music123 bankrupt

Posted by: DanO1

music123 bankrupt - 11/23/06 09:22 AM

Looks like GC bought the rest of Music123's inventory and 123 has filed for bankruptcy.
If you order from Music 123, GC / Musicians Friend will fullfil the order...

Very bad year for music retailers.
Posted by: mikeathome1

Re: music123 bankrupt - 11/23/06 09:34 AM

Geez I just got a big promotional letter from music 123 this week, big sale no finance charges for a year... they're dropping like flies.
Posted by: Bill in Dayton

Re: music123 bankrupt - 11/23/06 04:43 PM

Damn...

I have a Music Pad Pro on order from them, which they've told me is on back order but expected to be in stock for them in the first couple weeks of December...

I wonder if I'm still getting it?
Posted by: travlin'easy

Re: music123 bankrupt - 11/23/06 06:50 PM

Bill,

The major concern you should have is wheter or not they have charged your credit card for the item. If so, you may want to contact your credit card company and make sure they do not pay the charge.

Good Luck,

Gary

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Travlin' Easy
Posted by: DonM

Re: music123 bankrupt - 11/23/06 08:39 PM

Does this mean I don't have to pay my 123 bill?

NAWW.
DonM
Posted by: Bill in Dayton

Re: music123 bankrupt - 11/24/06 05:26 AM

Update

Spoke with Music123 Customer Service on the phone this morning and they say that everything will continue as before regarding the filling of orders and other related activities.

Confirmed that the Music Pad Pro is on backorder and is expected in to them on the second week of December, which hopefully means I'll have it by Xmas...

Bill
Posted by: DanO1

Re: music123 bankrupt - 11/25/06 08:03 AM

http://phx.corporate-ir.net/phoenix.zhtml?c=105057&p=irol-newsArticle&ID=935011&highlight