In contrast to many other traditional retailers and small businesses, many music gear producers are experiencing banner years in terms of sales following lagging numbers for the past five years. Analysts consider this boom as directly related to the COVID-19 pandemic and subsequent shutdowns, which found more Americans at home with more free time and …
As the COVID-19 pandemic rages on with deaths nearing 200,000 and little federal or state intervention for small businesses, independent music venues are being forced to decide between closing for good or selling out to big corporations. After six months of pandemic shutdowns and little or no revenue, independent venues are being approached by large …
Amid Pandemic Squeeze, Independent Venues Forced to Decide Between Freedom and Failure Read More »
After GM announced a partnership with emerging EV manufacturer Nikola Wednesday Tesla stocks took another tumble in what’s been an already bleak month for the previously unstoppable auto manufacturer. Tesla shares are down some 18% in what marks the companies second-biggest drop at the beginning of its second bear market this year. Following last Friday’s …
18% Drop for Tesla Stock as Competition from Nikola and GM Partnership Emerges Read More »
As cannabis becomes more mainstream and finds itself with two identities, a new app aptly dubbed Seedy has established itself to allow home cannabis growers to network, buy, and sell seeds and equipment and build like-minded communities around common goals. Marijuana use has long been associated with the underground or counter-culture, but as legalization efforts …
New App to Revolutionize Cannabis Cultivation and Build Large Networks of DIY Growers Read More »
Like so many in-person activities, NAMM 2021 has announced that it is going to move to a virtual exhibition due to the COVID-19 pandemic, which means VEX Stands will not be able to make its debut at the exhibition, and for that, we are truly bummed. The NAMM exhibition’s vibrance and energy have made it …
NAMM 2021 Officially Goes Virtual with ‘Believe in Music’ week starting Jan 18 2021 Read More »
Guitar Center said Monday that it had exchanged some $56.4m in bonds due in 2022. This figure represents 90.7% of the principal of the bond group, and the announcement came after a missed interest payment in April. The disclosure of the debt exchange caused Moody’s and S&P Global to downgrade Guitar Center to default levels, …
While celebrities, musicians, and other artists have been streaming content for fans on virtual platforms during the widespread shutdown due to the COVID-19 pandemic, the use of popular songs is often used without licenses or permission. This was an issue even before the pandemic forced all public performances online with streaming and social platforms, making …
While cities across America saw thousands of people standing up against years of systemic racism and police brutality, Iowa lawmakers saw an opportunity to pass a bill increasing penalties against animal rights activists quietly. Both the House and Senate rapidly passed the law following brief debates, and now it awaits Governor Kim Reynolds’ signature. This …
While most people are familiar with THC (tetrahydrocannabinol) and CBD (cannabidiol), the main active components in marijuana, a new compound, CBG (cannabigerol), has been isolated and shows potential as a treatment for inflammation, appetite loss, and even brain deterioration. Tapping into these benefits from a single source is proving to be big business, and as …
CBG Becoming New Industry Leader as Marijuana and CBD Continue to Expand Markets Read More »
The White House’s warning of possible sanctions at the end of May due to China’s treatment of Hong Kong was just the latest clash between the two nation’s in their increasingly strained relationship. In January, Chinese President Xi Jin Ping and Trump signed a preliminary trade deal in which China agreed to the purchase of hundreds of …
Longstanding US-China Tensions Heightened Amid COVID-19 Pandemic Read More »