As part of its continued diversification into the music and audio lifestyle arena, Gibson Guitar Corp., (“Gibson”), the world’s premier musical instrument manufacturer, today announced an agreement to make a strategic investment into Japan’s TEAC CORPORATION (“TEAC”) (TSE: 6803), a recognized trailblazer in the audio visual industry.
Tokyo, Japan (March 29, 2013) -- As part of its continued diversification into the music and audio lifestyle arena, Gibson Guitar Corp., (“Gibson”), the world’s premier musical instrument manufacturer, today announced an agreement to make a strategic investment into Japan’s TEAC CORPORATION (“TEAC”) (TSE: 6803), a recognized trailblazer in the audio visual industry. TEAC is one of the world’s top names in audio and visual equipment, and a leading producer of data storage equipment and related products. The transaction was unanimously approved by the Boards of Directors of both companies.
Gibson has entered into an agreement, signed today, with Phoenix Capital in which two investment funds operated by Phoenix Capital have agreed to sell to Gibson all the shares they own in TEAC Corporation, or 157,447,000 shares, (54.4% of the issued and outstanding shares), at a price agreed between the parties of 31 JPY per share. As this will result in Gibson acquiring over one third of TEAC, Japan’s Financial Instruments and Exchange Law requires Gibson to undertake a tender offer process.
Thus, Gibson, through a special purpose vehicle, will make an all-cash tender offer to purchase 157,447,000 shares of TEAC common stock for 31 Japanese Yen per share in cash. Gibson will purchase a maximum of 157,500,000 shares. The tender offer period is scheduled to commence on April 1, 2013 and will remain open for 21 Japanese business days.
Today, TEAC’s Board of Directors issued a press release supporting the tender offer.
Upon completion of the acquisition, TEAC will become a member of the Gibson family. This will not only expand the size and reach of Gibson’s Pro Audio business, with products that both complement and build upon the KRK, Cerwin-Vega!, and Stanton portfolio of world-class studio monitors, sound reinforcement equipment, and DJ gear respectively, in addition to the premium consumer electronics of strategic partner, Onkyo Corporation (“Onkyo”), but also in future product development, has the potential to add value to the Gibson MI segments, and even with the fretted instrument category.
TEAC is already widely recognized for high grade audio through its Esoteric brand, including multichannel recorders, handheld recorders, and Apple iOS devices, with growing opportunities in mixers and computer audio interfaces. Furthermore, TEAC is acknowledged as initiating the home recording revolution that changed the face of the music industry by introducing affordable multitrack recording, a technology invented by Les Paul, whose namesake Gibson guitar has established itself as the most coveted electric guitar of all time.
TEAC’s product lines range from industrial data acquisition and storage, high-end audio, disc publishing, medical video, and broadcast into a broad-based consumer market through their TASCAM division. The company’s leadership in multichannel recorders, sound contractor products, field recorders, audio interfaces, and more has resulted in breakthrough products like the self-contained Portastudio that includes all elements needed to produce professional-quality recordings while retaining a consumer-friendly price. The implications of integrating these diverse elements into the Gibson family of brands are far-reaching, and further enhance Gibson’s diversification into the lifestyle arena.
This is yet another step in Gibson’s aim to become the largest music and sound business in the world with the ability to deliver an uncompromising entertainment experience to the customer, spanning musical instruments to the most innovative recording and audio/visual devices. Adding TEAC products to Gibson’s line-up within allows the company to offer tailored products to cater to every taste and economic range for music lovers, and music creators, around the world.
This transaction also represents a significant commitment and investment into Japan by Gibson. This is the second transaction Gibson has made in Japan. In January 2012, Gibson announced a strategic alliance with Onkyo, a worldwide leader in consumer audio, where both companies made investments into each other. The size of this TEAC transaction – one of the largest Gibson has pursued – reflects the high level of confidence of the board and senior management in the Japanese market, and recognizes the technical and engineering excellence of one of the leading trailblazers in the specialist audio industry in Japan.
Post closure, TEAC will remain a listed company on the Tokyo Stock Exchange’s first section. The company will continue to be led by the current management, as TEAC brings unique, forward-thinking technical and engineering capabilities in Japan to further enhance Gibson’s Pro Audio Division, with the ability to leverage Gibson’s global commercialization abilities.
Commenting on the transaction, Henry E. Juszkiewicz, Chairman and CEO of Gibson, said: “We are delighted to welcome TEAC and its talented employees to the Gibson family. We have both known each other for a long time and share a vision for the future: bringing together world-class engineering and technical innovation in the audio space with the world’s premier musical instrument manufacturer, and the capability to market music innovation on a global scale.”
