Guitar Wall of Fame
by John Telfer
Title
Guitar Wall of Fame
Artist
John Telfer
Medium
Photograph
Description
FAA WATERCOLOR MARK DOES NOT APPEAR ON FINAL SALES
Every guitar players dream, to walk into their home and have a selection of any variation of guitar to play, electric, acoustic, with any color or variations of colors. This is the Guitar Wall Of Fame. I walked into a local Guitar Center store and asked if I could take a couple of shots, the security guard said make it quick and just a couple, the manager and one of the salesman had a different idea and stopped me before I could get into the drum room and asked me to leave after I got off two photos. Guitar Center is the largest chain of musical instrument retailers in the world[1] with 239 locations[2] throughout the United States. Its headquarters is in Westlake Village, California.
Guitar Center's sister companies/subsidiaries incorporate Music & Arts, Musician's Friend, GuitarCenter.com, LMI, Giardinelli, Musician.com, Private Reserve Guitars, Woodwind and Brasswind and Harmony Central. Founded in Hollywood by Wayne Mitchell in 1959 as The Organ Center, a retailer of electronic organs for home and church use, it became a major seller of Vox electric guitars and guitar amplifiers, changing its name to The Vox Center in 1964. Toward the end of the 1960s, Vox�whose sales derived largely from its association with The Beatles, who made extensive use of its amplifiers�fell in popularity as Marshall amplifier users Eric Clapton and others captured musicians' imaginations. Accordingly, Mitchell once again changed the name, this time to Guitar Center.[1][3]
Guitar Center West LA, Pico & Westwood, Los Angeles
The popularity of rock and roll in the 1970s allowed Mitchell to open stores in San Francisco and San Diego, as well as several suburbs of Los Angeles. Ray Scherr, previously the general manager of the San Francisco store, purchased the company from Mitchell in the late 1970s. Scherr owned and operated it until 1996 from its Westlake Village headquarters.
Although synthesizer-driven disco and New Wave pop sapped rock's audience in the late 1970s, the 1980s "guitar rock" revival led by Van Halen and a concurrent influx of Japanese-produced instruments brought guitar sales to unprecedented levels.[4] Guitar Center took full advantage of this sales bonanza, and by the end of the decade began an ambitious program of expansion across the entire United States.[5] Using its size as leverage over the musical instrument business, it developed into the largest musical instrument retailer in the country, and made an initial public offering of stock in 1997.[6]
In 2005, Guitar Center, Inc., started The Fender Music Foundation, a nonprofit organization that supports music education.[7]
Activision partnered with Guitar Center in 2006; all purchases made during game play of Guitar Hero, beginning with the second installment, are made in a virtual Guitar Center store.
On June 27, 2007, Guitar Center agreed to $1.9 billion buyout from Bain Capital, totaling $2.1 billion including debt. The deal was led by Goldman Sachs and amounted to a per-share price of $63, or a 26% premium on the June 26 closing price. The deal was approved by shareholders on September 18, 2007, and closed October 9, 2007.[8]
In mid-2009 Guitar Center opened a rehearsal studio facility in Woodland Hills, California. The eight studios with full backline range in size from 350-550 square feet. Guitar Center also hosts annual events such as the Drum Off, King of the Blues, contests, and artist appearances throughout the nation.
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Uploaded
March 24th, 2012
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