John Mayer Leaves Fender, Continues To Play Fender

Fender John Mayer Stratocaster

Ouch. John Mayer has parted ways with Fender in the form of a big ‘ol burn on Twitter.

 

JohnMayer
Heads up to anyone thinking about owning my signature @Fender Stratocaster, they’re no longer being made and I’m no longer a Fender artist.
14/10/2014 7:35 am
JohnMayer
I love Fender guitars and will continue to play them, but the fact is that the company as it is today isn’t the same one I started with.
14/10/2014 7:44 am

The John Mayer Signature Stratocaster is a pretty damn spectacular guitar, so if you’re interested in them you should pick one up while you still can.

Bono & The Edge Join Fender Board

U2 360 Tour Opener - BarcelonaPRESS RELEASE: The Edge and Bono, two pioneers of rock music, have joined Fender Musical Instruments Corporation’s board of directors. The Edge and Bono, best known as the guitarist and lead singer for the seminal band U2, bring a unique blend of experience in music, entertainment, business and advocacy to the 68-year-old music company. As members of the board, they will carry on the tradition of Fender as a creator of iconic musical instruments and will guide the company as it pursues new strategies to grow through increased engagement with fans. “By adding The Edge and Bono to the board of Fender, we are taking an important step toward building a company that is able to meet its potential as a business and a brand,” said Bill McGlashan, Fender co-chairman. “The music world is changing and Fender is undergoing a transformation into a better music company.” Read More …

Fender To Sell Guild To Cordoba

This is interesting: Fender Musical Instruments Corporation (FMIC) intends to sell the Guild guitar brand to Cordoba Music Group, whose president Jonathan Thomas is the son of Larry Thomas, who just stepped down as CEO of Fender. It was recently announced that the Guild facility in New Hartford, Connecticut would be closed, so I guess Cordoba is effectively buying a bunch of trademarks, which must be a lot cheaper than buying a whole factory and everything associated with it. Once upon a time I was a business news journalist, and there’s a part of me that would love to know more, such as when did Fender start talking with Cordoba? Is FMIC actively seeking to divest any other brands? Personally I’d love to see Hamer sold and resurrected. How fricking awesome would it be to one day soon see new Hamers? Anyway, following finalisation of the deal Guild guitars will be made in Oxnard, California, rather than on the east coast. Here’s the press release for more info: Read More …

Gibson Acquires Philips’ Audio, Video, Multimedia, Accessories Business

PRESS RELEASE: As part of its continued growth and diversification in the music and audio lifestyle arena, Gibson Brands, Inc. (www.gibson.com) today announced that it has signed an agreement with Royal Philips (NYSE: PHG, AEX: PHIA) to acquire WOOX Innovations, the audio, video, multimedia and accessories business of Philips. Under the terms of the agreement, Gibson Brands will pay $135 million and a brand license fee, relating to a license agreement for an initial period of 7 years. The deal is expected to close in the second half of 2014, subject to customary conditions, including regulatory filings and works council procedures.  Read More …

Fender Names Bob Roback New President

Bob RobackPRESS RELEASE: Fender Musical Instruments Corporation (FMIC) announced today that Bob Roback has joined FMIC as President and has also joined the company’s Board of Directors. Roback has extensive experience as an entrepreneur and executive in the music business, overseeing the growth and development of many of the most innovative consumer experiences in digital music and converting those experiences into successful businesses. Roback is an important new addition to Fender’s senior leadership team and will have a wide scope of responsibility including overseeing the development of Fender’s emerging digital strategy aimed at deeply engaging musicians and music fans more broadly. Roback will also establish a new Los Angeles office in order to expand the company’s consumer marketing and digital capabilities. Read More …

Fender CEO Larry Thomas To Retire

Larry-ThomasPRESS RELEASE: Fender Musical Instruments Corporation (FMIC) announced today the upcoming retirement of CEO Larry Thomas, effective May 31, 2014. Thomas was appointed to the FMIC Board of Directors in 2009 and later appointed CEO on Aug. 1, 2010. Current interim COO Scott Gilbertson will assume the role of interim CEO until the company completes its search for a successor. Gilbertson is a partner at TPG Growth and currently serves on the board of Fender Musical Instruments and has also served as interim COO since Oct. 2013. Previously, he held a variety of executive positions at leading companies including J.Crew, Under Armour and Bally International.  Read More …

PRESS RELEASE: Line 6 To Be Acquired By Yamaha

line6_logoCALABASAS, Calif. – December 20 2013Yamaha Corporation and Line 6, Inc. today announced a definitive agreement for Yamaha to acquire Line 6, a leading manufacturer of innovative solutions for musicians. The acquisition expands Yamaha’s portfolio of modeling guitar processing products as well as pro-audio equipment, and offers new and exciting opportunities for accelerated growth for both companies. Line 6 products have been at the cutting edge of digital audio development for musicians and audio professionals since the company pioneered the digital modeling guitar amplifier in 1996. Line 6 continues to deliver innovation and excellence across its industry-leading portfolio, including POD® multi-effect processors, digital effects, guitar amplifiers, modeling guitars, a range of professional instrument and microphone digital wireless systems, digital live sound mixers, speakers, as well as iOS interfaces. Read More …

Abigail Ybarra Passes The Torch

Josefina Campos_Abig

It’s the end of an era. It’s amazing to think that for the entire history of rock music, pickups by Fender’s Abigail Ybarra have been there. Abigail was personally hired by Leo Fender in the 50s, and her hand-wound pickups are legendary. Abigail has just retired, passing the torch to the very capable Josefina Campos. Josefina has been with Fender since 1991 and has been apprenticing with Abigail for the last three years. Abigail, it was a pleasure to meet you on my visit to Fender and again when you stopped by the Seymour Duncan booth at NAMM this year. And Josefina, I can’t wait for the day when I own your pickups! Read More …