“Gibson is a strong believer in “Cool Japan” and together with TEAC, we look forward to not only contributing to the global understanding of the “Cool” products emanating from Japan in the music area, but also promoting the excellence of Japanese innovation in the industry,” he continued.
Yuji Hanabusa, President of TEAC commented: “We are very excited to join forces with one of the global legends in the music industry. This combination brings together two companies with state of the art technologies in the music space and will allow us to pursue a shared mission to develop innovative new products to further enhance the consumer experience in music on a truly global basis.”
This transaction is expected to bring about substantial synergies in joint marketing and global distribution, with benefits to both companies expected to include:
- Overlapping channels for both the pro and consumer audio products in the United States, offer an opportunity to combine logistics with Gibson and Onkyo USA
- Further access to Asian markets for all Gibson products
- Combined scale in EMEA with an opportunity to consolidate logistics through Gibson’s warehouse
- Gibson can leverage both TEAC’s R&D expertise to develop a new pipeline of products for Stanton DJ. in the Pro Audio field, as well as in the MI and fretted instruments segments for further product development
- Operational cost synergies that allow both TEAC and Gibson to leverage back-office costs across its selected segments within the United States.
Macquarie Capital Securities (Japan) Limited is acting as financial advisor to Gibson and Baker & McKenzie LLP is acting as legal counsel. Citi Yuwa is acting as legal counsel to TEAC. SMBC Nikko Securities is the tender offer agent for this transaction.
For more information:
Gibson
Hand-built in the USA, this pedal features original potentiometer values, True Bypass, and three unique modes for versatile distortion options. Commemorative extras included.
This limited-edition pedal is limited to a 1,974-piece run to commemorate the year of DOD’s start, 1974. The original OD250 put DOD on the map as “America’s Pedal” and continues to be an industry favorite today. Each pedal will have a serial-numbered Certificate of Authenticity, a commemorative laser-etched pedal topper, several commemorative guitar picks, and multiple commemorative stickers.
Hand-built in the USA, the DOD OD250 – 50th Anniversary Edition pedal boasts Gain and Level controls using the original potentiometer values and tapers giving the control knob the feel and range that DOD enthusiasts love. A three-position toggle switch features the OD250’s classic “SILICON” mode replicating that original sound. The “Ge/ASYM” mode uses a vintage Germanium diode for asymmetrical even-harmonic distortion. “LIFT” mode cuts the diode clipping from the signal path allowing for a clean boost or even a dirty boost when the vintage LM741 op-amp is clipped at higher gain settings. The DOD 250 also features True Bypass to maintain the integrity of your guitar tone.
This limited edition OD250 is outfitted in a stunning metal flake gray finish with classic yellow screenprint in a callback to the original OD250 of the 1970s. An etched aluminum badge on each unit commemorates this occasion. The DOD OD 250 – 50th Anniversary is ready to take its place among the historic DOD pedal lineup.
When John Johnson and “Mr. DOD” himself, David O. DiFrancesco set out to make DOD Electronics in Salt Lake City, Utah 50 years ago, they had no idea how enduring their legacy would be. Now 50 years later, DOD Electronics continues to be at the forefront of pedal technology. The DOD OD 250 – 50th Anniversary Pedal is an exceptional testament to DOD Electronics’ long–standing success.
Retail Price: $250.00
For more information, please visit digitech.com.
With a modified and well-worn heavy metal Tele, a Jerry Jones 12-string, a couple banjos, some tape sounds, and a mountain of fast-picking chops, New York’s master of guitar mayhem delivers Object of Unknown Function.
“It’s like time travel,” says Brandon Seabrook, reflecting on the sonic whiplash of “Object of Unknown Function.” The piece, which opens the composer’s solo album of the same name, journeys jarringly from aggressive “early banjo stuff” up through “more 21st-century classical music,” combined with electronic found sounds from a TASCAM 4-track cassette recorder. The end result approaches the disorientation of musique concréte.
“The structure is kind of like hopping centuries or epochs,” he adds. “I [wanted] all these different worlds to collide. It’s like a choose-your-own-adventure.”
