Jump to content
Sign in to follow this  
Millennium Maestro

Rolling Stone purchases 49% of Heritage Inc and releases major plans.

Recommended Posts

JeffB    102

I didnt see it in the article either. Im not sure what the partnership involves from that article.

I cant find that anywhere on the web. I can find Rolling Stone sells 49 percent stake to Singapore's BandLab

Which means if Rolling stone purchased 49% of Heritage Guitars Inc, well, thats interesting.

Edited by JeffB

Share this post


Link to post
Share on other sites
FredZepp    78

I also thought that I had read that BandLab Technologies, a Singapore-based music retailing and distribution company, was a 49% owner in Rolling Stone.

And there was a  licensing agreement and a marketing/ distribution partnership between them and Heritage.  

Share this post


Link to post
Share on other sites
Genericmusic    17
34 minutes ago, FredZepp said:

I also thought that I had read that BandLab Technologies, a Singapore-based music retailing and distribution company, was a 49% owner in Rolling Stone.

And there was a  licensing agreement and a marketing/ distribution partnership between them and Heritage.  

:thumbsup:

Share this post


Link to post
Share on other sites
tulk1    34
6 hours ago, JeffB said:

Does that mean Heritage Guitars Inc has part foreign ownership?

 

Just musing and thinking as I type. Seems to me, neither the article nor the vid actually said anything about partnered ownership. Only "partnering". That could have several iterations, wouldn't you think? Partnered where they own a part of the biz. Partnered where they get portions of the profit for distribution, etc. I'm hoping its the distribution angle. But, whatever .... it's their company to do with as they please, now. Much as it was with Marv, Bill, Jim and Co.

Share this post


Link to post
Share on other sites
JeffB    102
29 minutes ago, tulk1 said:

Just musing and thinking as I type. Seems to me, neither the article nor the vid actually said anything about partnered ownership. Only "partnering". That could have several iterations, wouldn't you think? Partnered where they own a part of the biz. Partnered where they get portions of the profit for distribution, etc. I'm hoping its the distribution angle. But, whatever .... it's their company to do with as they please, now. Much as it was with Marv, Bill, Jim and Co.

I can see they partnered with BandLab Tech for distribution in Asia, and maybe over here,  thats pretty common. I could understand the partnership with RS as far as other aspects of the business go from what Ive read about the things theyre wanting to get going but the thread title,"Rolling Stone purchases 49% of Heritage Inc and releases major plans" kinda leads one to think that a company that is 49% owned by a Singapore based company owns 49% of Heritage Guitars Inc. 
I cant find anything online to back any of it up. 

 

Edited by JeffB

Share this post


Link to post
Share on other sites
davesultra    10

Perhaps we'll see a new line of low-end import "H" guitars.:unsure: I can see it now, "Parsons Street Guitars".:BangHead:

Share this post


Link to post
Share on other sites

I know what you know except when I was notified I was given the 49% number... Don't worry about the percentage guys... I meant nothing more than to say Heritage sold off a minority percentage of the company to a very prosperous financial guy with goals of making the factory a worldwide tourist destination, expanding products worldwide.
 

Have to run for now.

Share this post


Link to post
Share on other sites
FredZepp    78

I do remember some stories about an asian investor coming up at this years PSP..   The video certainly shows that things are progressing in the plans for Parsons Street.   Can't wait to hang out on the rooftop bar.... 

  • Like 1

Share this post


Link to post
Share on other sites
big bob    66
10 hours ago, JeffB said:

Does that mean Heritage Guitars Inc has part foreign ownership?

 

HERITAGE has 100% foreign ownership!

plaza corp. is a Canadian company.  

Share this post


Link to post
Share on other sites
JeffB    102
22 minutes ago, big bob said:

HERITAGE has 100% foreign ownership!

plaza corp. is a Canadian company.  

Did not know that. Damn foreigners ;)

Share this post


Link to post
Share on other sites
Yooper    43
39 minutes ago, JeffB said:

Did not know that. Damn foreigners ;)

Not ta mention dey talk like Yoopers, eh? 

  • Like 1
  • Upvote 1

Share this post


Link to post
Share on other sites
kidsmoke    49
1 hour ago, big bob said:

HERITAGE has 100% foreign ownership!

plaza corp. is a Canadian company.  

are you sure? One of the owners is Canadian born....but everything I can find shows them registered in Kalamazoo and legally based there.

Share this post


Link to post
Share on other sites
FredZepp    78

Yes.... Great videos !!      So much big news going on at Heritage,  and who would have thought we'd ever be saying that to this degree.  So much to look forward to at the old Parsons Street location. 

So, a question .. did they give tours of the work being done on the 3 story 1917 part of the plant? 

Share this post


Link to post
Share on other sites
skydog52    47
5 hours ago, FredZepp said:

Yes.... Great videos !!      So much big news going on at Heritage,  and who would have thought we'd ever be saying that to this degree.  So much to look forward to at the old Parsons Street location. 

So, a question .. did they give tours of the work being done on the 3 story 1917 part of the plant? 

No they didn't. Talking to Ron Howard there is a lot of asbestos abatement that has to be performed in that area.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

Sign in to follow this  

×