News
MakeMusic Sale to LaunchEquity Under Investigation
The recent sale agreement of Make- Music, Inc. to LaunchEquity Acquisition Partners, LLC Designated Series Education Partners (“LEAP”), is currently under investigation in New York for possible breaches of fiduciary duty.The New York law firm of Levi & Korsinsky has stated that it will focus on whether the MakeMusic Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the company before entering into the transaction. The concern is that LEAP is underpaying for its shares, thus unlawfully harming MakeMusic stockholders.
Read More...
Radial Names Stage Audio Works as Distributor for African Region
Radial Engineering has appointed Stage Audio Works as their Distributor for the African Region. Stage Audio Works, based in Southern Africa, is a leading supplier of cutting-edge live event audio and lighting technologies. Radial’s international sales manager Steve McKay " notes, “Their philosophy of providing the highest quality products in their distribution lines up perfectly […] Read More...Steinway Reports Q4 Results
Steinway Musical Instruments, Inc. (NYSE: LVB) has reported earnings for the quarter and year ended December 31, 2012.
Read More...
Getzen Company Changes Hands
In 1939, T.J. Getzen founded The Getzen Company in a converted barn behind the family home in Elkhorn, Wisconsin. That year, a family tradition in the musical instrument business was born. Following that heritage, Brett and Adam Getzen, the great-grandsons of the company’s founder, have announced that they have purchased the Getzen Company from their father, […] Read More...Harman Completes Acquisition of Martin Professional
Harman has completed its acquisition of Martin Professional A/S of Denmark. Martin is a leading provider of lighting solutions for the entertainment, architectural, and commercial sectors, and its acquisition advances Harman’s capacity to serve customers in a wide variety of applications and geographic markets with highly integrated AV and lighting systems. Read More...
Robert M. Sides Family Music Acquires Haines Music
Robert M. Sides Family Music Centers recently announced the acquisition of Haines Music in Selinsgrove, Pa.Haines Music owners Pam and Nevin Garrett are retiring after 37 years in the music business, while 25-year Haines school service representative Rob Ensinger will continue to serve his schools as the newest member of the Robert M.Sides team. Haines […] Read More...
Benedetto Guitars Celebrates 45 Years
Founded in 1968 by American luthier Robert Benedetto, Benedetto Guitars, Inc.of Savannah, Georgia is celebrating 2013 as their 45th Anniversary. The small but internationally renowned company builds some of the world’s most collectable and expensive instruments while still focusing their production on the needs of professional and aspiring jazz guitarists. Benedetto " guitars have been […] Read More...Summary Judgment For Ultimate SupportSystems in Patent Infringement Lawsuit
As previously reported in MMR, on March 23rd, 2011, K.H.S. Musical Instrument Co., Ltd., the manufacturer and supplier of the HERCULES Guitar Stands, filed a patent infringement lawsuit against Ultimate Support Systems Inc. of Loveland, Colorado. The lawsuit involves US Patent No.7,105,732 owned by K.H.S. and claims infringement by Ultimate Support and its Guitar Stand […] Read More...
Audix Rep of the Year
Cliff Castle, Audix VP of sales and marketing, announced the winner of 2012 Audix Rep of the Year award at the annual rep and distributor meeting.
This year’s winner, Reflex Marketing, is headed by Bob Brennan, along with Rob Schnell and John McFadden. Covering the Metro New York, New Jersey and Eastern Pennsylvania regions, Reflex Marketing has represented Audix for over 14 years.
Read More...NAMM’s 2013 Top 100 Dealer Awards
Entries are now being accepted for NAMM’s 2013 Top 100 Dealer Awards, w hich spotlight the music instrument and products industry’s best, brightest and most proactive retailers. The awards will be presented during Summer NAMM, July 11-13, 2013 in Nashville, and recognize retailers in seven “Best of” categories, with the 2013 “Dealer of the Year” […] Read More...
Orange Announces Dealer & Sales Representative of the Year
Orange Amplification announced that Sweetwater Sound Inc. has been awarded USA " Dealer Of The Year 2012 and Bill McDaniel has been presented with USA Sales Representative Of The Year 2012 at the Winter NAMM 2013. Sweetwater Sound, Inc. surpassed all previous Orange USA Dealer Of The Year winners’ sales records in 2012. Sweetwater has […] Read More...
