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Ron Losby New Steinway CEO

Piano industry veteran takes over with strong vote of confidence from owner John Paulson

Ron Losby has been promoted to CEO of Steinway Musical Instruments effective immediately. A 30-year Steinway veteran, Losby had served as president of Steinway Americas since 2008. John Paulson, chairman of the Steinway board, commented, "The directors unanimously concluded... READ MORE




Fund Started For PreSonus Staff Devastated By Floods

In the wake of historic flooding in Louisiana, Baton Rouge-based PreSonus audio has set up a GoFundMe page to benefit employees affected by the disaster. The company reports that... READ MORE

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KMC To Distribute Harman Audio To M.I. Channel

JBL, AKG, Crown, dbx, and Soundcraft lines make KMC “one-stop shop” for audio

Harman Professional Solutions has appointed KMC Music to serve as its premier United States m.i. channel distributor for its AKG Acoustics, Crown, dbx, JBL Professional, and Soundcraft product lines. KMC Music Vice President of Merchandising Roger Hart announced... READ MORE



Q2 Sales Post Strong 4.1% Gain

Sales of music products posted a healthy 4.1% gain for the second quarter, a sign of sturdy consumer spending that should support stronger sales in the second half of the year.  For the three-month period ending June 30, total retail sales... READ MORE




Japinga New Guitar Center CEO

Former West Marine Exec Succeeds Darrell Webb

Ron Japinga has been promoted to CEO of Guitar Center, taking over from Darrell Webb, who has retired after a three-year stint heading the industry’s largest retailer. Not long before, Japinga had been promoted... READ MORE



Online Sales Scorecard

Precise Sales Data Showing who’s selling what, and at what price, on eBay

Over the four quarters we track in this report, a seller’s revenues may rise or fall on seasonal trends or internal strategies, among other factors. One number that tends to stay fairly constant, though, is... READ MORE



Alto Music Grows In Brooklyn

As the once forgotten borough has emerged as the epicenter of the New York music scene, Alto has opened an ultra-hip location, offering consulting services and boutique brands to the local recording studios 

A primary objective for any brick-and-mortar retailer is to cater to the needs of the local community. On that front, Alto Music’s new showroom in Brooklyn scores a homerun. Housed in... READ MORE


This Month in Music Trades

September 2016 Issue

Holiday Product Guide: Hot new stuff guaranteed to fire up Your fourth-quarter sales

Japinga New Guitar Center CEO

Roland Acquires V-Moda Headphones

KMC To Distribute Harman Brands

Industry Data
Retail Sales Advance In Second Quarter, Paced By Accessories & School Music
Online Scorecard: Top eBay Sellers Balance Their Product Mix

Acoustic Paneling, A Huge Untapped Market: Restaurants, schools, offices...anywhere there’s noise is a potential acoustic tile customer. Here’s how m.i. dealers can capitalize on the demand.

QSC Redefines The Portable Mixer: New technology helps pros and amateurs get a good mix.

Epiphone Masterbilt Series: New line of archtop acoustics combines the retro elegance of the 1930s with advanced new electronics.

Alto Music Grows In Brooklyn: Specialized new location caters to the growing number of recording studios fleeing high Manhattan rents.

Crafting A Viable Exit Strategy: How Electric Violin Shop founder Blaise Kielar sold his business to employees in a “win-win” transaction.

Forefront
• NAMM On Stage At National Conventions
• Samson Opens West Coast Facility
• Beer Maker Pays Tribute To Zildjian
• Yamaha “Piano Pros” Seminars
• Spector Guitars At Smithsonian
• Yamaha Unit Volumes Up
• Currency, Start-Up Costs Hurt Harman Net
• Gibson Launches “Neat” Mic Brand
• Blessing Horns Available Again
• Electro-Harmonix Customers Show Loyalty
• Martin Joins Rainforest Alliance

Retailing
• White House Of Music Partners With Hartland
• Housing Costs Impact Gryphon Strings
• Dallas Piano Gallery Top Casio Dealer
• Peavey “Tradeshow” At Sweetwater
• Dixon Music Opens In Ohio
• New Piano Retail Model
• Guitar Store Hosts Tacoma Festival


     
     






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