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Music Trades' Brian Majeski on CNBC

Expanding on his recent Wall Street Journal op/ed, Music Trades Editor Brian Majeski joined Rick Santelli of CNBC for an interview on government regulation of the music industry. Watch the interview, or read the Wall Street Journal piece here.



Business Was Better, But Caution Prevails

The sales gains in 2014 were the biggest a decade, but memories of the financial meltdown are still fresh, and competition is razor sharp, which has dampened enthusiasm among the industry’s top retailers

Revenues of the largest 200 music products retailers edged up 3.4% in 2014 to $5.2 billion, slightly outpacing industry revenues which were up 3.3% for the same period. Market share also advanced to a record high of 74.4%. This marks the fifth consecutive year... READ MORE


Best Summer NAMM Since 2006!

Attendance and exhibitor participation edged up and Nashville continues to be the venue of choice. But what does it mean for fourth-quarter sales?

Based on the official numbers, NAMM’s Nashville Summer show was up. Registration clocked in at 13,936, up 13% over last year, and the exhibitor count advanced 12% to 494. The gains weren’t... READ MORE



Ovation To Restart U.S. Production

Drum Workshop has signaled its commitment to the Ovation brand with a decision to restart U.S. production of the distinctive Roundback guitar. Machinery, finishing equipment, and assembly lines are currently being reactivated... READ MORE





Southpaw Guitars Marks 35th Anniversary

If you are left-handed, Southpaw Guitars in Houston, Texas is your candy store, a place to sample high-quality and vintage electrics and acoustics from the industry’s leading brands. This year, Southpaw Guitars is celebrating 35 years in business. Founded by... READ MORE



A Closer Look At The Top 200: Music Retail Isn’t A Business For The Weak-Hearted

60% of the leading retailers who graced our first industry sales ranking in 1991 are no longer doing business. 14 of the top 25 retailers on this year’s list hadn’t even gotten started. Is this high turnover rate something new, or just the nature of retail?

From one year to the next the Top 200 sales ranking doesn’t appear to change that much. Since the report’s first publication in 1991, Guitar Center has occupied the top spot, followed by Sam Ash Music. Retailers like Washington Music, American Musical Supply, and Steinway Hall have also figured prominently in the list. Look more closely and the roster captures... READ MORE


This Month in Music Trades

August 2015 Issue READ IT NOW!

The Top 200: The Definitive Scorecard Of Music Retailing In The U.S.

The Charts
• The Top 200 Music Products Retailers Ranked By Revenue
• The Top 200 Ranked By Employee & Storefront Productivity
• The 40 Leading Online Music Products Retailers
• Where To Find Them: A Top 200 Directory
• Industry Sales On A State-By-State Basis

The Stories
• Not A Business For The Faint Of Heart: 60% of the retailers who made our first sales ranking 25 years ago are now gone. A look at what caused the attrition
• The Fastest-Growing Retailers: Retailers explain how they overcame a challenging economy and posted stellar sales results in 2014

Report From Nashville NAMM: Improved attendance, more exhibitors, and upbeat attitudes at the summer show raise expectations for the fourth quarter.

Quarterly Sales: Accessories lead 3.3% sales gain in second quarter

Steinway Celebrates 600,000 Units With Lavish Art Case Piano

Ovation To Restart U.S. Production

Forefront
• NAMM Supports “Make Music Day”
• Fred Gretsch Marks 50-Year Milestone
• Pearl River Dealers Tour Expanded Plant
• Hal Leonard Distributes Beat Buddy
• Roland Teams With “Motobunny”
• School of Rock Expands
• JodyJazz Produces Garzone Album
• Bösendorfer Hosts U.S. Dealers
• Fishman Announces Sweepstakes Winner
• Volz To Distribute Alhambra Guitars
• Promoting Drumming On The Warped Tour
• KMC Distributes Supro Amps & Paiste
• Steinway At Tchaikovsky Competition
• D’Addario Teams With Cole Clark

Retailing
• Sweetwater’s GearFest Smashes Records
• Yanda’s Music Opens Second Location
• Portman’s Music Hosts Aberle Clinic
• New Guitar Center Store In Redmond, WA
• Southpaw Guitars Celebrates 35th Year
• Newell Named Gruhn Guitars President


     
     






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