It’s a heady, thrilling idea—but no one who’s followed his zigzagging career will be surprised at the gumption. As he’s cycled through various projects (including the acclaimed power trio Seabrook Power Plant), he’s become a resident chaos architect within the Brooklyn avant-garde scene—exploring everything from jazz-fusion to brutal prog to other untamed strains of heavy rock, typically wielding his trusted 1928 tenor banjo and a modified “heavy metal Telecaster” acoustic-electric from 1989.
But Object of Unknown Function, his first solo album since 2014’s Sylphid Vitalizers, became his own real-life choose-your-own-adventure—a process of rejuvenation by playing with new toys. Along with his usual gear, Seabrook’s main compositional tools this time were a 6-string 1920 William O. Schmick Lyric guitar banjo and a 1998 Jerry Jones Neptune electric 12-string—both of which became vibrant “new relationships,” even if, at first, he felt like he was “stepping out on his guitar.”
“My other guitar [his Telecaster] is the only thing I’ve been playing for the past 25 to 27 years,” he says, laughing. “I was so afraid to try something else: ‘I can’t play another guitar because it’s like an extension of my arm. I know the topography of this neck so well. It’s my sound.’"
Brandon Seabrook's Gear
Seabrook’s 1989 Fender HMT Thinline Telecaster has seen enough wear to rival Willie Nelson’s Trigger.
Photo by Scott Friedlander
Instruments
- 1928 Bacon & Day Silver Bell tenor banjo
- 1920 William O. Schmick Lyric guitar banjo
- 1989 Fender HMT Thinline Telecaster with Sheptone Pickups
- 1998 Jerry Jones Neptune 12-string electric
Amps
- 1962 Magnatone Custom 450
- 1971 Traynor YGM-3
Pedals
- Arion SAD-1 Stereo Delay
- Jam Pedals Dyna-ssoR compressor
- Jam Pedals Rattler distortion
Strings and Picks
- D’Addario XL Nickel Wound 10's
- Dunlop Tortex .88 mm
Accessories
- TASCAM PORTA 3 4-track cassette recorder
But Seabrook fell in love “right away” with the Jerry Jones, and new ideas started flooding out. “The 12-string is such a magic sound, and the Jerry Jones holds the intonation so well that you can detune some of the double-strings to make different intervals, kind of like a built-in harmonizer,” he says. “When you play chords on that and they ring; it’s some sort of majestic, angelic sound—or it can be.” Photo by Scott Friedlander
Seabrook found the 6-string banjo at Brooklyn shop RetroFret Vintage Guitars, intending to shop for a mandolin. He was struck by William Schmick’s construction (“It uses slightly heavier strings, and the neck is wide”) and, more crucially, the surprising intensity it harnesses: “It just sounded so metal to me or something,” he recalls. “So deep and rich and ominous, but beautiful.” These discoveries came at a pivotal time: “I don’t know what happened last year, but I felt the need to get some new instruments. And that opened up a new sound world.”
He eventually linked up with two key collaborators, producer David Breskin (John Zorn, Bill Frisell) and engineer Ben Greenberg (who plays guitar in noise-rock band Uniform), at the small Brooklyn studio Circular Ruin. That setting was ideal for the physical experience he hoped to capture: “I used contact mics on the guitar, and [sometimes on my body], to have a subtle sound design. It’s in there—you can kinda hear it [on the album] sometimes.”
One reason for that impact: This is, by and large, the most intimate record of Seabrook’s career—a downshift from the wall-to-wall wildness that has defined so much of his work. That said, make no mistake. Almost no one else could create the pogoing guitar madness of “Perverted by Perseverance,” which sounds like ’80s King Crimson being subjected to water torture. (“I actually was revisiting the ’80s King Crimson stuff while I was making this album,” he says. “I just came back to it after years of not hearing it. That’s straight-up Telecaster prepared with some alligator clips, and then I use my radio tape recorder on the pickups.”)
Object sometimes leans into a more traditional “solo” vibe, like on the dissonant, highly improvised banjo piece “Unbalanced Love Portfolio”; at other points, it piles instruments into towering overdub soundscapes, like on “Gondola Freak,” a heart-accelerating swirl of harmonized 12-strings.
Object of Unknown Functionis the guitarist’s first solo record since 2014’s Sylphid Vitalizers.
“I’ve been playing a lot of solo things over the past 10 years, and that’s on banjo and guitar,” Seabrook says. “I was kinda hesitant to make an album of that stuff, although some pieces are totally stripped-down to just me. But I thought I could make a more compelling studio listening experience now that I have a little more of a palette that these instruments are offering. The solo album I did 10 years ago had lots of layers, but I wanted to be a bit more vulnerable on this record and have some songs stripped-down and some full.”
