
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SEPT. 11 I AUDIOFILE, KREKELTRONICS I ACQUISITION
Krekeltronics Acquires Audiofile
Audiofile Engineering has been acquired by Krekeltronics, a Minnesota-based product development firm.
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SEPT. 1 I HURRICANE HARVEY I UPDATE
Harvey's Hell
Hurricane Harvey has devastated the city of Houston, impacting several MI companies along the way. Music Inc. spoke to several retailers and suppliers for updates on damage and safety.
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SEPT. 1 I CONNOLLY MUSIC COMPANY I OBITUARY
Founder of Connolly Music Company Passes Away
John Michael Connolly Jr., founder of Connolly Music Company, passed away on Aug. 26. He was 87 years old.
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AUG. 28 I GIBSON I RATING ACTION
Moody's Downgrades
Gibson Bond Rating

Moody's Investors Service downgraded Gibson Brands, Inc.'s Corporate Family bond rating, pushing it deeper into the "junk" category.
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AUG. 14 I ESP GUITARS, FENDER I SOURCING
ESP Guitars, Fender Move to Sustainable Materials
To remain compliant with new CITES (the Convention on International Trade in Endangered Species of Wild Fauna and Flora) regulations, Fender and ESP Guitars have announced they will be transitioning into sustainable wood sourcing for design and manufacturing in various models.
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AUG. 14 I MACKIE, KMC I DISTRIBUTION
Mackie Appoints KMC Pro Audio
KMC Pro Audio has announced that it has been appointed to serve as a U.S. distributor of Mackie loudspeakers, mixers, portable P.A. systems, and recording and studio monitoring products.
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AUG. 14 I MUSIC GO ROUND I FRANCHISE
Music Go Round Franchising in Canada
Music Go Round is now registered to franchise in Canada. With nearly 35 franchised stores in the United States and an e-commerce website, the brand is seeking prospective franchise owners in Canada to further develop its North American footprint.
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AUG. 14 I THUNDER ROAD GUITARS I EXPANSION
Thunder Road Expands to Oregon
Seattle-based Thunder Road Guitars is on-track for a September opening of its second shop, located in Portland, Oregon.
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JULY 27 I BEST IN SHOW I VIDEO
'Best In Show' Video Posted by NAMM
A video of the "Best In Show," the popular NAMM University breakfast panel discussion at Summer NAMM, has been posted by NAMM.
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JULY 24 I NAMM I AWARD
Spirits High at NAMM
Summer Session

CORRECTION: An earlier version of this article reported that attendance was down 2 percent for NAMM Summer Session. That was incorrect. NAMM reported that attendance was up 2 percent, not down. Music Inc. regrets the error.

Summer NAMM once again brought the heat to Music City with three days jampacked with the latest gear, inspiring educational sessions and an opportunity to meet and connect with dealers old and new. Held July 13-15 at the Music City Center in Nashville, Tennessee, Summer NAMM celebrated both industry vets and rookies who are motivated to keep up with the ever-evolving MI marketplace. {more}

JULY 24 I NAMM I AWARD
A&G Central Music Named Dealer of the Year
A&G Central Music of Madison Heights, Michigan, earned Dealer of the Year honors during Summer NAMM's annual Top 100 Dealer Awards held July 14 at the Music City Center. {more}

JULY 24 I QUINLAN AND FABISH, BANDSOURCE I PARTNERSHIP
Quinlan & Fabish, BandSource Join Forces
Quinlan and Fabish Music Company has announced that it will be joining forces with BandSource. {more}

JULY 19 I NAMM I BOARD
NAMM Elects First Female Chair, New Committee Members
The NAMM Board of Directors unanimously voted in the next slate of officers at Summer NAMM in Nashville, Tennessee. {more}

JULY 19 I COLLINGS GUITAR I OBITUARY
Founder of Collings Guitar Dies at 68
Bill Collings, a respected luthier and the founder of Collings Guitars, passed away on July 14. He was 68 years old. {more}

JULY 18 I BEST IN SHOW I EVENT
'Best In Show' Highlights Great New Gear
Best In Show, the popular NAMM University breakfast panel discussion, named 18 new products and four companies that exemplify excellence at Summer NAMM. {more}

JULY 17 I GUITAR CENTER I DEBT 
GC Seeks Debt Restructuring?
Reuters, the international news agency, has reported that Guitar Center is seeking solutions to restructure its $1.3 billion debt burden. {more}

SUMMER NAMM 2017 I BY KASIA FEJKLOWICZ
Magic in Music City
Grab your sunscreen and cowboy boots and get ready for Nashville — Summer NAMM is here! Check out the latest and greatest, from noteworthy gear to sweet demos and informative idea sessions to rock-star performances, compiled by Music Inc.'s Kasia Fejklowicz. {more}

Schedule of Events
With over 50 educational sessions, 20 concerts and dozens of special events (not to mention the 3rd annual Beer & Gear Hang) to attend at Summer NAMM, there's bound to be crossover. Plan ahead — and wisely! — with the complete schedule. {more}

 

 

 

 

 




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