Posted by: DanO1
I heard today that GC owns Harmony Central - 09/03/06 09:13 AM
This is what I heard from another independant music dealer... Interesting if true.
I heard today that GC owns Harmony Central
Posted by: RobertG
Re: I heard today that GC owns Harmony Central - 09/03/06 10:52 AM
Extremely unlikely considering that HC accepts ads from other retailers such as Musician's Friend and Sweetwater. How do you think the shareholders of publicly-traded GC would feel about that?
HC lists no reference to GC on their about page.
http://www.harmony-central.com/Info/about.html
HC lists no reference to GC on their about page.
http://www.harmony-central.com/Info/about.html
Posted by: Ensnareyou
Re: I heard today that GC owns Harmony Central - 09/03/06 11:21 AM
Quote:
Originally posted by RobertG:
Extremely unlikely considering that HC accepts ads from other retailers such as Musician's Friend and Sweetwater. How do you think the shareholders of publicly-traded GC would feel about that?
HC lists no reference to GC on their about page.
http://www.harmony-central.com/Info/about.html
Extremely unlikely considering that HC accepts ads from other retailers such as Musician's Friend and Sweetwater. How do you think the shareholders of publicly-traded GC would feel about that?
HC lists no reference to GC on their about page.
http://www.harmony-central.com/Info/about.html
GC owns Musicians Friend but I'm not sure about Sweetwater. It wouldn't surprise me if they owned a majority interest in Sweetwater since GC is doing its best to buy every music store they can across the country. GC is the Wal Mart of Music and their buying power and marketing strategy are unmatched by any other retailer.
Posted by: ViLo
Re: I heard today that GC owns Harmony Central - 09/03/06 11:23 AM
Musicians Friend Owns Harmony Central... 
GC Owns MF
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www.tagworld.com/vicentelopez
HE'S COMING, MAKE MUSIC, GET READY!
GC Owns MF
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www.tagworld.com/vicentelopez
HE'S COMING, MAKE MUSIC, GET READY!
Posted by: ViLo
Re: I heard today that GC owns Harmony Central - 09/03/06 11:31 AM
Quote:
Originally posted by Ensnareyou:
GC owns Musicians Friend but I'm not sure about Sweetwater. It wouldn't surprise me if they owned a majority interest in Sweetwater since GC is doing its best to buy every music store they can across the country. GC is the Wal Mart of Music and their buying power and marketing strategy are unmatched by any other retailer.
GC owns Musicians Friend but I'm not sure about Sweetwater. It wouldn't surprise me if they owned a majority interest in Sweetwater since GC is doing its best to buy every music store they can across the country. GC is the Wal Mart of Music and their buying power and marketing strategy are unmatched by any other retailer.
GC Is also buying Hermes Music stores in Texas and Mexico.....
http://phx.corporate-ir.net/phoenix.zhtml?c=105057&p=irol-newsArticle&ID=859206&highlight= The link does not mention the Mexico stores..but according to a MGR friend of mine it'll happen by the end of the year or the begining of next year.
------------------
www.tagworld.com/vicentelopez
HE'S COMING, MAKE MUSIC, GET READY!
Posted by: Chris Valenti
Re: I heard today that GC owns Harmony Central - 09/03/06 11:41 AM
" On June 10, 2005, our Musician's Friend unit completed the asset acquisition of Harmony-central.com, an Internet content and information site. The acquired company is seperately maintained and operated by Musician's Friend as as Harmony Central Group LLC."
Source: guitarcenter.com 2005 financial statement/prospectus .pdf
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http://www.soundclick.com/bands/pagemusic.cfm?bandID=235791
Source: guitarcenter.com 2005 financial statement/prospectus .pdf
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http://www.soundclick.com/bands/pagemusic.cfm?bandID=235791
Posted by: Chris Valenti
Re: I heard today that GC owns Harmony Central - 09/03/06 11:44 AM
Quote:
Originally posted by Chris Valenti:
" On June 10, 2005, our Musician's Friend unit completed the asset acquisition of Harmony-central.com, an Internet content and information site. The acquired company is seperately maintained and operated by Musician's Friend as as Harmony Central Group LLC."
Source: guitarcenter.com 2005 financial statement/prospectus .pdf, p.48
" On June 10, 2005, our Musician's Friend unit completed the asset acquisition of Harmony-central.com, an Internet content and information site. The acquired company is seperately maintained and operated by Musician's Friend as as Harmony Central Group LLC."
Source: guitarcenter.com 2005 financial statement/prospectus .pdf, p.48
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http://www.soundclick.com/bands/pagemusic.cfm?bandID=235791
Posted by: DanO1
Re: I heard today that GC owns Harmony Central - 09/03/06 12:13 PM
Interesting stuff ....
Bank of America owns the Gibson - Ephiphone and Baldwin trade names. FYI
You can get ephiphone at Walmart !
Bank of America owns the Gibson - Ephiphone and Baldwin trade names. FYI
You can get ephiphone at Walmart !
Posted by: RobertG
Re: I heard today that GC owns Harmony Central - 09/03/06 01:51 PM
Chris: Good sleuthing. Shows what I don't know. Which is much.
Search the below PDF for what Chris found.
http://media.corporate-ir.net/media_files/irol/10/105057/reports/ar05.pdf
Search the below PDF for what Chris found.
http://media.corporate-ir.net/media_files/irol/10/105057/reports/ar05.pdf