News
November 14, 2020 I Finance
Guitar Center Confirms Reorganization Plan
Guitar Center Inc. has announced a plan to file for Chapter 11 bankruptcy protection in an effort to reorganize and get relief from nearly $800 million of the company’s debt.
November 13, 2020 I
Guitar Center Said to Prep Bankruptcy with Creditor Support
According to Bloomberg News, Guitar Center Inc. is finalizing terms of a bankruptcy with support from the majority of its creditors.
November 13, 2020 I Acquisition
JAM Industries Acquires The Music People
The Music People is the parent company of On-Stage and TMP-Pro divisions
November 10, 2020 I Supply
AKM’s Nobeoka City, Japan, Factory Suffers Major Damage from Fire
The fire burned for over two days, reportedly, and caused damage to several levels of the building.
November 09, 2020 I Distribution
Proel Expands into North American Market
The company first previewed the expansion of its products to be released in North America at The 2020 NAMM Show.
November 09, 2020 I Event
Music China Draws Crowds at Live Event
Despite the ongoing pandemic and travel restrictions, the show drew 81,761 visitors to a total of 1,106 exhibitors.
November 05, 2020 I Legal
Sweetwater and Gibson Report Theft of Adam Jones 1979 Les Paul Custom Silverburst Guitars
A pallet of new Gibson Adam Jones 1979 Les Paul Custom Silverburst guitars has been stolen from a Sweetwater Music truck at the Flying J Travel Center in Whiteland, Indiana, on October 30.
November 05, 2020 I Appointments
MusicMedic Names New General Manager
Leroy Harding brings over 21 years of professional experience to the role.
