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#2112071 - 07/03/13 09:33 AM Re: Steinway is bought out... we now play a Kholberg [Re: erichlof]
Hank Drake Offline
1000 Post Club Member

Registered: 05/31/01
Posts: 1652
Loc: Cleveland, Ohio
I wonder if this will have any impact on Arkivmusic, which is owned by Steinway.
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Hank Drake

The composers want performers be imaginative, in the direction of their thinking--not just robots, who execute orders.
George Szell

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#2112115 - 07/03/13 10:47 AM Re: Steinway is bought out... we now play a Kholberg [Re: Hank Drake]
Derulux Offline
5000 Post Club Member

Registered: 06/06/05
Posts: 5067
Loc: Philadelphia
Originally Posted By: Hank Drake
I wonder if this will have any impact on Arkivmusic, which is owned by Steinway.

Guessing it will depend a lot on the financial stability of that business segment. They're basically buying a 150 year-old house that they think they can remodel, otherwise touch-up, repackage, and make a good profit off of it. What needs replacing will get replaced. What still looks good may stay. They might also gut the whole thing and rebuild it from the ground up.

But one basic rule of thumb: any noticeable nail sticking up will either get pounded down, or ripped out and (maybe) replaced.

And one basic "axiom" of buyouts: nobody buys a business to leave it exactly as it is. Because if it's working, and working well, the owner won't sell for a good enough price to make the purchase attractive.

Here's a pretty good article on the current deal:
http://www.bloomberg.com/news/2013-07-01/steinway-to-be-bought-by-kohlberg-for-438-million.html

One thing that really irks me, though:
I'm still amazed that people think the economy is recovering -- and Bloomberg writers, no less! The stock market has recovered (and started a new bubble), but with still-high unemployment, declining wages, exponentially rising food and energy costs, artificially low interest rates, and an ever-growing divide between the upper- and middle- classes (particularly in the US, for foreign readers), I don't see how anyone can think this will end well... our "Economy Train" is still heading for that massive cliff we almost went off in 2008. All we did was build a bridge out over the precipice, but there is no "other side". When we run out of building materials, we will go off the end of the bridge.
_________________________
Every day we are afforded a new chance. The problem with life is not that you run out of chances. In the end, what you run out of are days.

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#2112255 - 07/03/13 03:22 PM Re: Steinway is bought out... we now play a Kholberg [Re: erichlof]
Brendan Offline



Registered: 05/26/01
Posts: 5229
Loc: McAllen, TX
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#2112265 - 07/03/13 03:43 PM Re: Steinway is bought out... we now play a Kholberg [Re: Brendan]
Nikolas Online   content
4000 Post Club Member

Registered: 11/26/07
Posts: 4994
Loc: Europe
WOW indeed...

I'm speechless!
_________________________
http://www.musica-ferrum.com

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#2112297 - 07/03/13 04:23 PM Re: Steinway is bought out... we now play a Kholberg [Re: erichlof]
debrucey Offline
2000 Post Club Member

Registered: 01/18/06
Posts: 2587
Loc: Manchester, UK
The reason Steinways are so popular is largely due to marketing. The business could stand to change in my opinion, as could the pianos.

I would like to see a greater variety of pianos on concert stages. The finest piano I've ever played on was a Shigeru Kawai but it seems almost nobody has heard of them.
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Kapustin - Preludes Op. 53, Nos. 8, 11, 12, 9 and 10
Poulenc - Nocturnes and Novellettes
Barber - Souvenirs
Esa-Pekka Salonen - Dichotomie
Kevin Oldham - Ballade, Op. 17

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#2112326 - 07/03/13 05:23 PM Re: Steinway is bought out... we now play a Kholberg [Re: debrucey]
Damon Offline
5000 Post Club Member

Registered: 09/22/06
Posts: 5916
Loc: St. Louis area
Originally Posted By: debrucey
The finest piano I've ever played on was a Shigeru Kawai but it seems almost nobody has heard of them.


thumb Unfortunately, I couldn't afford that one either.
_________________________
Prepositions are not words to end sentences with.

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#2112358 - 07/03/13 06:32 PM Re: Steinway is bought out... we now play a Kholberg [Re: argerichfan]
stores Offline
6000 Post Club Member

Registered: 12/28/09
Posts: 6645
Loc: Here, as opposed to there
Originally Posted By: argerichfan
Originally Posted By: stores

I keeeeeeeel you!!!

Anyone as pretty as pogo deserves the best.