The resulting project is a “blender” of all the things Seabrook loves, thrown together in a way that sparks his imagination. “I’m just trying to sound like the influences I have, whether it’s ’80s King Crimson or Eugene Chadbourne or Van Halen or Joni Mitchell—all these things I hear certain fragments of, and maybe it’s only for a measure or a section,” he says. “I guess I am conscious of messing with form. I love the juxtaposition of certain things.”
Seabrook is a long-time mainstay of the Brooklyn jazz and avant-garde scene, where, in addition to leading his own ensembles, he’s worked with a wide range of artists that includes Nels Cline, Anthony Braxton, Mike Watt, and Mostly Other People Do the Killing.
Photo by Luke Marantz
“I used to be even more of a hailstorm on the audience psyche,” he continues. “I just recorded a new album with this quartet of synthesizer, violin, bass, and guitar, and I want to bring more lyricism and less feeling of intentional surprise. I’m getting there slowly. A lot of the music I listen to is really lyrical, like folk music or soft rock. I try to put elements of that in here. I guess I do want to make weird twists and turns, but I do put a lot of thought into how to weave them and make them coherent.”
It’s not like Seabrook has suddenly recorded an Eagles album, but these more refined moments signal a desire to keep challenging himself—and his audience. “I think it’s getting older and being more vulnerable, more confident in your choices,” he says. “When I was younger, I never wanted one second of space. Now I just want to be more connected to the things I truly love. It’s a journey. I never want to think somebody wants to hear a certain thing from me.”
YouTube It
Video Caption: In this mind-melting performance of “brutalovechamp,” captured May 20th, 2023 at Brooklyn’s Public Records, Seabrook is joined by the epic proportions octet, including everything from cello to recorder.
Cory Wong and his Flyers comrade Mark Lettieri do a little show-and-tell at their summer camp.
Back in March 2022, we caught up with Cory Wong in the middle of an international tour to film a Rig Rundown. This time around, we found Wong with his Fearless Flyers pals sticking in one spot, at Cory Wong’s Syncopated Summer Camp. The four-day, four-night summit, held in Nashville, brought together ace players like Ariel Posen, Larry Carlton, and Sonny T to offer clinics on all things rhythm. Aside from the camp, Wong and his fellow guitar Flyer, Mark Lettieri, both had new releases to celebrate: Lettieri’s recent solo record, Can I Tell You Something?, dropped in July, and Wong’s Live in London and Starship Syncopation came out in May and July, respectively—plus, the Flyers’ new EP was released in February.
Both Lettieri and Wong toured us through the guitar gear they brought along for the camp.
Brought to you by D’Addario.The Wong Way
Wong’s starter is, unsurprisingly, his Fender Cory Wong Signature Stratocaster. This is an off-the-rack model, and the sapphire blue transparent satin lacquer finish demonstrates the beautiful alder beneath it: “Sometimes a guitar is made out of the right piece of a tree,” says Wong. Other features on the model include deluxe locking tuners, a 6-screw tremolo system, Seymour Duncan Cory Wong Clean Machine pickups, and an American Ultra Modern “D” neck profile.
Founder's Keepers
At John Mayer’s suggestion, Wong had Fender create him a “founder’s model” of his signature guitar, with some just-so appointments that can’t be had on the standard production instruments. Those include a bound fretboard and a unique, one-off finish.
But Wong doesn’t get too attached to his guitars. He often auctions them off to benefit a non-profit that gets free guitars into the hands of kids who need them.
Another Wong novelty: his fingers don’t sweat much, so he only changes his strings about once every three months, despite plenty of playing time. When the time comes, he uses Ernie Ball .010s from either the Slinkys or Paradigm series.
Neural Network
Through a Shure GLXD16 wireless system, Wong runs his guitar into his Neural DSP Quad Cortex, which runs a beta version of his Archetype: Cory Wong plugin, based off of a melding of a Dumble and a Fender Twin. The signal hits an onboard envelope filter and rarely used pitch shifter, then exits out the effects loop into a Wampler Cory Wong Compressor, Jackson Audio The Optimist, and a Hotone Wong Press. The signal goes back into the Quad Cortex, where there’s a preset phaser, stereo tape delay, and modulated reverb, plus a freeze effect. Two XLR outs run to front of house, while two run to Wong’s Mission Engineering Gemini 2 stereo cabinet.
