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eBay Slashes Commission To 3.5%

New All Inclusive Fee Places eBay Pricing In Line With New Rivals

eBay has dramatically lowered the cost of selling guitars, basses, and all related fretted instruments and related accessories on its site. Effective May 16, the commission rate has been slashed to 3.5% from 7%. The new rate, or “Final Value Fee,” includes all listing fees. There are no additional charges, and the 3.5% is payable only... READ MORE





Q1 Import Tracker: Rosewood Rules Hit Guitar Imports

New CITES regulations for all rosewood species impacted imports of acoustic and electric guitars during the first quarter of 2017. For the three-month period ending March 31, total imports of all acoustic guitars dropped 14.1%. Higher-priced guitars (retailing over $299) declined 25.4% while lower priced models... READ MORE






Fender's Riffstation Aims To Expand Guitar Market

Acquiring Sonic Ladder, leading guitar maker invests in educational tools in hopes of curbing dropout rate

With the acquisition of Sonic Ladder, a Dublin-based software developer, Fender Musical Instruments is readying the launch of an expanded suite of digital apps designed to
... READ MORE





Steinway’s Pictures At An Exhibition Artcase Piano

Steinway & Sons’ latest finely crafted art case grand piano pays tribute to Mussorgsky’s Pictures At An Exhibition, with stunning paintings created by Steinway Artist Paul Wyse. Through sound and pictures, Wyse took visitors to the unveiling on a multi-dimensional journey... READ MORE



Mardak Donates $2.5 Million To VanderCook College

Chicago’s VanderCook College of Music has received the largest donor gift in its history, courtesy of Keith Mardak, CEO and chairman of the Board of Hal Leonard. The $2.5 million challenge gift requires the college... READ MORE



Paul Reed Smith Receives Honorary Doctorate

Paul Reed Smith, founder of PRS Guitars, has received an Honorary Doctorate of Public Service from Maryland’s Washington College. The degree, which was in recognition of his significant achievements as an innovative and creative thinker, was presented... READ MORE


This Month in Music Trades

June 2017 Issue

Accessories Market Report

Steinway's Latest Artcase Masterpiece

Why Uke Sales Keep Trending Up:
A look at the previous “ukulele booms,” what caused them, and why this time it’s different.

Headphones: A BrightSpot In A Slow-Growth Market:
They can be sold to every customer who walks into an m.i. store, mobile technology is driving demand, and they are a powerful “impulse buy.”

Innovative Accessory Suppliers You Need To Know!
From woodwind care kits to electronic components for the for the “DIY” and repair market to unusual fretted instrument gear, a review of companies offering unique products designed to generate plus business.

Taking The Pulse Of The Print Market:
Print retailers convene in Atlanta for the annual RPMDA to probe for new opportunity in the digital age.

Quarterly Industry Data
• Tough CITES Rules Impact Guitar Industry
• Online Sales Scorecard...What’s Moving

Fender Acquires Sonic Ladder

Forefront
• Steinway’s New Tokyo Showroom
• Mardak Donates $2.5 Mil. To VanderCook
• Paul Reed Smith Receives Doctorate
• St. Louis Music Distributes pBone
• Bourns Named Top General Motors Supplier
• Connolly Acquires Magic Rosin
• Recording King Stars At SXSW
• Boston Brass Joins Yamaha Artist Roster
• North Bridge “Flutey & The Beast” Clinics
• D’Addario Sponsors “Guitar Power”
• Magnatone Secures “Arch Grant” Award
• Asterope Cable Expands Distribution
• Audix Gives Away Gold D6 For Drum Month

Retail
• PianoForte’s Online Strategy
• Sam Ash Adds Houston Location
• West Music Honors Top Suppliers
• Island Music Creates Landmark Mural
• Miller Retires At Buddy Rogers Music
• East Cambridge Top Casio Dealer
• New Location For Music Go Round
• Cascio Music In Milwaukee Museum
• New Guitar Store Opens In Boulder


     
     








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