Well then, she wouldn't want a "hot" piano. =p
Of course, I would buy her one could I afford to do so and she knows this. She's gorgeous, but my reasons are not so much about her looks.
_________________________

"And if we look at the works of J.S. Bach — a benevolent god to which all musicians should offer a prayer to defend themselves against mediocrity... -Debussy

"It's ok if you disagree with me. I can't force you to be right."

♪ ≠ $


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#2112359 - 07/03/13 06:32 PM Re: Steinway is bought out... we now play a Kholberg [Re: erichlof]
stores Offline
6000 Post Club Member

Registered: 12/28/09
Posts: 6645
Loc: Here, as opposed to there
I read today that Steinway Hall will become a condo tower. Brilliant, eh?
_________________________

"And if we look at the works of J.S. Bach — a benevolent god to which all musicians should offer a prayer to defend themselves against mediocrity... -Debussy

"It's ok if you disagree with me. I can't force you to be right."

♪ ≠ $


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#2112522 - 07/04/13 12:22 AM Re: Steinway is bought out... we now play a Kholberg [Re: stores]
laguna_greg Offline
1000 Post Club Member

Registered: 04/02/13
Posts: 1166
Loc: guess where in CA and WA
That is just SO depressing!
_________________________
Laguna Greg

1919 Mason & Hamlin AA
1931 Bechstein C
http://www.triangleassociates-us.com/about_us (my day job)
http://en.wikipedia.org/wiki/Dorothy_Taubman (a recent article I wrote about one of my teachers)

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#2112523 - 07/04/13 12:25 AM Re: Steinway is bought out... we now play a Kholberg [Re: Derulux]
laguna_greg Offline
1000 Post Club Member

Registered: 04/02/13
Posts: 1166
Loc: guess where in CA and WA
Hi Deru,

" ...I don't see how anyone can think this will end well..."

No, it can't possibly, and Steinway and its like may be the first casualty.

Please post this on the thread in the "piano" forum, if you would.
_________________________
Laguna Greg

1919 Mason & Hamlin AA
1931 Bechstein C
http://www.triangleassociates-us.com/about_us (my day job)
http://en.wikipedia.org/wiki/Dorothy_Taubman (a recent article I wrote about one of my teachers)

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#2112762 - 07/04/13 11:47 AM Re: Steinway is bought out... we now play a Kholberg [Re: stores]
Pogorelich. Offline
4000 Post Club Member

Registered: 12/28/08
Posts: 4491
Loc: in the past
Originally Posted By: stores
Originally Posted By: argerichfan
Originally Posted By: stores

I keeeeeeeel you!!!

Anyone as pretty as pogo deserves the best.



Well then, she wouldn't want a "hot" piano. =p
Of course, I would buy her one could I afford to do so and she knows this. She's gorgeous, but my reasons are not so much about her looks.


I better have a 9 foot Steinway sitting in my apartment by Monday. You have 4 days!

Anyway, why is the whole world going to [censored] all of a sudden????? (it always was, but this is some new astronomical rate)
_________________________

'I want to invest my emotions only in music; it will never disappoint me or hurt me - it is a safe place to be.'

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#2112804 - 07/04/13 12:46 PM Re: Steinway is bought out... we now play a Kholberg [Re: Pogorelich.]
Damon Offline
5000 Post Club Member

Registered: 09/22/06
Posts: 5916
Loc: St. Louis area
Originally Posted By: Pogorelich.

Anyway, why is the whole world going to [censored] all of a sudden????? (it always was, but this is some new astronomical rate)


Liberalism.
_________________________
Prepositions are not words to end sentences with.

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#2112830 - 07/04/13 01:35 PM Re: Steinway is bought out... we now play a Kholberg [Re: Damon]
ClsscLib Online   content

Platinum Supporter until Jan 02 2013


Registered: 03/14/08
Posts: 1597
Loc: Northern VA, U.S.
Originally Posted By: Damon
Originally Posted By: Pogorelich.

Anyway, why is the whole world going to [censored] all of a sudden????? (it always was, but this is some new astronomical rate)


Liberalism.


Don't blame Classical Liberalism.
_________________________


"People may say I can't sing, but no one can ever say I didn't sing."

-- Florence Foster Jenkins

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#2112842 - 07/04/13 02:10 PM Re: Steinway is bought out... we now play a Kholberg [Re: Damon]
JoelW Offline
4000 Post Club Member

Registered: 05/25/12
Posts: 4158
Originally Posted By: Damon
Originally Posted By: Pogorelich.

