Debt Troubles Reported for Gibson, Juszkiewicz Responds

It has recently been reported by many that Gibson Brands, Inc. - parent company of Gibson Guitars - is facing an uncertain future due to serious debt-related and operational concerns. The company has issued a statement regarding their financial situation and, further, MMR spoke with Gibson Chairman and CEO Henry Juszkiewicz on the afternoon of February 20.



MMR publisher Terry Lowe presents NAMM's Mary Luehrsen with the Don Johnson Industry Service Award in Anaheim on Saturday afternoon.


At its Annual Meeting of Members, held January 24 during the 2015 NAMM Show, the National Association of Music Merchants (NAMM) named eight new music industry professionals to its board of directors. The NAMM Board provides leadership, counsel and direction to NAMM, the NAMM Foundation, and the global music products industry.

In welcoming the eight incoming industry leaders, chairman Larry Morton expressed his confidence in the expertise and dedication of the new directors. “We are delighted to welcome these successful and respected professionals to the NAMM Board,” said Morton. “They represent a diverse cross-section of our NAMM Membership and they will bring their unique market perspectives to help us lead the organization forward. We’re very grateful that they are willing to make this commitment on behalf of our NAMM Members and the industry at large.”

Read more: Eight New NAMM Board Members Elected


Craigie Zildjian receives her trophy at this year's SheRocks Awards held during the NAMM Show in Anaheim.


The Chauvet DJ team with the hardware for the company's "two-fer" Dealers' Choice Award wins.


D'Addario once again wins "Accessory Line of the Year": Jim D'Addario, Peter D'Addario, Ari Simon, MMR editor Christian Wissmuller, and John D'Addario III.


NAMM honored Peavey Electronics Corporation® with the Milestone Award for 50 years of service in the music products industry. The award recognizes retailers and manufacturers who have succeeded over the years through best practices and strong community standing to reach a landmark anniversary.

“Our philosophy has always been simple – we didn’t start out to be the biggest, we wanted to be the best”, said Hartley Peavey of Peavey Electronics Corporation in Meridian, Miss. 

Hartley was given the award by NAMM CEO and President Joe Lamond during Peavey’s 50th Anniversary celebration at the Hilton Anaheim on Jan. 22.

Read more: Peavey Electronics Honored with NAMM Milestone Award


Ernie Ball, Inc. has announced Brian Ball as its new president. Company CEO Sterling Ball made the announcement, representing the company’s long-term plans for growth and expansion.

Brian’s grandfather Ernie Ball founded the company in 1962; Ernie Ball Inc.’s three-generation family legacy is strong, and Brian’s rich background and history with the company will allow him to serve the business while adding innovations and updates to the product line, as well as company culture and branding.

Sterling Ball stated, “Since 1962, Ernie Ball Inc. has been dedicated to providing tools for artists, and we are excited to see what another 50-plus years in the industry will bring under Brian’s leadership.”

Read more: Brian Ball Appointed President of Ernie Ball, Inc.

Supplier Scene

Gibson Brands will host a Golden Ticket scavenger hunt on Friday, January 23, 2015 in conjunction with the NAMM Convention at the Convention Center in Anaheim, California. The forty (40) Golden Ticket prizes will consist of Gibson and Epiphone electric and acoustic guitars along with Gibson Brands Pro Audio equipment totaling over $50,000 in value.  With every ticket found, Gibson will make a donation to Wounded Warrior Project with a guaranteed total of $50,000.  Clues as to the location of the items in The Great Gibson Grab are on Twitter: @gibsonguitar #GibsonGrab @wwpinc #woundedwarriorproject. The scavenger hunt will be in the four blocks surrounding the Convention Center (800 W. Katella Ave., Anaheim, California  92802) from 10-3 p.m. on January 23 and the guitars and gear will be redeemed with the tickets at 3:30 p.m. at the Gibson Bus which will be parked on the grounds of the Anaheim Convention Center outside next to the Venue Arena, near the NAMM outdoor “Venue Stage.”  The hunt is open to the general public and the attendees of the NAMM Convention.

Read more: Gibson Bands Donates $50,000 to Wounded Warrior Project, Hosts Scavenger Hunt to Give Away Over...


ROLI, design-led music technology leader and developer of the award-winning Seaboard GRAND, today announced that Gregg Stein will join the ROLI team as head of Sales, Americas. This follows a breakthrough 2014 which has seen units shipping around the world to customers, and leading artists such as Oscar-winning composer A.R. Rahman performing on the Seaboard to global audiences. ROLI recently secured $16.5m in from leading venture capital firms in 2014, and acquired JUCE, an acclaimed C++ framework used by leading audio companies such as Korg, Pioneer and Akai Professional.

Read more: ROLI Names Stein Head of Sales Americas, Launches Equator Synth


The AES has announced that Avid chairman, president, and CEO Louis Hernandez, Jr. will give the keynote speech at the 57th International Conference, taking place in Hollywood, California, March 6-8, 2015. The Conference, being held at the world-famous TCL Chinese 6 Theatres on Hollywood Boulevard, will feature some of the best and brightest in the world of engineering for entertainment production, as the AES holds its first-ever dedicated event on The Future of Audio Entertainment Technology. Hernandez will present his keynote address on March 6, at 8:00 AM.

Read more: AES Announces that Avid’s Hernandez, Jr. Will be Keynote Speaker at 57th Intl. Conferene

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