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Current Issue:
NOVEMBER 2017


 

 


OCT. 20 I GIBSON BRANDS I RELOCATING
Gibson's Memphis Division Relocating
Nashville, Tennessee-based Gibson Brands has announced that after 16 years it's moving its Memphis Division location on Beale Street to a new factory in the greater metropolitan area.
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OCT. 20 I CALIFORNIA FIRES I UPDATE
California Fires:
MI Update

California's deadly wildfires have burned nearly 5,700 structures and over 213,000 acres since they exploded in early October, according to the California Department of Forestry and Fire Protection. While MI businesses are reopening, the fires have consumed homes and displaced team members.
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OCT. 20 I CAD AUDIO, AMERICAN MUSIC & SOUND I DISTRIBUTION
CAD Audio Appoints
AM&S

American Music & Sound (AM&S) has been appointed as the worldwide distributor for CAD Audio.
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OCT. 16 I HURRICANE MARIA I UPDATE
Hurricane Maria Update
Three weeks after Hurricane Maria made landfall, at least a dozen MI retailers have reopened in hurricane-ravaged Puerto Rico.
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OCT. 16 I YAMAHA DRUMS I ANNIVERSARY
Yamaha Drums Celebrates 50 Years
The drum manufacturer focuses on consumers during its 50th anniversary party on Sept. 30.
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OCT. 16 I HERITAGE GUITAR I EVENT
Heritage Guitar
Announces Expansion Plans

The Heritage Guitar factory in Kalamazoo, Michigan, marked 100 years of guitar making with a two-day celebration held in September. At the event, company officials announced plans to turn the historic factory into a "national music destination."
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OCT. 16 I HAL LEONARD I WEBSITE
Hal Leonard Launches
'Let's Chat'

Hal Leonard has added a "Let's Chat" feature to its Dealer Access website providing its accounts with quick, easy access to a sales rep.
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OCT. 16 I BUDDY ROGER'S MUSIC I EVENT
Buddy Roger's Hosts Block Party
Buddy Roger's Music held a free-admission event to get the Cincinnati community excited about music education before the summer ended.
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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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