Anyway, why is the whole world going to [censored] all of a sudden????? (it always was, but this is some new astronomical rate)


Liberalism.


Politics on Piano World...

Woo-hoo!
_________________________
To each his own.

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#2112849 - 07/04/13 02:19 PM Re: Steinway is bought out... we now play a Kholberg [Re: ClsscLib]
JoelW Offline
4000 Post Club Member

Registered: 05/25/12
Posts: 4158
Originally Posted By: ClsscLib
Originally Posted By: Damon
Originally Posted By: Pogorelich.

Anyway, why is the whole world going to [censored] all of a sudden????? (it always was, but this is some new astronomical rate)


Liberalism.


Don't blame Classical Liberalism.


I'm pretty sure Damon didn't mean Classical Liberalism.
_________________________
To each his own.

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#2112953 - 07/04/13 07:03 PM Re: Steinway is bought out... we now play a Kholberg [Re: Pogorelich.]
Kuanpiano Online   content
2000 Post Club Member

Registered: 05/06/10
Posts: 2055
Loc: Canada
Originally Posted By: Pogorelich.
Originally Posted By: stores
Originally Posted By: argerichfan
Originally Posted By: stores

I keeeeeeeel you!!!

Anyone as pretty as pogo deserves the best.



Well then, she wouldn't want a "hot" piano. =p
Of course, I would buy her one could I afford to do so and she knows this. She's gorgeous, but my reasons are not so much about her looks.


I better have a 9 foot Steinway sitting in my apartment by Monday. You have 4 days!

Anyway, why is the whole world going to [censored] all of a sudden????? (it always was, but this is some new astronomical rate)

The freaking weather here agrees with you! (ugh, rainrainrainrain!)
_________________________
Working on:
Beethoven - Piano Sonata op. 109
Brahms - 6 Klavierstucke op. 118
Rachmaninoff - Piano Concerto no.3

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#2112957 - 07/04/13 07:11 PM Re: Steinway is bought out... we now play a Kholberg [Re: Damon]
jazzyprof Offline
2000 Post Club Member

Registered: 11/30/04
Posts: 2598
Loc: Ann Arbor, MI
Originally Posted By: Damon
Originally Posted By: Pogorelich.

Anyway, why is the whole world going to [censored] all of a sudden????? (it always was, but this is some new astronomical rate)


Liberalism.

Free markets.
_________________________
"Playing the piano is my greatest joy...period."......JP

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#2113036 - 07/04/13 11:56 PM Re: Steinway is bought out... we now play a Kholberg [Re: jazzyprof]
Kreisler Offline



Registered: 11/27/02
Posts: 13706
Loc: Iowa City, IA
Originally Posted By: jazzyprof
Originally Posted By: Damon
Originally Posted By: Pogorelich.

Anyway, why is the whole world going to *** all of a sudden????? (it always was, but this is some new astronomical rate)


Liberalism.

Free markets.

Electricity.
_________________________
"If we continually try to force a child to do what he is afraid to do, he will become more timid, and will use his brains and energy, not to explore the unknown, but to find ways to avoid the pressures we put on him." (John Holt)

www.pianoped.com
www.youtube.com/user/UIPianoPed

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#2113037 - 07/04/13 11:57 PM Re: Steinway is bought out... we now play a Kholberg [Re: Kreisler]
Brendan Offline



Registered: 05/26/01
Posts: 5229
Loc: McAllen, TX
Originally Posted By: Kreisler
Originally Posted By: jazzyprof
Originally Posted By: Damon
Originally Posted By: Pogorelich.

Anyway, why is the whole world going to *** all of a sudden????? (it always was, but this is some new astronomical rate)


Liberalism.

Free markets.

Electricity.

This thread.
_________________________
http://www.BrendanKinsella.com

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#2113044 - 07/05/13 12:09 AM Re: Steinway is bought out... we now play a Kholberg [Re: erichlof]
JoelW Offline
4000 Post Club Member

Registered: 05/25/12
Posts: 4158
This thread will be locked soon. I can smell it.
_________________________
To each his own.

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#2113051 - 07/05/13 12:47 AM Re: Steinway is bought out... we now play a Kholberg [Re: Damon]
BruceD Offline
Yikes! 10000 Post Club Member

Registered: 05/26/01
Posts: 17670
Loc: Victoria, BC
Originally Posted By: Damon
Originally Posted By: debrucey
The finest piano I've ever played on was a Shigeru Kawai but it seems almost nobody has heard of them.


thumb Unfortunately, I couldn't afford that one either.