Fiore di Latte
Lettieri flies with his signature PRS Fiore (and wears a matching shirt to boot). The model, which he began designing with PRS in 2019, has a swamp ash body, maple neck, 25 1/2" fretboard, nickel frets, and a pickup system that allows for 11 different combinations—the ultimate studio weapon. He runs it to his board with Revelation Cable Company cables. Lettieri strings it with Dunlop .010s, and strikes them with Dunlop celluloid picks.
Lettieri Goes Low
Lettieri also calls on this PRS SE 277 baritone guitar. He’s swapped the pickups for a Lollar P-90 in the neck position and a gold-foil in the bridge. He tunes it to A standard and runs .014–.072 strings on it.
Little Wing
Lettieri sticks with tubes, running into a PRS HDRX 20—a 20-watt combo intended to capture the roar and power of Hendrix’s Marshalls in a more practical package.
Chopping Block
Guitar pedals weren’t the intended application for Lettieri’s pedalboard—it was meant for chopping veggies, but that didn’t stop him from slapping his stomp tools on the cutting board.
His signal first hits a Keeley Monterey Custom Shop Edition, followed by an MXR Deep Phase, J. Rockett HRM, J. Rockett Melody OD (Lettieri’s signature), Pigtronix Octava, and a Dunlop DVP4, all powered by a Strymon Ojai. A TC Electronic TonePrint Plethora X5 pedalboard handles coordination and switching between the devices.
Shop the Fearless Flyers Rig
TC Electronic TonePrint Plethora X5 Pedalboard
Keeley Monterey Custom Shop Edition
EarthQuaker Devices introduces Gary, a versatile fuzz and overdrive pedal designed by Lee Kiernan of Idles.
Gary started as a simple request to create a compact version of the now discontinued Gray Channel, which was a mainstay on Lee’s board and a big part of his main drive tone. This was all fine and good, and sounded quite sick, but Gary was demanding that we look deeper and explore his dark side a little more, Gary after dark, Saturday night Gary. So, we sat him down and began the trek of figuring old Gare-Bear out once and for all. The result is a real exercise in light and dark; smooth to shredded and everything in between.
Gary’s right brain consists of a dynamic and destructive fuzz that is both domineering and interactive. It is a ripping fuzz tone with an envelope-controlled variable pulse width and enough volume to blow everything up. This nasty little fuzz turns the signal into a square wave and allows you to dynamically adjust the duty cycle with pick attack. Yes! Controls the sensitivity of the envelope. When this is all the way down you will get an unadulterated thick and heavy square wave fuzz tone that will sustain for days and go dead quiet when you stop playing. As you increase the Yes! control, the envelope becomes more interactive, and the pulse width narrows the harder you hit it. As the pulse width narrows, the tone becomes more nasal and biting until it gets so narrow that Gary goes to his dark place and disappears completely. In other words, with higher sensitivity settings, the sound will disappear entirely and come cruising back to Gary’s big guy tone. With proper playing dynamics, this creates a very cool effect that can sound like an exploding amp coming in and out of life, blown through a phase shifter.
This effect can also be controlled with an expression pedal for manual operation or for finding just the right pulse width to cut through the mix for a set-and-forget operation. When using an expression pedal, Yes! operates in conjunction with the expression pedal to set the peak of the sweep. Set Yes! to the desired stopping point and express yourself as you please without worry of taking Gary over the edge!
Oosh acts as the master volume for Gary’s nasty side. There is an insane amount of volume on tap so use this control wisely!
Gary’s left brain displays his softer side. This is a simple and natural sounding overdrive that keeps your tone lively and drives your amp crazy. This side is based on the green channel of our Gray Channel, which is our take on the classic little yellow overdrive that started it all for us. Lee used this pedal with the clipping switch permanently set to the middle position, which removes all the diodes from the circuit, producing a full-bodied, cutting opamp distortion with plenty of volume on tap. We have reproduced that tone here with exacting precision. Go sets the opamp drive and can range from a simple full-range clean boost all the way up to a smooth and natural distortion. In conjunction with That’s It, which is the master volume for the drive side, you can use Gary’s softer side as a clean boost to push your amp into overdrive or turn up Go and use all of Gary’s internal magic to create the finely tuned dirt you desire.
Gary’s signal path is fuzz into overdrive for total tonal integrity and cannot be changed. This is where Gary put his foot down, and we obliged.
Each and every Gary was softly brought to life by the delicate hands of EarthQuaker Devices in the elegantly unrefined canal-front city of Akron, Ohio USA.
USA MAP/List price: $199.00