Woodwind & Brasswind
Encyclopedia
Woodwind & Brasswind is a company that specializes in musical instruments, based in South Bend, Indiana
, United States
.
Woodwind & Brasswind hosts an annual Battle of the Bands concert as a competition among bands.
. The store was renamed to Music123.com, with annual sales increasing over the next few years.
On November 21, 2006, Woodwind & Brasswind filed for bankruptcy protection, as the unfavorable verdict caused the company to default on various loans and payable accounts. The bankruptcy was caused by the verdict of an ongoing legal battle with the previous owners of Zapf’s Music Store initiated by their dismissal.
On November 28, 2006, Guitar Center
offered $37.1M for the purchase of Woodwind & Brasswind. A few weeks later on December 6, Steinway Musical Instruments
offered $40.1M for acquisition.
On January 16, 2007, Steinway announced on its Investor Relations page its intention to terminate its asset purchase agreement with Dennis Bamber Inc. d/b/a/ Woodwind and Brasswind.
employees to Indianapolis
by the end of the year.
Indiana
Indiana is a US state, admitted to the United States as the 19th on December 11, 1816. It is located in the Midwestern United States and Great Lakes Region. With 6,483,802 residents, the state is ranked 15th in population and 16th in population density. Indiana is ranked 38th in land area and is...
, United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
.
Woodwind & Brasswind hosts an annual Battle of the Bands concert as a competition among bands.
Acquisition
In 2002, Woodwind & Brasswind acquired Zapf’s Music Store Inc, an online-music store based from New JerseyNew Jersey
New Jersey is a state in the Northeastern and Middle Atlantic regions of the United States. , its population was 8,791,894. It is bordered on the north and east by the state of New York, on the southeast and south by the Atlantic Ocean, on the west by Pennsylvania and on the southwest by Delaware...
. The store was renamed to Music123.com, with annual sales increasing over the next few years.
Change in Ownership
During 2004, Woodwind & Brasswind terminated Stephan and Richard Zapf. This termination caused a two-year legal dispute concerning the terms of the acquisition and employment.On November 21, 2006, Woodwind & Brasswind filed for bankruptcy protection, as the unfavorable verdict caused the company to default on various loans and payable accounts. The bankruptcy was caused by the verdict of an ongoing legal battle with the previous owners of Zapf’s Music Store initiated by their dismissal.
On November 28, 2006, Guitar Center
Guitar Center
Guitar Center is the largest chain of musical instrument retailers in the world with 223 locations throughout the United States. Its headquarters is in Westlake Village, California....
offered $37.1M for the purchase of Woodwind & Brasswind. A few weeks later on December 6, Steinway Musical Instruments
Steinway Musical Instruments
Steinway Musical Instruments, Inc. is a musical instrument manufacturing conglomerate.Through acquisitions and mergers, the company has acquired a large number of musical instrument brand names and manufacturing facilities...
offered $40.1M for acquisition.
On January 16, 2007, Steinway announced on its Investor Relations page its intention to terminate its asset purchase agreement with Dennis Bamber Inc. d/b/a/ Woodwind and Brasswind.
Store closure
In 2011, Woodwind & Brasswind decided to close its retail store and warehouse, and transfer its call centerCall centre
A call centre or call center is a centralised office used for the purpose of receiving and transmitting a large volume of requests by telephone. A call centre is operated by a company to administer incoming product support or information inquiries from consumers. Outgoing calls for telemarketing,...
employees to Indianapolis
Indianapolis
Indianapolis is the capital of the U.S. state of Indiana, and the county seat of Marion County, Indiana. As of the 2010 United States Census, the city's population is 839,489. It is by far Indiana's largest city and, as of the 2010 U.S...
by the end of the year.
External links
- Woodwind & Brasswind official homepage
- Woodwind & Brasswind gets rival bid - Boston Globe (December 6, 2006)
- Another Suitor for Woodwind & Brasswind - WSBT South Bend (Accessed December 13, 2006)
- Woodwind & Brasswind Enters Bankruptcy; Guitar Center Bids to Acquire Most Assets - MMR (Accessed December 13, 2006)