Just for the sake of comparison :

the current listed "street price"
- Steinway B (6 ft. 10-1/2 in.) in satin ebony : $88,120.00
- Shigeru Kawai SK-6L (7 ft.) in polished ebony : $71,200.00

Regards,
_________________________
BruceD
- - - - -
Estonia 190 in satin ebony
Writing from Paris until 15 May, 2014

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#2113103 - 07/05/13 05:42 AM Re: Steinway is bought out... we now play a Kholberg [Re: Brendan]
wr Offline
7000 Post Club Member

Registered: 11/23/07
Posts: 7427
Originally Posted By: Brendan
Originally Posted By: Kreisler
Originally Posted By: jazzyprof
Originally Posted By: Damon
Originally Posted By: Pogorelich.

Anyway, why is the whole world going to *** all of a sudden????? (it always was, but this is some new astronomical rate)


Liberalism.

Free markets.

Electricity.

This thread.


People.

More specifically, way too many of them.

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#2113104 - 07/05/13 05:45 AM Re: Steinway is bought out... we now play a Kholberg [Re: wr]
Nikolas Online   content
4000 Post Club Member

Registered: 11/26/07
Posts: 4994
Loc: Europe
Originally Posted By: wr
People.

More specifically, way too many of them.
I was thinking the very same thing, and actually I had expanded my idea a bit, but decided not to post it cause things could get rather nasty...

so... no more Steinway huh? or not?
_________________________
http://www.musica-ferrum.com

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#2113196 - 07/05/13 10:58 AM Re: Steinway is bought out... we now play a Kholberg [Re: BruceD]
Damon Offline
5000 Post Club Member

Registered: 09/22/06
Posts: 5916
Loc: St. Louis area
Originally Posted By: BruceD
Originally Posted By: Damon
Originally Posted By: debrucey
The finest piano I've ever played on was a Shigeru Kawai but it seems almost nobody has heard of them.


thumb Unfortunately, I couldn't afford that one either.


Just for the sake of comparison :

the current listed "street price"
- Steinway B (6 ft. 10-1/2 in.) in satin ebony : $88,120.00
- Shigeru Kawai SK-6L (7 ft.) in polished ebony : $71,200.00

Regards,


I could consider the difference. laugh
_________________________
Prepositions are not words to end sentences with.

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#2113225 - 07/05/13 12:28 PM Re: Steinway is bought out... we now play a Kholberg [Re: BruceD]
Pogorelich. Offline
4000 Post Club Member

Registered: 12/28/08
Posts: 4491
Loc: in the past
Originally Posted By: BruceD
Originally Posted By: Damon
Originally Posted By: debrucey
The finest piano I've ever played on was a Shigeru Kawai but it seems almost nobody has heard of them.


thumb Unfortunately, I couldn't afford that one either.


Just for the sake of comparison :

the current listed "street price"
- Steinway B (6 ft. 10-1/2 in.) in satin ebony : $88,120.00
- Shigeru Kawai SK-6L (7 ft.) in polished ebony : $71,200.00

Regards,


That's not TOO bad, I guess. I think instead of a car I'll get a cheaper motorcycle, and save up for a Steinway!
_________________________

'I want to invest my emotions only in music; it will never disappoint me or hurt me - it is a safe place to be.'

Top
#2113259 - 07/05/13 01:40 PM Re: Steinway is bought out... we now play a Kholberg [Re: laguna_greg]
Derulux Offline
5000 Post Club Member

Registered: 06/06/05
Posts: 5067
Loc: Philadelphia
Originally Posted By: laguna_greg
Hi Deru,

" ...I don't see how anyone can think this will end well..."

No, it can't possibly, and Steinway and its like may be the first casualty.

Please post this on the thread in the "piano" forum, if you would.



I've gotten into many a similar discussion over there. wink

I'm on the road right now, but when I get a few minutes (probably Monday/Tuesday), I will check it out and slide in if/where appropriate. Haven't read that forum in a while, so I need to catch up. smile

Originally Posted By: wr
Originally Posted By: Brendan
Originally Posted By: Kreisler
Originally Posted By: jazzyprof
Originally Posted By: Damon
Originally Posted By: Pogorelich.

Anyway, why is the whole world going to *** all of a sudden????? (it always was, but this is some new astronomical rate)


Liberalism.

Free markets.

Electricity.

This thread.


People.

More specifically, way too many of them.

Sad and unfortunate truth...
_________________________
Every day we are afforded a new chance. The problem with life is not that you run out of chances. In the end, what you run out of are days.

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